Joubert Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 06272770

Unaudited Financial Statements for the Year Ended 31 July 2017

for

Joubert Limited

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

J Joubert

Mrs S Joubert

SECRETARY:

Mrs S Joubert

REGISTERED OFFICE:

Third Floor, Scottish Mutual House

27 - 29 North Street

Hornchurch

Essex

RM11 1RS

REGISTERED NUMBER:

06272770

ACCOUNTANTS:

Havard & Associates

Third Floor, Scottish Mutual House

27-29 North Street

Hornchurch

Essex

RM11 1RS

FIXED ASSETS

Intangible assets

4

24,300

32,400

Tangible assets

5

329

1,327

24,629

33,727

CURRENT ASSETS

Stocks

4,000

4,000

Debtors

6

13,133

7,471

Cash at bank

78,343

48,679

95,476

60,150

CREDITORS

Amounts falling due within one year

7

37,899

39,160

NET CURRENT ASSETS

57,577

20,990

TOTAL ASSETS LESS CURRENT LIABILITIES

82,206

54,717

CREDITORS

Amounts falling due after more than one year

8

-

(2,727

)

PROVISIONS FOR LIABILITIES

-

(147

)

NET ASSETS

82,206

51,843

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

82,204

51,841

SHAREHOLDERS' FUNDS

82,206

51,843

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2017 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 11 April 2018 and were signed on its behalf by:

J Joubert - Director

1.	STATUTORY INFORMATION

Joubert Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Goodwill

Goodwill of £81,000 was purchased from the company's director on incorporation on 1 July 2008, having

previously been acquired by the director, in his then capacity as a sole trader from an unrelated third party on 21

September 2004. Goodwill is amortised at 10% per annum using the straight line method.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

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 etc

-

33% on cost

Stocks

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

moving items.

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 2 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 August 2016

and 31 July 2017

81,000

AMORTISATION

At 1 August 2016

48,600

Charge for year

8,100

At 31 July 2017

56,700

NET BOOK VALUE

At 31 July 2017

24,300

At 31 July 2016

32,400

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2016

and 31 July 2017

4,786

DEPRECIATION

At 1 August 2016

3,459

Charge for year

998

At 31 July 2017

4,457

NET BOOK VALUE

At 31 July 2017

329

At 31 July 2016

1,327

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.17

31.7.16

£

£

Trade debtors

2,500

-

Other debtors

10,633

7,471

13,133

7,471

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.17

31.7.16

£

£

Bank loans and overdrafts

2,903

7,035

Taxation and social security

33,886

31,075

Other creditors

1,110

1,050

37,899

39,160

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.17

31.7.16

£

£

Bank loans

-

2,727

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year if the directors current account became overdrawn interest was charged on this at 3.00% per

annum pro rata.