John King Associates Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07679197 (England and Wales)

JOHN KING ASSOCIATES LIMITED

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

J King Esq.

SECRETARY:

Mrs C M King

REGISTERED OFFICE:

361 Rayleigh Road

Eastwood

Leigh-on-Sea

Essex

SS9 5PS

REGISTERED NUMBER:

07679197 (England and Wales)

ACCOUNTANTS:

Hudson THP Limited

Chartered Accountants

361 Rayleigh Road

Eastwood

Leigh-on-Sea

Essex

SS9 5PS

FIXED ASSETS

Tangible assets

2

282

376

CURRENT ASSETS

Debtors

-

4,820

Cash at bank

67,198

109,505

67,198

114,325

CREDITORS

Amounts falling due within one year

31,424

79,858

NET CURRENT ASSETS

35,774

34,467

TOTAL ASSETS LESS CURRENT LIABILITIES

36,056

34,843

PROVISIONS FOR LIABILITIES

56

75

NET ASSETS

36,000

34,768

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

35,998

34,766

SHAREHOLDERS' FUNDS

36,000

34,768

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2015 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 14 August 2015 and were signed by:

J King Esq. - 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.

Computer equipment

-

25% 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.

Employer financed retirement benefit scheme

During the year to 30 June 2013, the Company resolved to establish an employer financed retirement benefit

scheme for the benefit of its officers, employees and their wider families, The John King Associates Limited

Employer Financed Retirement Benefit Scheme ("The Scheme").

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2014

and 30 June 2015

892

DEPRECIATION

At 1 July 2014

516

Charge for year

94

At 30 June 2015

610

NET BOOK VALUE

At 30 June 2015

282

At 30 June 2014

376

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

2

Ordinary

£1.00

2

2