Jevon Homes (burston) Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 05132326 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2017

for

Jevon Homes (burston) Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

5

DIRECTOR:

Ms S Jevon

REGISTERED OFFICE:

Belfry House

Bell Lane

Hertford

Hertfordshire

SG14 1BP

REGISTERED NUMBER:

05132326 (England and Wales)

ACCOUNTANTS:

Philip T. Chave & Co

Belfry House

Bell Lane

Hertford

Hertfordshire

SG14 1BP

FIXED ASSETS

Tangible assets

4

3,126

3,996

Investments

5

100

100

3,226

4,096

CURRENT ASSETS

Stocks

-

752,424

Debtors

84,307

10,425

Cash at bank

330,618

103,746

414,925

866,595

CREDITORS

Amounts falling due within one year

105,234

352,635

NET CURRENT ASSETS

309,691

513,960

TOTAL ASSETS LESS CURRENT LIABILITIES

312,917

518,056

CREDITORS

Amounts falling due after more than one year

-

(115,000

)

PROVISIONS FOR LIABILITIES

(594

)

-

NET ASSETS

312,323

403,056

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

8

312,322

403,055

SHAREHOLDERS' FUNDS

312,323

403,056

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 April 2017 in accordance with Section 444(2A) of the Companies Act 2006.

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 23 January 2018 and were signed by:

Ms S Jevon - Director

1.	STATUTORY INFORMATION

Jevon Homes (burston) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Preparation of consolidated financial statements

The financial statements contain information about Jevon Homes (burston) Limited as an individual company

and do not contain consolidated financial information as the parent of a group. The company has taken the option

under Section 398 of the Companies Act 2006 not to prepare consolidated financial statements.

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.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2016 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 May 2016

13,134

Additions

171

At 30 April 2017

13,305

DEPRECIATION

At 1 May 2016

9,138

Charge for year

1,041

At 30 April 2017

10,179

NET BOOK VALUE

At 30 April 2017

3,126

At 30 April 2016

3,996

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 May 2016

and 30 April 2017

100

NET BOOK VALUE

At 30 April 2017

100

At 30 April 2016

100

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Burston Rentals Limited

Registered office: Belfry House, Bell Lane, Hertford SG14 1BP

Nature of business: Letting of property - Dormant

%

Class of shares:

holding

Ordinary

100.00

30.4.17

30.4.16

£

£

Aggregate capital and reserves

79,388

79,388

6.	SECURED DEBTS

The following secured debts are included within creditors:

30.4.17

30.4.16

£

£

Bank loans

-

366,980

The bank loans and overdrafts are secured by charges over the assets of the company.

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.17

30.4.16

value:

£

£

1

Ordinary

£1

1

1

8.

RESERVES

Retained

earnings

£

At 1 May 2016

403,055

Deficit for the year

(27,733

)

Dividends

(63,000

)

At 30 April 2017

312,322

9.	RELATED PARTY DISCLOSURES

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Ms S Jevon.