Company Registration No. 04207605 (England and Wales)
JOHN GEORGE LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2016
JOHN GEORGE LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
JOHN GEORGE LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 SEPTEMBER 2016
30 September 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
340,348
464,217
Current assets
Debtors
48,671
68,089
Cash at bank and in hand
49,195
44,619
97,866
112,708
Creditors: amounts falling due within one year
(87,364)
(238,606)
Net current assets/(liabilities)
10,502
(125,898)
Total assets less current liabilities
350,850
338,319
Creditors: amounts falling due after more than one year
3
(264,632)
(306,646)
86,218
31,673
Capital and reserves
Called up share capital
4
3
3
Profit and loss account
86,215
31,670
Shareholders' funds
86,218
31,673
For the financial period ended 30 September 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 period 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 21 June 2017
Mr K Bradbury
Director
Company Registration No. 04207605
JOHN GEORGE LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD ENDED 30 SEPTEMBER 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 , which excludes value added tax, represents rental income which is charged on a straight line basis over the period of the lease.
, which excludes value added tax, represents rental income which is charged on a straight line basis over the period of the lease.
1.4
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
1.5
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.
2
Fixed assets
Tangible assets
£
Cost
At 1 May 2015
464,217
Disposals
(123,869)
At 30 September 2016
340,348
At 30 April 2015
464,217
3
Creditors: amounts falling due after more than one year
2016
2015
£
£
Analysis of loans repayable in more than five years
Total amounts repayable by instalments which are due in more than five years
135,324
181,529
The aggregate amount of creditors for which security has been given amounted to £296,248 (2015 - £335,025).
JOHN GEORGE LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE PERIOD ENDED 30 SEPTEMBER 2016
- 3 -
4
Share capital
2016
2015
£
£
Allotted, called up and fully paid
3 Ordinary A of £1 each
3
3