John Coulson (Builders) Limited - Accounts to registrar (filleted) - small 18.2

John Coulson (Builders) Limited - Accounts to registrar (filleted) - small 18.2

JOHN COULSON (BUILDERS) LIMITED - Company Information

Print Friendly Version

IRIS Accounts Production v21.4.0.171 01077380 Board of Directors Board of Directors 1.11.20 31.10.21 31.10.21 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure010773802020-10-31010773802021-10-31010773802020-11-012021-10-31010773802019-10-31010773802019-11-012020-10-31010773802020-10-3101077380ns16:EnglandWales2020-11-012021-10-3101077380ns15:PoundSterling2020-11-012021-10-3101077380ns11:Director12020-11-012021-10-3101077380ns11:Director22020-11-012021-10-3101077380ns11:PrivateLimitedCompanyLtd2020-11-012021-10-3101077380ns11:SmallEntities2020-11-012021-10-3101077380ns11:AuditExempt-NoAccountantsReport2020-11-012021-10-3101077380ns11:SmallCompaniesRegimeForDirectorsReport2020-11-012021-10-3101077380ns11:SmallCompaniesRegimeForAccounts2020-11-012021-10-3101077380ns11:AbridgedAccounts2020-11-012021-10-3101077380ns11:RegisteredOffice2020-11-012021-10-3101077380ns6:CurrentFinancialInstruments2021-10-3101077380ns6:CurrentFinancialInstruments2020-10-3101077380ns6:Non-currentFinancialInstruments2021-10-3101077380ns6:Non-currentFinancialInstruments2020-10-3101077380ns6:ShareCapital2021-10-3101077380ns6:ShareCapital2020-10-3101077380ns6:RetainedEarningsAccumulatedLosses2021-10-3101077380ns6:RetainedEarningsAccumulatedLosses2020-10-3101077380ns6:PlantMachinery2020-11-012021-10-3101077380ns6:MotorVehicles2020-11-012021-10-3101077380ns6:ComputerEquipment2020-11-012021-10-3101077380ns6:WithinOneYear2021-10-3101077380ns6:WithinOneYear2020-10-3101077380ns6:BetweenOneFiveYears2021-10-3101077380ns6:BetweenOneFiveYears2020-10-3101077380ns6:AllPeriods2021-10-3101077380ns6:AllPeriods2020-10-31
REGISTERED NUMBER: 01077380 (England and Wales)





UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2021

FOR

JOHN COULSON (BUILDERS) LIMITED
JOHN COULSON (BUILDERS) LIMITED (REGISTERED NUMBER: 01077380)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2021










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


JOHN COULSON (BUILDERS) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2021







DIRECTORS: P Coulson
R Coulson





REGISTERED OFFICE: Ince Street
Heaton Norris
Stockport
Cheshire
SK4 1TJ





REGISTERED NUMBER: 01077380 (England and Wales)





ACCOUNTANTS: Mattocks Grindley
18 Mulberry Avenue
Turnstone Park
Widnes
Cheshire
WA8 0WN
Page 1
JOHN COULSON (BUILDERS) LIMITED (REGISTERED NUMBER: 01077380)

ABRIDGED BALANCE SHEET
31 OCTOBER 2021

31.10.21 31.10.20
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 34,557 43,700

CURRENT ASSETS
Stocks 73,500 73,500
Debtors 431,912 261,853
Cash at bank and in hand 356,136 518,981
861,548 854,334
CREDITORS
Amounts falling due within one year 523,072 521,708
NET CURRENT ASSETS 338,476 332,626
TOTAL ASSETS LESS CURRENT LIABILITIES 373,033 376,326

CREDITORS
Amounts falling due after more than one
year
(31,945
)
(47,222
)

PROVISIONS FOR LIABILITIES (7,638 ) (7,638 )
NET ASSETS 333,450 321,466

CAPITAL AND RESERVES
Called up share capital 5,000 5,000
Retained earnings 328,450 316,466
SHAREHOLDERS' FUNDS 333,450 321,466

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2021 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 notes form part of these financial statements

Page 2 continued...
JOHN COULSON (BUILDERS) LIMITED (REGISTERED NUMBER: 01077380)

ABRIDGED BALANCE SHEET - continued
31 OCTOBER 2021


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 October 2021 in accordance with Section 444(2A) of the Companies Act 2006.

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 and authorised for issue on 28 March 2022 and were signed on its behalf by:




R Coulson - Director



P Coulson - Director


The notes form part of these financial statements

Page 3
JOHN COULSON (BUILDERS) LIMITED (REGISTERED NUMBER: 01077380)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2021


1. STATUTORY INFORMATION

John Coulson (Builders) 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents work done during the year, excluding value added tax.

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 - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 15% on reducing balance

Stocks and work in progress
Inventories are valued at the lower of cost and estimated selling price less costs to sell. In respect of work in progress, cost includes a relevant portion of overheads according to stage of manufacture.

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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Page 4 continued...
JOHN COULSON (BUILDERS) LIMITED (REGISTERED NUMBER: 01077380)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2021


2. ACCOUNTING POLICIES - continued

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 14 (2020 - 15 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 November 2020
and 31 October 2021 226,415
DEPRECIATION
At 1 November 2020 182,715
Charge for year 9,143
At 31 October 2021 191,858
NET BOOK VALUE
At 31 October 2021 34,557
At 31 October 2020 43,700

5. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.10.21 31.10.20
£    £   
Within one year 21,024 35,504
Between one and five years 756 3,780
21,780 39,284

Page 5