Abbreviated Company Accounts - J.A.WYARD LIMITED

Registered Number 00708429

J.A.WYARD LIMITED

Abbreviated Accounts

31 March 2015

J.A.WYARD LIMITED Registered Number 00708429

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	10,864	6,401
		10,864	6,401
Current assets
Stocks		8,150	7,825
Debtors		175,770	127,742
Cash at bank and in hand		93,817	106,270
		277,737	241,837
Creditors: amounts falling due within one year		(132,260)	(120,180)
Net current assets (liabilities)		145,477	121,657
Total assets less current liabilities		156,341	128,058
Provisions for liabilities		(733)	(241)
Total net assets (liabilities)		155,608	127,817
Capital and reserves
Called up share capital		1,100	1,100
Revaluation reserve		47,630	47,630
Profit and loss account		106,878	79,087
Shareholders' funds		155,608	127,817

For the year ending 31 March 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 30 December 2015

And signed on their behalf by:
Mr J Wood, Director

J.A.WYARD LIMITED Registered Number 00708429

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery - 20% straight line
Computer equipment - 33% straight line
Motor vehicles - 20% straight line

2Tangible fixed assets

	£
Cost
At 1 April 2014	65,791
Additions	8,559
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	74,350
Depreciation
At 1 April 2014	59,390
Charge for the year	4,096
On disposals	-
At 31 March 2015	63,486
Net book values
At 31 March 2015	10,864
At 31 March 2014	6,401