J. Fletcher & Son (Hull) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 00517613 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2018

for

J. Fletcher & Son (Hull) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs J M Fletcher

Mr J H Fletcher

SECRETARY:

Mrs J M Fletcher

REGISTERED OFFICE:

91 Swanland Road

Hessle

Hull

East Yorkshire

HU13 0NS

REGISTERED NUMBER:

00517613 (England and Wales)

ACCOUNTANTS:

Try Lunn & Co

Chartered Accountants

Roland House

Princes Dock Street

HULL HU1 2LD

FIXED ASSETS

Tangible assets

4

10,144

10,677

CURRENT ASSETS

Cash at bank

14,157

15,292

CREDITORS

Amounts falling due within one year

5

13,901

14,290

NET CURRENT ASSETS

256

1,002

TOTAL ASSETS LESS CURRENT LIABILITIES

10,400

11,679

CAPITAL AND RESERVES

Called up share capital

6

6,000

6,000

Retained earnings

7

4,400

5,679

SHAREHOLDERS' FUNDS

10,400

11,679

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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 5 October 2018 and were signed on its behalf by:

Mrs J M Fletcher - Director

1.	STATUTORY INFORMATION

J. Fletcher & Son (Hull) 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 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.

Turnover from the sale of goods is recognised when goods are delivered and the legal title has passed.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

5% on reducing balance

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 2 (2017 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 April 2017

and 31 March 2018

45,174

DEPRECIATION

At 1 April 2017

34,497

Charge for year

533

At 31 March 2018

35,030

NET BOOK VALUE

At 31 March 2018

10,144

At 31 March 2017

10,677

All the land and buildings shown above are let by the company on operating leases.

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Taxation and social security

2,640

3,091

Other creditors

11,261

11,199

13,901

14,290

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

6,000

Ordinary Shares

£1

6,000

6,000

7.

RESERVES

Retained

earnings

£

At 1 April 2017

5,679

Profit for the year

10,721

Dividends

(12,000

)

At 31 March 2018

4,400

8.	RELATED PARTY DISCLOSURES

At 31 March 2018 the following amounts were owed to the directors, Mrs J M Fletcher £9,600 (2017 - £9,600

and J H Fletcher £400 (2016 - £400).

During the year the company paid £5,000 (2017 - £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.