REGISTERED NUMBER: 07337527 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31st August 2016

for

A & H Jones (Butchers) Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Andrew Jones

Mrs Heather Ann Jones

SECRETARY:

Mrs Heather Ann Jones

REGISTERED OFFICE:

Roughlyn

Sandford Road

Aylburton

Lydney

Gloucestershire

GL15 6DP

REGISTERED NUMBER:

07337527 (England and Wales)

ACCOUNTANTS:

Hadcroft Associates Ltd

Hadcroft

Aston Magna

Moreton in Marsh

Gloucestershire

GL56 9QQ

FIXED ASSETS

Intangible assets

2

80,000

100,000

Tangible assets

3

190,768

60,970

Investment property

4

98,000

-

368,768

160,970

CURRENT ASSETS

Stocks

9,853

7,586

Debtors

5,146

2,943

Cash at bank and in hand

62,270

113,995

77,269

124,524

CREDITORS

Amounts falling due within one year

99,168

94,938

NET CURRENT (LIABILITIES)/ASSETS

(21,899

)

29,586

TOTAL ASSETS LESS CURRENT LIABILITIES

346,869

190,556

CREDITORS

Amounts falling due after more than one year

5

(246,361

)

(110,000

)

PROVISIONS FOR LIABILITIES

(6,427

)

(7,149

)

NET ASSETS

94,081

73,407

CAPITAL AND RESERVES

Called up share capital

6

100

100

Profit and loss account

93,981

73,307

SHAREHOLDERS' FUNDS

94,081

73,407

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 5th December 2016 and were signed on its behalf by:

Andrew Jones - 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 January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of fifteen years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

5% on cost and 2% on cost

Plant and machinery etc

-

25% on reducing balance and 20% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

market value is transferred to a revaluation reserve.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1st September 2015

and 31st August 2016

150,000

AMORTISATION

At 1st September 2015

50,000

Amortisation for year

20,000

At 31st August 2016

70,000

NET BOOK VALUE

At 31st August 2016

80,000

At 31st August 2015

100,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st September 2015

127,905

Additions

166,609

Disposals

(33,634

)

At 31st August 2016

260,880

DEPRECIATION

At 1st September 2015

66,935

Charge for year

11,587

Eliminated on disposal

(8,410

)

At 31st August 2016

70,112

NET BOOK VALUE

At 31st August 2016

190,768

At 31st August 2015

60,970

4.	INVESTMENT PROPERTY

Total

£

COST

Additions

100,000

At 31st August 2016

100,000

DEPRECIATION

Charge for year

2,000

At 31st August 2016

2,000

NET BOOK VALUE

At 31st August 2016

98,000

5.

CREDITORS

Creditors include the following debts falling due in more than five years:

2016

2015

£

£

Repayable otherwise than by instalments

110,000

110,000

Repayable by instalments

81,465

-

191,465

110,000

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

100

Ordinary

£1

100

100