G & T Jackson Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09392719 (England and Wales)

Financial Statements for the Year Ended 31 January 2019

for

G & T Jackson Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G S Jackson

T R Jackson

REGISTERED OFFICE:

1C Amberside

Wood Lane

Hemel Hempstead

Hertfordshire

HP2 4TP

REGISTERED NUMBER:

09392719 (England and Wales)

ACCOUNTANTS:

Farrell & Co

1C Amberside

Wood Lane

Hemel Hempstead

Hertfordshire

HP2 4TP

FIXED ASSETS

Tangible assets

4

13,419

17,893

CURRENT ASSETS

Debtors

5

41,916

45,767

Cash at bank

3,977

6,325

45,893

52,092

CREDITORS

Amounts falling due within one year

6

44,288

48,459

NET CURRENT ASSETS

1,605

3,633

TOTAL ASSETS LESS CURRENT LIABILITIES

15,024

21,526

CREDITORS

Amounts falling due after more than one year

7

(11,761

)

(17,752

)

PROVISIONS FOR LIABILITIES

(2,200

)

(2,999

)

NET ASSETS

1,063

775

CAPITAL AND RESERVES

Called up share capital

8

101

101

Retained earnings

9

962

674

SHAREHOLDERS' FUNDS

1,063

775

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 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 14 June 2019 and were signed on its behalf by:

G S Jackson - Director

T R Jackson - Director

1.	STATUTORY INFORMATION

G & T Jackson Limited 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 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.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

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 20 (2018 - 20 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 February 2018

and 31 January 2019

4,214

28,577

32,791

DEPRECIATION

At 1 February 2018

2,396

12,502

14,898

Charge for year

455

4,019

4,474

At 31 January 2019

2,851

16,521

19,372

NET BOOK VALUE

At 31 January 2019

1,363

12,056

13,419

At 31 January 2018

1,818

16,075

17,893

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.19

31.1.18

£

£

Trade debtors

28,698

26,114

Other debtors

13,218

19,653

41,916

45,767

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.19

31.1.18

£

£

Bank loans and overdrafts

45

1

Hire purchase contracts

5,991

5,701

Trade creditors

4,685

3,409

Taxation and social security

30,740

36,558

Other creditors

2,827

2,790

44,288

48,459

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.19

31.1.18

£

£

Hire purchase contracts

11,761

17,752

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.19

31.1.18

value:

£

£

100

Ordinary

£1

100

100

1

Ordinary B

£1

1

1

101

101

9.

RESERVES

Retained

earnings

£

At 1 February 2018

674

Profit for the year

61,288

Dividends

(61,000

)

At 31 January 2019

962

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2019 and

31 January 2018:

31.1.19

31.1.18

£

£

G S Jackson

Balance outstanding at start of year

-

-

Amounts advanced

6,609

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

6,609

-

T R Jackson

Balance outstanding at start of year

-

-

Amounts advanced

6,609

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

6,609

-