Registration number:
trading as
Unaudited Abbreviated Accounts
for the Year Ended
J N Coxhead Ltd
trading as J N Coxhead
Contents
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J N Coxhead Ltd
trading as J N Coxhead
(Registration number: 05584339)
Abbreviated Balance Sheet at 31 March 2016
Note |
2016
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2015
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Fixed assets |
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Intangible fixed assets |
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Tangible fixed assets |
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Current assets |
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Stocks |
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Debtors |
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Creditors: Amounts falling due within one year |
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( |
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Net current liabilities |
( |
( |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
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( |
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Net liabilities |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Shareholders' deficit |
( |
( |
Approved by the director on
1
J N Coxhead Ltd
trading as J N Coxhead
(Registration number: 05584339)
Abbreviated Balance Sheet at 31 March 2016
......... continued
.........................................
Mr Jason Nicholas Coxhead
Director
2
J N Coxhead Ltd
trading as J N Coxhead
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued
Accounting policies |
Basis of preparation
Going concern
The bank has agreed to support the company for a minimum period of 12 months from the balance sheet date and the director has agred to only seek repayment of his loan to the company as and when funds permit. improvements to the general profitability of the compnay have been made and the director is working hard to further improve profitability of the business.
Turnover
Goodwill
Positive goodwill is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful economic life. It is reviewed for impairment at the end of the first full financial year following the acquisition and in other periods if events or changes in circumstances indicate that the carrying value may not be recoverable.
Amortisation
Amortisation is provided on intangible fixed assets so as to write off the cost, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Amortisation method and rate |
Goodwill |
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Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Depreciation method and rate |
Plant and machinery |
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Motor vehicles |
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Fixtures and Fittings |
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Office equipment |
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Land and Buildings |
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Stock
J N Coxhead Ltd
trading as J N Coxhead
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued
Hire purchase and leasing
Financial instruments
Fixed assets |
Intangible assets
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Tangible assets
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Total
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Cost |
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At 1 April 2015 |
38,500 |
163,964 |
202,464 |
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Additions |
- |
11,120 |
11,120 |
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At 31 March 2016 |
38,500 |
175,084 |
213,584 |
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Depreciation |
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At 1 April 2015 |
5,390 |
27,452 |
32,842 |
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Charge for the year |
1,925 |
16,158 |
18,083 |
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At 31 March 2016 |
7,315 |
43,610 |
50,925 |
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Net book value |
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At 31 March 2016 |
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At 31 March 2015 |
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Creditors |
Creditors includes the following liabilities, on which security has been given by the company:
2016
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2015
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Amounts falling due within one year |
24,472 |
22,151 |
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Amounts falling due after more than one year |
144,933 |
154,271 |
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Total secured creditors |
169,405 |
176,422 |
J N Coxhead Ltd
trading as J N Coxhead
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued
Included in the creditors are the following amounts due after more than five years:
2016
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2015
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After more than five years by instalments |
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Share capital |
Allotted, called up and fully paid shares
2016 |
2015 |
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No. |
£ |
No. |
£ |
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