J Pittard Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 04782251 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2017

FOR

J PITTARD LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J D Pittard

REGISTERED OFFICE:

28 Old Road

Wimborne

Dorset

BH21 1EJ

REGISTERED NUMBER:

04782251 (England and Wales)

ACCOUNTANTS:

Charlton Newell Limited

Chartered Accountants & Business Advisors

38 Middlehill Road

Colehill

Wimborne

Dorset

BH21 2SE

FIXED ASSETS

Tangible assets

4

2,215

2,739

CURRENT ASSETS

Debtors

5

4,467

10,997

Cash at bank

34,711

30,027

39,178

41,024

CREDITORS

Amounts falling due within one year

6

14,762

12,874

NET CURRENT ASSETS

24,416

28,150

TOTAL ASSETS LESS CURRENT LIABILITIES

26,631

30,889

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

26,630

30,888

SHAREHOLDERS' FUNDS

26,631

30,889

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 1 August 2017 and were signed by:

J D Pittard - Director

1.	STATUTORY INFORMATION

J Pittard Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information

page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents the value, net of value added tax and discounts, of work carried out in respect of

services provided to customers. In accordance with UITF 40, turnover also includes the sales value of

unbilled work in progress at the year end.

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 etc

-

25% on reducing balance

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.

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.

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 1 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2016

8,508

Additions

214

At 31 May 2017

8,722

DEPRECIATION

At 1 June 2016

5,769

Charge for year

738

At 31 May 2017

6,507

NET BOOK VALUE

At 31 May 2017

2,215

At 31 May 2016

2,739

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

3,800

10,865

Other debtors

667

132

4,467

10,997

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Taxation and social security

13,106

11,947

Other creditors

1,656

927

14,762

12,874

7.	RELATED PARTY DISCLOSURES

During the year, total dividends of £34,000 were paid to the director .

Other creditors in note 7 above includes an amount of £847 (2016 £84) owed to Mr Pittard, the

director of the company.

8.	ULTIMATE CONTROLLING PARTY

The controlling party is J D Pittard.