Accounts filed on 31-12-2016


ACCOUNTS
FOR THE YEAR ENDED 31/12/2016





DIRECTORS
J J Littlewood
G A Littlewood



SECRETARY
Mr G A Littlewood


REGISTERED OFFICE
Ponsford Road
Minehead
Somerset
TA24 5DX


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 01243441



ACCOUNTANTS
Ian Dalzell Ltd
Broughton Lodge Mews
Field Broughton
Grange-over-Sands
Cumbria
LA11 6HL


ACCOUNTS
FOR THEYEARENDED31/12/2016



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31/12/2016

			2016		2015
	Notes		£		£

FIXED ASSETS
Intangible assets	2		2,351		3,172
Tangible assets	3		228,494		143,175
Investment Assets	4		1,070		1,070

			231,915		147,417

CURRENT ASSETS
Stock		205,631		175,564
Debtors	6	455,313		473,951
Cash at bank and in hand		32,182		46,411
		693,126		695,926
CREDITORS: Amounts falling due within one year	7	242,928		200,863
NET CURRENT ASSETS			450,198		495,063
TOTAL ASSETS LESS CURRENT LIABILITIES			682,113		642,480


CREDITORS: Amounts falling due after more than one year	8		55,676		13,234


PROVISIONS FOR LIABILITIES AND CHARGES	10		44,513		26,778

NET ASSETS			581,924		602,468

CAPITAL AND RESERVES

Called up share capital	11		100		100
Profit and loss account			581,824		602,368
SHAREHOLDERS' FUNDS			581,924		602,468

For the year ending 31/12/2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 07/06/2017 and signed on their behalf by



.............................
J J Littlewood
Director

1. ACCOUNTING POLICIES


1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .


1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Land And Buildings		reducing balance 15%
Plant and Machinery		reducing balance 15 to 50%


1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.


1d. Pension Costs
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The cost of contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.


1e. Investments
Fixed asset investments are shown at cost less amounts written off.
Provisions are not made for temporary fluctuations in value but where a value is deemed to be materially lower, then a provison is made.


1f. Leases
Assets held under finance leases and hire purchase contracts are capitalised in the balance sheet at their fair value and depreciated over their expected useful lives. The interest element of leasing payments represents a constant proportion of the capital balance outstanding and is charged to the profit and loss account over the period of the lease. All other leases are regarded as operating leases and the payments made under them are charged to the profit and loss account on a straight line basis over the lease term.


4. INVESTMENT FIXED ASSETS

	Shares in group companies	Other
	and participating interests	Investments	Total
	£	£	£
Cost
At 01/01/2016	540	1,070	1,610
At 31/12/2016	540	1,070	1,610
Amortisation
At 01/01/2016	540	-	540
At 31/12/2016	540	-	540
Net Book Amounts
At 31/12/2016	-	1,070	1,070
At 31/12/2015	-	1,070	1,070
Other Investment Assets comprise Deactivated Weapons.


6. DEBTORS	2016	2015
	£	£
Amounts falling due within one year
Trade debtors	129,768	112,818
UK corporation tax	12,626	-
Other debtors	29	158
Amounts due from group companies	295,471	338,677
Prepayments	17,419	22,298
	455,313	473,951
Amount owing from Group Company due after one year £295,471(2015: £338,677)


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2016	2015
	£	£
UK corporation tax	-	16,930
VAT	20,423	11,795
PAYE control	5,732	6,880
Bank loans and overdrafts	2,859	913
Hire purchase	15,794	6,169
Payments received on account	40,601	51,166
Trade creditors	121,166	73,872
Pension schemes	247	388
Accruals	36,106	32,750
	242,928	200,863

Included in Other Creditors is £15,794 (2015: £6,169) is repayable by instalments


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2016	2015
	£	£
Hire purchase >1yr	40,102	13,234
Deferred income>1yr	15,574	-
	55,676	13,234

£40,102 (2015: £13,234) is repayable by instalments within 5 years


11. SHARE CAPITAL	2016	2015
	£	£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each	100	100
	100	100


12. CONTROLLING PARTY
The company is a wholly owned subsidiary of JJL Holding Company Ltd, a company registered in England.