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REGISTERED NUMBER: 01438861 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31st December 2016

for

Boydell & Jacks Limited

Boydell & Jacks Limited (Registered number: 01438861)






Contents of the Financial Statements
for the Year Ended 31st December 2016




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Boydell & Jacks Limited

Company Information
for the Year Ended 31st December 2016







DIRECTORS: S A Jacks
C M Jacks
P J Halstead
A M Knight





SECRETARY: Mrs C A Starkey





REGISTERED OFFICE: Wingard House
Healey Wood
Industrial Estate
Burnley
BB11 2HW





REGISTERED NUMBER: 01438861 (England and Wales)

Boydell & Jacks Limited (Registered number: 01438861)

Balance Sheet
31st December 2016

31.12.16 31.12.15
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 2,576 3,299
Tangible assets 5 411,852 398,177
414,428 401,476

CURRENT ASSETS
Stocks 528,941 443,767
Debtors 6 1,093,328 1,143,992
Cash at bank and in hand 248,510 356,634
1,870,779 1,944,393
CREDITORS
Amounts falling due within one year 7 1,246,012 825,441
NET CURRENT ASSETS 624,767 1,118,952
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,039,195

1,520,428

PROVISIONS FOR LIABILITIES 40,360 34,881
NET ASSETS 998,835 1,485,547

CAPITAL AND RESERVES
Called up share capital 1,100 1,060
Share premium 50,940 50,940
Retained earnings 946,795 1,433,547
SHAREHOLDERS' FUNDS 998,835 1,485,547

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2016.

The members have not required the Company to obtain an audit of its financial statements for the year ended 31st December 2016 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.

Boydell & Jacks Limited (Registered number: 01438861)

Balance Sheet - continued
31st December 2016


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 23rd August 2017 and were signed on its behalf
by:




S A Jacks - Director



C M Jacks - Director


Boydell & Jacks Limited (Registered number: 01438861)

Notes to the Financial Statements
for the Year Ended 31st December 2016

1. STATUTORY INFORMATION

Boydell & Jacks 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 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. The financial statements have been prepared under the historical cost convention.

These financial statement for the year ended 31 December 2016 are the first financial statements that comply
with FRS 102 Section 1A "Small Entities". The date of transition is 1 January 2014.

In the transition to FRS 102 Section 1A "Small Entities" from UK GAAP, the company has made no
measurement and recognition adjustments.

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

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.

Patents and licences are being amortised evenly over their estimated useful life of twenty years.

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% Straight Line Basis
Long leasehold - Amortised over Period of the Lease
Plant and machinery - 25% Straight Line Basis and 10% Straight Line Basis
Fixtures and fittings - 25% Straight Line Basis
Motor vehicles - 25% Straight Line Basis

Stocks
Stocks are valued at the lower of cost and estimated selling price less costs to sell, after making due allowance
for obsolete and slow moving items.

For work in progress and finished goods manufactured by the company, cost is taken as production cost, which
includes an appropriate proportion of attributable overheads.

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12
'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statements if financial position when the company
becomes party to the contractual provisions of the instrument.

Basic financial instruments are recognised at amortised cost with changes recognised in the income statement.


Boydell & Jacks Limited (Registered number: 01438861)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2016

2. ACCOUNTING POLICIES - continued
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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet 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.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at
the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the
period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 44 .

Boydell & Jacks Limited (Registered number: 01438861)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2016

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1st January 2016
and 31st December 2016 14,452
AMORTISATION
At 1st January 2016 11,153
Charge for year 723
At 31st December 2016 11,876
NET BOOK VALUE
At 31st December 2016 2,576
At 31st December 2015 3,299

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st January 2016 405,600 1,788,542 2,194,142
Additions 4,826 73,542 78,368
Disposals - (26,765 ) (26,765 )
At 31st December 2016 410,426 1,835,319 2,245,745
DEPRECIATION
At 1st January 2016 217,224 1,578,741 1,795,965
Charge for year 8,116 56,577 64,693
Eliminated on disposal - (26,765 ) (26,765 )
At 31st December 2016 225,340 1,608,553 1,833,893
NET BOOK VALUE
At 31st December 2016 185,086 226,766 411,852
At 31st December 2015 188,376 209,801 398,177

The market value of the freehold property and short term leasehold property are in the opinion of the directors
not materially different to their net book value.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.16 31.12.15
£    £   
Trade debtors 1,010,377 957,811
Other debtors 82,951 186,181
1,093,328 1,143,992

Boydell & Jacks Limited (Registered number: 01438861)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2016

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.16 31.12.15
£    £   
Trade creditors 827,128 519,731
Taxation and social security 184,001 202,176
Other creditors 234,883 103,534
1,246,012 825,441

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.12.16 31.12.15
£    £   
Within one year 83,423 50,500
Between one and five years 121,447 123,903
In more than five years 217,000 232,500
421,870 406,903

9. SECURED DEBTS

The following secured debts are included within creditors:

31.12.16 31.12.15
£    £   
Pension scheme loan 36,000 5,500

The loan borrowed from The Jacks Group Executive Pension Scheme is secured by legal charges on units 21-23
Marlborough Street, Burnley. The loan was satisfied in full after the year end.

The company's bank facilities are secured by a debenture in favour of Barclays Bank plc over the whole of the
undertaking its property and assets. The company's overdraft at 31 December 2016 amounted to £nil.

10. ULTIMATE CONTROLLING PARTY

The company was controlled throughout the year by the Directors, Mr S A Jacks and Mr C M Jacks.