J. J. MOSS & SONS LIMITED - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05250397 (England and Wales)

Unaudited Financial Statements

for the Period 1 April 2019 to 30 April 2020

for

J. J. MOSS & SONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Cox

W Saunders

SECRETARY:

R Fallows

REGISTERED OFFICE:

Unit 2 Acacia Business Centre

Howard Road

Leytonstone

London

E11 3PJ

REGISTERED NUMBER:

05250397 (England and Wales)

FIXED ASSETS

Tangible assets

4

7,038

9,198

CURRENT ASSETS

Stocks

42,980

41,330

Debtors

5

32,480

57,760

Cash at bank and in hand

20,492

14,484

95,952

113,574

CREDITORS

Amounts falling due within one year

6

20,632

25,286

NET CURRENT ASSETS

75,320

88,288

TOTAL ASSETS LESS CURRENT LIABILITIES

82,358

97,486

CREDITORS

Amounts falling due after more than one year

7

40,000

40,000

NET ASSETS

42,358

57,486

CAPITAL AND RESERVES

Called up share capital

8

3

3

Retained earnings

42,355

57,483

SHAREHOLDERS' FUNDS

42,358

57,486

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

The members have not required the company to obtain an audit of its financial statements for the period 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 28 November 2020 and were signed on its behalf by:

M Cox - Director

1.	STATUTORY INFORMATION

J. J. MOSS & SONS 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 represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

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

Equipment

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

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 period 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 period 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 (2019 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Equipment

vehicles

Totals

£

£

£

COST

At 1 April 2019

10,900

17,300

28,200

Disposals

-

(2,300

)

(2,300

)

At 30 April 2020

10,900

15,000

25,900

DEPRECIATION

At 1 April 2019

8,362

10,640

19,002

Charge for period

508

1,252

1,760

Eliminated on disposal

-

(1,900

)

(1,900

)

At 30 April 2020

8,870

9,992

18,862

NET BOOK VALUE

At 30 April 2020

2,030

5,008

7,038

At 31 March 2019

2,538

6,660

9,198

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.20

31.3.19

£

£

Trade debtors

31,960

52,940

Prepayments

520

4,820

32,480

57,760

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.20

31.3.19

£

£

Creditors and accruals

3,742

11,629

Social security and other taxes

111

2,801

VAT

6,839

916

Directors' current accounts

9,940

9,940

20,632

25,286

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.20

31.3.19

£

£

Directors' loan accounts

40,000

40,000

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.20

31.3.19

value:

£

£

3

Ordinary

£1

3

3

9.	ULTIMATE CONTROLLING PARTY