Jsr Drywall Ltd - Accounts to registrar (filleted) - small 18.2
Jsr Drywall Ltd - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 30 September 2020 |
| for |
| Jsr Drywall Ltd |
| Jsr Drywall Ltd (Registered number: 07387688) |
| Contents of the Financial Statements |
| for the Year Ended 30 September 2020 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Jsr Drywall Ltd |
| Company Information |
| for the Year Ended 30 September 2020 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Thatcher House |
| 12 Mount Ephraim |
| Tunbridge Wells |
| Kent |
| TN4 8AS |
| Jsr Drywall Ltd (Registered number: 07387688) |
| Balance Sheet |
| 30 September 2020 |
| 2020 | 2019 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Stocks | 4 |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 7 | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 8 |
| Retained earnings | 9 |
| SHAREHOLDERS' FUNDS |
| 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. |
| Jsr Drywall Ltd (Registered number: 07387688) |
| Balance Sheet - continued |
| 30 September 2020 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| Jsr Drywall Ltd (Registered number: 07387688) |
| Notes to the Financial Statements |
| for the Year Ended 30 September 2020 |
| 1. | ACCOUNTING POLICIES |
| BASIS OF PREPARING THE FINANCIAL STATEMENTS |
| 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 |
| Plant and machinery | - |
| Fixtures and fittings | - |
| STOCKS |
| Work in progress is valued at the lower of cost and net realisable value. |
| Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition. |
| DEFERRED TAX |
| Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the balance sheet date as this is considered to be immaterial. |
| 2. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2019 - NIL). |
| 3. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Plant and | and |
| machinery | fittings | Totals |
| £ | £ | £ |
| COST |
| At 1 October 2019 |
| Additions |
| At 30 September 2020 |
| DEPRECIATION |
| At 1 October 2019 |
| Charge for year |
| At 30 September 2020 |
| NET BOOK VALUE |
| At 30 September 2020 |
| At 30 September 2019 |
| Jsr Drywall Ltd (Registered number: 07387688) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 September 2020 |
| 4. | STOCKS |
| 2020 | 2019 |
| £ | £ |
| Work-in-progress |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2020 | 2019 |
| £ | £ |
| VAT |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2020 | 2019 |
| £ | £ |
| Trade creditors |
| Amounts owed to group undertakings |
| Corporation tax |
| CIS | 2,717 | (1,050 | ) |
| Directors' current accounts | 724,130 | 900 |
| Accrued expenses |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2020 | 2019 |
| £ | £ |
| Bank loans - 2-5 years |
| Bank loans more 5 yr by instal |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Bank loans more 5 yr by instal | 7,033 | - |
| 8. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2020 | 2019 |
| value: | £ | £ |
| Ordinary | £1 | 200 | 200 |
| Jsr Drywall Ltd (Registered number: 07387688) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 September 2020 |
| 9. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1 October 2019 |
| Profit for the year |
| At 30 September 2020 |
| 10. | RELATED PARTY DISCLOSURES |
| During the year the Company received goods and services totalling £15,224 (2019 £Nil)) from Dry |
| Construction Limited. |
| The Director, Mr J Rivett has a majority shareholding in this Company. |
| At the year end the Company was owed £Nil (2019 £Nil) by Dry Construction Limited and owed £56,229 |
| (2019 £31,229) to Dry Construction Limited... |
| 11. | POST BALANCE SHEET EVENTS |
| Since the year end, the Coronavirus (COVID-19) has emerged globally resulting in a significant impact on |
| businesses worldwide. As a result some business operations have been restricted, however the company |
| continues to operate using alternative methods and remote working. The directors are unable to evaluate the |
| overall financial impact on the business at present. Hence financial statements do not include any adjustments |
| that might result from the outcome of this uncertainty. The directors are continuing to monitor, assess and act to |
| the current changing environment in order to position the company to ensure its future success |
| 12. | ULTIMATE CONTROLLING PARTY |
| The ultimate controlling party is |