Company Registration No. 11100695 (England and Wales)
J&H Communications Limited
Unaudited accounts
for the year ended 31 December 2021
J&H Communications Limited
Unaudited accounts
Contents
J&H Communications Limited
Company Information
for the year ended 31 December 2021
Company Number
11100695 (England and Wales)
Registered Office
C/O Embee Oak
Cardinal Point, Park Road
Rickmansworth
WD3 1RE
Accountants
Embee Oak
Cardinal Point
Park Road
Rickmansworth
Herts
WD3 1RE
J&H Communications Limited
Statement of financial position
as at
31 December 2021
Tangible assets
3,842
7,493
Debtors
1,166,822
539,587
Cash at bank and in hand
13,048
(368)
Creditors: amounts falling due within one year
(984,541)
(472,630)
Net current assets
195,329
66,589
Total assets less current liabilities
199,171
74,082
Creditors: amounts falling due after more than one year
(133,375)
(70,000)
Called up share capital
101
101
Profit and loss account
65,695
3,981
Shareholders' funds
65,796
4,082
For the year ending 31 December 2021 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 December 2022 and were signed on its behalf by
James Henderson
Director
Company Registration No. 11100695
J&H Communications Limited
Notes to the Accounts
for the year ended 31 December 2021
J&H Communications Limited is a private company, limited by shares, registered in England and Wales, registration number 11100695. The registered office is C/O Embee Oak , Cardinal Point, Park Road, Rickmansworth, WD3 1RE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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 rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% SL
Computer equipment
20% SL
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Despite the Coronavirus pandemic existing throughout this financial year the company was able to trade through the difficulties, including those posed by 'lockdowns' and produce a profit at the end of the year. Since the year end, the business activity has returned to and surpassed pre-Coronavirus levels. As a result, the director believes the company will generate sufficient profits to meet liabilities as they fall due and on that basis the company will continue as a going concern.
J&H Communications Limited
Notes to the Accounts
for the year ended 31 December 2021
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2021
3,027
15,228
18,255
At 31 December 2021
3,027
15,228
18,255
At 1 January 2021
1,725
9,037
10,762
Charge for the year
605
3,046
3,651
At 31 December 2021
2,330
12,083
14,413
At 31 December 2021
697
3,145
3,842
At 31 December 2020
1,302
6,191
7,493
Amounts falling due within one year
Trade debtors
22,300
73,093
Accrued income and prepayments
-
11,400
Other debtors
1,144,522
455,094
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
9,618
50,000
Trade creditors
5,250
13,982
Taxes and social security
794,569
288,104
Other creditors
855
1,616
7
Creditors: amounts falling due after more than one year
2021
2020
Other creditors
97,706
70,000
J&H Communications Limited
Notes to the Accounts
for the year ended 31 December 2021
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Short term loan to director
479,426
452,195
71,073
860,548
479,426
452,195
71,073
860,548
9
Average number of employees
During the year the average number of employees was 4 (2020: 4).