Abbreviated Company Accounts - JONATHAN THORNTON LIMITED

Abbreviated Company Accounts - JONATHAN THORNTON LIMITED

JONATHAN THORNTON LIMITED - Company Information

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Registered Number 03686134

JONATHAN THORNTON LIMITED

Abbreviated Accounts

31 December 2014

JONATHAN THORNTON LIMITED Registered Number 03686134

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014 2013
£ £
Called up share capital not paid - -
Current assets
Debtors 2,336 -
Investments 315,771 347,027
Cash at bank and in hand 26,990 9,726
345,097 356,753
Creditors: amounts falling due within one year (113) (3,495)
Net current assets (liabilities) 344,984 353,258
Total assets less current liabilities 344,984 353,258
Total net assets (liabilities) 344,984 353,258
Capital and reserves
Called up share capital 2 2
Profit and loss account 344,982 353,256
Shareholders' funds 344,984 353,258
  • For the year ending 31 December 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 22 May 2015

And signed on their behalf by:
JGT Thornton, Director

JONATHAN THORNTON LIMITED Registered Number 03686134

Notes to the Abbreviated Accounts for the period ended 31 December 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
Investment management services represent amounts receivable from investment management clients

Tangible assets depreciation policy
Fixed assets are depreciated over their expected useful lives using the following rates per annum:
Equipment - 25% on the reducing balance

Other accounting policies
Cash flow statement
The Company has taken advantage of the provisions of Financial Reporting Standard No. 1 and has not prepared a cash flow statement.