Company Registration No. 04633043 (England and Wales)
J.P. ELECTRICAL & MECHANICAL SERVICES LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2014
J.P. ELECTRICAL & MECHANICAL SERVICES LIMITED
CONTENTS
Page
Abbreviated balance sheet
1 - 2
Notes to the abbreviated accounts
3
J.P. ELECTRICAL & MECHANICAL SERVICES LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2014
31 March 2014
- 1 -
2014
2013
Notes
£
£
£
£
Fixed assets
Intangible assets
2
1,000
Tangible assets
2
1,621
2,038
1,621
3,038
Current assets
Stocks
250
250
Debtors
11,033
10,836
Cash at bank and in hand
22,493
16,384
33,776
27,470
Creditors: amounts falling due within one year
(26,938)
(26,244)
Net current assets
6,838
1,226
Total assets less current liabilities
8,459
4,264
Provisions for liabilities
(142)
(185)
8,317
4,079
Capital and reserves
Called up share capital
3
18
18
Profit and loss account
8,299
4,061
Shareholders' funds
8,317
4,079
J.P. ELECTRICAL & MECHANICAL SERVICES LIMITED
ABBREVIATED BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2014
31 March 2014
- 2 -
For the financial year ended 31 March 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges his 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 19 December 2014
Mr P A Currier
Director
Company Registration No. 04633043
J.P. ELECTRICAL & MECHANICAL SERVICES LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2014
- 3 -
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 April 2008).
1.2
Turnover
Turnover represents amounts receivable for goods and services.
1.3
Goodwill
Acquired goodwill is to be written off in equal annual instalments over its estimated useful economic life.
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
15% Reducing balance
Computer equipment
25% straight line
Motor vehicles
25% Reducing balance
2
Fixed assets
Intangible assets
Tangible assets
Total
£
£
£
Cost
At 1 April 2013 & at 31 March 2014
10,000
9,831
19,831
Depreciation
At 1 April 2013
9,000
7,793
16,793
Charge for the year
1,000
417
1,417
At 31 March 2014
10,000
8,210
18,210
Net book value
At 31 March 2014
1,621
1,621
At 31 March 2013
1,000
2,038
3,038
3
Share capital
2014
2013
£
£
Allotted, called up and fully paid
18 Ordinary Shares of £1 each
18
18