Jack Hogan Sales (Scotland) Limited - Accounts to registrar (filleted) - small 18.2
Jack Hogan Sales (Scotland) Limited - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
Financial Statements For The Year Ended 31 December 2017 |
for |
Jack Hogan Sales (Scotland) Limited |
Jack Hogan Sales (Scotland) Limited (Registered number: SC051841) |
Contents of the Financial Statements |
For The Year Ended 31 December 2017 |
Page |
Company Information | 1 |
Abridged Statement of Financial Position | 2 |
Notes to the Financial Statements | 4 |
Jack Hogan Sales (Scotland) Limited |
Company Information |
For The Year Ended 31 December 2017 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Regent Court |
70 West Regent Street |
Glasgow |
G2 2QZ |
Jack Hogan Sales (Scotland) Limited (Registered number: SC051841) |
Abridged Statement of Financial Position |
31 December 2017 |
2017 | 2016 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
Jack Hogan Sales (Scotland) Limited (Registered number: SC051841) |
Abridged Statement of Financial Position - continued |
31 December 2017 |
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 on |
Jack Hogan Sales (Scotland) Limited (Registered number: SC051841) |
Notes to the Financial Statements |
For The Year Ended 31 December 2017 |
1. | STATUTORY INFORMATION |
Jack Hogan Sales (Scotland) Limited is a |
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 |
Turnover |
Turnover is stated net of VAT and trade discounts. Turnover from the sale of goods is recognised when the |
goods are physically delivered to the customer. |
Tangible fixed assets |
Computer equipment | - |
Fixtures and fittings | - |
Motor Vehicles | - |
Office equipment | - |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
moving items. |
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 that have been enacted or |
substantively enacted by the statement of financial position date. |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
statement of financial position 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. |
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 |
Jack Hogan Sales (Scotland) Limited (Registered number: SC051841) |
Notes to the Financial Statements - continued |
For The Year Ended 31 December 2017 |
4. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1 January 2017 |
Disposals | ( |
) |
At 31 December 2017 |
DEPRECIATION |
At 1 January 2017 |
Charge for year |
Eliminated on disposal | ( |
) |
At 31 December 2017 |
NET BOOK VALUE |
At 31 December 2017 |
At 31 December 2016 |
5. | RELATED PARTY DISCLOSURES |
Tara Fabrication Ltd |
A company controlled by director H Hogan |
2017 | 2016 |
£ | £ |
Amount due to related party at the balance sheet date | 5,393 | 1,411 |
Foodservice Equipment Marketing Ltd |
A company controlled by director H Hogan |
2017 | 2016 |
£ | £ |
Amount due from related party at the balance sheet date | 36,823 | 25,033 |
6. | ULTIMATE CONTROLLING PARTY |
The controlling party is H Hogan. |