Registered Number
:
04950242
|
For the year ended 31 December 2016
England and Wales
Unaudited Financial Statements
For the year ended 31 December 2016
Jackson Plating Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Jackson Plating Limited
Statement of Financial Position
2015
2016
35,842
40,963
2
Property
,
plant and equipment
|
69,753
75,795
3
105,595
116,758
3,500
500
Trade and other receivables
|
136,475
128,039
4
224,755
Cash and cash equivalents
|
190,341
318,880
364,730
Trade and other payables
:
amounts falling due within one
|
year
|
(53,526)
(47,864)
5
311,204
271,016
Net current assets
Total assets less current liabilities
|
376,611
427,962
376,611
Net assets
427,962
10,000
10,000
366,611
417,962
376,611
427,962
Shareholders' funds
For the year ended 31 December 2016 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
|
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
|
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
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
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.
|
These financial statements were approved and authorised for issue by the Board on 29 June 2017 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 31 December 2016
Jackson Plating Limited
Notes to the Financial Statements
Statutory Information
Jackson Plating Limited is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
registration
|
number
04950242
.
|
Epic House
128 Fulwell Road
Teddington
Middlesex
TW11 0RQ
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A 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 costs convention as
|
modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Goodwill
Goodwill arising on business combinatins is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful life. The period chosen for writing off the remaining goodwill is 7 years. Provision is made for any impairment.
|
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Plant and machinery
Motor vehicles
Office equipment
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
|
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
|
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For the year ended 31 December 2016
Jackson Plating Limited
Notes to the Financial Statements Continued
2
.
Intangible fixed assets
|
Goodwill
102,414
102,414
61,451
5,121
Charge for year
66,572
35,842
40,963
3
.
Property
,
plant and equipment
|
Motor vehicles
409,874
27,095
18,857
363,922
17,209
396
-
16,813
380,735
18,857
27,491
427,083
Provision for depreciation and impairment
|
334,079
17,876
10,902
305,301
Charge for year
23,251
2,404
1,989
18,858
357,330
20,280
12,891
324,159
56,576
5,966
7,211
69,753
58,621
7,955
9,219
75,795
4
.
Trade and other receivables
|
2015
2016
109,975
120,024
18,064
16,451
136,475
128,039
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For the year ended 31 December 2016
Jackson Plating Limited
Notes to the Financial Statements Continued
5
.
Trade and other payables
:
amounts falling due within one year
|
2015
2016
554
-
22,865
26,430
Taxation and social security
|
21,135
23,786
3,310
3,310
47,864
53,526
6
.
Related party transactions
|
The company paid rent to Mr M Jackson (company director) £8,000 (2015 : £8,000).
7
.
Directors advances and guarantees
|
At the balance sheet date the company owed Mr M Jackson £460 (2015 : £460)
4 of 4