Company Registration No. 07022381 (England and Wales)
J & C COACHES LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2015
J & C COACHES LIMITED
CONTENTS
Page
Abbreviated balance sheet
1 - 2
Notes to the abbreviated accounts
3 - 4
J & C COACHES LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 DECEMBER 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Intangible assets
2
32,000
40,000
Tangible assets
2
150,348
137,782
182,348
177,782
Current assets
Stocks
475
475
Debtors
24,543
34,536
Cash at bank and in hand
21,015
40,097
46,033
75,108
Creditors: amounts falling due within one year
(83,833)
(171,619)
Net current liabilities
(37,800)
(96,511)
Total assets less current liabilities
144,548
81,271
Creditors: amounts falling due after more than one year
(51,846)
-
92,702
81,271
Capital and reserves
Called up share capital
3
250
250
Profit and loss account
92,452
81,021
Shareholders'  funds
92,702
81,271
J & C COACHES LIMITED
ABBREVIATED BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2015
- 2 -
For the financial year ended 31 December 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 13 April 2016
Mr Neville Jones
Director
Company Registration No. 07022381
J & C COACHES LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2015
- 3 -
1
Accounting policies
1.1
Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Goodwill
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.
1.5
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Plant and machinery
Reducing Balance 15%
Computer equipment
Straight Line 25%
Fixtures, fittings & equipment
Reducing Balance 20%
Motor vehicles
Reducing Balance 25%
2
Fixed assets
Intangible assets
Tangible assets
Total
£
£
£
Cost
At 1 January 2015
80,000
310,041
390,041
Additions
-
43,500
43,500
Disposals
-
(8,500)
(8,500)
At 31 December 2015
80,000
345,041
425,041
Depreciation
At 1 January 2015
40,000
172,259
212,259
On disposals
-
(3,098)
(3,098)
Charge for the year
8,000
25,532
33,532
At 31 December 2015
48,000
194,693
242,693
Net book value
At 31 December 2015
32,000
150,348
182,348
At 31 December 2014
40,000
137,782
177,782
J & C COACHES LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2015
- 4 -
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
100 Ordinary Shares of £1 each
100
100
50 A Ordinary Shares of £1 each
50
150
50 B Ordinary Shares of £1 each
50
-
50 C Ordinary Shares of £1 each
50
-
250
250
2015-12-312015-01-01falsetruetruetruetruetruetmpAC4F.html2016-04-13070223812015-01-012015-12-31070223812015-12-31070223812014-12-31070223812014-12-3107022381uk-bus:Director32015-01-012015-12-3107022381uk-gaap:PlantMachinery2015-01-012015-12-3107022381uk-gaap:ComputerEquipment2015-01-012015-12-3107022381uk-gaap:FixturesFittingsToolsEquipment2015-01-012015-12-3107022381uk-gaap:MotorVehicles2015-01-012015-12-3107022381uk-bus:OrdinaryShareClass12015-01-012015-12-3107022381uk-bus:OrdinaryShareClass22015-01-012015-12-3107022381uk-bus:OrdinaryShareClass32015-01-012015-12-3107022381uk-bus:PreferenceShareClass12015-01-012015-12-3107022381uk-bus:OrdinaryShareClass12015-12-3107022381uk-bus:OrdinaryShareClass22015-12-3107022381uk-bus:OrdinaryShareClass32015-12-3107022381uk-bus:PreferenceShareClass12015-12-3107022381uk-bus:OrdinaryShareClass12014-12-3107022381uk-bus:OrdinaryShareClass22014-12-31xbrli:purexbrli:sharesiso4217:GBP

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