JOHN_REYNOLDS_CARPENTRY_S - Accounts

JOHN REYNOLDS CARPENTRY SERVICES LIMITED - Company Information

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Company Registration No. 5166089 (England and Wales)

JOHN REYNOLDS CARPENTRY SERVICES LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2016

JOHN REYNOLDS CARPENTRY SERVICES LIMITED

CONTENTS

Page

Accountants' report

Abbreviated balance sheet

Notes to the abbreviated accounts

JOHN REYNOLDS CARPENTRY SERVICES LIMITED

ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF JOHN REYNOLDS CARPENTRY SERVICES LIMITED FOR THE YEAR ENDED 31 OCTOBER 2016

- 1 -

The following reproduces the text of the Accountants' Report prepared in respect of the company's annual unaudited financial statements, from which the unaudited abbreviated financial statements set out on pages 2 to 3 have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the financial statements of John Reynolds Carpentry Services Limited for the year ended 31 October 2016 set out on pages 3 to 7 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made solely to the Board of Directors of John Reynolds Carpentry Services Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of John Reynolds Carpentry Services Limited and state those matters that we have agreed to state to the Board of Directors of John Reynolds Carpentry Services Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www2.accaglobal.com/pubs/members/publications/technical_factsheets/downloads/163.doc. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than John Reynolds Carpentry Services Limited and its Board of Directors as a body, for our work or for this report.

It is your duty to ensure that John Reynolds Carpentry Services Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of John Reynolds Carpentry Services Limited. You consider that John Reynolds Carpentry Services Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of John Reynolds Carpentry Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Rowland Hall

28 May 2017

Chartered Certified Accountants

Grovedell House

15 Knightswick Road

Canvey Island

Essex

SS8 9PA

JOHN REYNOLDS CARPENTRY SERVICES LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 OCTOBER 2016

- 2 -

2016

2015

Notes

Fixed assets

Tangible assets

2,587

3,236

Current assets

Debtors

10,849

30,429

Cash at bank and in hand

9,973

20,822

30,429

Creditors: amounts falling due within one year

(21,783)

(26,117)

Net current liabilities/(assets)

(961)

4,312

Total assets less current liabilities

1,626

7,548

Capital and reserves

Called up share capital

Profit and loss account

1,625

7,547

Shareholder's funds

1,626

7,548

For the financial year ended 31 October 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 28 May 2017

Mr J Reynolds

Director

Company Registration No. 5166089

JOHN REYNOLDS CARPENTRY SERVICES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2016

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Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery

25% reducing balance

Motor vehicles

25% reducing balance

Fixed assets

Tangible assets

Cost

At 1 November 2015 & at 31 October 2016

4,408

Depreciation

At 1 November 2015

1,172

Charge for the year

649

At 31 October 2016

1,821

Net book value

At 31 October 2016

2,587

At 31 October 2015

3,236

Share capital

2016

2015

Allotted, called up and fully paid

1 Ordinary Shares of £1 each