Joinerysoft Limited - Accounts to registrar (filleted) - small 18.2

Joinerysoft Limited - Accounts to registrar (filleted) - small 18.2

JOINERYSOFT LIMITED - Company Information

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REGISTERED NUMBER: 05823833 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2018

for

Joinerysoft Limited
Joinerysoft Limited (Registered number: 05823833)






Contents of the Financial Statements
for the Year Ended 31 December 2018




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Joinerysoft Limited

Company Information
for the Year Ended 31 December 2018







DIRECTORS: A J Turner
D P Turner
T W Turner
I M Jones





REGISTERED OFFICE: The Island House
Midsomer Norton
Radstock
Somerset
BA3 2DZ





REGISTERED NUMBER: 05823833 (England and Wales)





ACCOUNTANTS: King Watkins Ltd
The Island House
Midsomer Norton
Radstock
Somerset
BA3 2DZ
Page 1
Joinerysoft Limited (Registered number: 05823833)

Abridged Balance Sheet
31 December 2018

31.12.18 31.12.17
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 161,460 160,972
161,460 160,972

CURRENT ASSETS
Debtors 306,001 280,839
Cash at bank and in hand 28,535 71,566
334,536 352,405
CREDITORS
Amounts falling due within one year 322,040 318,922
NET CURRENT ASSETS 12,496 33,483
TOTAL ASSETS LESS CURRENT LIABILITIES 173,956 194,455

CREDITORS
Amounts falling due after more than one year 91,211 40,836
NET ASSETS 82,745 153,619

CAPITAL AND RESERVES
Called up share capital 1,063 1,132
Share premium 424,390 455,225
Retained earnings (342,708 ) (302,738 )
SHAREHOLDERS' FUNDS 82,745 153,619

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 notes form part of these financial statements

Page 2 continued...
Joinerysoft Limited (Registered number: 05823833)

Abridged Balance Sheet - continued
31 December 2018


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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2018 in accordance with Section 444(2A) of the Companies Act 2006.

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 3 June 2019 and were signed on its behalf by:





A J Turner - Director


The notes form part of these financial statements

Page 3
Joinerysoft Limited (Registered number: 05823833)

Notes to the Financial Statements
for the Year Ended 31 December 2018

1. STATUTORY INFORMATION

Joinerysoft 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and
any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 17 (2017 - 18 ) .

Page 4 continued...
Joinerysoft Limited (Registered number: 05823833)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2018

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2018
and 31 December 2018 67,000
AMORTISATION
At 1 January 2018
and 31 December 2018 67,000
NET BOOK VALUE

At 31 December 2018 -
At 31 December 2017 -

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2018 199,357
Additions 4,663
At 31 December 2018 204,020
DEPRECIATION
At 1 January 2018 38,385
Charge for year 4,175
At 31 December 2018 42,560
NET BOOK VALUE
At 31 December 2018 161,460
At 31 December 2017 160,972

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at 31 December 2018 the company owed directors £11,511 (2017: £2,576)

7. RELATED PARTY DISCLOSURES

Mr A Turner, Mr T Turner and Mr D Turner are also Directors of Somcom Ltd.

As at 31 December 2018 Somcom owed Joinerysoft £0 (2017: £0).

As at 31 December 2018 Joinerysoft owed Somcom £91,211 (2017: £40,836).

The company trades from premises owned by the directors and paid rent of £38,219 during the year.

8. ULTIMATE CONTROLLING PARTY

The company is not under the control of any one individual.

Page 5