John A Wells (Grain) Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 01732576 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 October 2016

for

John A Wells (Grain) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J B Wells

G E Wells

Mrs J D Robinson

SECRETARY:

J B Wells

REGISTERED OFFICE:

Granary House

Melton Road

Edwalton

Nottingham

Nottinghamshire

NG12 4DR

REGISTERED NUMBER:

01732576 (England and Wales)

ACCOUNTANTS:

Clayton & Brewill

Chartered Accountants

Cawley House

149-155 Canal Street

Nottingham

Nottinghamshire

NG1 7HR

BANKERS:

HSBC Bank Plc

17 High Street

Melton Mowbray

Leicestershire

LE13 0TY

CURRENT ASSETS

Debtors

1,499,914

CREDITORS

Amounts falling due within one year

600,001

NET CURRENT ASSETS

899,913

TOTAL ASSETS LESS CURRENT
LIABILITIES

899,913

CAPITAL AND RESERVES

Called up share capital

2

10,000

Profit and loss account

889,913

SHAREHOLDERS' FUNDS

899,913

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2016 in accordance with Section 476 of the Companies Act 2006.

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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 9 November 2016 and were signed
on its behalf by:

J B Wells - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in

accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The company was dormant throughout the current year and previous year.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed

at the balance sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

10,000

Ordinary Shares

£1

10,000

3.	RELATED PARTY DISCLOSURES

Mr J B Wells is a director of the company with a 49% shareholding. The company has made a loan

of £1,499,914 to Bradmore Business Park Ltd , a company in which John A Wells Ltd hold 50% of

the issued shares. Mr J B Wells holds 61% of the issued ordinary shares in John A Wells Ltd. These

companies are all related by virtue of common control and/influence.