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

REGISTERED NUMBER: 08054268 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2019

for

Jerrico Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Dr J L McCahill MSc BChD

Mrs S L McCahill

REGISTERED OFFICE:

21, The Point

Rockingham Road

Market Harborough

Leicestershire

LE16 7NU

REGISTERED NUMBER:

08054268 (England and Wales)

ACCOUNTANTS:

Edward Thomas Peirson & Sons

Chartered Accountants

21 The Point

Rockingham Road

Market Harborough

Leicestershire

LE16 7NU

FIXED ASSETS

Tangible assets

5

3,938

6,304

CURRENT ASSETS

Debtors

6

60,172

51,480

Cash at bank and in hand

29,006

42,426

89,178

93,906

CREDITORS

Amounts falling due within one year

7

47,384

54,976

NET CURRENT ASSETS

41,794

38,930

TOTAL ASSETS LESS CURRENT LIABILITIES

45,732

45,234

PROVISIONS FOR LIABILITIES

704

1,186

NET ASSETS

45,028

44,048

CAPITAL AND RESERVES

Called up share capital

8

5

5

Retained earnings

45,023

44,043

SHAREHOLDERS' FUNDS

45,028

44,048

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 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors on 19 December 2019 and were signed on its behalf by:

Dr J L McCahill MSc BChD - Director

1.	STATUTORY INFORMATION

Jerrico 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents the value of services provided in the period where the company has obtained the right to consideration.

The majority or such services are exempt from VAT and, therefore, the company is not VAT registered.

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

-

20% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Pension costs and other post-retirement benefits

The company contributes to the personal pension plans of its directors . Contributions payable for the year are charged in

the profit and loss account.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2018 - 3 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 April 2018

32,665

Additions

2,714

At 31 March 2019

35,379

DEPRECIATION

At 1 April 2018

26,361

Charge for year

5,080

At 31 March 2019

31,441

NET BOOK VALUE

At 31 March 2019

3,938

At 31 March 2018

6,304

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

£

Trade debtors

53,280

44,423

Prepayments and accrued income

6,892

7,057

60,172

51,480

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

£

Business credit card

8

86

Tax and social security

39,434

36,539

Directors' current accounts

4,679

14,167

Accruals and deferred income

3,263

4,184

47,384

54,976

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.19

31.3.18

value:

£

£

5

Ordinary

£1

5

5