ACCOUNTS - Final Accounts preparation

MILLIE JONES LIMITED - Company Information

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Registered number: 8897196

MILLIE JONES LTD

ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 28 FEBRUARY 2015

MILLIE JONES LTD

REGISTERED NUMBER: 8897196

ABBREVIATED BALANCE SHEET

AS AT 28 FEBRUARY 2015

2015

	Note	£	£
FIXED ASSETS
Tangible assets	2		42,501

CURRENT ASSETS
Debtors	13,379
Cash at bank	20,575

	33,954
CREDITORS: amounts falling due within one year	(72,622)
NET CURRENT LIABILITIES		(38,668)

NET ASSETS

3,833

CAPITAL AND RESERVES
Called up share capital	3	1
Profit and loss account		3,832

SHAREHOLDERS' FUNDS

3,833

The director considers that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the period in question in accordance with section 476 of the Act.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs of the company as at 28 February 2015 and of its profit for the period in accordance with the requirements of sections 394 and 395 of the Act 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, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf on 16 November 2015.

Esther Bowler

Director

The notes on page 2 form part of these financial statements.

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MILLIE JONES LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 28 FEBRUARY 2015

1.ACCOUNTING POLICIES

	1.1	Basis of preparation of financial statements
		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).

	1.2	Turnover
		Turnover comprises revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax and trade discounts.

	1.3	Tangible fixed assets and depreciation
		Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

				Plant and machinery	-	15% reducing balance
				Fixtures and fittings	-	15% reducing balance

2.TANGIBLE FIXED ASSETS

		£
	Cost
	Additions	50,000
	At 28 February 2015	50,000

	Depreciation
	Charge for the period	7,499
	At 28 February 2015	7,499

	Net book value
	At 28 February 2015	42,501

3.SHARE CAPITAL

			2015
			£
		Allotted, called up and fully paid

		1 Ordinary share of £1	1

One ordinary share of £1 was issued during the year

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