J Digby Partnership Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04404345 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2020

for

J. Digby Partnership Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs A Digby

J Digby

SECRETARY:

Mrs A Digby

REGISTERED OFFICE:

First Floor

29 St Augustine's Parade

Bristol

BS1 4UL

REGISTERED NUMBER:

04404345 (England and Wales)

ACCOUNTANTS:

Moore

First Floor

29 St Augustine's Parade

Bristol

BS1 4UL

FIXED ASSETS

Tangible assets

4

804

407

CURRENT ASSETS

Debtors

5

15,545

14,045

Cash at bank

71,647

5,351

87,192

19,396

CREDITORS

Amounts falling due within one year

6

49,373

19,446

NET CURRENT ASSETS/(LIABILITIES)

37,819

(50

)

TOTAL ASSETS LESS CURRENT LIABILITIES

38,623

357

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

38,523

257

38,623

357

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2020 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 and authorised for issue on 17 August 2020 and were signed on its behalf by:

J Digby - Director

1.	STATUTORY INFORMATION

J. Digby Partnership 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 2 (2019 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2019

4,138

Additions

666

At 30 April 2020

4,804

DEPRECIATION

At 1 May 2019

3,731

Charge for year

269

At 30 April 2020

4,000

NET BOOK VALUE

At 30 April 2020

804

At 30 April 2019

407

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.20

30.4.19

£

£

Trade debtors

15,545

7,993

Amounts owed by connected parties

-

6,052

15,545

14,045

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.20

30.4.19

£

£

Trade creditors

-

1,980

Taxation and social security

44,611

11,082

Other creditors

4,762

6,384

49,373

19,446

7.	RELATED PARTY DISCLOSURES

At the year end, the company owed the directors the following amounts:

2020 - £1,252 (2019 - £2,503)

These amounts are interest-free, and are disclosed within other creditors in the accounts.