J J Smith Plumbing & Heating Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06350115 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2014

for

J J Smith Plumbing & Heating Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

4

DIRECTORS:

J J Smith

Mrs P E Smith

SECRETARY:

Mrs P E Smith

REGISTERED OFFICE:

26 High Street

Rochester

Kent

ME1 1PT

REGISTERED NUMBER:

06350115 (England and Wales)

ACCOUNTANTS:

M W Dodd & Associates Limited

26 High Street

Rochester

Kent

ME1 1PT

FIXED ASSETS

Tangible assets

2

457

621

CURRENT ASSETS

Debtors

15,608

13,903

Cash at bank

693

260

16,301

14,163

CREDITORS

Amounts falling due within one year

15,148

13,445

NET CURRENT ASSETS

1,153

718

TOTAL ASSETS LESS CURRENT LIABILITIES

1,610

1,339

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

1,608

1,337

SHAREHOLDERS' FUNDS

1,610

1,339

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 23 December 2014 and were signed on its behalf by:

J J Smith - 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).

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.

Plant and machinery etc

-

20% on reducing balance

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

1,093

DEPRECIATION

At 1 April 2013

472

Charge for year

164

At 31 March 2014

636

NET BOOK VALUE

At 31 March 2014

457

At 31 March 2013

621

3.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2014

2013

value:

£

£

2

Ordinary shares

£1

2

2

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to three)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of J J Smith Plumbing & Heating Limited for the year ended 31 March 2014 which comprise the

Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from

information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject

to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of J J Smith Plumbing & Heating Limited, as a body, in accordance

with the terms of our engagement letter dated 14 December 2011. Our work has been undertaken solely to prepare for

your approval the financial statements of J J Smith Plumbing & Heating Limited and state those matters that we have

agreed to state to the Board of Directors of J J Smith Plumbing & Heating Limited, as a body, in this report in

accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not

accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or

for this report.

It is your duty to ensure that J J Smith Plumbing & Heating Limited has kept adequate accounting records and to prepare

statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of J J

Smith Plumbing & Heating Limited. You consider that J J Smith Plumbing & Heating Limited is exempt from the

statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of J J Smith Plumbing &

Heating Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or

information and explanations you have given to us and we do not, therefore, express any opinion on the statutory

financial statements.

M W Dodd & Associates Limited

26 High Street

Rochester

Kent

ME1 1PT

23 December 2014