GR Jones Engineering Services Ltd - Accounts to registrar (filleted) - small 18.1

GR Jones Engineering Services Ltd - Accounts to registrar (filleted) - small 18.1

GR JONES ENGINEERING SERVICES LTD - Company Information

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REGISTERED NUMBER: 08603122 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2017

for

GR Jones Engineering Services Ltd
GR Jones Engineering Services Ltd (Registered number: 08603122)






Contents of the Financial Statements
for the Year Ended 31 July 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


GR Jones Engineering Services Ltd

Company Information
for the Year Ended 31 July 2017







DIRECTOR: G Jones





REGISTERED OFFICE: Unit 3
Office Village
Chester Business Park
Chester
CH4 9QP





REGISTERED NUMBER: 08603122 (England and Wales)





ACCOUNTANTS: Crest Plus Accounting Ltd
Unit 3 Office Village
Chester Business Park
Chester
CH4 9QP
Page 1
GR Jones Engineering Services Ltd (Registered number: 08603122)

Balance Sheet
31 July 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 956 1,261

CURRENT ASSETS
Debtors 5 5,940 2,027
Cash at bank 12,894 21,192
18,834 23,219
CREDITORS
Amounts falling due within one
year
6
18,034
22,724
NET CURRENT ASSETS 800 495
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,756
1,756

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,656 1,656
SHAREHOLDERS' FUNDS 1,756 1,756

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 30 March 2018 and were
signed by:





G Jones - Director


The notes form part of these financial statements

Page 2
GR Jones Engineering Services Ltd (Registered number: 08603122)

Notes to the Financial Statements
for the Year Ended 31 July 2017

1. STATUTORY INFORMATION

GR Jones Engineering Services Ltd 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.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

Page 3 continued...
GR Jones Engineering Services Ltd (Registered number: 08603122)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2017

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 August 2016
and 31 July 2017 1,000 2,150 3,150
DEPRECIATION
At 1 August 2016 386 1,503 1,889
Charge for year 92 213 305
At 31 July 2017 478 1,716 2,194
NET BOOK VALUE
At 31 July 2017 522 434 956
At 31 July 2016 614 647 1,261

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors 5,940 2,027

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Corporation Tax liability 10,983 10,400
VAT 5,610 5,026
Directors' current accounts 1,441 6,547
Accrued expenses - 751
18,034 22,724

7. ULTIMATE CONTROLLING PARTY

The controlling party is G Jones.

Page 4