Jmr Property Maintenance Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04374872 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2019

for

Jmr Property Maintenance Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J M Ruiz

REGISTERED OFFICE:

10 English Business Park

English Close

Hove

East Sussex

BN3 7ET

REGISTERED NUMBER:

04374872 (England and Wales)

ACCOUNTANTS:

AJ Wheeler Limited

Trading as TBD Hove

338 London Road

Portsmouth

Hampshire

PO2 9JY

FIXED ASSETS

Tangible assets

4

62,792

42,744

CURRENT ASSETS

Stocks

5,000

5,000

Debtors

5

27,319

39,436

Cash at bank

93,909

68,485

126,228

112,921

CREDITORS

Amounts falling due within one year

6

72,288

80,145

NET CURRENT ASSETS

53,940

32,776

TOTAL ASSETS LESS CURRENT LIABILITIES

116,732

75,520

PROVISIONS FOR LIABILITIES

9,309

8,221

NET ASSETS

107,423

67,299

CAPITAL AND RESERVES

Called up share capital

150

150

Retained earnings

107,273

67,149

107,423

67,299

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 28 November 2019 and were signed by:

J M Ruiz - Director

1.	STATUTORY INFORMATION

Jmr Property Maintenance 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 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 etc

-

25% on reducing balance and 15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and

slow moving items.

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 5 (2018 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 March 2018

60,587

Additions

36,876

Disposals

(4,126

)

At 28 February 2019

93,337

DEPRECIATION

At 1 March 2018

17,843

Charge for year

14,528

Eliminated on disposal

(1,826

)

At 28 February 2019

30,545

NET BOOK VALUE

At 28 February 2019

62,792

At 28 February 2018

42,744

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

21,775

37,620

Other debtors

5,544

1,816

27,319

39,436

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Hire purchase contracts

-

7,900

Trade creditors

23,752

22,179

Taxation and social security

48,536

41,701

Other creditors

-

8,365

72,288

80,145

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The Director has received an advance from the company during the year.

As at the balance sheet date the value of this loan amounted to £4044 Debtor (£8364 Creditor 2018)