David Johns Associates Consultants Limit - Abbreviated accounts 16.3

REGISTERED NUMBER: 03828333 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 1 December 2015 to 31 May 2017

for

DAVID JOHNS ASSOCIATES

CONSULTANTS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

M J Buckthorpe

S R Batehup

SECRETARY:

M J Buckthorpe

REGISTERED OFFICE:

Oxford House

15-17 Mount Ephraim Road

Tunbridge Wells

Kent

TN1 1EN

REGISTERED NUMBER:

03828333 (England and Wales)

ACCOUNTANTS:

Ward Mackenzie Ltd

Chartered Accountants

Oxford House

15-17 Mount Ephraim Road

Tunbridge Wells

Kent

TN1 1EN

FIXED ASSETS

Tangible assets

2

620,224

650,564

CURRENT ASSETS

Debtors

15,251

64,525

Cash at bank and in hand

79,286

109,209

94,537

173,734

CREDITORS

Amounts falling due within one year

3

(57,670

)

(105,061

)

NET CURRENT ASSETS

36,867

68,673

TOTAL ASSETS LESS CURRENT
LIABILITIES

657,091

719,237

CREDITORS

Amounts falling due after more than one year

3

(183,405

)

(224,308

)

NET ASSETS

473,686

494,929

CAPITAL AND RESERVES

Called up share capital

4

80

Capital redemption reserve

40

Profit and loss account

473,566

494,809

SHAREHOLDERS' FUNDS

473,686

494,929

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2017 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 23 February 2018 and were signed on its behalf by:

M J Buckthorpe - Director

S R Batehup - 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 January 2015).

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.

Freehold property

-

2% on cost

Plant and machinery

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Deferred tax

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

sheet date as these are considered immaterial.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period

of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2015

818,141

Disposals

(13,402

)

At 31 May 2017

804,739

DEPRECIATION

At 1 December 2015

167,577

Charge for period

24,142

Eliminated on disposal

(7,204

)

At 31 May 2017

184,515

NET BOOK VALUE

At 31 May 2017

620,224

At 30 November 2015

650,564

3.

CREDITORS

Creditors include an amount of £ 215,139 (30.11.15 - £ 256,042 ) for which security has been given.

They also include the following debts falling due in more than five years:

31.5.17

30.11.15

£

Repayable by instalments

56,469

97,372

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.17

30.11.15

value:

£

80

Ordinary

£1

80

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 31 May 2017 and the year ended

30 November 2015:

31.5.17

30.11.15

£

M J Buckthorpe

Balance outstanding at start of period

(676

)

(2,476

)

Amounts advanced

1,036

1,800

Amounts repaid

-

Balance outstanding at end of period

360

(676

)

S R Batehup

Balance outstanding at start of period

-

(2,999

)

Amounts advanced

4,703

2,999

Amounts repaid

-

Balance outstanding at end of period

4,703

-

Director loan account was repaid within 9 months of the year end