J.H. Greenwood & Company Limited - Accounts to registrar (filleted) - small 18.2

J.H. Greenwood & Company Limited - Accounts to registrar (filleted) - small 18.2

J.H. GREENWOOD & COMPANY LIMITED - Company Information

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REGISTERED NUMBER: 05599199 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2019

FOR

J.H. GREENWOOD & COMPANY LIMITED
J.H. GREENWOOD & COMPANY LIMITED (REGISTERED NUMBER: 05599199)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2019




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


J.H. GREENWOOD & COMPANY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2019







DIRECTORS: J H Greenwood FCA
M Mcleman ACA, CTA, ATT
G J Greenwood ACA CTA ATT
Mrs G O'Dea CA





REGISTERED OFFICE: Ava Lodge, Castle Terrace
Berwick Upon Tweed
Northumberland
TD15 1NP





REGISTERED NUMBER: 05599199 (England and Wales)





Page 1
J.H. GREENWOOD & COMPANY LIMITED (REGISTERED NUMBER: 05599199)

ABRIDGED BALANCE SHEET
31 MARCH 2019

2019 2018
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 223,105 227,500
Tangible assets 5 7,731 -
230,836 227,500

CURRENT ASSETS
Debtors 467,560 382,993
Cash at bank and in hand 175,123 135,354
642,683 518,347
CREDITORS
Amounts falling due within one year 267,624 193,804
NET CURRENT ASSETS 375,059 324,543
TOTAL ASSETS LESS CURRENT
LIABILITIES
605,895
552,043

CAPITAL AND RESERVES
Called up share capital 1,200 1,200
Retained earnings 604,695 550,843
SHAREHOLDERS' FUNDS 605,895 552,043

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 notes form part of these financial statements

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J.H. GREENWOOD & COMPANY LIMITED (REGISTERED NUMBER: 05599199)

ABRIDGED BALANCE SHEET - continued
31 MARCH 2019


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Profit & Loss Account and an abridged Balance Sheet for the year ended 31 March 2019 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors on 10 November 2019 and were signed on its behalf
by:





M Mcleman ACA, CTA, ATT - Director


The notes form part of these financial statements

Page 3
J.H. GREENWOOD & COMPANY LIMITED (REGISTERED NUMBER: 05599199)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2019

1. STATUTORY INFORMATION

J.H. Greenwood & Company 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 is being amortised evenly over it's estimated useful life of 10 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 - Straight line over 4 years
Computer equipment - Straight line over 4 years

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 18 (2018 - 17 ) .

Page 4 continued...
J.H. GREENWOOD & COMPANY LIMITED (REGISTERED NUMBER: 05599199)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2019

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2018 600,000
Additions 26,425
At 31 March 2019 626,425
AMORTISATION
At 1 April 2018 372,500
Amortisation for year 30,820
At 31 March 2019 403,320
NET BOOK VALUE

At 31 March 2019 223,105
At 31 March 2018 227,500

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2018 77,425
Additions 9,761
Disposals (71,747 )
At 31 March 2019 15,439
DEPRECIATION
At 1 April 2018 77,425
Charge for year 2,030
Eliminated on disposal (71,747 )
At 31 March 2019 7,708
NET BOOK VALUE
At 31 March 2019 7,731
At 31 March 2018 -

Page 5