Company Registration No. 07615804 (England and Wales)
Chris Jackson Joinery Ltd
Unaudited accounts
for the year ended 31 March 2017
Chris Jackson Joinery Ltd
Unaudited accounts
Contents
Chris Jackson Joinery Ltd
Company Information
for the year ended 31 March 2017
Director
Christopher James Jackson
Company Number
07615804 (England and Wales)
Registered Office
The Ridding
Wilton
Egremont
Cumbria
CA22 2PJ
Chris Jackson Joinery Ltd
Statement of financial position
as at 31 March 2017
Tangible assets
11,755
898
Cash at bank and in hand
7,553
13,594
Creditors: amounts falling due within one year
(6,137)
(8,405)
Net current assets
1,416
5,189
Total assets less current liabilities
13,171
6,087
Creditors: amounts falling due after more than one year
(6,053)
-
Called up share capital
1
1
Profit and loss account
7,117
6,086
Shareholders' funds
7,118
6,087
For the year ending 31 March 2017 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 3 November 2017.
Christopher James Jackson
Director
Company Registration No. 07615804
Chris Jackson Joinery Ltd
Notes to the Accounts
for the year ended 31 March 2017
Chris Jackson Joinery Ltd is a private company, limited by shares, registered in England and Wales, registration number 07615804. The registered office and principal place of business is The Ridding, Wilton, Egremont, Cumbria, CA22 2PJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 March 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
Fixtures & fittings
20% reducing balance
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Chris Jackson Joinery Ltd
Notes to the Accounts
for the year ended 31 March 2017
4
Tangible fixed assets
Total
5
Average number of employees
During the year the average number of employees was 1 (2016: 1).
