Abbreviated Company Accounts - J WALTERS & CO LIMITED

J WALTERS & CO LIMITED - Company Information

07822442 J WALTERS & CO LIMITED 2015-10-31 false 2014-11-01 2015-10-31 true 07822442 2014-11-01 2015-10-31 07822442 2015-10-31 07822442 2014-10-31 07822442 uk-gaap-cd-bus:Director1 2014-11-01 2015-10-31 07822442 uk-gaap-cd-bus:Director2 2014-11-01 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-01 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-31 iso4217:GBP shares

Registered Number 07822442

J WALTERS & CO LIMITED

Abbreviated Accounts

31 October 2015

J WALTERS & CO LIMITED Registered Number 07822442

Abbreviated Balance Sheet as at 31 October 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	3,397	4,921
		3,397	4,921
Current assets
Debtors		-	84,000
Cash at bank and in hand		24,835	119,625
		24,835	203,625
Creditors: amounts falling due within one year		(28,110)	(207,702)
Net current assets (liabilities)		(3,275)	(4,077)
Total assets less current liabilities		122	844
Total net assets (liabilities)		122	844
Capital and reserves
Called up share capital	3	10	10
Profit and loss account		112	834
Shareholders' funds		122	844

For the year ending 31 October 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 28 July 2016

And signed on their behalf by:
James Walters, Director

J WALTERS & CO LIMITED Registered Number 07822442

Notes to the Abbreviated Accounts for the period ended 31 October 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 the total invoice value, excluding value added tax, of sales made during the year.

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

Fixtures, fitting and equipment- 20% Straight Line

2Tangible fixed assets

	£
Cost
At 1 November 2014	9,278
Additions	415
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2015	9,693
Depreciation
At 1 November 2014	4,357
Charge for the year	1,939
On disposals	-
At 31 October 2015	6,296
Net book values
At 31 October 2015	3,397
At 31 October 2014	4,921

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
10 Ordinary shares of £1 each	10	10