J R Linton Tech Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08746826 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021

FOR

J R LINTON TECH LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J R Linton

SECRETARY:

REGISTERED OFFICE:

1 Northumberland Avenue

Trafalgar Square

London

WC2N 5BW

REGISTERED NUMBER:

08746826 (England and Wales)

ACCOUNTANTS:

K S Goring & Co Chartered Accountants

222 Upper Richmond Road West

London

SW14 8AH

FIXED ASSETS

Tangible assets

4

10,953

14,906

CURRENT ASSETS

Stocks

190,129

113,749

Debtors

5

120,019

62,971

Prepayments and accrued income

4,200

4,200

Cash at bank and in hand

28,896

56,074

343,244

236,994

CREDITORS

Amounts falling due within one year

6

122,265

101,485

NET CURRENT ASSETS

220,979

135,509

TOTAL ASSETS LESS CURRENT LIABILITIES

231,932

150,415

CREDITORS

Amounts falling due after more than one year

7

150,000

50,000

NET ASSETS

81,932

100,415

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

81,832

100,315

81,932

100,415

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2021 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.

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

The financial statements were approved by the director and authorised for issue on 31 March 2022 and were signed by:

J R Linton - Director

1.	STATUTORY INFORMATION

J R Linton Tech Ltd 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

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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2020 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2020

49,759

Additions

4,667

At 30 June 2021

54,426

DEPRECIATION

At 1 July 2020

34,853

Charge for year

8,620

At 30 June 2021

43,473

NET BOOK VALUE

At 30 June 2021

10,953

At 30 June 2020

14,906

5.

DEBTORS

2021

2020

£

£

Amounts falling due within one year:

Trade debtors

100,017

41,207

Other debtors

14,978

7,345

114,995

48,552

Amounts falling due after more than one year:

Other debtors

5,024

14,419

Aggregate amounts

120,019

62,971

Other debtors more than 1 year are Interest due on loans to be charged to profit/loss accounts over the length of the various loan terms.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade creditors

54,063

13,305

Taxation and social security

23,994

17,198

Other creditors

44,208

70,982

122,265

101,485

Other creditors include various loans. Some of the loans are personally guaranteed by the directors.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2021

2020

£

£

Bank loans

150,000

50,000

Amounts falling due in more than five years:

Repayable by instalments

Bounceback Loan

50,000

50,000

8.	RELATED PARTY DISCLOSURES

9.	ULTIMATE CONTROLLING PARTY

The controlling party is J R Linton.

The ultimate controlling party is J R Linton.