J. Reynolds (Western) Limited - Limited company - abbreviated

REGISTERED NUMBER: 01925634 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

FOR

J. REYNOLDS (WESTERN) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

J Reynolds

SECRETARY:

Mrs D M Fussell

REGISTERED OFFICE:

124 High Street

Midsomer Norton

Bath

Avon

BA3 2DA

REGISTERED NUMBER:

01925634 (England and Wales)

ACCOUNTANTS:

Pethericks & Gillard Limited

Chartered Accountants

124 High Street

Midsomer Norton

Bath

BA3 2DA

FIXED ASSETS

Tangible assets

2

9,382

12,011

CURRENT ASSETS

Stocks

27,719

15,225

Debtors

169,536

119,462

Investments

15,000

Cash at bank

383

43,777

212,638

193,464

CREDITORS

Amounts falling due within one year

89,977

78,527

NET CURRENT ASSETS

122,661

114,937

TOTAL ASSETS LESS CURRENT
LIABILITIES

132,043

126,948

PROVISIONS FOR LIABILITIES

1,089

1,440

NET ASSETS

130,954

125,508

CAPITAL AND RESERVES

Called up share capital

3

10,000

Profit and loss account

120,954

115,508

SHAREHOLDERS' FUNDS

130,954

125,508

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 December 2014 and were signed by:

J Reynolds - 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 building and construction work, 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.

Improvements to property

-

10% on reducing balance

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

15% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance

for obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

89,097

DEPRECIATION

At 1 April 2013

77,086

Charge for year

2,629

At 31 March 2014

79,715

NET BOOK VALUE

At 31 March 2014

9,382

At 31 March 2013

12,011

3.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2014

2013

value:

£

10,000

Ordinary

£1

10,000

J. Reynolds (Western) Limited - Limited company - abbreviated - 11.6

J. Reynolds (Western) Limited - Limited company - abbreviated - 11.6