S H Jenkins Ltd - Accounts to registrar (filleted) - small 18.2
S H Jenkins Ltd - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MAY 2021 |
| FOR |
| S H JENKINS LTD |
| S H JENKINS LTD (REGISTERED NUMBER: 01818692) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the Year Ended 31 May 2021 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 4 |
| S H JENKINS LTD |
| COMPANY INFORMATION |
| for the Year Ended 31 May 2021 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Douglas Bank House |
| Wigan Lane |
| Wigan |
| Lancashire |
| WN1 2TB |
| S H JENKINS LTD (REGISTERED NUMBER: 01818692) |
| STATEMENT OF FINANCIAL POSITION |
| 31 May 2021 |
| 2021 | 2020 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 6 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Other reserves |
| Retained earnings |
| 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. |
| S H JENKINS LTD (REGISTERED NUMBER: 01818692) |
| STATEMENT OF FINANCIAL POSITION - continued |
| 31 May 2021 |
| 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 |
| S H JENKINS LTD (REGISTERED NUMBER: 01818692) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the Year Ended 31 May 2021 |
| 1. | STATUTORY INFORMATION |
| S H Jenkins Ltd is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | STATEMENT OF COMPLIANCE |
| 3. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents amounts invoiced, excluding value added tax, in respect of the sale of goods to customers. |
| Tangible fixed assets |
| Freehold property | - |
| Plant and machinery | - |
| Motor vehicles | - |
| Government grants |
| Government grants received in respect of capital assets are being released to the profit and loss in line with the depreciation being recorded on those assets. |
| Income based government grants are recognised in the profit and loss account when the benefit becomes due. |
| 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 |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability. |
| 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. |
| 4. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| S H JENKINS LTD (REGISTERED NUMBER: 01818692) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 31 May 2021 |
| 5. | TANGIBLE FIXED ASSETS |
| Plant and |
| Land and | machinery |
| buildings | etc | Totals |
| £ | £ | £ |
| COST |
| At 1 June 2020 |
| Additions |
| At 31 May 2021 |
| DEPRECIATION |
| At 1 June 2020 |
| Charge for year |
| At 31 May 2021 |
| NET BOOK VALUE |
| At 31 May 2021 |
| At 31 May 2020 |
| Included in cost of land and buildings is freehold land of £ 171,144 (2020 - £ 171,144 ) which is not depreciated. |
| The net book value of tangible fixed assets includes £ 43,000 (2020 - £ 46,248 ) in respect of assets held under hire purchase contracts. |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2021 | 2020 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2021 | 2020 |
| £ | £ |
| Bank loans and overdrafts |
| Hire purchase contracts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| S H JENKINS LTD (REGISTERED NUMBER: 01818692) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 31 May 2021 |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2021 | 2020 |
| £ | £ |
| Hire purchase contracts |
| Other creditors |
| 9. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2021 | 2020 |
| £ | £ |
| Other loans | 86,400 | 144,000 |
| The loan is secured upon the freehold property of the company. |
| 10. | RELATED PARTY DISCLOSURES |
| In the financial period to 31st May 2016, a loan of £300,000 was made to the company from Mr and Mrs Corlett. This is repayable by instalments and the interest rate applying is 1.5% over the Base Rate of the Bank of England. |
| 11. | ULTIMATE CONTROLLING PARTY |
| At the balance sheet date, the controlling party was Mr A Corlett, by means of his shareholding in the company. |