REGISTERED NUMBER: 01870994 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31ST JULY 2013

FOR

JACKMARK ENGINEERING LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr D G Sutton

Ms K Tudor-Jackson

REGISTERED OFFICE:

Jackmark House

Scott Lidgett Road

Longport

Stoke on Trent

Staffordshire

ST6 4NH

REGISTERED NUMBER:

01870994 (England and Wales)

ACCOUNTANTS:

Howards Limited

Chartered Certified Accountants

Newport House

Newport Road

Stafford

Staffordshire

ST16 1DA

FIXED ASSETS

Tangible assets

2

89,460

190,002

CURRENT ASSETS

Stocks

7,141

7,224

Debtors

943,676

897,671

Cash at bank and in hand

347,359

257,358

1,298,176

1,162,253

CREDITORS

Amounts falling due within one year

557,424

640,269

NET CURRENT ASSETS

740,752

521,984

TOTAL ASSETS LESS CURRENT LIABILITIES

830,212

711,986

PROVISIONS FOR LIABILITIES

9,169

11,117

NET ASSETS

821,043

700,869

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

820,943

700,769

SHAREHOLDERS' FUNDS

821,043

700,869

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 2013 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 8th April 2014 and were signed on its behalf by:

Ms K Tudor-Jackson - Director

Mr D G Sutton - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared in accordance with the special provisions of part 15 of the

Companies Act 2006 and with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Accounting convention

The financial statements have been prepared under the historical cost convention and are in accordance with

applicable accounting standards.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

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 of buildings

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

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.

Deferred tax

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

balance sheet date.

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 the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st August 2012

569,239

Disposals

(116,265

)

At 31st July 2013

452,974

DEPRECIATION

At 1st August 2012

379,237

Charge for year

11,541

Eliminated on disposal

(27,264

)

At 31st July 2013

363,514

NET BOOK VALUE

At 31st July 2013

89,460

At 31st July 2012

190,002

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

100

Ordinary

£1

100

100

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st July 2013 and

31st July 2012:

2013

2012

£

£

Ms K Tudor-Jackson

Balance outstanding at start of year

1,125

1,125

Amounts advanced

71,971

-

Amounts repaid

(73,000

)

-

Balance outstanding at end of year

96

1,125

Overdrawn Directors Loan Account was repaid after the year end but within 9 months, therefore no S455 tax

due.

5.	RELATED PARTY DISCLOSURES

During the year, total dividends of £73,000 (2012 - £40,000) were paid to the directors .

During the year the company made sales and invoiced management charges to Jackmark International Limited,

a company in which K Tudor-Jackson and D G Sutton are both directors and have the following shareholding, K

Tudor-Jackson 50 ordinary A shares and 50 ordinary B shares. The total value of sales during the year was

£1,263,670 and the management charge was £100,000 with an outstanding balance of £508,922 at the year

end.

Transactions between Jackmark Engineering Limited and Jackmark International Limited are conducted on

commercial terms at arms length prices.