Tim Jones Painting & Decorating Limited - Period Ending 2015-06-30

Registration number: 04709855

Tim Jones Painting & Decorating Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 June 2015
 

Tim Jones Painting & Decorating Limited
Contents

Page

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Tim Jones Painting & Decorating Limited
(Registration number: 04709855)
Abbreviated Balance Sheet at 30 June 2015

		Note			2015 £			2014 £
Fixed assets
Tangible fixed assets					990			1,291
Current assets
Debtors					3,501			991
Cash at bank and in hand					5,469			998
					8,970			1,989
Creditors: Amounts falling due within one year					(8,788)			(4,240)
Net current assets/(liabilities)					182			(2,251)
Net assets/(liabilities)					1,172			(960)
Capital and reserves
Called up share capital		3			200			200
Profit and loss account					972			(1,160)
Shareholders' funds/(deficit)					1,172			(960)

For the year ending 30 June 2015 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 28 September 2015 and signed on its behalf by:

Mr T K Jones Director

Mrs K J Jones Director

Page 1

Tim Jones Painting & Decorating Limited
Notes to the Abbreviated Accounts
For the Year Ended 30 June 2015

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Vehicles	25% of written down value
Plant, machinery and equipment	15% of written down value

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 July 2014		9,344			9,344
At 30 June 2015		9,344			9,344
Depreciation
At 1 July 2014		8,053			8,053
Charge for the year		301			301
At 30 June 2015		8,354			8,354
Net book value
At 30 June 2015		990			990
At 30 June 2014		1,291			1,291

Page 2

Tim Jones Painting & Decorating Limited
Notes to the Abbreviated Accounts
For the Year Ended 30 June 2015

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary A shares of £1 each		100			100			100			100
Ordinary B shares of £1 each		100			100			100			100
		200			200			200			200

Page 3