JK Tiling Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 07027985 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2017

for

JK Tiling Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J King

REGISTERED OFFICE:

22 Great Rea Road

Brixham

Torbay

TQ5 9SR

REGISTERED NUMBER:

07027985 (England and Wales)

ACCOUNTANTS:

Pemberton Professionals Limited

9 Acton Hill Mews

Uxbridge Road

London

W3 9QN

FIXED ASSETS

Tangible assets

4

2,225

5,000

CURRENT ASSETS

Stocks

505

622

Cash at bank and in hand

9,327

3,884

9,832

4,506

CREDITORS

Amounts falling due within one year

5

7,265

2,485

NET CURRENT ASSETS

2,567

2,021

TOTAL ASSETS LESS CURRENT LIABILITIES

4,792

7,021

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

4,790

7,019

SHAREHOLDERS' FUNDS

4,792

7,021

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

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

J King - Director

1.	STATUTORY INFORMATION

JK Tiling 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.

Plant and machinery

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

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 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 October 2016

37,609

Additions

2,850

Disposals

(37,609

)

At 30 September 2017

2,850

DEPRECIATION

At 1 October 2016

32,609

Charge for year

5,625

Eliminated on disposal

(37,609

)

At 30 September 2017

625

NET BOOK VALUE

At 30 September 2017

2,225

At 30 September 2016

5,000

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.17

30.9.16

£

£

Tax

1,245

1,465

Directors' current accounts

5,000

-

Accrued expenses

1,020

1,020

7,265

2,485

6.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the director, Mr J King.