Abbreviated Company Accounts - JC SPIERS LIMITED

Registered Number 09694040

JC SPIERS LIMITED

Abbreviated Accounts

31 July 2016

JC SPIERS LIMITED Registered Number 09694040

Abbreviated Balance Sheet as at 31 July 2016

	Notes	2016
		£
Fixed assets
Tangible assets	2	18,487
		18,487
Current assets
Debtors		498
Cash at bank and in hand		4,304
		4,802
Creditors: amounts falling due within one year		(19,104)
Net current assets (liabilities)		(14,302)
Total assets less current liabilities		4,185
Creditors: amounts falling due after more than one year		(10,928)
Total net assets (liabilities)		(6,743)
Capital and reserves
Called up share capital	3	500
Profit and loss account		(7,243)
Shareholders' funds		(6,743)

For the year ending 31 July 2016 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 5 April 2017

And signed on their behalf by:
C Spiers, Director
J Spiers, Director

JC SPIERS LIMITED Registered Number 09694040

Notes to the Abbreviated Accounts for the period ended 31 July 2016

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 and trade discounts.

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:
Motor vehicles 25% reducing balance

2Tangible fixed assets

	£
Cost
Additions	24,650
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2016	24,650
Depreciation
Charge for the year	6,163
On disposals	-
At 31 July 2016	6,163
Net book values
At 31 July 2016	18,487

3Called Up Share Capital

0 of 0p. Allotted, called up and fully paid.