J. K. Carpentry & Construction Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06808112

Unaudited Financial Statements

for the Year Ended 29 February 2020

for

J. K. Carpentry & Construction Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J J Kuchczynski

S A C Jordan

Mrs S N Kuchczynski

Mrs M R Jordan

REGISTERED OFFICE:

30/31 St James Place

Mangotsfield

Bristol

South Glos.

BS16 9JB

REGISTERED NUMBER:

06808112

ACCOUNTANTS:

Copson Grandfield

30/31 St James Place

Mangotsfield

Bristol

South Glos.

BS16 9JB

FIXED ASSETS

Tangible assets

4

2,093

2,291

CURRENT ASSETS

Debtors

5

2,097

3,626

Cash at bank

24,390

24,768

26,487

28,394

CREDITORS

Amounts falling due within one year

6

25,722

29,241

NET CURRENT ASSETS/(LIABILITIES)

765

(847

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,858

1,444

PROVISIONS FOR LIABILITIES

7

398

435

NET ASSETS

2,460

1,009

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

2,260

809

SHAREHOLDERS' FUNDS

2,460

1,009

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 February 2021 and were signed on its behalf by:

S A C Jordan - Director

J J Kuchczynski - Director

1.	STATUTORY INFORMATION

J. K. Carpentry & Construction Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2019 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 March 2019

5,726

6,495

3,409

15,630

Additions

233

-

266

499

At 29 February 2020

5,959

6,495

3,675

16,129

DEPRECIATION

At 1 March 2019

5,271

5,773

2,295

13,339

Charge for year

172

180

345

697

At 29 February 2020

5,443

5,953

2,640

14,036

NET BOOK VALUE

At 29 February 2020

516

542

1,035

2,093

At 28 February 2019

455

722

1,114

2,291

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.2.20

28.2.19

£

£

Trade debtors

2,097

3,626

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.2.20

28.2.19

£

£

Trade creditors

1,811

11,404

Taxation and social security

13,841

8,959

Other creditors

10,070

8,878

25,722

29,241

7.	PROVISIONS FOR LIABILITIES

29.2.20

28.2.19

£

£

Deferred tax

398

435

Deferred

tax

£

Balance at 1 March 2019

435

Provided during year

(37

)

Balance at 29 February 2020

398

8.	ULTIMATE CONTROLLING PARTY