Jones Harris Limited - Accounts to registrar (filleted) - small 18.2
Jones Harris Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021 |
| FOR |
| JONES HARRIS LIMITED |
| JONES HARRIS LIMITED (REGISTERED NUMBER: 03198953) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the year ended 30 June 2021 |
| Page |
| Company Information | 1 |
| Abridged Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| JONES HARRIS LIMITED |
| COMPANY INFORMATION |
| for the year ended 30 June 2021 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 17 St Peters Place |
| Fleetwood |
| Lancashire |
| FY7 6EB |
| JONES HARRIS LIMITED (REGISTERED NUMBER: 03198953) |
| ABRIDGED BALANCE SHEET |
| 30 June 2021 |
| 2021 | 2020 |
| Notes | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| Investments | 6 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Capital redemption reserve |
| 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. |
| JONES HARRIS LIMITED (REGISTERED NUMBER: 03198953) |
| ABRIDGED BALANCE SHEET - continued |
| 30 June 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 |
| JONES HARRIS LIMITED (REGISTERED NUMBER: 03198953) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the year ended 30 June 2021 |
| 1. | STATUTORY INFORMATION |
| Jones Harris Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents work done in the year, net of VAT. Where the outcome of a transaction can be reliably estimated, turnover associated with the transaction is recognised in the profit & loss account by reference to the value of the uncompleted work at the balance sheet date, provided that a right to consideration has been obtained through performance. |
| Unbilled turnover is included in debtors as "Amounts recoverable on contracts". |
| Goodwill |
| The company does not comply with FRS 10 as goodwill is not amortised over a fixed time period. |
| The original value was a function of gross recurring fees introduced on incorporation & as such the directors perform an annual review of the client bank remaining from that point & impair the specific goodwill relating to individual clients as they deem necessary. |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Investments in associates |
| Investments in associate undertakings are recognised at cost. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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. |
| JONES HARRIS LIMITED (REGISTERED NUMBER: 03198953) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 30 June 2021 |
| 2. | ACCOUNTING POLICIES - continued |
| 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. |
| 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 |
| 4. | INTANGIBLE FIXED ASSETS |
| Totals |
| £ |
| COST |
| At 1 July 2020 |
| Impairments | (25,570 | ) |
| At 30 June 2021 |
| NET BOOK VALUE |
| At 30 June 2021 |
| At 30 June 2020 |
| JONES HARRIS LIMITED (REGISTERED NUMBER: 03198953) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 30 June 2021 |
| 5. | TANGIBLE FIXED ASSETS |
| Totals |
| £ |
| COST |
| At 1 July 2020 |
| Additions |
| At 30 June 2021 |
| DEPRECIATION |
| At 1 July 2020 |
| Charge for year |
| At 30 June 2021 |
| NET BOOK VALUE |
| At 30 June 2021 |
| At 30 June 2020 |
| 6. | FIXED ASSET INVESTMENTS |
| Information on investments other than loans is as follows: |
| Totals |
| £ |
| COST |
| At 1 July 2020 | 41,965 |
| Disposals | (55 | ) |
| At 30 June 2021 | 41,910 |
| NET BOOK VALUE |
| At 30 June 2021 | 41,910 |
| At 30 June 2020 | 41,965 |