Company Registration No. 11100695 (England and Wales)
J&H Communications Limited
Unaudited accounts
for the year ended 31 December 2020
J&H Communications Limited
Unaudited accounts
Contents
J&H Communications Limited
Company Information
for the year ended 31 December 2020
Company Number
11100695 (England and Wales)
Registered Office
C/O Embee Oak
Cardinal Point, Park Road
Rickmansworth
WD3 1RE
Accountants
Embee Oak
Basing House
46 High Street
Rickmansworth
Herts
WD3 1HP
J&H Communications Limited
Statement of financial position
as at
31 December 2020
Tangible assets
7,493
11,144
Cash at bank and in hand
(368)
5,306
Creditors: amounts falling due within one year
(472,630)
(265,867)
Net current assets/(liabilities)
66,589
(7,603)
Total assets less current liabilities
74,082
3,541
Creditors: amounts falling due after more than one year
(70,000)
-
Called up share capital
101
101
Profit and loss account
3,981
3,440
Shareholders' funds
4,082
3,541
For the year ending 31 December 2020 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 7 February 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 2020
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.
During the year the United Kingdom, amongst other countries, have been struck by the Coronavirus (COVID-19) pandemic. This has resulted in a short period of stagnation in the growth of the business, mainly as a result of the "lockdowns". More recently activity has resumed to pre-Coronavirus levels. The directors have considered the financial health of the company along with the various government measures in place to support businesses through this pandemic and with this in mind, the director is confident that the company, at the date of signing, will continue as a going concern for the foreseeable future.
J&H Communications Limited
Notes to the Accounts
for the year ended 31 December 2020
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2020
3,027
15,228
18,255
At 31 December 2020
3,027
15,228
18,255
At 1 January 2020
1,120
5,991
7,111
Charge for the year
605
3,046
3,651
At 31 December 2020
1,725
9,037
10,762
At 31 December 2020
1,302
6,191
7,493
At 31 December 2019
1,907
9,237
11,144
5
Debtors: amounts falling due within one year
2020
2019
Trade debtors
73,093
47,032
Accrued income and prepayments
11,400
11,400
Other debtors
455,094
194,526
6
Creditors: amounts falling due within one year
2020
2019
Bank loans and overdrafts
50,000
-
Trade creditors
13,982
19,111
Taxes and social security
288,104
170,353
Other creditors
1,616
1,349
7
Creditors: amounts falling due after more than one year
2020
2019
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Short term loan to director
183,526
308,094
47,526
444,094
183,526
308,094
47,526
444,094
9
Average number of employees
During the year the average number of employees was 4 (2019: 4).