J. E. Adams Ltd - Accounts

J. E. Adams Ltd - Accounts

J. E. ADAMS LIMITED - Company Information

Print Friendly Version

2019-04-06 2020-04-05 false Capium Accounts Production 1.1 05536354 bus:AbridgedAccounts 2019-04-06 2020-04-05 05536354 bus:FRS102 2019-04-06 2020-04-05 05536354 bus:AuditExemptWithAccountantsReport 2019-04-06 2020-04-05 05536354 bus:SmallCompaniesRegimeForAccounts 2019-04-06 2020-04-05 05536354 bus:PrivateLimitedCompanyLtd 2019-04-06 2020-04-05 05536354 2019-04-06 2020-04-05 05536354 2020-04-05 05536354 bus:RegisteredOffice 2019-04-06 2020-04-05 05536354 core:WithinOneYear 2020-04-05 05536354 core:AfterOneYear 2020-04-05 05536354 bus:Director1 2019-04-06 2020-04-05 05536354 bus:Director1 2020-04-05 05536354 bus:Director1 2018-04-06 2019-04-05 05536354 2018-04-06 05536354 bus:CompanySecretary1 2019-04-06 2020-04-05 05536354 bus:LeadAgentIfApplicable 2019-04-06 2020-04-05 05536354 2018-04-06 2019-04-05 05536354 2019-04-05 05536354 core:WithinOneYear 2019-04-05 05536354 core:AfterOneYear 2019-04-05 05536354 bus:EntityAccountantsOrAuditors 2018-04-06 2019-04-05 05536354 bus:OrdinaryShareClass1 2019-04-06 2020-04-05 05536354 bus:OrdinaryShareClass1 2020-04-05 05536354 bus:OrdinaryShareClass1 2018-04-06 2019-04-05 05536354 bus:OrdinaryShareClass1 2019-04-05 05536354 core:FurnitureFittings 2019-04-06 2020-04-05 05536354 core:FurnitureFittings 2020-04-05 05536354 core:FurnitureFittings 2019-04-05 05536354 core:ComputerEquipment 2019-04-06 2020-04-05 05536354 core:ComputerEquipment 2020-04-05 05536354 core:ComputerEquipment 2019-04-05 05536354 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2020-04-05 05536354 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2019-04-05 05536354 core:CostValuation core:Non-currentFinancialInstruments 2020-04-05 05536354 core:CostValuation core:Non-currentFinancialInstruments 2019-04-05 05536354 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2020-04-05 05536354 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2020-04-05 05536354 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2020-04-05 05536354 core:Non-currentFinancialInstruments 2020-04-05 05536354 core:Non-currentFinancialInstruments 2019-04-05 05536354 core:ShareCapital 2020-04-05 05536354 core:ShareCapital 2019-04-05 05536354 core:RetainedEarningsAccumulatedLosses 2020-04-05 05536354 core:RetainedEarningsAccumulatedLosses 2019-04-05 05536354 dpl:Item1 2019-04-06 05536354 dpl:Item1 2020-04-05 05536354 dpl:Item1 2018-04-06 05536354 dpl:Item1 2019-04-05 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 05536354
England and Wales

 

 

 

J. E. ADAMS LTD


Amended Abridged Accounts
 


Period of accounts

Start date: 06 April 2019

End date: 05 April 2020

J. E. Adams Ltd
Contents Page
For the year ended 05 April 2020
Accountant’s report
You consider that the company is exempt from an audit for the year ended 05 April 2020 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
SRB Accountancy Limited
05 April 2020



....................................................
SRB Accountancy Limited
Compton Offices
King Edward Street
Ashbourne
Derbyshire
DE6 1BW
05 February 2021
1
 
 		 Notes
 		 2020
£		   2019
£
Fixed assets      
Tangible fixed assets 2 323    387 
323    387 
Current assets      
Stocks 3,670    928 
Debtors: amounts falling due within one year 0    1,168 
Cash at bank and in hand 497    2,599 
4,167    4,695 
Creditors: amount falling due within one year (56,709)   (47,605)
Net current assets (52,542)   (42,910)
 
Total assets less current liabilities (52,219)   (42,523)
Net assets (52,219)   (42,523)
 

Capital and reserves 		     
Called up share capital 3 10    10 
Profit and loss account (52,229)   (42,533)
Shareholders funds (52,219)   (42,523)
 


For the year ended 05 April 2020 the company was entitled to exemption from audit under section 477 of the companies act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476
  2. The directors acknowledge their responsibilities for complying with the requirements of the companies act 2006 with respect to accounting records and the preparation of accounts
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 05 February 2021 and were signed by:


--------------------------------
J E Adams
Director
2
General Information
J. E. Adams Ltd is a private company, limited by shares, registered in England and Wales, registration number 05536354, registration address Compton Offices, King Edward Street, Ashbourne, Derbyshire, DE6 1BW

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared on the going concern basis and under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sale taxes.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: 
Fixtures and Fittings 15% Reducing Balance
Computer Equipment 33% 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. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.

Tangible fixed assets

Cost or valuation Fixtures and Fittings   Computer Equipment   Total
  £   £   £
At 06 April 2019 2,845    704    3,549 
Additions -    -    - 
Disposals -    -    - 
At 05 April 2020 2,845    704    3,549 
Depreciation
At 06 April 2019 2,490    672    3,162 
Charge for year 53    11    64 
On disposals -    -    - 
At 05 April 2020 2,543    683    3,226 
Net book values
Closing balance as at 05 April 2020 302    21    323 
Opening balance as at 06 April 2019 355    32    387 


3.

Share Capital

Allotted, called up and fully paid
2020
£		   2019
£
10 Class A shares of £1.00 each 10    10 
10    10 

4.

Average number of employees

Average number of employees during the year was 1 (2019 : 1)
3