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REGISTERED NUMBER:
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UNAUDITED FINANCIAL STATEMENTS |
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FOR THE YEAR ENDED 5TH APRIL 2018 |
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FOR |
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J T DIXON & SONS (WHITLEY BRIDGE) LTD |
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REGISTERED NUMBER:
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UNAUDITED FINANCIAL STATEMENTS |
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FOR THE YEAR ENDED 5TH APRIL 2018 |
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FOR |
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J T DIXON & SONS (WHITLEY BRIDGE) LTD |
J T DIXON & SONS (WHITLEY BRIDGE) LTD (REGISTERED NUMBER: 00383062) |
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CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 5TH APRIL 2018 |
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Page |
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Company Information | 1 |
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Balance Sheet | 2 |
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Notes to the Financial Statements | 4 |
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J T DIXON & SONS (WHITLEY BRIDGE) LTD |
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COMPANY INFORMATION |
FOR THE YEAR ENDED 5TH APRIL 2018 |
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DIRECTOR: |
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SECRETARY: |
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REGISTERED OFFICE: |
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REGISTERED NUMBER: |
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ACCOUNTANTS: |
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St Oswald House |
St Oswald Street |
Castleford |
West Yorkshire |
WF10 1DH |
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BANKERS: |
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Knottingley |
West Yorkshire |
WF11 8EA |
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SOLICITORS: |
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The Law Chambers |
Belks Court |
Pontefract |
WF8 1LY |
J T DIXON & SONS (WHITLEY BRIDGE) LTD (REGISTERED NUMBER: 00383062) |
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BALANCE SHEET |
5TH APRIL 2018 |
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2018 | 2017 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
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CURRENT ASSETS |
Stocks |
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Debtors | 5 |
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Cash at bank |
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CREDITORS |
Amounts falling due within one year | 6 |
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NET CURRENT ASSETS |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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CREDITORS |
Amounts falling due after more than one
year |
7 |
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( |
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PROVISIONS FOR LIABILITIES | ( |
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NET ASSETS |
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CAPITAL AND RESERVES |
Called up share capital |
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Retained earnings |
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SHAREHOLDERS' FUNDS |
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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. |
J T DIXON & SONS (WHITLEY BRIDGE) LTD (REGISTERED NUMBER: 00383062) |
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BALANCE SHEET - continued |
5TH APRIL 2018 |
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In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
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The financial statements were approved by the director on
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J T DIXON & SONS (WHITLEY BRIDGE) LTD (REGISTERED NUMBER: 00383062) |
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NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 5TH APRIL 2018 |
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1. | STATUTORY INFORMATION |
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J T Dixon & Sons (Whitley Bridge) Ltd is a
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Wales. The company's registered number and registered office address can be found on the Company |
Information page. |
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2. | ACCOUNTING POLICIES |
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Basis of preparing the financial statements |
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Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
value added tax and other sales taxes. |
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Tangible fixed assets |
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Plant and machinery etc | - |
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Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
moving items. |
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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. |
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Current or deferred taxation assets and liabilities are not discounted. |
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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. |
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Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
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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. |
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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. |
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Hire purchase and leasing commitments |
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held |
under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases |
are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
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The interest element of these obligations is charged to profit or loss over the relevant period. The capital element |
of the future payments is treated as a liability. |
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3. | EMPLOYEES AND DIRECTORS |
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The average number of employees during the year was
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J T DIXON & SONS (WHITLEY BRIDGE) LTD (REGISTERED NUMBER: 00383062) |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 5TH APRIL 2018 |
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4. | TANGIBLE FIXED ASSETS |
Plant and |
Land and | machinery |
buildings | etc | Totals |
£ | £ | £ |
COST |
At 6th April 2017 |
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Additions |
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Disposals |
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At 5th April 2018 |
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DEPRECIATION |
At 6th April 2017 |
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Charge for year |
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Eliminated on disposal |
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At 5th April 2018 |
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NET BOOK VALUE |
At 5th April 2018 |
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At 5th April 2017 |
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Fixed assets, included in the above, which are held under hire purchase contracts are as follows: |
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Plant and |
machinery |
etc |
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COST |
At 6th April 2017 |
and 5th April 2018 |
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DEPRECIATION |
At 6th April 2017 |
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Charge for year |
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At 5th April 2018 |
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NET BOOK VALUE |
At 5th April 2018 |
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At 5th April 2017 |
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5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2018 | 2017 |
£ | £ |
Trade debtors |
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Other debtors |
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J T DIXON & SONS (WHITLEY BRIDGE) LTD (REGISTERED NUMBER: 00383062) |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 5TH APRIL 2018 |
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6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2018 | 2017 |
£ | £ |
Hire purchase contracts |
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Taxation and social security |
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Other creditors |
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7. |
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR |
2018 | 2017 |
£ | £ |
Hire purchase contracts |
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8. | SECURED DEBTS |
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The following secured debts are included within creditors: |
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2018 | 2017 |
£ | £ |
Hire purchase contracts | 32,000 | 54,000 |
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9. | RELATED PARTY DISCLOSURES |
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Included in Creditors is the directors' loan account of Mr Richard P. Dixon totalling £17,477 |
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There is no interest charged on this loan and there are no fixed terms of repayment. |
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RP. Dixon & AK. Dixon are also joint owners of J. Dixon & Son. Included in debtors is the balance due from J. |
Dixon & Son of £6,855 |
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10. | CONTROLLING PARTY |
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The Company is under the control of the estate of Mr. J. Dixon (deceased) who own 51% of the issued shares. |