Johnston & Johnston Limited
|
Registered number: |
04403357
|
Abbreviated Balance Sheet |
as at 31 August 2015
|
|
Notes |
|
|
2015 |
|
|
2014 |
£ |
£ |
Fixed Assets |
Tangible Assets |
3 |
|
|
1,959 |
|
|
1,341 |
|
Current Assets |
Stock & Work-in-Progress |
|
|
950 |
|
|
2,138 |
Debtors |
|
|
14,916 |
|
|
16,302 |
Bank and Cash |
|
|
33,855 |
|
|
35,311 |
|
|
|
49,721 |
|
|
53,751 |
|
Creditors: Due Within One Year |
|
|
(24,218) |
|
|
(23,284) |
|
Net Current Assets |
|
|
|
25,503 |
|
|
30,467 |
|
Net Assets |
|
|
|
27,462 |
|
|
31,808 |
|
|
|
|
|
|
|
|
Capital and Reserves |
Called up Share Capital |
4 |
|
|
100 |
|
|
100 |
Profit and Loss Account |
|
|
|
27,362 |
|
|
31,708 |
|
Shareholders' Funds |
|
|
|
27,462 |
|
|
31,808 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
|
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 provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
|
|
|
___________________ |
Laura Fell |
Director |
Approved by the board on 24 May 2016
|
|
Johnston & Johnston Limited
|
Notes to the Abbreviated Accounts |
for the year ended 31 August 2015
|
|
1 |
Accounting Policies |
|
|
Basis of Preparation |
|
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 |
|
Turnover represents the value, net of value added tax and discounts, of services provided to customers.
|
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Fixtures Fittings & Equipment |
25% reducing balance
|
|
Leasehold Land & Buildings |
straight line over 7.5 years
|
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
2 |
Intangible Fixed Assets |
£ |
|
|
Cost |
|
At 1 September 2014 |
6,008 |
|
At 31 August 2015 |
6,008 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 September 2014 |
6,008 |
|
At 31 August 2015 |
6,008 |
|
|
|
|
|
|
|
|
Net Book Values |
|
At 31 August 2015 |
- |
|
|
|
|
|
|
|
|
3 |
Tangible Fixed Assets |
£ |
|
|
Cost |
|
At 1 September 2014 |
11,425 |
|
Additions |
1,271 |
|
At 31 August 2015 |
12,696 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 September 2014 |
10,084 |
|
Charge for the year |
653 |
|
At 31 August 2015 |
10,737 |
|
|
|
|
|
|
|
|
Net Book Values |
|
At 31 August 2015 |
1,959 |
|
At 31 August 2014 |
1,341 |
|
|
|
|
|
|
|
|
4 |
Share Capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
value |
Number |
£ |
£ |
|
Allotted, Called up and Fully Paid: |
|
Ordinary Shares
|
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|
|
|
5 |
Related Party Transactions |
|
|
Laura Fell |
|
Director and shareholder |
|
Laura owns 100% of the issued ordinary share capital in the Company. |
|
Dividends paid to Laura in the year |
30,000 |
|
30,000 |