Gavin Johnson Limited - Limited company - abbreviated

REGISTERED NUMBER: 05530182 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2014

for

Gavin Johnson Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr G J Johnson

SECRETARY:

Mrs R Johnson

REGISTERED OFFICE:

Cannonbrook

Ongar Road

Stondon Massey

Brentwood

Essex

CM15 0EQ

REGISTERED NUMBER:

05530182 (England and Wales)

ACCOUNTANTS:

Peter Hodgson & Co

Shadwell House

65 Lower Green Road

Rusthall

Tunbridge Wells

Kent

TN4 8TW

FIXED ASSETS

Tangible assets

2

359

478

CURRENT ASSETS

Debtors

65

-

Cash at bank

45,881

35,977

45,946

35,977

CREDITORS

Amounts falling due within one year

12,556

18,665

NET CURRENT ASSETS

33,390

17,312

TOTAL ASSETS LESS CURRENT
LIABILITIES

33,749

17,790

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

33,649

17,690

SHAREHOLDERS' FUNDS

33,749

17,790

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 18 October 2014 and were signed by:

Mr G J Johnson - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

3,250

DEPRECIATION

At 1 April 2013

2,772

Charge for year

119

At 31 March 2014

2,891

NET BOOK VALUE

At 31 March 2014

359

At 31 March 2013

478

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

100

Ordinary

1

100

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the company owed Mr Johnson £2,155 (2013: £9,011).

Gavin Johnson Limited - Limited company - abbreviated - 11.6

Gavin Johnson Limited - Limited company - abbreviated - 11.6