Jenks Analytical Support Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: SC296213 (Scotland)

Jenks Analytical Support Limited

Financial Statements For The Year Ended 31 January 2019

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

8

DIRECTOR:

R G Jenks

REGISTERED OFFICE:

Park House Centre

South Street

Elgin

Moray

IV30 1JB

REGISTERED NUMBER:

SC296213 (Scotland)

ACCOUNTANTS:

The Long Partnership

Park House Centre

South Street

Elgin

IV30 1JB

FIXED ASSETS

Tangible assets

4

11,953

15,055

CURRENT ASSETS

Debtors

5

721

9,944

Cash at bank

54,814

39,318

55,535

49,262

CREDITORS

Amounts falling due within one year

6

11,568

17,200

NET CURRENT ASSETS

43,967

32,062

TOTAL ASSETS LESS CURRENT LIABILITIES

55,920

47,117

CREDITORS

Amounts falling due after more than one year

7

(1,741

)

(6,993

)

PROVISIONS FOR LIABILITIES

8

(2,271

)

(2,885

)

NET ASSETS

51,908

37,239

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

10

51,808

37,139

SHAREHOLDERS' FUNDS

51,908

37,239

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 10 April 2019 and were signed by:

R G Jenks - Director

1.	STATUTORY INFORMATION

Jenks Analytical Support Limited is a private company, limited by shares , registered in Scotland. 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

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

value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Equipment

-

25% on reducing balance

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element

of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2018 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Equipment

£

COST

At 1 February 2018

26,132

Additions

788

At 31 January 2019

26,920

DEPRECIATION

At 1 February 2018

11,077

Charge for year

3,890

At 31 January 2019

14,967

NET BOOK VALUE

At 31 January 2019

11,953

At 31 January 2018

15,055

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Equipment

£

COST

At 1 February 2018

and 31 January 2019

22,846

DEPRECIATION

At 1 February 2018

8,942

Charge for year

3,476

At 31 January 2019

12,418

NET BOOK VALUE

At 31 January 2019

10,428

At 31 January 2018

13,904

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.19

31.1.18

£

£

Trade debtors

-

8,953

Other debtors

721

991

721

9,944

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.19

31.1.18

£

£

Hire purchase contracts

5,253

5,253

Taxation and social security

5,338

8,854

Other creditors

977

3,093

11,568

17,200

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.19

31.1.18

£

£

Hire purchase contracts

1,741

6,993

8.	PROVISIONS FOR LIABILITIES

31.1.19

31.1.18

£

£

Deferred tax

2,271

2,885

Deferred

tax

£

Balance at 1 February 2018

2,885

Credit to Income Statement during year

(614

)

Balance at 31 January 2019

2,271

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.19

31.1.18

value:

£

£

100

Ordinary

£1

100

100

10.

RESERVES

Retained

earnings

£

At 1 February 2018

37,139

Profit for the year

20,269

Dividends

(5,600

)

At 31 January 2019

51,808

11.	RELATED PARTY DISCLOSURES

During the year, total dividends of £5,600 (2018 - £8,000) were paid to the director .

R G Jenks

is a director in the company

A interest free loan has been given to the company by the director. No repayment terms have been agreed.

31.1.19

31.1.18

£

£

Amount due to related party at the balance sheet date

191

86

12.	ULTIMATE CONTROLLING PARTY

The controlling party is R G Jenks.

The ultimate controlling party is R G Jenks.

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Jenks Analytical Support Limited for the year ended 31 January 2019 which comprise the Income

Statement, Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Jenks Analytical Support Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Jenks Analytical Support Limited and state those matters that we have agreed to state to the director of Jenks Analytical Support Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Jenks Analytical Support Limited and its director for our work or for this report.

It is your duty to ensure that Jenks Analytical Support Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Jenks Analytical Support Limited. You consider that Jenks Analytical Support Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Jenks Analytical Support Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

The Long Partnership

Park House Centre

South Street

Elgin

IV30 1JB

10 April 2019