Company Registration No. 04851194 (England and Wales)
A & J PROJECT MANAGEMENT LIMITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2016
A & J PROJECT MANAGEMENT LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
A & J PROJECT MANAGEMENT LIMITED
ABBREVIATED BALANCE SHEET
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
700
1,230
Current assets
Debtors
12,405
18,768
Cash at bank and in hand
43,126
58,879
55,531
77,647
Creditors: amounts falling due within one year
(16,605)
(9,230)
Net current assets
38,926
68,417
Total assets less current liabilities
39,626
69,647
Capital and reserves
Called up share capital
3
1
1
Profit and loss account
39,625
69,646
Shareholders' funds
39,626
69,647
For the financial year ended 31 July 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 16 March 2017
Mrs M A Rowland
Director
Company Registration No. 04851194
A & J PROJECT MANAGEMENT LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
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:
Plant and machinery
33.33% Straight Line
Fixtures, fittings & equipment
25% Reducing Balance
Motor vehicles
25% Straight Line
1.5
Pensions
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the year they are payable.
2
Fixed assets
Tangible assets
£
Cost
At 1 August 2015
10,172
Additions
160
At 31 July 2016
10,332
Depreciation
At 1 August 2015
8,942
Charge for the year
690
At 31 July 2016
9,632
Net book value
At 31 July 2016
700
At 31 July 2015
1,230
A & J PROJECT MANAGEMENT LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2016
- 3 -
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
1 Ordinary of £1 each
1
1
4
Ultimate parent company
The ultimate controlling party is M Rowland, who is a director of the company.