Abbreviated Company Accounts - PJ HERON (DRAPERSTOWN) LIMITED

PJ HERON (DRAPERSTOWN) LIMITED - Company Information

R0000355 PJ HERON (DRAPERSTOWN) LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true R0000355 2013-04-01 2014-03-31 R0000355 2014-03-31 R0000355 2013-03-31 R0000355 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 R0000355 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number R0000355

PJ HERON (DRAPERSTOWN) LIMITED

Abbreviated Accounts

31 March 2014

PJ HERON (DRAPERSTOWN) LIMITED Registered Number R0000355

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	1,455,306	1,646,631
Investments	3	52,250	-
		1,507,556	1,646,631
Current assets
Stocks		31,460	31,548
Debtors		250,480	241,008
Cash at bank and in hand		281,133	121,682
		563,073	394,238
Creditors: amounts falling due within one year		(29,864)	(53,756)
Net current assets (liabilities)		533,209	340,482
Total assets less current liabilities		2,040,765	1,987,113
Total net assets (liabilities)		2,040,765	1,987,113
Capital and reserves
Called up share capital	4	1,258,344	1,258,344
Profit and loss account		782,421	728,769
Shareholders' funds		2,040,765	1,987,113

For the year ending 31 March 2014 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 19 December 2014

And signed on their behalf by:
D Heron, Director

PJ HERON (DRAPERSTOWN) LIMITED Registered Number R0000355

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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 include investment properties at valuation. Other tangible fixed assets other than freehold land 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:

Fixtures, fittings and equipment - 15% at cost

2Tangible fixed assets

	£
Cost
At 1 April 2013	1,868,215
Additions	-
Disposals	(110,600)
Revaluations	(226,530)
Transfers	(52,250)
At 31 March 2014	1,478,835
Depreciation
At 1 April 2013	221,584
Charge for the year	455
On disposals	(198,510)
At 31 March 2014	23,529
Net book values
At 31 March 2014	1,455,306
At 31 March 2013	1,646,631

3Fixed assets Investments
Fixed asset investments are stated at cost less provision for diminution in value.

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1,258,344 Ordinary shares of £1 each	1,258,344	1,258,344