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Company Registration No. 08091666 (England and Wales)
J Smith & Sons (Broxbourne) Ltd Unaudited accounts for the year ended 31 March 2022
J Smith & Sons (Broxbourne) Ltd Unaudited accounts Contents
Page
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J Smith & Sons (Broxbourne) Ltd Company Information for the year ended 31 March 2022
Director
Peter Smith
Company Number
08091666 (England and Wales)
Registered Office
70 WOOD STREET LONDON E17 3HT
Accountants
NRM Accountancy Services Ltd 70 Wood Street Walthamstow London E17 3HT
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J Smith & Sons (Broxbourne) Ltd Statement of financial position as at 31 March 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
23,318 
7,381 
Current assets
Debtors
4,829 
621 
Cash at bank and in hand
1,090 
1,535 
5,919 
2,156 
Creditors: amounts falling due within one year
(40,923)
(9,494)
Net current liabilities
(35,004)
(7,338)
Net (liabilities)/assets
(11,686)
43 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(11,786)
(57)
Shareholders' funds
(11,686)
43 
For the year ending 31 March 2022 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 11 September 2022 and were signed on its behalf by
Peter Smith Director Company Registration No. 08091666
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J Smith & Sons (Broxbourne) Ltd Notes to the Accounts for the year ended 31 March 2022
1
Statutory information
J Smith & Sons (Broxbourne) Ltd is a private company, limited by shares, registered in England and Wales, registration number 08091666. The registered office is 70 WOOD STREET, LONDON, E17 3HT.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
18% reducing balance basis.
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 April 2021
22,990 
Additions
17,449 
At 31 March 2022
40,439 
Depreciation
At 1 April 2021
15,609 
Charge for the year
1,512 
At 31 March 2022
17,121 
Net book value
At 31 March 2022
23,318 
At 31 March 2021
7,381 
5
Debtors: amounts falling due within one year
2022 
2021 
£ 
£ 
Trade debtors
3,480 
- 
Other debtors
1,349 
621 
4,829 
621 
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J Smith & Sons (Broxbourne) Ltd Notes to the Accounts for the year ended 31 March 2022
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Taxes and social security
- 
2,467 
Loans from directors
39,193 
5,297 
Accruals
1,730 
1,730 
40,923 
9,494 
7
Average number of employees
During the year the average number of employees was 2 (2021: 2).
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