John King Associates Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07679197 (England and Wales)

JOHN KING ASSOCIATES LIMITED

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

J King Esq.

SECRETARY:

Mrs C M King

REGISTERED OFFICE:

361 Rayleigh Road

Eastwood

Leigh-on-Sea

Essex

SS9 5PS

REGISTERED NUMBER:

07679197 (England and Wales)

ACCOUNTANTS:

Hudson THP Limited

Chartered Accountants

361 Rayleigh Road

Eastwood

Leigh-on-Sea

Essex

SS9 5PS

FIXED ASSETS

Tangible assets

2

376

502

CURRENT ASSETS

Debtors

4,820

-

Cash at bank

109,505

80,409

114,325

80,409

CREDITORS

Amounts falling due within one year

79,858

52,935

NET CURRENT ASSETS

34,467

27,474

TOTAL ASSETS LESS CURRENT LIABILITIES

34,843

27,976

PROVISIONS FOR LIABILITIES

75

-

NET ASSETS

34,768

27,976

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

34,766

27,974

SHAREHOLDERS' FUNDS

34,768

27,976

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 12 November 2014 and were signed by:

J King Esq. - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

Employer financed retirement benefit scheme

During the year to 30 June 2013, the Company resolved to establish an employer financed retirement benefit

scheme for the benefit of its officers, employees and their wider families, The John King Associates Limited

Employer Financed Retirement Benefit Scheme ("The Scheme").

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2013

and 30 June 2014

892

DEPRECIATION

At 1 July 2013

390

Charge for year

126

At 30 June 2014

516

NET BOOK VALUE

At 30 June 2014

376

At 30 June 2013

502

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

2

Ordinary

£1.00

2

2