John Wyatt (Energy) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05244601 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2017

for

John Wyatt (Energy) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S J Wyatt

Mrs C A Wyatt

SECRETARY:

Mrs C A Wyatt

REGISTERED OFFICE:

Braithwaite Street

Holbeck Lane

Leeds

West Yorkshire

LS11 9XE

REGISTERED NUMBER:

05244601 (England and Wales)

ACCOUNTANTS:

Queripel and Kettlewell Limited

The Barn

Hall Mews

Boston Spa

Wetherby

West Yorkshire

LS23 6DT

FIXED ASSETS

Tangible assets

4

15,366

19,993

CURRENT ASSETS

Debtors

5

61,628

142,051

Cash at bank

174

644

61,802

142,695

CREDITORS

Amounts falling due within one year

6

5,783

86,625

NET CURRENT ASSETS

56,019

56,070

TOTAL ASSETS LESS CURRENT LIABILITIES

71,385

76,063

CREDITORS

Amounts falling due after more than one year

7

10,617

15,244

NET ASSETS

60,768

60,819

CAPITAL AND RESERVES

Called up share capital

63,000

63,000

Retained earnings

(2,232

)

(2,181

)

60,768

60,819

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 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 14 September 2018 and were signed on its behalf by:

S J Wyatt - Director

1.	STATUTORY INFORMATION

John Wyatt (Energy) 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element

of the future payments is treated as a liability.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2016 - 13 ).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2017

and 31 December 2017

28,750

DEPRECIATION

At 1 January 2017

8,757

Charge for year

4,627

At 31 December 2017

13,384

NET BOOK VALUE

At 31 December 2017

15,366

At 31 December 2016

19,993

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 January 2017

and 31 December 2017

28,750

DEPRECIATION

At 1 January 2017

8,757

Charge for year

4,627

At 31 December 2017

13,384

NET BOOK VALUE

At 31 December 2017

15,366

At 31 December 2016

19,993

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

31.12.16

£

£

Trade debtors

-

141,017

Amounts owed by group undertakings

60,388

-

Other debtors

1,240

1,034

61,628

142,051

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

31.12.16

£

£

Hire purchase contracts

5,783

5,783

Amounts owed to group undertakings

-

56,097

Taxation and social security

-

24,745

5,783

86,625

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.17

31.12.16

£

£

Hire purchase contracts

10,617

15,244