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REGISTERED NUMBER: 04980318 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2021

for

J.H. Powell Limited

J.H. Powell Limited (Registered number: 04980318)






Contents of the Financial Statements
for the Year Ended 31 December 2021




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


J.H. Powell Limited

Company Information
for the Year Ended 31 December 2021







DIRECTOR: J Powell





SECRETARY: Mrs H Powell





REGISTERED OFFICE: First Floor Office
Westerham Garage
190 London Road
Westerham
Kent
TN16 2DJ





REGISTERED NUMBER: 04980318 (England and Wales)





ACCOUNTANTS: AFS Accountants
First Floor Office
Westerham Garage
190 London Road
Westerham
Kent
TN16 2DJ

J.H. Powell Limited (Registered number: 04980318)

Abridged Balance Sheet
31 December 2021

31.12.21 31.12.20
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 340 453
340 453

CURRENT ASSETS
Debtors 84 7,577

CREDITORS
Amounts falling due within one year 11,490 12,397
NET CURRENT LIABILITIES (11,406 ) (4,820 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(11,066

)

(4,367

)

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (11,068 ) (4,369 )
(11,066 ) (4,367 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 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 applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2021 in accordance with Section 444(2A) of the Companies Act 2006.

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 and authorised for issue on 15 August 2022 and were signed by:




J Powell - Director


J.H. Powell Limited (Registered number: 04980318)

Notes to the Financial Statements
for the Year Ended 31 December 2021

1. STATUTORY INFORMATION

J.H. Powell 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. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2021
and 31 December 2021 31,000
AMORTISATION
At 1 January 2021
and 31 December 2021 31,000
NET BOOK VALUE

At 31 December 2021 -
At 31 December 2020 -

J.H. Powell Limited (Registered number: 04980318)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2021
and 31 December 2021 4,697
DEPRECIATION
At 1 January 2021 4,244
Charge for year 113
At 31 December 2021 4,357
NET BOOK VALUE
At 31 December 2021 340
At 31 December 2020 453