JPL Holdings Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06401874

Unaudited Financial Statements

for the Year Ended 28 February 2019

for

JPL Holdings Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J R Clarke

SECRETARY:

Mrs E E Clarke

REGISTERED OFFICE:

1 Church Close Business Park

Church Close

Todber

Sturminster Newton

Dorset

DT10 1JH

REGISTERED NUMBER:

06401874

ACCOUNTANTS:

Advoco

Chartered Certified Accountants

Chartered Tax Advisers

14a Albany Road

Weymouth

Dorset

DT4 9TH

CURRENT ASSETS

Debtors

3

1,570,338

1,522,398

Investments

4

602

702

Cash at bank

3,744

395,861

1,574,684

1,918,961

CREDITORS

Amounts falling due within one year

5

136,992

481,969

NET CURRENT ASSETS

1,437,692

1,436,992

TOTAL ASSETS LESS CURRENT LIABILITIES

1,437,692

1,436,992

CAPITAL AND RESERVES

Called up share capital

6

100

100

Retained earnings

7

1,437,592

1,436,892

SHAREHOLDERS' FUNDS

1,437,692

1,436,992

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 applicable to companies subject to the small companies regime.

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 31 October 2019 and were signed by:

J R Clarke - Director

1.	STATUTORY INFORMATION

JPL Holdings Ltd is a private company, limited by shares , registered in Not specified/Other. 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.

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.

3.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Amounts owed by group undertakings

1,519,906

1,507,298

Other debtors

50,432

15,100

1,570,338

1,522,398

4.	CURRENT ASSET INVESTMENTS

2019

2018

£

£

Shares in group undertakings

602

702

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Amounts owed to group undertakings

136,979

481,969

Tax

13

-

136,992

481,969

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2019

2018

value:

£

£

100

Ordinary

£1

100

100

7.

RESERVES

Retained

earnings

£

At 1 March 2018

1,436,892

Profit for the year

174,475

Dividends

(173,775

)

At 28 February 2019

1,437,592

8.	ULTIMATE CONTROLLING PARTY

The controlling party is J R Clarke.

The ultimate controlling party is Mrs E E Clarke.