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ROBERT JONES ART LIMITED




Company Registration Number:
05549748 (England and Wales)



Abbreviated (Unaudited) Accounts



Period of accounts


Start date: 01st April 2009

End date: 31st March 2010

SUBMITTED

ROBERT JONES ART LIMITED

Company Information
for the Period Ended
31st March 2010




Director: R Jones
Registered office: Bodriggy Farm
Sea Lane
Hayle
Cornwall
TR27 4LQ
Company Registration Number: 05549748 (England and Wales)

ROBERT JONES ART LIMITED

Abbreviated Balance sheet
As at 31st March 2010

Notes 2010
£
2009
£
Fixed assets
Tangible assets: 2 126 148
Total fixed assets: 126 148
Current assets
Stocks: 500 500
Cash at bank and in hand: 867 1,003
Total current assets: 1,367 1,503
Creditors
Creditors: amounts falling due within one year 2,816 2,918
Net current assets (liabilities): ( 1,449 ) ( 1,415 )
Total assets less current liabilities: ( 1,323 ) ( 1,267 )
Total net assets (liabilities): ( 1,323 ) ( 1,267 )

The notes form part of these financial statements

ROBERT JONES ART LIMITED

Abbreviated Balance sheet
As at 31st March 2010
continued

Notes 2010
£
2009
£
Capital and reserves
Called up share capital: 3 1 1
Profit and Loss account: ( 1,324 ) ( 1,268 )
Total shareholders funds: ( 1,323 ) ( 1,267 )

For the year ending 31 March 2010 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

The financial statements were approved by the Board of Directors on 30 November 2010

SIGNED ON BEHALF OF THE BOARD BY:

Name: R Jones
Status: Director

The notes form part of these financial statements

ROBERT JONES ART LIMITED

Notes to the Abbreviated Accounts
for the Period Ended
31st March 2010

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

    Turnover policy

    The turnover shown in the profit and loss account represents revenue earned during the period, exclusive of VAT.

    Tangible fixed assets depreciation policy

    Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life. Freehold buildings - 2% on cost or revlaued amounts. Plant and machinery - 10% on cost

    Valuation information and policy

    Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

  • 2. Tangible assets

    Total
    Cost £
    At 01st April 2009: 236
    At 31st March 2010: 236
    Depreciation
    At 01st April 2009: 88
    Charge for year: 22
    At 31st March 2010: 110
    Net book value
    At 31st March 2010: 126
    At 31st March 2009: 148

  • 3. Called up share capital

    Allotted, called up and paid

    Previous period 2009
    Class Number of shares Nominal value per share Total
    Ordinary shares: 1 1 1
    Total share capital: 1
    Current period 2010
    Class Number of shares Nominal value per share Total
    Ordinary shares: 1 1 1
    Total share capital: 1