J.M. HARE SERVICES LIMITED

J.M. HARE SERVICES LIMITED

J.M. HARE SERVICES LIMITED - Company Information

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J.M. HARE SERVICES LIMITED

Company Registration Number:
06842292 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2018

Period of accounts

Start date: 01 April 2017

End date: 31 March 2018

J.M. HARE SERVICES LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2018

Balance sheet
Notes

J.M. HARE SERVICES LIMITED

Balance sheet

As at 31 March 2018


Notes
2018
2017


£
£
Fixed assets
Tangible assets: 2 586,245 454,370
Total fixed assets: 586,245 454,370
Current assets
Debtors:   154,241 149,414
Cash at bank and in hand: 78,956 253,029
Total current assets: 233,197 402,443
Creditors: amounts falling due within one year: 3 (534,765) (447,359)
Net current assets (liabilities): (301,568) (44,916)
Total assets less current liabilities: 284,677 409,454
Total net assets (liabilities): 284,677 409,454
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 284,577 409,354
Shareholders funds: 284,677 409,454

The notes form part of these financial statements

J.M. HARE SERVICES LIMITED

Balance sheet statements

For the year ending 31 March 2018 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 07 September 2018
and signed on behalf of the board by:

Name: Jonathon Hare
Status: Director

The notes form part of these financial statements

J.M. HARE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible fixed assets and depreciation policy

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 – 20% on wdvPlant & Equipment – 15% on wdvIf there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

J.M. HARE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

2. Tangible Assets

Total
Cost £
At 01 April 2017 645,898
Additions 235,330
At 31 March 2018 881,228
Depreciation
At 01 April 2017 191,528
Charge for year 103,455
At 31 March 2018 294,983
Net book value
At 31 March 2018 586,245
At 31 March 2017 454,370

J.M. HARE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

3. Creditors: amounts falling due within one year note

Trade Creditors £26,768Social Security and other taxes £25,279Other Creditors £482,718TOTAL £534,765