Micro-entity Accounts - A & K JONES & COMPANY LIMITED

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Registered Number 06017854

A & K JONES & COMPANY LIMITED

Micro-entity Accounts

31 December 2016

A & K JONES & COMPANY LIMITED Registered Number 06017854

Micro-entity Balance Sheet as at 31 December 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	1	75,275	75,275
Tangible assets	2	18,277	23,012
		93,552	98,287
Current assets
Stocks		3,864	10,174
Debtors		15,575	16,854
Cash at bank and in hand		36,661	15,371
		56,100	42,399
Creditors: amounts falling due within one year		(15,612)	(14,341)
Net current assets (liabilities)		40,488	28,058
Total assets less current liabilities		134,040	126,345
Creditors: amounts falling due after more than one year		(10,397)	(13,521)
Total net assets (liabilities)		123,643	112,824
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		123,543	112,724
Shareholders' funds		123,643	112,824

For the year ending 31 December 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 18 September 2017

And signed on their behalf by:
Alan Jones, Director

A & K JONES & COMPANY LIMITED Registered Number 06017854

Notes to the Micro-entity Accounts for the period ended 31 December 2016

1Intangible fixed assets

	£
Cost
At 1 January 2016	75,275
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2016	75,275
Amortisation
At 1 January 2016	-
Charge for the year	-
On disposals	-
At 31 December 2016	-
Net book values
At 31 December 2016	75,275
At 31 December 2015	75,275

2Tangible fixed assets

	£
Cost
At 1 January 2016	41,012
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2016	41,012
Depreciation
At 1 January 2016	18,000
Charge for the year	4,735
On disposals	-
At 31 December 2016	22,735
Net book values
At 31 December 2016	18,277
At 31 December 2015	23,012

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100

4Accounting 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 the invoiced amount of goods sold and services provided and is stated net of Value added Tax

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives

Office Equipment 25% reducing balance
Motor Vehicles 20% reducing balance