J_W_BARROW_TANKER_SPECIAL - Accounts

JWB ESTATE SERVICES LIMITED - Company Information

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Company Registration No. 02154452 (England and Wales)

J W BARROW TANKER SPECIALISTS LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2015

J W BARROW TANKER SPECIALISTS LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

J W BARROW TANKER SPECIALISTS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2015

- 1 -

2015

2014

Notes

Fixed assets

Investments

6,000

Current assets

Debtors

Net current assets

Total assets less current liabilities

6,002

6,000

Capital and reserves

Called up share capital

3,002

6,000

Other reserves

3,000

Shareholders' funds

6,002

6,000

For the financial year ended 31 March 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 6 July 2015

Mr. P J Barrow

Director

Company Registration No. 02154452

J W BARROW TANKER SPECIALISTS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

1.4

Group accounts

The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise a small-sized group. The company has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.

Fixed assets

Investments

Cost

At 1 April 2014 & at 31 March 2015

6,000

At 31 March 2014

6,000

Holdings of more than 20%

The company holds more than 20% of the share capital of the following companies:

Company

Country of registration or

Shares held

incorporation

Class

Subsidiary undertakings

J W Barrow

England and Wales

Ordinary A and B

100.00

The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:

Capital and reserves

Profit/(loss) for the year

2015

Principal activity

J W Barrow

Tanker Trailer Hire

1,300,980

431,369

J W BARROW TANKER SPECIALISTS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2015

- 3 -

Share capital

2015

2014

Allotted, called up and fully paid

350 Ordinary A shares of £1 each

350

700

2,650 Ordinary B shares of £1 each

2,650

5,300

2 X ordinary shares of £1 each

3,002

6,000

During the year the company purchased 350 of its own ordinary A shares and 2,650 of its own ordinary B shares for total consideration of £1,105,498.

The company issued 2 X ordinary shares of £1 each at par on 18 November 2014. The X ordinary shares do not have any voting or dividend rights but are entitled to an equity share if the company is sold for more than £2m within three years of the date of issue. If the company is not sold in this period then the shares will be redeemed at par on 18 November 2017.