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REGISTERED NUMBER: 07934553 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

FOR

EVERITT AND JONES JOINERY LTD

EVERITT AND JONES JOINERY LTD (REGISTERED NUMBER: 07934553)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2018










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 6

EVERITT AND JONES JOINERY LTD

COMPANY INFORMATION
for the Year Ended 31 March 2018







DIRECTOR: G F Jones Esq





REGISTERED OFFICE: 206 Endeavour House
Wrest Park
Silsoe
Bedfordshire
MK45 4HS





REGISTERED NUMBER: 07934553 (England and Wales)





ACCOUNTANTS: F E Hawkes & Co
206 Endeavour House
Wrest Park
Silsoe
Bedfordshire
MK45 4HS

EVERITT AND JONES JOINERY LTD (REGISTERED NUMBER: 07934553)

BALANCE SHEET
31 March 2018

2017 2018
£    £    Notes £    £   
FIXED ASSETS
18,305 Tangible assets 5 14,564

CURRENT ASSETS
5,801 Stocks 6 9,191
32,316 Debtors 7 42,279
42,938 Cash at bank 21,084
81,055 72,554
CREDITORS
93,845 Amounts falling due within one year 8 82,655
(12,790 ) NET CURRENT LIABILITIES (10,101 )
5,515 TOTAL ASSETS LESS CURRENT
LIABILITIES

4,463

CREDITORS
(2,083 ) Amounts falling due after more than one
year

9

-

(2,930 ) PROVISIONS FOR LIABILITIES (2,356 )
502 NET ASSETS 2,107

CAPITAL AND RESERVES
100 Called up share capital 100
402 Retained earnings 2,007
502 SHAREHOLDERS' FUNDS 2,107

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

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.

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 director on 12 November 2018 and were signed by:




G F Jones Esq - Director


EVERITT AND JONES JOINERY LTD (REGISTERED NUMBER: 07934553)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2018


1. STATUTORY INFORMATION

Everitt and Jones Joinery Ltd is a private company, limited by shares , registered in England and Wales. The
company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


The principal activity of the company in the year under review was that of building, carpentry and joinery.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates
No significant judgements or estimates have had to be made by the directors in preparing these financial
statements.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 20% on reducing balance

Stocks & work in progress
Stocks have been valued at the lower of cost and estimated selling price less costs to sell, cost is determined
using first in first out method.

In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to
the stage of completion.

Financial instruments
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.

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.

Current or deferred taxation assets and liabilities are not discounted.

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.


EVERITT AND JONES JOINERY LTD (REGISTERED NUMBER: 07934553)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2018


3. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
balance sheet date.

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.

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.

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.

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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2017 - 8 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
Totals machinery fittings vehicles
£    £    £    £   
COST
At 1 April 2017 24,658 1,393 1,022 22,243
Additions 1,031 - 1,031 -
Disposals (693 ) - - (693 )
At 31 March 2018 24,996 1,393 2,053 21,550
DEPRECIATION
At 1 April 2017 6,353 377 255 5,721
Charge for year 4,382 153 271 3,958
Eliminated on disposal (303 ) - - (303 )
At 31 March 2018 10,432 530 526 9,376
NET BOOK VALUE
At 31 March 2018 14,564 863 1,527 12,174
At 31 March 2017 18,305 1,016 767 16,522

EVERITT AND JONES JOINERY LTD (REGISTERED NUMBER: 07934553)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2018


5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 April 2017
and 31 March 2018 12,555
DEPRECIATION
At 1 April 2017 4,512
Charge for year 2,011
At 31 March 2018 6,523
NET BOOK VALUE
At 31 March 2018 6,032
At 31 March 2017 8,043

6. STOCKS
2018 2017
£    £   
Closing stock & work in progress 9,191 5,801

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 38,884 29,377
Prepayments 3,395 2,939
42,279 32,316

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Bank loans and overdrafts 23,152 -
Hire purchase contracts 2,083 4,167
Trade creditors 27,795 43,740
Tax 3,365 9,331
Social security and other taxes 2,701 2,535
VAT 7,240 6,352
Directors' loan accounts 8,357 24,072
Accrued expenses 7,962 3,648
82,655 93,845

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2018 2017
£    £   
Hire purchase contracts - 2,083

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £15,200 (2017 - £41,592) were paid to the directors .

EVERITT AND JONES JOINERY LTD

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
EVERITT AND JONES JOINERY LTD


The following reproduces the text of the report prepared for the director in respect of the company's annual
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file
a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and
the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2018 set out on pages three to ten and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






F E Hawkes & Co
206 Endeavour House
Wrest Park
Silsoe
Bedfordshire
MK45 4HS


12 November 2018