J.H. Marshall (Pressings) Limited Filleted accounts for Companies House (small and micro)
J.H. Marshall (Pressings) Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
06449449
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Abridged Statement of Financial Position |
2020 |
2019 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
5 |
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Current assets
Stocks |
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Debtors |
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Cash at bank and in hand |
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--------- |
--------- |
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Creditors: amounts falling due within one year |
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--------- |
--------- |
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Net current assets |
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--------- |
--------- |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
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Provisions
Taxation including deferred tax |
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--------- |
--------- |
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Net assets |
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--------- |
--------- |
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Capital and reserves
Called up share capital |
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Profit and loss account |
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--------- |
-------- |
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Shareholder funds |
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--------- |
-------- |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Directors' responsibilities:
-
The member has not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
.
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Abridged Statement of Financial Position (continued) |
These abridged financial statements were approved by the
board of directors
and authorised for issue on
13 August 2020
, and are signed on behalf of the board by:
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Director |
Company registration number:
06449449
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Notes to the Abridged Financial Statements |
Year ended 31 March 2020
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Stadium Works, Sedgley Street, Wolverhampton, West Midlands, WV2 3AJ.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
Income tax
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery |
- |
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Fixtures |
- |
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Motor vehicles |
- |
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Impairment of fixed assets
Stocks
Provisions
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.
Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
8
(2019:
9
).
5.
Tangible assets
£ |
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Cost |
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At 1 April 2019 |
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Additions |
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Disposals |
(
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--------- |
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At 31 March 2020 |
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--------- |
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Depreciation |
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At 1 April 2019 |
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Charge for the year |
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Disposals |
(
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--------- |
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At 31 March 2020 |
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--------- |
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Carrying amount |
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At 31 March 2020 |
95,961 |
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At 31 March 2019 |
89,532 |
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6.
Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2020 |
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Balance brought forward |
Advances/ (credits) to the directors |
Balance outstanding |
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£ |
£ |
£ |
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(
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(
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(
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------- |
------- |
-------- |
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2019 |
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Balance brought forward |
Advances/ (credits) to the directors |
Balance outstanding |
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£ |
£ |
£ |
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(
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(
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-------- |
-------- |
------- |
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7.
Related party transactions
The company was under the control of J H Marshall (Holdings) Limited throughout the current and previous year, owning 100% of the issued share capital.
Mrs J Marshall
is a director and has the beneficial interest in the shareholding J H Marshall (Holdings) Limited.
8.
Controlling party