J H INSTALLS LTD - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08244021 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2019

for

J H Installs Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

7

DIRECTOR:

J D Hoole

SECRETARY:

Mrs A E Hoole

REGISTERED OFFICE:

29 Redwood

Westhoughton

Bolton

Lancashire

BL5 2RU

REGISTERED NUMBER:

08244021 (England and Wales)

ACCOUNTANTS:

C J Roberts & Partners Limited

160 Elliott Street

Tyldesley

Lancashire

M29 8DS

FIXED ASSETS

Tangible assets

4

16,459

17,952

CURRENT ASSETS

Stocks

1,000

1,000

Debtors

5

19,634

14,696

Cash at bank

7,955

5,604

28,589

21,300

CREDITORS

Amounts falling due within one year

6

25,953

18,624

NET CURRENT ASSETS

2,636

2,676

TOTAL ASSETS LESS CURRENT LIABILITIES

19,095

20,628

CREDITORS

Amounts falling due after more than one year

7

(1,579

)

(3,769

)

PROVISIONS FOR LIABILITIES

(3,127

)

(3,411

)

NET ASSETS

14,389

13,448

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

14,289

13,348

SHAREHOLDERS' FUNDS

14,389

13,448

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 6 February 2020 and were signed by:

J D Hoole - Director

1.	STATUTORY INFORMATION

J H Installs 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 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 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 the cost less estimated residual value of each asset over its estimated useful life.

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.

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 4 (2018 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2018

27,133

Additions

15,795

Disposals

(15,833

)

At 31 October 2019

27,095

DEPRECIATION

At 1 November 2018

9,181

Charge for year

5,413

Eliminated on disposal

(3,958

)

At 31 October 2019

10,636

NET BOOK VALUE

At 31 October 2019

16,459

At 31 October 2018

17,952

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.19

31.10.18

£

£

Trade debtors

19,634

14,696

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.19

31.10.18

£

£

Bank loans and overdrafts

2,436

2,436

Taxation and social security

22,488

15,016

Other creditors

1,029

1,172

25,953

18,624

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.19

31.10.18

£

£

Bank loans

1,579

3,769

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2019 and

31 October 2018:

31.10.19

31.10.18

£

£

J D Hoole

Balance outstanding at start of year

(216

)

(5,031

)

Amounts advanced

179

4,815

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(37

)

(216

)

9.	RELATED PARTY DISCLOSURES

During the year, total dividends of £53,600 (2018 - £14,000) were paid to the director .

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J D Hoole.

The following reproduces the text of the report prepared for the director 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 Director 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 J H Installs Ltd for the year ended 31 October 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of J H Installs Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of J H Installs Ltd and state those matters that we have agreed to state to the director of J H Installs Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that J H Installs 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 J H Installs Ltd. You consider that J H Installs 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 J H Installs 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.

C J Roberts & Partners Limited

160 Elliott Street

Tyldesley

Lancashire

M29 8DS

18 February 2020