Jim Willis Mechanical Services Limited - Accounts to registrar (filleted) - small 18.2

Jim Willis Mechanical Services Limited - Accounts to registrar (filleted) - small 18.2

JIM WILLIS MECHANICAL SERVICES LIMITED - Company Information

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REGISTERED NUMBER: 03112325 (England and Wales)















JIM WILLIS MECHANICAL SERVICES LIMITED

Unaudited Financial Statements for the Year Ended 31 December 2017





Lancaster Haskins Limited
Granville House
2 Tettenhall Road
Wolverhampton
West Midlands
WV1 4SB








JIM WILLIS MECHANICAL SERVICES LIMITED (REGISTERED NUMBER: 03112325)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 6

JIM WILLIS MECHANICAL SERVICES LIMITED

Company Information
for the Year Ended 31 December 2017







DIRECTORS: Mr J Willis
Mrs L C Willis





SECRETARY: Mrs L C Willis





REGISTERED OFFICE: Granville House
2 Tettenhall Road
Wolverhampton
West Midlands
WV1 4SB





REGISTERED NUMBER: 03112325 (England and Wales)





ACCOUNTANTS: Lancaster Haskins Limited
Granville House
2 Tettenhall Road
Wolverhampton
West Midlands
WV1 4SB
Page 1
JIM WILLIS MECHANICAL SERVICES LIMITED (REGISTERED NUMBER: 03112325)

Balance Sheet
31 December 2017

31.12.17 31.12.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 882 189

CURRENT ASSETS
Debtors 5 3,885 3,653
Cash at bank 29,303 24,597
33,188 28,250
CREDITORS
Amounts falling due within one year 6 13,314 15,422
NET CURRENT ASSETS 19,874 12,828
TOTAL ASSETS LESS CURRENT
LIABILITIES
20,756
13,017

PROVISIONS FOR LIABILITIES 150 38
NET ASSETS 20,606 12,979

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 20,506 12,879
SHAREHOLDERS' FUNDS 20,606 12,979

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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...
JIM WILLIS MECHANICAL SERVICES LIMITED (REGISTERED NUMBER: 03112325)

Balance Sheet - continued
31 December 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.

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

The financial statements were approved by the Board of Directors on 6 September 2018 and were signed on its behalf
by:





Mrs L C Willis - Director


The notes form part of these financial statements

Page 3
JIM WILLIS MECHANICAL SERVICES LIMITED (REGISTERED NUMBER: 03112325)

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


1. STATUTORY INFORMATION

Jim Willis Mechanical Services 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.

These financial statements for the year ended 31st December 2016 are the first financial statements that comply
with FRS 102 Section 1A small entities. The date of transition is 1st January 2014. The transition to FRS 102
Section 1A small entities has resulted in no changes to the accounting policies previously used.

The presentation currency is £ sterling.

Turnover
Turnover is recognised in line with the work performed.

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 - 20% on cost
Computer equipment - 25% Straight Line

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 (2016 - 1 ) .

Page 4 continued...
JIM WILLIS MECHANICAL SERVICES LIMITED (REGISTERED NUMBER: 03112325)

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


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2017 712 3,235 3,947
Additions 99 740 839
At 31 December 2017 811 3,975 4,786
DEPRECIATION
At 1 January 2017 712 3,046 3,758
Charge for year 10 136 146
At 31 December 2017 722 3,182 3,904
NET BOOK VALUE
At 31 December 2017 89 793 882
At 31 December 2016 - 189 189

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.17 31.12.16
£    £   
Trade debtors 3,885 3,653

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.17 31.12.16
£    £   
Trade creditors 1,748 1,683
Tax 8,365 7,589
Directors' current accounts 1,221 4,170
Accrued expenses 1,980 1,980
13,314 15,422

7. RELATED PARTY DISCLOSURES

At the balance sheet date the company owed the directors £1,221 (2016 £4,170). The movement of £2,949 is
accounted for by undrawn use of home allowance of £19 less cash drawn and personal expenses of £2,930.

8. ULTIMATE CONTROLLING PARTY

The company is under the ultimate control of it's directors.

Page 5
Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Jim Willis Mechanical Services 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.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Jim Willis Mechanical Services Limited for the year ended 31 December 2017 which comprise
the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's
accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Jim Willis Mechanical Services Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Jim Willis Mechanical Services Limited and state those matters that we have agreed to state to the Board of Directors of Jim Willis Mechanical Services Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Jim Willis Mechanical Services Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Jim Willis Mechanical Services Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Jim Willis Mechanical Services Limited. You consider that Jim Willis Mechanical Services Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Jim Willis Mechanical Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Lancaster Haskins Limited
Granville House
2 Tettenhall Road
Wolverhampton
West Midlands
WV1 4SB


Date: .............................................

This page does not form part of the statutory financial statements

Page 6