J_&_C_POMROY_LIMITED - Accounts

J & C POMROY LIMITED - Company Information

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Company Registration No. 04897731 (England and Wales)

J & C POMROY LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2015

J & C POMROY LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

J & C POMROY LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 OCTOBER 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

4,669

6,506

Current assets

Stocks

31,904

11,900

Debtors

99,892

38,054

Cash at bank and in hand

131,813

49,971

Creditors: amounts falling due within one year

(113,029)

(34,649)

Net current assets

18,784

15,322

Total assets less current liabilities

23,453

21,828

Provisions for liabilities

(30)

(1,339)

23,423

20,489

Capital and reserves

Called up share capital

100

Profit and loss account

23,323

20,389

Shareholders' funds

23,423

20,489

For the financial year ended 31 October 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 31 March 2016

Mr J D Pomroy

Mrs C E Pomroy

Director

Company Registration No. 04897731

J & C POMROY LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

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

1.4

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 less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery

20% per annum reducing balance

Fixtures, fittings & equipment

25% per annum reducing balance

Motor vehicles

25% per annum reducing balance

Fixed assets

Tangible assets

Cost

At 1 November 2014 & at 31 October 2015

57,684

Depreciation

At 1 November 2014

51,178

Charge for the year

1,837

At 31 October 2015

53,015

Net book value

At 31 October 2015

4,669

At 31 October 2014

6,506

Share capital

2015

2014

Allotted, called up and fully paid

100 Ordinary shares of of £1 each

100