For the year ended 31 May 2015
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 06254838
Notes to the Abbreviated Financial Statements
|
JUNIPER MANTON LIMITED
For the year ended 31 May 2015
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
|
Turnover represents the sales value of goods and services provided, less returns and allowances.
In the opinion of the Directors, having considered the liability method, there is no material tax liability which could crystallise in the foreseeable future.
|
Acquired goodwill is stated at cost less amortisation
.
Amortisation is calculated on a straight line basis over the
|
estimated expected useful economic life of the goodwill of
10
years
.
|
Depreciation is provided to write off fixed assets over their estimated useful lives, at the following annual rates: Equipment …………………….. 25% on Written Down Value Fixtures and Fittings .……….. 25% on Written Down Value In accordance with FRS 15 and the Companies Act 2006 all tangible assets are to be depreciated. Although the freehold building has not been depreciated the Directors do regular impairment reviews.
|
2
Intangible fixed assets
|
50,000
50,000
15,577
5,000
Charge for year
20,577
29,423
34,423
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Notes to the Abbreviated Financial Statements
|
JUNIPER MANTON LIMITED
For the year ended 31 May 2015
416,789
416,789
59,822
10,331
Charge for year
70,153
346,636
356,967
2015
4
Creditors
:
amounts falling due within one year
|
2014
9,600
9,500
Bank loans and overdrafts (secured)
2014
2015
5
Creditors due after more than one year
|
295,057
304,758
Bank loans and overdrafts (secured)
The Bank loan is from Santander UK Plc and is secured on the following
:
|
a
)
First legal charge over the freehold property Castlerea House
,
18
Hope Street
,
Higher Broughton
,
Salford
,
M
7
|
2
ES
|
b
)
First
,
fixed and floating charge on all the assets of the Company
|
c
)
Personal guarantee of Mrs L Priest and Dr B Priest limited to £
340
,
875
|
Within one year
................................
9
,
600 9
,
500
|
Between one and five years
..............
40
,
000 40
,
000
|
In five years or more
.........................
255
,
057 264
,
758
|
Allotted called up and fully paid
|
2015
2014
100
Ordinary shares of £
1
.
00
each
|
100
100
100
100
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