Registered Number 08334660

JAMES MANAGEMENT AND CONSTRUCTION SERVICES LTD

Abbreviated Accounts

30 November 2016

JAMES MANAGEMENT AND CONSTRUCTION SERVICES LTD Registered Number 08334660

Abbreviated Balance Sheet as at 30 November 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 106 158
106 158
Current assets
Cash at bank and in hand 2,127 6,400
2,127 6,400
Creditors: amounts falling due within one year (6,423) (5,649)
Net current assets (liabilities) (4,296) 751
Total assets less current liabilities (4,190) 909
Total net assets (liabilities) (4,190) 909
Capital and reserves
Called up share capital 3 1 1
Profit and loss account (4,191) 908
Shareholders' funds (4,190) 909
  • For the year ending 30 November 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 28 July 2017

And signed on their behalf by:
Mr James Wilson, Director

JAMES MANAGEMENT AND CONSTRUCTION SERVICES LTD Registered Number 08334660

Notes to the Abbreviated Accounts for the period ended 30 November 2016

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Tangible assets depreciation policy
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years

2Tangible fixed assets
£
Cost
At 1 December 2015 262
Additions -
Disposals -
Revaluations -
Transfers -
At 30 November 2016 262
Depreciation
At 1 December 2015 104
Charge for the year 52
On disposals -
At 30 November 2016 156
Net book values
At 30 November 2016 106
At 30 November 2015 158
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
1 Ordinary shares of £1 each 1 1