Abbreviated Company Accounts - JOSHEWER LIMITED

01096637 JOSHEWER LIMITED 2015-09-30 false 2014-10-01 2015-09-30 true 01096637 2014-10-01 2015-09-30 01096637 2015-09-30 01096637 2014-09-30 01096637 uk-gaap-cd-bus:Director1 2014-10-01 2015-09-30 01096637 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 iso4217:GBP shares

Registered Number 01096637

JOSHEWER LIMITED

Abbreviated Accounts

30 September 2015

JOSHEWER LIMITED Registered Number 01096637

Abbreviated Balance Sheet as at 30 September 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	2,537,517	2,513,841
Investments	3	77,975	77,975
		2,615,492	2,591,816
Current assets
Debtors		47,295	72,346
Cash at bank and in hand		6,349	1,871
		53,644	74,217
Creditors: amounts falling due within one year	4	(117,189)	(112,890)
Net current assets (liabilities)		(63,545)	(38,673)
Total assets less current liabilities		2,551,947	2,553,143
Creditors: amounts falling due after more than one year	4	(166,889)	(208,940)
Provisions for liabilities		(2,727)	(4,775)
Total net assets (liabilities)		2,382,331	2,339,428
Capital and reserves
Called up share capital	5	3	3
Revaluation reserve		2,106,341	2,106,341
Profit and loss account		275,987	233,084
Shareholders' funds		2,382,331	2,339,428

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 29 June 2016

And signed on their behalf by:
C Allenby, Director

JOSHEWER LIMITED Registered Number 01096637

Notes to the Abbreviated Accounts for the period ended 30 September 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention modified to include the revaluation of freehold land and buildings and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). 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).

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT that fall within the company's ordinary activities. The principal income stream relates to that of property rental in the United Kingdom and income is recognised at fair value and is accrued on a daily basis.

Other accounting policies
Investment properties
The company implements SSAP 19 Investment Properties in respect of properties held by the company meeting the criteria. In line with SSAP 19, investment properties are re-valued annually on an open market basis and no depreciation is accounted for on the buildings which have a limited economic life.

Investments
Fixed asset investments are stated at cost less provision for diminution in value.

Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

2Tangible fixed assets

	£
Cost
At 1 October 2014	2,573,510
Additions	25,191
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2015	2,598,701
Depreciation
At 1 October 2014	59,669
Charge for the year	1,515
On disposals	-
At 30 September 2015	61,184
Net book values
At 30 September 2015	2,537,517
At 30 September 2014	2,513,841

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

Computer equipment - 33% straight line
Fixtures, fittings and equipment - 10% reducing balance

3Fixed assets Investments
Cost or valuation at 1 October 2014 £77,975
Additions nil
Depreciation nil
Net book value at 30 September 2015 £7,975
Net book value at 30 September 2014 £77,975

4Creditors

	2015 £	2014 £
Secured Debts	167,819	208,940
Instalment debts due after 5 years	88,882	95,256

5Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
3 Ordinary shares of £1 each	3	3