Abbreviated Company Accounts - JWL DESIGN LIMITED

Abbreviated Company Accounts - JWL DESIGN LIMITED

JWL DESIGN LIMITED - Company Information

Print Friendly Version

Registered Number 06259370

JWL DESIGN LIMITED

Abbreviated Accounts

31 March 2014

JWL DESIGN LIMITED Registered Number 06259370

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 337 1,177
337 1,177
Current assets
Debtors 7,011 -
Cash at bank and in hand 5,857 7,319
12,868 7,319
Creditors: amounts falling due within one year (11,505) (11,560)
Net current assets (liabilities) 1,363 (4,241)
Total assets less current liabilities 1,700 (3,064)
Total net assets (liabilities) 1,700 (3,064)
Capital and reserves
Called up share capital 100 100
Profit and loss account 1,600 (3,164)
Shareholders' funds 1,700 (3,064)
  • 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 9 December 2014

And signed on their behalf by:
J W Lawrence, Director

JWL DESIGN LIMITED Registered Number 06259370

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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off their cost or value over their useful economic
life as follows -
Asset class Depreciation method and rate
Office Equipment 25% Straight Line
Plant & Machinery 25% Straight Line

2Tangible fixed assets
£
Cost
At 1 April 2013 4,446
Additions 363
Disposals -
Revaluations -
Transfers -
At 31 March 2014 4,809
Depreciation
At 1 April 2013 3,269
Charge for the year 1,203
On disposals -
At 31 March 2014 4,472
Net book values
At 31 March 2014 337
At 31 March 2013 1,177