S JACKSON ELECTRICAL LTD

Company Registration Number:
07541696 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2018

Period of accounts

Start date: 01 March 2017

End date: 28 February 2018

S JACKSON ELECTRICAL LTD

Contents of the Financial Statements

for the Period Ended 28 February 2018

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 8

S JACKSON ELECTRICAL LTD

Company Information

for the Period Ended 28 February 2018




Director: S D Jackson
Secretary: Mrs S M Jackson
Registered office: 209
Broad Lane
Burnedge
Rochdale
OL16 4PU
Company Registration Number: 07541696 (England and Wales)

S JACKSON ELECTRICAL LTD

Balance sheet

As at 28 February 2018


Notes

2018
£

2017
£
Fixed assets
Tangible assets: 3 1,707 1,410
Total fixed assets: 1,707 1,410
Current assets
Cash at bank and in hand: 847 16,118
Total current assets: 847 16,118
Creditors: amounts falling due within one year: ( 6,770 ) ( 10,826 )
Net current assets (liabilities): ( 5,923 ) 5,292
Total assets less current liabilities: ( 4,216 ) 6,702
Provision for liabilities: ( 341 ) ( 282 )
Total net assets (liabilities): ( 4,557 ) 6,420

The notes form part of these financial statements

S JACKSON ELECTRICAL LTD

Balance sheet continued

As at 28 February 2018


Notes

2018
£

2017
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: ( 4,559 ) 6,418
Shareholders funds: ( 4,557 ) 6,420

For the year ending 28 February 2018 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 3 November 2018
And Signed On Behalf Of The Board By:

Name: S D Jackson
Status: Director

The notes form part of these financial statements

S JACKSON ELECTRICAL LTD

Notes to the Financial Statements

for the Period Ended 28 February 2018

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are stated at cost less depreciation

    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 bases:

    Fixtures and Fittings - 15 % per annum of net book value

    Other accounting policies

    Cashflow statement The Company has taken advantage of the exemption in Financial Reporting Standard No.1 from the requirement to produce a cashflow statement on the grounds that it is a small company. Deferred taxation Provision is made for taxation deferred as a result of material timing differences between the incidence of income and expenditure for taxation purposes, using the liability method, only to the extent that, in the opinion of the directors, there is a reasonable probability that a liability or asset will crystallise in the near future.

S JACKSON ELECTRICAL LTD

Notes to the Financial Statements

for the Period Ended 28 February 2018

2. Dividends


2018
£

2017
£
Dividends paid 36,000 20,000

S JACKSON ELECTRICAL LTD

Notes to the Financial Statements

for the Period Ended 28 February 2018

3. Tangible Assets

Total
Cost £
At 01 March 2017 2,018
Additions 599
Disposals -
Revaluations -
Transfers -
At 28 February 2018 2,617
Depreciation
At 01 March 2017 608
Charge for year 302
On disposals -
Other adjustments -
At 28 February 2018 910
Net book value
At 28 February 2018 1,707
At 28 February 2017 1,410