John Fitzgerald & Co. Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04770689

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 MAY 2014

FOR

JOHN FITZGERALD & CO. LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

J J P Fitzgerald

SECRETARY:

Mrs J E Fitzgerald

REGISTERED OFFICE:

19 Portland Square

Bristol

BS2 8SJ

REGISTERED NUMBER:

04770689

ACCOUNTANTS:

John Fitzgerald & Co. Ltd

19 Portland Square

Bristol

BS2 8SJ

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

1,668

2,224

1,668

2,224

CURRENT ASSETS

Debtors

226,736

107,616

Cash at bank

34,635

46,929

261,371

154,545

CREDITORS

Amounts falling due within one year

39,963

44,401

NET CURRENT ASSETS

221,408

110,144

TOTAL ASSETS LESS CURRENT LIABILITIES

223,076

112,368

CREDITORS

Amounts falling due after more than one year

97,666

6,124

NET ASSETS

125,410

106,244

CAPITAL AND RESERVES

Called up share capital

4

150

150

Profit and loss account

125,260

106,094

SHAREHOLDERS' FUNDS

125,410

106,244

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 26 February 2015 and were signed by:

J J P Fitzgerald - 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.

Goodwill

Goodwill is being amortised evenly over it's estimated useful life.

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

-

25% on reducing balance

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.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2013

and 31 May 2014

40,450

AMORTISATION

At 1 June 2013

and 31 May 2014

40,450

NET BOOK VALUE

At 31 May 2014

-

At 31 May 2013

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2013

and 31 May 2014

6,955

DEPRECIATION

At 1 June 2013

4,731

Charge for year

556

At 31 May 2014

5,287

NET BOOK VALUE

At 31 May 2014

1,668

At 31 May 2013

2,224

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary 'A'

1

100

100

50

Ordinary 'B'

1

50

50

150

150