J. Howell & Son Construction Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 02849817 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2016

FOR

J. HOWELL & SON CONSTRUCTION LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs R A Howell

Mr D A Howell

SECRETARY:

Mrs R A Howell

REGISTERED OFFICE:

Arrowsmith Court

Station Approach

Broadstone

Dorset

BH18 8AT

REGISTERED NUMBER:

02849817 (England and Wales)

ACCOUNTANTS:

Newton Magnus

Chartered Certified Accountants

& Statutory Auditors

Arrowsmith Court

Station Approach

Broadstone

Dorset

BH18 8AT

FIXED ASSETS

Tangible assets

2

10,170

13,262

CURRENT ASSETS

Debtors

3

11,244

1,077

Cash at bank

4,450

9,471

15,694

10,548

CREDITORS

Amounts falling due within one year

4

(19,894

)

(9,764

)

NET CURRENT (LIABILITIES)/ASSETS

(4,200

)

784

TOTAL ASSETS LESS CURRENT LIABILITIES

5,970

14,046

CREDITORS

Amounts falling due after more than one year

5

(3,481

)

(6,771

)

PROVISIONS FOR LIABILITIES

8

(1,269

)

(2,504

)

NET ASSETS

1,220

4,771

CAPITAL AND RESERVES

Called up share capital

9

4

4

Profit and loss account

10

1,216

4,767

SHAREHOLDERS' FUNDS

1,220

4,771

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 29 June 2017 and were signed on its behalf by:

Mr D A Howell - 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).

Turnover

Turnover represents the value of goods and services provided to the company's customers,

excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Deferred tax

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

at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 October 2015

8,419

720

20,463

4,681

34,283

Additions

-

-

-

300

300

At 30 September 2016

8,419

720

20,463

4,981

34,583

DEPRECIATION

At 1 October 2015

7,716

713

8,953

3,639

21,021

Charge for year

176

2

2,878

336

3,392

At 30 September 2016

7,892

715

11,831

3,975

24,413

NET BOOK VALUE

At 30 September 2016

527

5

8,632

1,006

10,170

At 30 September 2015

703

7

11,510

1,042

13,262

3.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Trade debtors

6,036

212

Other debtors

5,208

865

11,244

1,077

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Hire purchase contracts

3,290

3,099

Trade creditors

3,657

-

Taxation and social security

5,201

1,533

Other creditors

7,746

5,132

19,894

9,764

5.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2016

2015

£

£

Hire purchase contracts

3,481

6,771

6.

LOANS

An analysis of the maturity of loans is given below:

2016

2015

£

£

Amounts falling due within one year or on demand:

Other loans

3,562

-

7.	OPERATING LEASE COMMITMENTS

8.	PROVISIONS FOR LIABILITIES

2016

2015

£

£

Deferred tax

1,269

2,504

Deferred

tax

£

Balance at 1 October 2015

2,504

Movement in provision

(1,235

)

Balance at 30 September 2016

1,269

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

4

Ordinary

£1

4

4

10.

RESERVES

Profit

and loss

account

£

At 1 October 2015

4,767

Deficit for the year

(3,551

)

At 30 September 2016

1,216

11.	RELATED PARTY DISCLOSURES

The company was under the control of the directors, Mr D A and Mrs R A Howell, throughout the

current and previous year.