| Jake Swinhoe Ltd - T/A Riverford Home Delivery |
| Registered number: |
06502183 |
| Balance Sheet |
| as at 30 April 2019 |
|
| Notes |
|
|
2019 |
|
|
2018 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
19,816 |
|
|
9,731 |
|
| Current assets |
| Debtors |
4 |
|
44,434 |
|
|
47,897 |
| Cash at bank and in hand |
|
|
40,640 |
|
|
21,366 |
|
|
|
85,074 |
|
|
69,263 |
|
| Creditors: amounts falling due within one year |
5 |
|
(51,316) |
|
|
(44,792) |
|
| Net current assets |
|
|
|
33,758 |
|
|
24,471 |
|
| Total assets less current liabilities |
|
|
|
53,574 |
|
|
34,202 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(3,953) |
|
|
- |
|
|
|
| Net assets |
|
|
|
49,621 |
|
|
34,202 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
1 |
|
|
1 |
| Profit and loss account |
|
|
|
49,620 |
|
|
34,201 |
|
| Shareholders' funds |
|
|
|
49,621 |
|
|
34,202 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Mr. J W Swinhoe |
| Director |
| Approved by the board on 6 January 2020 |
|
| Jake Swinhoe Ltd - T/A Riverford Home Delivery |
| Notes to the Accounts |
| for the year ended 30 April 2019 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Intangible fixed assets |
|
Intangible fixed assets are measured at cost less cumulative amortisation and any cumulative impairment losses. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less cumulative depreciation and any cumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Plant and machinery |
33% reducing balance |
|
Fixtures and fittings |
10% reducing balance |
|
Computer equipment |
33% reducing balance |
|
Motor vehicles |
25% straight line |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. |
|
|
| 2 |
Intangible fixed assets |
£ |
|
Goodwill: |
|
|
Cost |
|
At 1 May 2018 |
37,750 |
|
At 30 April 2019 |
37,750 |
|
|
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 May 2018 |
37,750 |
|
At 30 April 2019 |
37,750 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 April 2019 |
- |
|
|
|
|
|
|
|
|
|
|
Goodwill is being written off in equal annual instalments over its estimated economic life of 10 years. |
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
Plant and machinery etc |
|
Motor vehicles |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 May 2018 |
22,463 |
|
- |
|
22,463 |
|
Additions |
1,346 |
|
10,990 |
|
12,336 |
|
At 30 April 2019 |
23,809 |
|
10,990 |
|
34,799 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 May 2018 |
12,732 |
|
- |
|
12,732 |
|
Charge for the year |
1,564 |
|
687 |
|
2,251 |
|
At 30 April 2019 |
14,296 |
|
687 |
|
14,983 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 April 2019 |
9,513 |
|
10,303 |
|
19,816 |
|
At 30 April 2018 |
9,731 |
|
- |
|
9,731 |
|
|
| 4 |
Debtors |
2019 |
|
2018 |
| £ |
£ |
|
|
Other debtors |
44,434 |
|
47,897 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2019 |
|
2018 |
| £ |
£ |
|
|
Obligations under finance lease and hire purchase contracts |
2,063 |
|
- |
|
Trade creditors |
50,327 |
|
38,446 |
|
Corporation tax |
9,358 |
|
9,982 |
|
Other taxes and social security costs |
(2,707) |
|
(2,952) |
|
Other creditors |
(7,725) |
|
(684) |
|
|
|
|
|
|
51,316 |
|
44,792 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2019 |
|
2018 |
| £ |
£ |
|
|
Obligations under finance lease and hire purchase contracts |
3,953 |
|
- |
|
|
|
|
|
|
|
|
|
|
| 7 |
Other information |
|
|
Jake Swinhoe Ltd - T/A Riverford Home Delivery is a private company limited by shares and incorporated in England. Its registered office is: |
|
38 Kennington Road |
|
Kennington |
|
Oxford |
|
Oxfordshire |
|
OX1 5PB |
