| JM Gas Heating & Plumbing Limited |
| Registered number: |
04957787 |
| Abbreviated Balance Sheet |
| as at 31 March 2015 |
|
| Notes |
|
|
2015 |
|
|
2014 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
2 |
|
|
235 |
|
| Current assets |
| Stocks |
|
|
439 |
|
|
489 |
| Debtors |
|
|
399 |
|
|
571 |
| Cash at bank and in hand |
|
|
2,031 |
|
|
1,393 |
|
|
|
2,869 |
|
|
2,453 |
|
| Creditors: amounts falling due within one year |
|
|
(4,474) |
|
|
(2,682) |
|
| Net current liabilities |
|
|
|
(1,605) |
|
|
(229) |
|
| Net (liabilities)/assets |
|
|
|
(1,603) |
|
|
6 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
10 |
|
|
10 |
| Profit and loss account |
|
|
|
(1,613) |
|
|
(4) |
|
| Shareholders' funds |
|
|
|
(1,603) |
|
|
6 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| J M Martin |
| Director |
| Approved by the board on 10 September 2015 |
|
| JM Gas Heating & Plumbing Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 31 March 2015 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
20% straight line |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2014 |
16,768 |
|
At 31 March 2015 |
16,768 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2014 |
16,533 |
|
Charge for the year |
233 |
|
At 31 March 2015 |
16,766 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2015 |
2 |
|
At 31 March 2014 |
235 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
10 |
|
10 |
|
10 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Loans to directors |
|
Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
| £ |
£ |
£ |
£ |
|
J M Martin |
|
This loan is interest free and there is no fixed date for repayment. |
(431) |
|
- |
|
433 |
|
2 |
|
|
|
(431) |
|
- |
|
433 |
|
2 |
|
|
|
|
|
|
|
|
|
