IRIS Accounts Production v22.1.2.16 04619121 director 1.1.21 31.12.21 31.12.21 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure046191212020-12-31046191212021-12-31046191212021-01-012021-12-31046191212019-12-31046191212020-01-012020-12-31046191212020-12-3104619121ns16:EnglandWales2021-01-012021-12-3104619121ns15:PoundSterling2021-01-012021-12-3104619121ns11:Director12021-01-012021-12-3104619121ns11:PrivateLimitedCompanyLtd2021-01-012021-12-3104619121ns11:SmallEntities2021-01-012021-12-3104619121ns11:AuditExempt-NoAccountantsReport2021-01-012021-12-3104619121ns11:SmallCompaniesRegimeForDirectorsReport2021-01-012021-12-3104619121ns11:SmallCompaniesRegimeForAccounts2021-01-012021-12-3104619121ns11:FullAccounts2021-01-012021-12-310461912112021-01-012021-12-3104619121ns11:CompanySecretary12021-01-012021-12-3104619121ns11:RegisteredOffice2021-01-012021-12-3104619121ns6:CurrentFinancialInstruments2021-12-3104619121ns6:CurrentFinancialInstruments2020-12-3104619121ns6:Non-currentFinancialInstruments2021-12-3104619121ns6:Non-currentFinancialInstruments2020-12-3104619121ns6:ShareCapital2021-12-3104619121ns6:ShareCapital2020-12-3104619121ns6:RetainedEarningsAccumulatedLosses2021-12-3104619121ns6:RetainedEarningsAccumulatedLosses2020-12-3104619121ns6:NetGoodwill2021-01-012021-12-3104619121ns6:IntangibleAssetsOtherThanGoodwill2021-01-012021-12-3104619121ns6:OwnedOrFreeholdAssetsns6:LandBuildings2021-01-012021-12-3104619121ns6:PlantMachinery2021-01-012021-12-3104619121ns6:FurnitureFittings2021-01-012021-12-3104619121ns6:ComputerEquipment2021-01-012021-12-3104619121ns6:NetGoodwill2020-12-3104619121ns6:NetGoodwill2021-12-3104619121ns6:NetGoodwill2020-12-3104619121ns6:LandBuildings2020-12-3104619121ns6:PlantMachinery2020-12-3104619121ns6:FurnitureFittings2020-12-3104619121ns6:ComputerEquipment2020-12-3104619121ns6:LandBuildings2021-01-012021-12-3104619121ns6:LandBuildings2021-12-3104619121ns6:PlantMachinery2021-12-3104619121ns6:FurnitureFittings2021-12-3104619121ns6:ComputerEquipment2021-12-3104619121ns6:LandBuildings2020-12-3104619121ns6:PlantMachinery2020-12-3104619121ns6:FurnitureFittings2020-12-3104619121ns6:ComputerEquipment2020-12-3104619121ns6:WithinOneYearns6:CurrentFinancialInstruments2021-12-3104619121ns6:WithinOneYearns6:CurrentFinancialInstruments2020-12-31
REGISTERED NUMBER: 04619121 (England and Wales)



















Unaudited Financial Statements for the Year Ended 31 December 2021

for

D H Jones Limited

D H Jones Limited (Registered number: 04619121)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


D H Jones Limited

Company Information
for the Year Ended 31 December 2021







DIRECTOR: D H Jones





SECRETARY: D V Evans FCA





REGISTERED OFFICE: D H Jones Limited
Unit 6
Bala Industrial Estate
Bala
Gwynedd
LL23 7NL





REGISTERED NUMBER: 04619121 (England and Wales)





ACCOUNTANTS: Hill & Roberts Limited
50 High Street
Mold
Flintshire
CH7 1BH

D H Jones Limited (Registered number: 04619121)

Statement of Financial Position
31 December 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,038,873 1,054,325
1,038,873 1,054,325

CURRENT ASSETS
Stocks 481,515 405,761
Debtors 6 191,824 163,670
Cash at bank and in hand 302,948 175,028
976,287 744,459
CREDITORS
Amounts falling due within one year 7 366,305 377,880
NET CURRENT ASSETS 609,982 366,579
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,648,855

1,420,904

CREDITORS
Amounts falling due after more than one
year

8

-

(66,558

)

PROVISIONS FOR LIABILITIES (53,563 ) (52,807 )
NET ASSETS 1,595,292 1,301,539

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,595,192 1,301,439
SHAREHOLDERS' FUNDS 1,595,292 1,301,539

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.

D H Jones Limited (Registered number: 04619121)

Statement of Financial Position - continued
31 December 2021


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 August 2022 and were signed by:





D H Jones - Director


D H Jones Limited (Registered number: 04619121)

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

1. STATUTORY INFORMATION

D H Jones 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.

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


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 recognised when, and to the extent that, the company obtains the right to consideration. The point of recognition is when the risks and rewards of ownerships of the asset has been transferred from seller to buyer. Turnover excludes value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2002, 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.
Freehold property - 2% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


D H Jones Limited (Registered number: 04619121)

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

2. ACCOUNTING POLICIES - continued
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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2020 - 11 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2021
and 31 December 2021 28,555
AMORTISATION
At 1 January 2021
and 31 December 2021 28,555
NET BOOK VALUE
At 31 December 2021 -
At 31 December 2020 -

D H Jones Limited (Registered number: 04619121)

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

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 January 2021 971,635 736,120 11,975 11,214 1,730,944
Additions - 191,408 3,332 - 194,740
Disposals - (190,097 ) - - (190,097 )
At 31 December 2021 971,635 737,431 15,307 11,214 1,735,587
DEPRECIATION
At 1 January 2021 195,240 459,740 11,403 10,236 676,619
Charge for year 19,433 92,750 976 245 113,404
Eliminated on disposal - (93,309 ) - - (93,309 )
At 31 December 2021 214,673 459,181 12,379 10,481 696,714
NET BOOK VALUE
At 31 December 2021 756,962 278,250 2,928 733 1,038,873
At 31 December 2020 776,395 276,380 572 978 1,054,325

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade debtors 191,824 152,796
Other debtors - 10,874
191,824 163,670

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Bank loans and overdrafts - 20,629
Hire purchase contracts - 5,568
Trade creditors 93,606 99,661
Taxation and social security 102,016 81,436
Other creditors 170,683 170,586
366,305 377,880

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2021 2020
£    £   
Bank loans - 66,558