J F Bryan Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 01883627 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2021

for

J F Bryan Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

7

DIRECTOR:

J F Bryan

SECRETARY:

J F Bryan

REGISTERED OFFICE:

113 High Street North

London

E6 1HZ

REGISTERED NUMBER:

01883627 (England and Wales)

ACCOUNTANTS:

Edison and Co

Chartered Certified Accountants

29 Herbert Road

Hornchurch

Essex

RM11 3LH

FIXED ASSETS

Tangible assets

4

51,064

34,407

CURRENT ASSETS

Stocks

39,641

40,489

Debtors

5

46,482

30,008

Cash at bank and in hand

74,423

26,163

160,546

96,660

CREDITORS

Amounts falling due within one year

6

57,831

19,137

NET CURRENT ASSETS

102,715

77,523

TOTAL ASSETS LESS CURRENT LIABILITIES

153,779

111,930

CREDITORS

Amounts falling due after more than one year

7

8,317

-

NET ASSETS

145,462

111,930

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

145,362

111,830

SHAREHOLDERS' FUNDS

145,462

111,930

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 March 2022 and were signed by:

J F Bryan - Director

1.	STATUTORY INFORMATION

J F Bryan 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 net invoiced sales of goods and services, 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Short leasehold

-

in accordance with the property

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

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 6 (2020 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

and

Motor

leasehold

fittings

vehicles

Totals

£

£

£

£

COST

At 1 July 2020

42,319

202,359

19,353

264,031

Additions

-

4,275

24,766

29,041

Disposals

-

-

(19,353

)

(19,353

)

At 30 June 2021

42,319

206,634

24,766

273,719

DEPRECIATION

At 1 July 2020

42,316

170,539

16,769

229,624

Charge for year

-

3,609

6,191

9,800

Eliminated on disposal

-

-

(16,769

)

(16,769

)

At 30 June 2021

42,316

174,148

6,191

222,655

NET BOOK VALUE

At 30 June 2021

3

32,486

18,575

51,064

At 30 June 2020

3

31,820

2,584

34,407

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

Additions

24,766

At 30 June 2021

24,766

DEPRECIATION

Charge for year

6,191

At 30 June 2021

6,191

NET BOOK VALUE

At 30 June 2021

18,575

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.21

30.6.20

£

£

Trade debtors

20,361

15,408

Other debtors

26,121

14,600

46,482

30,008

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.21

30.6.20

£

£

Trade creditors

35,364

6,741

Taxation and social security

17,967

7,896

Other creditors

4,500

4,500

57,831

19,137

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.21

30.6.20

£

£

Hire purchase contracts

8,317

-

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.21

30.6.20

value:

£

£

50

Ordinary A

£1

50

50

50

Ordinary B

£1

50

50

100

100

9.

RESERVES

Retained

earnings

£

At 1 July 2020

111,830

Profit for the year

33,532

At 30 June 2021

145,362

10.	ULTIMATE CONTROLLING PARTY

The controlling party is J F Bryan.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of J F Bryan Limited for the year ended 30 June 2021 which comprise the Income Statement, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of J F Bryan Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of J F Bryan Limited and state those matters that we have agreed to state to the director of J F Bryan Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that J F Bryan Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of J F Bryan Limited. You consider that J F Bryan Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of J F Bryan Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Edison and Co

Chartered Certified Accountants

29 Herbert Road

Hornchurch

Essex

RM11 3LH

30 March 2022