Jackson Campbell Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 01409473 (England and Wales)

JACKSON CAMPBELL LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr S C Whittle

Mrs S M Whittle

Ms G M Minogue

SECRETARY:

Ms G M Minogue

REGISTERED OFFICE:

81 Burton Road

Derby

Derbyshire

DE1 1TJ

REGISTERED NUMBER:

01409473 (England and Wales)

ACCOUNTANTS:

Johnson Tidsall Limited

Chartered Accountants

81 Burton Road

Derby

Derbyshire

DE1 1TJ

BANKERS:

Svenska Handelsbanken AB (publ)

3rd Floor

City Gate East

Tollhouse Hill

Nottingham

NG1 5FS

CURRENT ASSETS

Stocks

822,448

822,448

Debtors

2

1,349,516

1,176,121

Cash at bank

1,060

1,122

2,173,024

1,999,691

CREDITORS

Amounts falling due within one year

3

2,016,973

115,704

NET CURRENT ASSETS

156,051

1,883,987

TOTAL ASSETS LESS CURRENT LIABILITIES

156,051

1,883,987

CREDITORS

Amounts falling due after more than one year

3

-

1,726,221

NET ASSETS

156,051

157,766

CAPITAL AND RESERVES

Called up share capital

4

100,000

100,000

Profit and loss account

56,051

57,766

SHAREHOLDERS' FUNDS

156,051

157,766

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 directors acknowledge their 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 Board of Directors on 11 December 2014 and were signed on its behalf by:

Mr S C Whittle - 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).

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Deferred tax

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

the balance sheet date.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual

arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument

is any contract that evidences a residual interest in the assets of the company after deducting all of

its liabilities.

2.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 0 (2013 - £ 1,175,971 )

3.

CREDITORS

Creditors include an amount of £ 2,000,000 (2013 - £ 1,826,221 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100,000

Ordinary

£1

100,000

100,000

5.	ULTIMATE PARENT COMPANY

G 3 Whittle Limited, is regarded by the directors as being the company's ultimate parent company.