Abbreviated Company Accounts - J.E. & C.M. FLETCHER & CO. LIMITED

J.E. & C.M. FLETCHER & CO. LIMITED - Company Information

03087108 J.E. & C.M. FLETCHER & CO. LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 03087108 2013-04-01 2014-03-31 03087108 2014-03-31 03087108 2013-03-31 03087108 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 03087108 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 03087108

J.E. & C.M. FLETCHER & CO. LIMITED

Abbreviated Accounts

31 March 2014

J.E. & C.M. FLETCHER & CO. LIMITED Registered Number 03087108

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	-	13,712
Tangible assets	3	732,022	669,944
		732,022	683,656
Current assets
Stocks		61,806	61,895
Debtors		74,144	46,736
		135,950	108,631
Creditors: amounts falling due within one year		(408,883)	(435,364)
Net current assets (liabilities)		(272,933)	(326,733)
Total assets less current liabilities		459,089	356,923
Creditors: amounts falling due after more than one year		(426,686)	(410,309)
Total net assets (liabilities)		32,403	(53,386)
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		32,401	(53,388)
Shareholders' funds		32,403	(53,386)

For the year ending 31 March 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 29 October 2014

And signed on their behalf by:
J E Fletcher, Director

J.E. & C.M. FLETCHER & CO. LIMITED Registered Number 03087108

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the amounts receivable for goods and services net of vat and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over is expected useful life as follows;

Leasehold improvements 4% per annum of cost
Plant and machinery 10% per annum of cost
Motor vehicles 15% /25% per annum of written down value

Intangible assets amortisation policy
Milk quota; Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

2Intangible fixed assets

	£
Cost
At 1 April 2013	68,560
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	68,560
Amortisation
At 1 April 2013	54,848
Charge for the year	13,712
On disposals	-
At 31 March 2014	68,560
Net book values
At 31 March 2014	0
At 31 March 2013	13,712

3Tangible fixed assets

	£
Cost
At 1 April 2013	879,270
Additions	298,830
Disposals	(235,635)
Revaluations	-
Transfers	-
At 31 March 2014	942,465
Depreciation
At 1 April 2013	209,326
Charge for the year	46,153
On disposals	(45,036)
At 31 March 2014	210,443
Net book values
At 31 March 2014	732,022
At 31 March 2013	669,944

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2