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REGISTERED NUMBER: 01367829 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 March 2018

for

T Jowett & Sons (Farmers) Limited

T Jowett & Sons (Farmers) Limited (Registered number: 01367829)






Contents of the Financial Statements
for the Year Ended 31 March 2018




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

T Jowett & Sons (Farmers) Limited

Company Information
for the Year Ended 31 March 2018







DIRECTORS: R E Jowett
S Jowett
M P Jowett





SECRETARY: D Jowett





REGISTERED OFFICE: Upper Bents Farm
Bents Lane
Wilsden
Bradford
West Yorkshire
BD15 0BN





REGISTERED NUMBER: 01367829 (England and Wales)





ACCOUNTANTS: Stirk Lambert & Co
Chartered Accountants
Russell Chambers
61a North Street
Keighley
West Yorkshire
BD21 3DS

T Jowett & Sons (Farmers) Limited (Registered number: 01367829)

Statement of Financial Position
31 March 2018

31.3.18 31.3.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 69,235 50,623

CURRENT ASSETS
Stocks 53,498 52,037
Debtors 6 1,268 4,830
Cash at bank 555 2,912
55,321 59,779
CREDITORS
Amounts falling due within one year 7 82,141 85,614
NET CURRENT LIABILITIES (26,820 ) (25,835 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

42,415

24,788

PROVISIONS FOR LIABILITIES 8 5,007 1,647
NET ASSETS 37,408 23,141

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 36,408 22,141
SHAREHOLDERS' FUNDS 37,408 23,141

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 directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

T Jowett & Sons (Farmers) Limited (Registered number: 01367829)

Statement of Financial Position - continued
31 March 2018



The financial statements were approved by the Board of Directors on 5 November 2018 and were signed on its behalf
by:





R E Jowett - Director


T Jowett & Sons (Farmers) Limited (Registered number: 01367829)

Notes to the Financial Statements
for the Year Ended 31 March 2018

1. STATUTORY INFORMATION

T Jowett & Sons (Farmers) Limited 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.

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.

Turnover
Turnover represents the amounts received or receivable for goods and services provided to customers, excluding
VAT.

Depreciation
Is calculated on the reducing balance method in order to write down to its estimated residual value the cost of
each asset over its expected useful life.

The depreciation rates used are:-
(i )Motor vehicles and equipment20% per annum
(ii)Piggeries2.5% per annum
(iii)Freehold property2.5% per annum
(iv)Freehold landnot depreciated


Stocks
Stock is valued at the lower of cost and net realisable value.


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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
statement of financial position 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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2017 - 3 ) .

T Jowett & Sons (Farmers) Limited (Registered number: 01367829)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

5. TANGIBLE FIXED ASSETS
Motor
Freehold Freehold vehicles
property land Piggeries & equipment Totals
£    £    £    £    £   
COST
At 1 April 2017 46,112 12,184 10,421 65,106 133,823
Additions - - - 27,800 27,800
Disposals - - - (16,850 ) (16,850 )
At 31 March 2018 46,112 12,184 10,421 76,056 144,773
DEPRECIATION
At 1 April 2017 26,608 - 6,233 50,359 83,200
Charge for year 487 - 105 7,329 7,921
Eliminated on disposal - - - (15,583 ) (15,583 )
At 31 March 2018 27,095 - 6,338 42,105 75,538
NET BOOK VALUE
At 31 March 2018 19,017 12,184 4,083 33,951 69,235
At 31 March 2017 19,504 12,184 4,188 14,747 50,623

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Trade debtors 100 100
Value added tax 424 2,446
Prepayments 744 2,284
1,268 4,830

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Trade creditors 3,538 5,812
Other creditors 77,400 78,611
Accrued expenses 1,203 1,191
82,141 85,614

8. PROVISIONS FOR LIABILITIES
31.3.18 31.3.17
£    £   
Deferred tax 5,007 1,647

Deferred
tax
£   
Balance at 1 April 2017 1,647
Charge to Income Statement during year 3,360
Balance at 31 March 2018 5,007

T Jowett & Sons (Farmers) Limited (Registered number: 01367829)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

9. CONTROL RELATIONSHIPS

R E Jowett, S Jowett, and M Jowett, directors and shareholders, are considered to be equal controlling parties.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
T Jowett & Sons (Farmers) Limited

The following reproduces the text of the report prepared for the directors 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 Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary
statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of T Jowett & Sons (Farmers) Limited for the year ended 31 March 2018 which comprise the
Statement of Income and Retained Earnings, Statement of Financial Position and the related notes from the company's
accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of T Jowett & Sons (Farmers) Limited, as a body, in accordance with the terms of our engagement letter dated 5 October 1995. Our work has been undertaken solely to prepare for your approval the financial statements of T Jowett & Sons (Farmers) Limited and state those matters that we have agreed to state to the Board of Directors of T Jowett & Sons (Farmers) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than T Jowett & Sons (Farmers) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that T Jowett & Sons (Farmers) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of T Jowett & Sons (Farmers) Limited. You consider that T Jowett & Sons (Farmers) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of T Jowett & Sons (Farmers) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Stirk Lambert & Co
Chartered Accountants
Russell Chambers
61a North Street
Keighley
West Yorkshire
BD21 3DS


5 November 2018