Abbreviated Company Accounts - JULIE JOHNSTON & ASSOCIATES LTD.

Abbreviated Company Accounts - JULIE JOHNSTON & ASSOCIATES LTD.

JULIE JOHNSTON & ASSOCIATES LTD. - Company Information

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Registered Number 05081657

JULIE JOHNSTON & ASSOCIATES LTD.

Abbreviated Accounts

31 March 2014

JULIE JOHNSTON & ASSOCIATES LTD. Registered Number 05081657

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 1,611 1,794
1,611 1,794
Current assets
Stocks 1,247 -
Debtors 3,256 1,407
Cash at bank and in hand 1,863 5,439
6,366 6,846
Creditors: amounts falling due within one year (5,886) (5,325)
Net current assets (liabilities) 480 1,521
Total assets less current liabilities 2,091 3,315
Provisions for liabilities (322) (583)
Total net assets (liabilities) 1,769 2,732
Capital and reserves
Called up share capital 1 1
Profit and loss account 1,768 2,731
Shareholders' funds 1,769 2,732
  • 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 19 December 2014

And signed on their behalf by:
Miss Julie Johnston, Director

JULIE JOHNSTON & ASSOCIATES LTD. Registered Number 05081657

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 total invoiced value, excluding value added tax, of sales made during the year and derives from the provision of goods and services falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided for as follows:
Fixtures, Fittings & Equipment : 25% Reducing Balance
Computer Equipment ; 25% Reducing Balance

2Tangible fixed assets
£
Cost
At 1 April 2013 6,085
Additions 357
Disposals -
Revaluations -
Transfers -
At 31 March 2014 6,442
Depreciation
At 1 April 2013 4,291
Charge for the year 540
On disposals -
At 31 March 2014 4,831
Net book values
At 31 March 2014 1,611
At 31 March 2013 1,794