John Simpkin Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07931210 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

FOR

JOHN SIMPKIN LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr J P Simpkin

Mrs S J Simpkin

REGISTERED OFFICE:

94 Burnmill Road

Market Harborough

Leicestershire

LE16 7JG

REGISTERED NUMBER:

07931210 (England and Wales)

FIXED ASSETS

Investments

4

48

48

CURRENT ASSETS

Debtors

5

166,346

100,972

Cash at bank

138,072

140,703

304,418

241,675

CREDITORS

Amounts falling due within one year

6

45,612

41,876

NET CURRENT ASSETS

258,806

199,799

TOTAL ASSETS LESS CURRENT LIABILITIES

258,854

199,847

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

258,754

199,747

SHAREHOLDERS' FUNDS

258,854

199,847

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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 22 June 2018 and were signed on its behalf by:

Mr J P Simpkin - Director

1.	STATUTORY INFORMATION

John Simpkin Ltd 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.

The financial statements are presented in Sterling (£).

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.

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.

INVESTMENTS

Investments are included at cost less residual amounts written off. Profits or losses arising from disposals of

fixed asset investments are treated as part of the result from ordinary activities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2017

and 31 March 2018

48

NET BOOK VALUE

At 31 March 2018

48

At 31 March 2017

48

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Other debtors

166,346

100,972

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Taxation

45,509

41,876

Directors' current accounts

103

-

45,612

41,876

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

100

Ordinary

£1

100

100

8.	RELATED PARTY DISCLOSURES

Of the total dividends £81,000 (2017: £77,597) were paid to Mr J Simpkin and £54,000 (2017: £51,731) to Mrs

S Simpkin.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr J P Simpkin by virtue of his directorship and 60% shareholding.