Registered Number 05600039
H E JONES (BUILDERS) LIMITED
Abbreviated Accounts
31 October 2014
Notes | 2014 | 2013 | |
---|---|---|---|
£ | £ | ||
Fixed assets | |||
Intangible assets | 2 |
|
|
Tangible assets | 3 |
|
|
|
|
||
Current assets | |||
Stocks |
|
|
|
Debtors |
|
|
|
Cash at bank and in hand |
|
|
|
|
|
||
Creditors: amounts falling due within one year |
( |
( |
|
Net current assets (liabilities) |
|
|
|
Total assets less current liabilities |
|
|
|
Total net assets (liabilities) |
|
|
|
Capital and reserves | |||
Called up share capital | 4 |
|
|
Profit and loss account |
|
|
|
Shareholders' funds |
|
|
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
Plant and machinery - 20% reducing balance
Fixtures, fittings and equipment - 20% reducing balance
Motor Vehicles - 20% reducing balance
Intangible assets amortisation policy
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of 10 years.
Other accounting policies
Work in progress is valued at the lower of cost and net realisable value.
Long term contracts
Amounts recoverable on long term contracts, which are included in debtors are stated at the net sales value of the work done after provision for contingencies and anticipated future losses on contracts, less amounts received as progress payments on account. Excess progress payments are included in creditors as payments received on account.
£ | |
---|---|
Cost | |
At 1 November 2013 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 31 October 2014 |
|
Amortisation | |
At 1 November 2013 |
|
Charge for the year |
|
On disposals |
|
At 31 October 2014 |
|
Net book values | |
At 31 October 2014 | 12,000 |
At 31 October 2013 | 18,000 |
£ | |
---|---|
Cost | |
At 1 November 2013 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 31 October 2014 |
|
Depreciation | |
At 1 November 2013 |
|
Charge for the year |
|
On disposals |
|
At 31 October 2014 |
|
Net book values | |
At 31 October 2014 | 22,887 |
At 31 October 2013 | 28,608 |