Registered Number 00931708
J.A. WOODROFFE LIMITED
Abbreviated Accounts
31 March 2015
Notes | 2015 | 2014 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Investments | 3 |
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Current assets | |||
Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year | 4 |
( |
( |
Net current assets (liabilities) |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year | 4 |
( |
( |
Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 5 |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Leasehold property improvements - 10% straight-line
Plant, fittings and equipment - 20% reducing balance
Motor car - 25% reducing balance
Computer equipment - 33% reducing balance
Other accounting policies
These are stated at directors valuation which is based on the lower of cost and net realisable value.
Leased assets:
Tangible fixed assets financed by leasing agreements that give rights approximating to ownership ("finance leases") are capitalised, and the outstanding lease instalments are shown under creditors. Depreciation on such assets, which is calculated on the above basis, and the interest element of the leasing payments are charged to revenue, as are the charges arising under operating leases.
£ | |
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Cost | |
At 1 April 2014 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 March 2015 |
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Depreciation | |
At 1 April 2014 |
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Charge for the year |
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On disposals |
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At 31 March 2015 |
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Net book values | |
At 31 March 2015 | 44,684 |
At 31 March 2014 | 53,011 |
3
Fixed assets Investments
2015
£ |
2014
£ |
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Secured Debts |
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