James Campbell Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 00464866 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2018

for

James Campbell Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D J Campbell

J S Campbell

F M Campbell

L H Campbell

SECRETARY:

F M Campbell

REGISTERED OFFICE:

St Wulstans

Church Lane

Tibberton

Droitwich

Worcestershire

WR9 7NW

REGISTERED NUMBER:

00464866 (England and Wales)

ACCOUNTANTS:

Rachael Hart Chartered Accountant

3 Evelench Barns

Evelench Lane

Tibberton

Worcestershire

WR9 7NY

FIXED ASSETS

Investment property

4

375,000

375,000

CURRENT ASSETS

Cash in hand

26,215

34,840

CREDITORS

Amounts falling due within one year

5

11,446

11,749

NET CURRENT ASSETS

14,769

23,091

TOTAL ASSETS LESS CURRENT LIABILITIES

389,769

398,091

PROVISIONS FOR LIABILITIES

11,851

11,851

NET ASSETS

377,918

386,240

CAPITAL AND RESERVES

Called up share capital

5,000

5,000

Fair value reserve

6

308,219

308,219

Retained earnings

64,699

73,021

SHAREHOLDERS' FUNDS

377,918

386,240

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 27 March 2019 and were signed on its behalf by:

D J Campbell - Director

1.	STATUTORY INFORMATION

James Campbell Ltd is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value

added tax and other sales taxes.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair

value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the

extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will

be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2018

and 31 December 2018

375,000

NET BOOK VALUE

At 31 December 2018

375,000

At 31 December 2017

375,000

Fair value at 31 December 2018 is represented by:

£

Valuation in 2016

375,000

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.18

31.12.17

£

£

Taxation and social security

3,326

3,629

Other creditors

8,120

8,120

11,446

11,749

6.

RESERVES

Fair

value

reserve

£

At 1 January 2018

and 31 December 2018

308,219