Abbreviated Company Accounts - J & J TRANSPORT LIMITED

J & J TRANSPORT LIMITED - Company Information

02802767 J & J TRANSPORT LIMITED 2015-09-30 false 2014-10-01 2015-09-30 true 02802767 2014-10-01 2015-09-30 02802767 2015-09-30 02802767 2014-09-30 02802767 uk-gaap-cd-bus:Director1 2014-10-01 2015-09-30 02802767 uk-gaap-cd-bus:Director2 2014-10-01 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-01 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-30 uk-gaap-cd-bus:OrdinaryShareClass2 2014-10-01 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass2 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass2 2014-09-30 iso4217:GBP shares

Registered Number 02802767

J & J TRANSPORT LIMITED

Abbreviated Accounts

30 September 2015

J & J TRANSPORT LIMITED Registered Number 02802767

Abbreviated Balance Sheet as at 30 September 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	4,381,108	4,473,930
		4,381,108	4,473,930
Current assets
Debtors		3,209,146	2,485,618
Cash at bank and in hand		1,066,110	1,022,610
		4,275,256	3,508,228
Creditors: amounts falling due within one year	3	(1,197,541)	(1,504,129)
Net current assets (liabilities)		3,077,715	2,004,099
Total assets less current liabilities		7,458,823	6,478,029
Creditors: amounts falling due after more than one year	3	(917,225)	(960,567)
Provisions for liabilities		(298,515)	(234,501)
Total net assets (liabilities)		6,243,083	5,282,961
Capital and reserves
Called up share capital	4	1,100	1,100
Profit and loss account		6,241,983	5,281,861
Shareholders' funds		6,243,083	5,282,961

For the year ending 30 September 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 24 November 2015

And signed on their behalf by:
Mr J M McDaid, Director

J & J TRANSPORT LIMITED Registered Number 02802767

Notes to the Abbreviated Accounts for the period ended 30 September 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

The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
Fixed assets

All fixed assets are initially recorded at cost.

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Plant & Machinery - 15% / 25% reducing balance
Fixtures & Fittings - 15% reducing balance

Other accounting policies
Hire purchase agreements

Assets held under hire purchase agreements are capitalised and disclosed under tangible fixed assets at their fair value. The capital element of the future payments is treated as a liability and the interest is charged to the profit and loss account on a straight line basis.

Pension costs

The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the profit and loss account.

2Tangible fixed assets

	£
Cost
At 1 October 2014	7,060,078
Additions	543,967
Disposals	(508,389)
Revaluations	-
Transfers	-
At 30 September 2015	7,095,656
Depreciation
At 1 October 2014	2,586,148
Charge for the year	392,983
On disposals	(264,583)
At 30 September 2015	2,714,548
Net book values
At 30 September 2015	4,381,108
At 30 September 2014	4,473,930

3Creditors

	2015 £	2014 £
Secured Debts	934,206	1,043,817

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1,000 Ordinary shares of £1 each	1,000	1,000
100 B Ordinary shares of £1 each	100	100