Jerry Howarth Pork Butchers Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 06192707 (England and Wales)

Abbreviated Accounts For The Year Ended 31st March 2015

for

Jerry Howarth Pork Butchers Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs M Howarth

T J Howarth

REGISTERED OFFICE:

64 High Street

Belper

Derbyshire

DE56 1GF

REGISTERED NUMBER:

06192707 (England and Wales)

ACCOUNTANTS:

L& S Accountancy Services

64 High Street

Belper

Derbyshire

DE56 1GF

FIXED ASSETS

Tangible assets

2

11,602

4,907

CURRENT ASSETS

Stocks

6,224

7,330

Debtors

8,487

6,801

Cash at bank and in hand

12,945

13,938

27,656

28,069

CREDITORS

Amounts falling due within one year

26,352

21,320

NET CURRENT ASSETS

1,304

6,749

TOTAL ASSETS LESS CURRENT LIABILITIES

12,906

11,656

CREDITORS

Amounts falling due after more than one year

-

(4,947

)

PROVISIONS FOR LIABILITIES

(2,320

)

(800

)

NET ASSETS

10,586

5,909

CAPITAL AND RESERVES

Called up share capital

3

54

54

Profit and loss account

10,532

5,855

SHAREHOLDERS' FUNDS

10,586

5,909

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 11th November 2015 and were signed on its behalf by:

T J Howarth - 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.

Fixtures and fittings

-

10% on cost

Motor vehicles

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st April 2014

14,144

Additions

8,225

At 31st March 2015

22,369

DEPRECIATION

At 1st April 2014

9,237

Charge for year

1,530

At 31st March 2015

10,767

NET BOOK VALUE

At 31st March 2015

11,602

At 31st March 2014

4,907

3.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2015

2014

value:

£

£

50

Share capital - Class A

£1

50

50

1

Share capital - Class B

£1

1

1

1

Share capital - Class C

£1

1

1

1

Share capital - Class D

£1

1

1

1

Share capital - Class E

£1

1

1

54

54

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At 31st March 2015 the company owed to it's directors Mrs. M. Howarth and Mr. T. J. Howarth the sum of

£14,776 (2014: £4,332). This amount is unsecured , interest free and has no fixed repayment terms.