J. Fletcher & Son (Hull) Limited - Accounts to registrar - small 17.2
J. Fletcher & Son (Hull) Limited - Accounts to registrar - small 17.2
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31 March 2017 |
for |
J. Fletcher & Son (Hull) Limited |
J. Fletcher & Son (Hull) Limited (Registered number: 00517613) |
Contents of the Financial Statements |
for the Year Ended 31 March 2017 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
J. Fletcher & Son (Hull) Limited |
Company Information |
for the Year Ended 31 March 2017 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Roland House |
Princes Dock Street |
HULL HU1 2LD |
J. Fletcher & Son (Hull) Limited (Registered number: 00517613) |
Balance Sheet |
31 March 2017 |
2017 | 2016 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 6 |
Retained earnings | 7 |
SHAREHOLDERS' FUNDS |
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. |
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 by: |
J. Fletcher & Son (Hull) Limited (Registered number: 00517613) |
Notes to the Financial Statements |
for the Year Ended 31 March 2017 |
1. | STATUTORY INFORMATION |
J. Fletcher & Son (Hull) Limited is a |
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 |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
value added tax and other sales taxes. |
Turnover from the sale of goods is recognised when goods are delivered and the legal title has passed. |
Tangible fixed assets |
Land and buildings | - |
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 on all timing differences between the carrying amounts of assets and liabilities in the |
financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying |
amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is |
no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. |
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which |
the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or |
substantively enacted by the end of the reporting period. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
J. Fletcher & Son (Hull) Limited (Registered number: 00517613) |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2017 |
4. | TANGIBLE FIXED ASSETS |
Land and |
buildings |
£ |
COST |
At 1 April 2016 |
and 31 March 2017 |
DEPRECIATION |
At 1 April 2016 |
Charge for year |
At 31 March 2017 |
NET BOOK VALUE |
At 31 March 2017 |
At 31 March 2016 |
All the land and buildings shown above are let by the company on operating leases. |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Taxation and social security |
Other creditors |
6. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2017 | 2016 |
value: | £ | £ |
Ordinary Shares | £1 | 6,000 | 6,000 |
7. | RESERVES |
Retained |
earnings |
£ |
At 1 April 2016 |
Profit for the year |
Dividends | ( |
) |
At 31 March 2017 |
8. | RELATED PARTY DISCLOSURES |
During the year, total dividends of £20,000 were paid to the directors . |
J. Fletcher & Son (Hull) Limited (Registered number: 00517613) |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2017 |
8. | RELATED PARTY DISCLOSURES - continued |
At 31 March 2017 the following amounts were owed to the directors, Mrs J M Fletcher £9,600 (2016 - £nil) and |
J H Fletcher £400 (2016 - £nil). |
During the year the company paid £5,000 (2016 - £5,000) costs on normal commercial terms to J Fletcher |
Construction & Joinery. Mr J H Fletcher is the sole proprietor of J Fletcher Construction & Joinery. |
9. | ULTIMATE CONTROLLING PARTY |
The ultimate controlling party is Mrs J M Fletcher. |
10. | TRANSITION TO FRS 102 |
These are the first financial statements that comply with FRS 102. The company transitioned to FRS 102 on 1 |
April 2015. |
Reconciliation of equity |
No transitional adjustments were required. |
Reconciliation of profit or loss for the year |
No transitional adjustments were required. |