J Griggs Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: SC499430 (Scotland)

Unaudited Financial Statements

For The Year Ended 31st March 2018

for

J Griggs Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J M Griggs

Miss J Galopin

SECRETARY:

REGISTERED OFFICE:

8 Douglas Street

Hamilton

Lanarkshire

ML3 0BP

REGISTERED NUMBER:

SC499430 (Scotland)

ACCOUNTANTS:

J.S. Mackie & Co Ltd

8 Douglas Street

Hamilton

Lanarkshire

ML3 0BP

FIXED ASSETS

Tangible assets

4

11,433

14,278

CURRENT ASSETS

Debtors

5

21,779

19,264

Cash at bank

6,971

3,860

28,750

23,124

CREDITORS

Amounts falling due within one year

6

(16,801

)

(14,474

)

NET CURRENT ASSETS

11,949

8,650

TOTAL ASSETS LESS CURRENT
LIABILITIES

23,382

22,928

CREDITORS

Amounts falling due after more than one
year

7

(600

)

(2,998

)

NET ASSETS

22,782

19,930

CAPITAL AND RESERVES

Called up share capital

10

Retained earnings

22,772

19,920

SHAREHOLDERS' FUNDS

22,782

19,930

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 15th November 2018 and were signed on its behalf
by:

J M Griggs - Director

1.	STATUTORY INFORMATION

J Griggs Limited is a private company, limited by shares , registered in Scotland. 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.

Tangible fixed assets

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

Taxation

Taxation for the year comprises current 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 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 balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st April 2017

and 31st March 2018

18,284

DEPRECIATION

At 1st April 2017

4,006

Charge for year

2,845

At 31st March 2018

6,851

NET BOOK VALUE

At 31st March 2018

11,433

At 31st March 2017

14,278

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

Trade debtors

1,663

1,144

Other debtors

20,116

18,120

21,779

19,264

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

Hire purchase contracts

2,398

Taxation and social security

13,237

11,098

Other creditors

1,166

978

16,801

14,474

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2018

2017

£

Hire purchase contracts

600

2,998

J Griggs Limited - Accounts to registrar (filleted) - small 18.2

J Griggs Limited - Accounts to registrar (filleted) - small 18.2