Jonathan Brownlee Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07161672 (England and Wales)

Unaudited Financial Statements

for the Period 1 March 2017 to 31 December 2017

for

Jonathan Brownlee Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J C Brownlee

R J Downey

REGISTERED OFFICE:

91 Manor Road South

Hinchley Wood

Esher

Surrey

KT10 0QB

REGISTERED NUMBER:

07161672 (England and Wales)

ACCOUNTANTS:

Granite Morgan Smith Limited

122 Feering Hill

Feering

Colchester

Essex

CO5 9PY

FIXED ASSETS

1,278

Tangible assets

4

965

CURRENT ASSETS

432,524

Debtors

5

601,003

365,262

Investments

6

531,245

632,306

Cash at bank

683,121

1,430,092

1,815,369

CREDITORS

128,966

Amounts falling due within one year

7

148,513

1,301,126

NET CURRENT ASSETS

1,666,856

1,302,404

TOTAL ASSETS LESS CURRENT LIABILITIES

1,667,821

12,712

PROVISIONS FOR LIABILITIES

19,110

1,289,692

NET ASSETS

1,648,711

CAPITAL AND RESERVES

1

Called up share capital

1

1,289,691

Retained earnings

1,648,710

1,289,692

SHAREHOLDERS' FUNDS

1,648,711

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

The members have not required the company to obtain an audit of its financial statements for the period 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 27 September 2018 and were signed on its behalf by:

J C Brownlee - Director

1.	STATUTORY INFORMATION

Jonathan Brownlee 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 etc

-

25% on cost

Taxation

Taxation for the period 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 period 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 period was 1 (2017 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 March 2017

and 31 December 2017

3,927

DEPRECIATION

At 1 March 2017

2,649

Charge for period

313

At 31 December 2017

2,962

NET BOOK VALUE

At 31 December 2017

965

At 28 February 2017

1,278

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

28.2.17

£

£

Trade debtors

18,000

12,265

Amounts owed by group undertakings

578,003

414,259

Other debtors

5,000

6,000

601,003

432,524

6.	CURRENT ASSET INVESTMENTS

31.12.17

28.2.17

£

£

Listed investments

531,245

365,262

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

28.2.17

£

£

Trade creditors

-

917

Taxation and social security

120,251

96,079

Other creditors

28,262

31,970

148,513

128,966

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the company owed the director J Brownlee £66 (Feb 2017 - £75) in respect of his loan

account. This loan is interest free and repayable on demand.

9.	RELATED PARTY DISCLOSURES

At the year end the company had outstanding loans of £578,003 (Feb - 2017 £414,259) to AJK Tri Properties

Ltd, a company in which the director J Brownlee has a material interest.