Jason Ford General Building Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 07146596 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2017

for

Jason Ford General Building Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J M Ford

SECRETARY:

REGISTERED OFFICE:

60 Nightingale Gardens

Nailsea

North Somerset

Bristol

BS48 2BQ

REGISTERED NUMBER:

07146596 (England and Wales)

ACCOUNTANTS:

Harpers & Co

The Old Brewery

1-3 Ashton Road

Bristol

BS3 2EA

FIXED ASSETS

Tangible assets

4

11,194

14,445

CURRENT ASSETS

Stocks

14,732

-

Debtors

5

1,370

35,988

Cash at bank

20,474

30,247

36,576

66,235

CREDITORS

Amounts falling due within one year

6

28,158

52,102

NET CURRENT ASSETS

8,418

14,133

TOTAL ASSETS LESS CURRENT LIABILITIES

19,612

28,578

CREDITORS

Amounts falling due after more than one year

7

888

4,442

NET ASSETS

18,724

24,136

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

18,624

24,036

SHAREHOLDERS' FUNDS

18,724

24,136

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 18 December 2017 and were signed by:

J M Ford - Director

1.	STATUTORY INFORMATION

Jason Ford General Building 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 is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and

handling costs in bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over

the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2016 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2016

36,896

Additions

480

At 31 March 2017

37,376

DEPRECIATION

At 1 April 2016

22,451

Charge for year

3,731

At 31 March 2017

26,182

NET BOOK VALUE

At 31 March 2017

11,194

At 31 March 2016

14,445

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Trade debtors

1,370

35,988

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Trade creditors

127

1,717

Taxation and social security

14,225

23,008

Other creditors

13,806

27,377

28,158

52,102

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.17

31.3.16

£

£

Hire purchase contracts

888

4,442