Cuff Jones Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07256650 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2019

for

Cuff Jones Ltd

Page

Chartered Accountants' Report

1

Balance Sheet

2

Notes to the Financial Statements

3

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Cuff Jones Ltd for the year ended 31 March 2019 which comprise the Income Statement,

Balance Sheet and the related notes from the company's accounting records and from information and explanations you

have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Cuff Jones Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Cuff Jones Ltd and state those matters that we have agreed to state to the Board of Directors of Cuff Jones Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cuff Jones Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Cuff Jones Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Cuff Jones Ltd. You consider that Cuff Jones Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Cuff Jones Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Haggards Crowther Professional Services LLP

Chartered Accountants

2nd Floor, Heathmans House

19 Heathmans Road

London

SW6 4TJ

20 December 2019

FIXED ASSETS

Tangible assets

4

4,368

1,571

CURRENT ASSETS

Debtors

5

96,630

33,700

Cash at bank

244,986

371,377

341,616

405,077

CREDITORS

Amounts falling due within one year

6

58,606

148,457

NET CURRENT ASSETS

283,010

256,620

TOTAL ASSETS LESS CURRENT LIABILITIES

287,378

258,191

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

287,377

258,190

SHAREHOLDERS' FUNDS

287,378

258,191

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 20 December 2019 and were signed on its behalf by:

Ms S V Idwal-Jones - Director

1.	STATUTORY INFORMATION

Cuff Jones Ltd is a private company, limited by shares, registered in England and Wales. The company's

registered number is 07256650 and its registered address is 1 Fore Street, London, England, EC2Y 9DT.

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.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and

assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and

are based on experience and other factors, including expectations of future events that are believed to be

reasonable under the circumstances. In the opinion of the directors there are no judgements or key sources of

estimation uncertainty that affect the preparation of the financial statements.

Turnover

Turnover is stated net of VAT. Turnover represents the value of services provided under contracts to the extent

that there is a right to consideration and is recorded at the value of the consideration due. Where a contract has

only been partially completed at the balance sheet date, turnover represents the value of the services provided

to date based on a proportion of the total contract value. Where payments are received from customers in

advance of services provided, the amounts are recorded as Deferred Income and included as part of Creditors

due within one year.

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

-

33% on cost and 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.

Pension costs and other post-retirement benefits

The company makes payments to a defined contribution pension scheme. Contributions payable to the pension

scheme are charged to profit or loss in the period to which they relate.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual

arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any

contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2018

1,914

3,611

5,525

Additions

5,036

-

5,036

At 31 March 2019

6,950

3,611

10,561

DEPRECIATION

At 1 April 2018

989

2,965

3,954

Charge for year

1,737

502

2,239

At 31 March 2019

2,726

3,467

6,193

NET BOOK VALUE

At 31 March 2019

4,224

144

4,368

At 31 March 2018

925

646

1,571

5.

DEBTORS

31.3.19

31.3.18

£

£

Amounts falling due within one year:

Trade debtors

89,349

1,853

Other debtors

7,281

16,648

96,630

18,501

Amounts falling due after more than one year:

Other debtors

-

15,199

Aggregate amounts

96,630

33,700

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

£

Trade creditors

-

398

Taxation and social security

57,482

58,569

Other creditors

1,124

89,490

58,606

148,457

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end the directors' owe the company £2,510, which is shown in Other debtors (2018: (£8,529) - shown

in Other creditors). The outstanding balance is unsecured, not subject to interest and payable on demand.