John Southworth Builders Limited - Accounts to registrar (filleted) - small 18.1

John Southworth Builders Limited - Accounts to registrar (filleted) - small 18.1

JOHN SOUTHWORTH BUILDERS LIMITED - Company Information

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REGISTERED NUMBER: 02431382 (England and Wales)




























FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2017

FOR

JOHN SOUTHWORTH BUILDERS LIMITED
JOHN SOUTHWORTH BUILDERS LIMITED (REGISTERED NUMBER: 02431382)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2017




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

JOHN SOUTHWORTH BUILDERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2017







DIRECTORS: P Brown
S Brown
M Quinn
A G Adamson





SECRETARY: Mrs P Brown





REGISTERED OFFICE: 10 Charles Street
Dukinfield
Cheshire
SK16 4SD





REGISTERED NUMBER: 02431382 (England and Wales)





ACCOUNTANTS: Hanley & Co
Chartered Accountants
18 Church Street
Ashton under Lyne
OL6 6XE
Page 1
JOHN SOUTHWORTH BUILDERS LIMITED (REGISTERED NUMBER: 02431382)

ABRIDGED BALANCE SHEET
31 OCTOBER 2017

31.10.17 31.10.16
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 159,724 167,225

CURRENT ASSETS
Inventories 426,929 172,105
Debtors 343,654 331,155
Cash at bank and in hand 36,578 531,034
807,161 1,034,294
CREDITORS
Amounts falling due within one year 301,386 441,096
NET CURRENT ASSETS 505,775 593,198
TOTAL ASSETS LESS CURRENT
LIABILITIES
665,499
760,423

PROVISIONS FOR LIABILITIES 16,061 15,452
NET ASSETS 649,438 744,971

CAPITAL AND RESERVES
Called up share capital 85 85
Retained earnings 649,353 744,886
SHAREHOLDERS' FUNDS 649,438 744,971

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 notes form part of these financial statements

Page 2 continued...
JOHN SOUTHWORTH BUILDERS LIMITED (REGISTERED NUMBER: 02431382)

ABRIDGED BALANCE SHEET - continued
31 OCTOBER 2017


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 Balance Sheet for the year ended 31 October 2017 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 12 December 2017 and were signed on its behalf by:




P Brown - Director



S Brown - Director


The notes form part of these financial statements

Page 3
JOHN SOUTHWORTH BUILDERS LIMITED (REGISTERED NUMBER: 02431382)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2017

1. STATUTORY INFORMATION

John Southworth Builders 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 represents net invoiced value of building services, excluding value added tax.

Tangible fixed assets
Property improvements10% per annum on a straight line basis.

Motor vehicles25% per annum on a reducing balance basis.

Computer equipment33.3% per annum on a reducing balance basis.

Other plant and equipment15% per annum on a reducing balance basis.

Stocks
Inventories and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete
and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing
inventories 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are
charged to profit or loss in the period to which they relate.

Page 4 continued...
JOHN SOUTHWORTH BUILDERS LIMITED (REGISTERED NUMBER: 02431382)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2017

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 .

4. PROPERTY, PLANT AND EQUIPMENT


Land and
Property		Plant and
machinery etc.
Totals
£££
COST
At 1 November 2016109,724238,049347,773
Additions-31,40031,400
Disposals---
At 31 October 2017109,724269,449379,173
DEPRECIATION
At 1 November 201627,195153,353180,548
Additions10,97227,92938,901
Disposals---
At 31 October 201738,167181,282219,449
NET BOOK VALUE
At 31 October 201771,55788,167159,724
At 31 October 201682,52984,696167,225

5. RELATED PARTY DISCLOSURES

The premises at 10 Charles Street, Dukinfield are owned by the directors Mr P Brown and Mr S Brown. The company is paying
rent at an appropriate arms length amount.

6. ULTIMATE CONTROLLING PARTY

The controlling party is S Brown.

Page 5
JOHN SOUTHWORTH BUILDERS LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
JOHN SOUTHWORTH BUILDERS LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial
statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are
cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to
be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 October 2017 set out on pages three to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Hanley & Co
Chartered Accountants
18 Church Street
Ashton under Lyne
OL6 6XE


12 December 2017

This page does not form part of the statutory financial statements

Page 6