R & J Carpentry Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05893483 (England and Wales)

Financial Statements for the Year Ended 31 August 2020

for

R & J Carpentry Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

R G Wakefield

SECRETARY:

Miss J Wakefield

REGISTERED OFFICE:

18 Wyndham Road

Newbury

Berkshire

RG14 2NJ

REGISTERED NUMBER:

05893483 (England and Wales)

ACCOUNTANTS:

Accounting & Taxation Centre BTD

36 Queens Road

Newbury

Berkshire

RG14 7NE

FIXED ASSETS

Property, plant and equipment

4

111

149

CURRENT ASSETS

Cash at bank

46,475

31,192

CREDITORS

Amounts falling due within one year

24,061

14,626

NET CURRENT ASSETS

22,414

16,566

TOTAL ASSETS LESS CURRENT LIABILITIES

22,525

16,715

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

22,425

16,615

SHAREHOLDERS' FUNDS

22,525

16,715

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 31 August 2020 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 May 2021 and were signed by:

R G Wakefield - Director

1.	STATUTORY INFORMATION

R & J Carpentry 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

Revenue 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 etc

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 NIL (2019 - NIL).

4.	PROPERTY, PLANT AND EQUIPMENT

Totals

£

COST

At 1 September 2019

and 31 August 2020

3,870

DEPRECIATION

At 1 September 2019

3,721

Charge for year

38

At 31 August 2020

3,759

NET BOOK VALUE

At 31 August 2020

111

At 31 August 2019

149