PJA Carpentry Limited Small abridged accounts
PJA Carpentry Limited Small abridged accounts
STATEMENT OF CONSENT TO PREPARE ABRIDGED FINANCIAL STATEMENTS |
COMPANY REGISTRATION NUMBER:
04811295
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FOR THE YEAR ENDED |
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ABRIDGED FINANCIAL STATEMENTS |
YEAR ENDED 31st MAY 2018
CONTENTS |
PAGE |
Officers and professional advisers |
1 |
Directors' report |
2 |
Chartered certified accountants report to the board of directors on the preparation of the unaudited statutory abridged financial statements |
3 |
Abridged statement of comprehensive income |
4 |
Abridged statement of financial position |
5 |
Statement of changes in equity |
7 |
Notes to the abridged financial statements |
8 |
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OFFICERS AND PROFESSIONAL ADVISERS |
THE BOARD OF DIRECTORS |
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REGISTERED OFFICE |
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ACCOUNTANTS |
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Chartered Certified Accountants |
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475 Salisbury House |
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London Wall |
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London |
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EC2M 5QQ |
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DIRECTORS' REPORT |
YEAR ENDED 31st MAY 2018
The directors present their report and the unaudited abridged financial statements of the company for the year ended
31 May 2018
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DIRECTORS
The directors who served the company during the year were as follows:
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SMALL COMPANY PROVISIONS
This report was approved by the board of directors on
14 August 2018
and signed on behalf of the board by:
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Director |
Registered office: |
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CHARTERED CERTIFIED ACCOUNTANTS REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY ABRIDGED FINANCIAL STATEMENTS OF
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YEAR ENDED 31st MAY 2018
475 Salisbury House
London Wall
London
EC2M 5QQ
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ABRIDGED STATEMENT OF COMPREHENSIVE INCOME |
YEAR ENDED 31st MAY 2018
2018 |
2017 |
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Note |
£ |
£ |
GROSS PROFIT |
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Administrative expenses |
(
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(
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--------- |
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OPERATING PROFIT |
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Other interest receivable and similar income |
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Interest payable and similar expenses |
– |
(
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--------- |
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PROFIT BEFORE TAXATION |
5 |
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Tax on profit |
(
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(
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-------- |
--------- |
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PROFIT FOR THE FINANCIAL YEAR AND TOTAL COMPREHENSIVE INCOME |
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-------- |
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All the activities of the company are from continuing operations.
The company has no other recognised items of income and expenses other than the results for the year as set out above.
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ABRIDGED STATEMENT OF FINANCIAL POSITION |
2018 |
2017 |
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Note |
£ |
£ |
£ |
FIXED ASSETS
Tangible assets |
6 |
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CURRENT ASSETS
Stocks |
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Debtors |
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Cash at bank and in hand |
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CREDITORS: amounts falling due within one year |
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--------- |
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NET CURRENT ASSETS |
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-------- |
-------- |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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PROVISIONS
Taxation including deferred tax |
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-------- |
-------- |
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NET ASSETS |
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-------- |
-------- |
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ABRIDGED STATEMENT OF FINANCIAL POSITION (continued) |
2018 |
2017 |
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Note |
£ |
£ |
£ |
CAPITAL AND RESERVES
Called up share capital |
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Profit and loss account |
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-------- |
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SHAREHOLDERS FUNDS |
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-------- |
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Directors' responsibilities:
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The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
.
These abridged financial statements were approved by the
board of directors
and authorised for issue on
14 August 2018
, and are signed on behalf of the board by:
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Director |
Company registration number:
04811295
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STATEMENT OF CHANGES IN EQUITY |
YEAR ENDED 31st MAY 2018
Called up share capital |
Profit and loss account |
Total |
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£ |
£ |
£ |
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AT 1st JUNE 2016 |
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Profit for the year |
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---- |
--------- |
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TOTAL COMPREHENSIVE INCOME FOR THE YEAR |
– |
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Dividends paid and payable |
– |
(
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(
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---- |
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TOTAL INVESTMENTS BY AND DISTRIBUTIONS TO OWNERS |
– |
(
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(
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AT 31st MAY 2017 |
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Profit for the year |
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TOTAL COMPREHENSIVE INCOME FOR THE YEAR |
– |
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Issue of shares |
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– |
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Dividends paid and payable |
– |
(
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(
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---- |
-------- |
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TOTAL INVESTMENTS BY AND DISTRIBUTIONS TO OWNERS |
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(
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(
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---- |
-------- |
-------- |
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AT 31st MAY 2018 |
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---- |
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NOTES TO THE ABRIDGED FINANCIAL STATEMENTS |
YEAR ENDED 31st MAY 2018
1.
GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 475 Salisbury House, London Wall, London, EC2M 5QQ.
2.
STATEMENT OF COMPLIANCE
3.
ACCOUNTING POLICIES
BASIS OF PREPARATION
REVENUE RECOGNITION
INCOME TAX
TANGIBLE ASSETS
DEPRECIATION
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Motor vehicles |
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Office equipment |
- |
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STOCKS
PROVISIONS
FINANCIAL INSTRUMENTS
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
DEFINED CONTRIBUTION PLANS
4.
EMPLOYEE NUMBERS
The average number of persons employed by the company during the year amounted to
30
(2017:
22
).
5.
PROFIT BEFORE TAXATION
Profit before taxation is stated after charging:
2018 |
2017 |
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£ |
£ |
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Depreciation of tangible assets |
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------- |
------- |
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6.
TANGIBLE ASSETS
£ |
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Cost |
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At 1st June 2017 |
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Additions |
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Disposals |
(
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-------- |
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At 31st May 2018 |
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Depreciation |
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At 1st June 2017 |
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Charge for the year |
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Disposals |
(
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At 31st May 2018 |
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Carrying amount |
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At 31st May 2018 |
35,849 |
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At 31st May 2017 |
17,328 |
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7.
RELATED PARTY TRANSACTIONS
The company was under the control of
P J Albone
throughout the current period. P J Albone
is a director and shareholder of the company. By virtue of his shareholding, P J Albone
received dividends totalling £40,099 (2017 - £146,000). The company rent a property that is owned by P J Albone
and paid in the year £30,000 (2017 - £30,000). The directors of PJA Carpentry Limited P J Albone
and P A Cross
are also directors of PJA Contracting Limited. During the year PJA Carpentry Limited provided during the normal course of business carpentry and office services amounting to £782,174 (2017 - £127,348) and rent of offices amounting to £6,000 (2017 - £6,000). At the year end, PJA Contracting Limited was owed by PJA Carpentry Limited £142,388 (2017 - £(5,667)). No other transactions with related parties were undertaken such as are required to be disclosed under FRS 102 Section 1A.