Johnson Group Holdings Limited Filleted accounts for Companies House (small and micro)

Johnson Group Holdings Limited Filleted accounts for Companies House (small and micro)

JOHNSON GROUP HOLDINGS LIMITED - Company Information

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false false false true false false false false false false true false false false false false false false No description of principal activity 2018-08-01 Sage Accounts Production Advanced 2019 - FRS102_2014 698,794 693,791 5,003 5,003 xbrli:pure xbrli:shares iso4217:GBP 05977565 2018-08-01 2019-07-31 05977565 2019-07-31 05977565 2018-07-31 05977565 core:Subsidiary1 2018-08-01 2019-07-31 05977565 core:Subsidiary2 2018-08-01 2019-07-31 05977565 core:Subsidiary3 2018-08-01 2019-07-31 05977565 core:Subsidiary4 2018-08-01 2019-07-31 05977565 core:Subsidiary5 2018-08-01 2019-07-31 05977565 bus:OrdinaryShareClass1 2018-08-01 2019-07-31 05977565 bus:OrdinaryShareClass2 2018-08-01 2019-07-31 05977565 bus:Director1 2018-08-01 2019-07-31 05977565 core:WithinOneYear 2019-07-31 05977565 core:WithinOneYear 2018-07-31 05977565 core:AfterOneYear 2019-07-31 05977565 core:AfterOneYear 2018-07-31 05977565 core:ShareCapital 2019-07-31 05977565 core:ShareCapital 2018-07-31 05977565 core:SharePremium 2019-07-31 05977565 core:SharePremium 2018-07-31 05977565 core:CapitalRedemptionReserve 2019-07-31 05977565 core:CapitalRedemptionReserve 2018-07-31 05977565 core:RetainedEarningsAccumulatedLosses 2019-07-31 05977565 core:RetainedEarningsAccumulatedLosses 2018-07-31 05977565 core:CostValuation core:Non-currentFinancialInstruments 2019-07-31 05977565 core:Non-currentFinancialInstruments core:ProvisionsForImpairmentInvestments 2019-07-31 05977565 core:Non-currentFinancialInstruments 2019-07-31 05977565 core:Non-currentFinancialInstruments 2018-07-31 05977565 bus:SmallEntities 2018-08-01 2019-07-31 05977565 bus:AuditExempt-NoAccountantsReport 2018-08-01 2019-07-31 05977565 bus:FullAccounts 2018-08-01 2019-07-31 05977565 bus:SmallCompaniesRegimeForAccounts 2018-08-01 2019-07-31 05977565 bus:PrivateLimitedCompanyLtd 2018-08-01 2019-07-31 05977565 bus:OrdinaryShareClass1 2019-07-31 05977565 bus:OrdinaryShareClass1 2018-07-31 05977565 bus:OrdinaryShareClass2 2019-07-31 05977565 bus:OrdinaryShareClass2 2018-07-31 05977565 bus:AllOrdinaryShares 2019-07-31 05977565 bus:AllOrdinaryShares 2018-07-31
COMPANY REGISTRATION NUMBER: 05977565
JOHNSON GROUP HOLDINGS LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 July 2019
JOHNSON GROUP HOLDINGS LIMITED
STATEMENT OF FINANCIAL POSITION
31 July 2019
2019
2018
Note
£
£
£
FIXED ASSETS
Investments
4
5,003
5,003
CURRENT ASSETS
Debtors
5
2,850
1,500
Cash at bank and in hand
1,316
1,215
-------
-------
4,166
2,715
CREDITORS: amounts falling due within one year
6
28,186
24,806
--------
--------
NET CURRENT LIABILITIES
24,020
22,091
--------
--------
TOTAL ASSETS LESS CURRENT LIABILITIES
( 19,017)
( 17,088)
CREDITORS: amounts falling due after more than one year
7
79,500
79,500
--------
--------
NET LIABILITIES
( 98,517)
( 96,588)
--------
--------
CAPITAL AND RESERVES
Called up share capital
8
776,900
776,900
Share premium account
161,020
161,020
Capital redemption reserve
382,700
382,700
Profit and loss account
( 1,419,137)
( 1,417,208)
------------
------------
SHAREHOLDERS DEFICIT
( 98,517)
( 96,588)
------------
------------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 July 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
JOHNSON GROUP HOLDINGS LIMITED
STATEMENT OF FINANCIAL POSITION (continued)
31 July 2019
These financial statements were approved by the board of directors and authorised for issue on 28 April 2020 , and are signed on behalf of the board by:
Mr J C Broadbent
Director
Company registration number: 05977565
JOHNSON GROUP HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 JULY 2019
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Gatehead Business Park, Delph New Road, Delph, Oldham, OL3 5DE.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the Companies Act 2006.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The financial statements have been prepared under the going concern basis which assumes that the company will continue in operational existence for the foreseeable future. If the company was unable to continue in operational existence for the foreseeable future, adjustments would have to be made to reduce the balance sheet values to their recoverable amount and to provide for future liabilities that may arise and to reclassify fixed assets as current assets. The director believes that it is appropriate for the financial statements to be prepared on a going concern basis.
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.
4. Investments
Shares in group undertakings
£
Cost
At 1 August 2018 and 31 July 2019
698,794
----------
Impairment
At 1 August 2018 and 31 July 2019
693,791
----------
Carrying amount
At 31 July 2019
5,003
----------
At 31 July 2018
5,003
----------
Subsidiaries, associates and other investments
Class of share
Percentage of shares held
Subsidiary undertakings
Johnson Construction UK Limited - in liquidation
Ordinary
100
R&G Construction (Manchester) Limited
Ordinary
100
Johnson Homes (Northern) Limited
Ordinary
100
Rockfield Group Limited
Ordinary
50
Aegis Design Limited
Ordinary
100
The results and capital and reserves for the year are as follows:
Capital and reserves
Profit/(loss) for the year
2019
2018
2019
2018
£
£
£
£
Subsidiary undertakings
R&G Construction (Manchester) Limited
5,000
5,000
–
–
Johnson Homes (Northern) Limited
(229,917)
(220,400)
( 9,517)
(39,664)
Rockfield Group Limited
(17,412)
(15,778)
( 1,634)
(4,688)
Aegis Design Limited
(1,930)
(1,300)
( 630)
(819)
----------
----------
-------
--------
5. Debtors
2019
2018
£
£
Amounts owed by group undertakings
2,850
1,500
-------
-------
6. Creditors: amounts falling due within one year
2019
2018
£
£
Trade creditors
4,980
6,000
Amounts owed to group undertakings
22,000
17,300
Accruals and deferred income
1,206
1,506
--------
--------
28,186
24,806
--------
--------
7. Creditors: amounts falling due after more than one year
2019
2018
£
£
Director loan accounts
79,500
79,500
--------
--------
8. Called up share capital
Issued, called up and fully paid
2019
2018
No.
£
No.
£
Ordinary shares of £ 1 each
4,400
4,400
4,400
4,400
Redeemable shares of £ 1 each
772,500
772,500
772,500
772,500
----------
----------
----------
----------
776,900
776,900
776,900
776,900
----------
----------
----------
----------
9. Contingencies
An unlimited guarantee is in place between this company, Aegis Design Limited, R&G Construction (Manchester) Limited, Rockfield Group Limited, Johnson Construction UK Limited and Johnson Homes (Northern) Limited.
10. Related party transactions
At 31 July 2019 the company owed £79,500 to J Broadbent (2018 - £79,500).
11. Controlling party
The directors do not consider there to be an ultimate controlling party of Johnson Group Holdings Limited.