JS ROOFING & BUILDING LTD

Company Registration Number:
08440646 (England and Wales)

Report of the Directors and Unaudited Financial Statements

Period of accounts

Start date: 01 April 2015

End date: 31 March 2016

JS ROOFING & BUILDING LTD

Contents of the Financial Statements

for the Period Ended 31 March 2016

Company Information
Report of the Directors
Profit and Loss Account
Gains and Losses
Balance sheet
Notes to the Financial Statements

JS ROOFING & BUILDING LTD

Company Information

for the Period Ended 31 March 2016




Director: S Meigh
A Slights
Registered office: 12
Tolroy Road
St Erth Praze
Cornwall
TR27 6EA
Company Registration Number: 08440646 (England and Wales)

JS ROOFING & BUILDING LTD

Directors' Report Period Ended 31 March 2016

The directors present their report with the financial statements of the company for the period ended 31 March 2016

Principal activities

The principal activity of the company is that of buildings and roofing repairs and maintenance.

Directors
The directors shown below have held office during the whole of the period from
01 April 2015 to 31 March 2016
S Meigh

The director(s) shown below resigned during the period
A Slights on 07 December 2015

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on 09 August 2016
And Signed On Behalf Of The Board By:

Name: S Meigh
Status: Director

JS ROOFING & BUILDING LTD

Profit and Loss Account

for the Period Ended 31 March 2016


Notes

2016
£

2015
£
Turnover: 928,497 917,092
Cost of sales: ( 747,559 ) ( 791,350 )
Gross profit or (loss): 180,938 125,742
Administrative expenses: ( 123,816 ) ( 81,911 )
Operating profit or (loss): 57,122 43,831
Profit or (loss) on ordinary activities before taxation: 57,122 43,831
Tax on profit or (loss) on ordinary activities: ( 10,710 ) ( 11,115 )
Profit or (loss) for the financial year: 46,412 32,716

The notes form part of these financial statements

JS ROOFING & BUILDING LTD

Statement of total recognised gains and losses

The company does not have any gains and losses other than Profit and Loss for the period to report

JS ROOFING & BUILDING LTD

Balance sheet

As at 31 March 2016


Notes

2016
£

2015
£
Fixed assets
Tangible assets: 2 30,967 28,234
Total fixed assets: 30,967 28,234
Current assets
Stocks: 55,000 48,000
Debtors: 3 69,371 84,413
Cash at bank and in hand: 41,499 21,532
Total current assets: 165,870 153,945
Creditors: amounts falling due within one year: 4 ( 193,811 ) ( 180,565 )
Net current assets (liabilities): ( 27,941 ) ( 26,620 )
Total assets less current liabilities: 3,026 1,614
Total net assets (liabilities): 3,026 1,614

The notes form part of these financial statements

JS ROOFING & BUILDING LTD

Balance sheet continued

As at 31 March 2016


Notes

2016
£

2015
£
Capital and reserves
Called up share capital: 5 1,000 1,000
Profit and loss account: 6 2,026 614
Shareholders funds: 3,026 1,614

For the year ending 31 March 2016 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the Board of Directors on 09 August 2016

SIGNED ON BEHALF OF THE BOARD BY:

Name: S Meigh
Status: Director

The notes form part of these financial statements

JS ROOFING & BUILDING LTD

Notes to the Financial Statements

for the Period Ended 31 March 2016

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities 2015.

    Turnover policy

    Turnover is shown net of VAT

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
    Plant & equipment: 25% straight line
    Motor vehicles: 25% straight line

JS ROOFING & BUILDING LTD

Notes to the Financial Statements

for the Period Ended 31 March 2016

  • 2. Tangible assets

    Land and buildings Plant and Machinery Fixtures and fittings Office Equipment Motor vehicles Total
    Cost £ £ £ £ £ £
    01 April 2015: - 21,368 - - 31,000 52,368
    Additions: - 7,500 - - 13,000 20,500
    Disposals: - - - - - 0
    Revaluations: - - - - - 0
    Transfers: - - - - - 0
    31 March 2016: - 28,868 - - 44,000 72,868
    Depreciation
    01 April 2015: - 10,684 - - 13,450 24,134
    Charge for year: - 7,217 - - 10,550 17,767
    On disposals: - - - - - 0
    Other adjustments: - - - - - 0
    31 March 2016: - 17,901 - - 24,000 41,901
    Net book value
    31 March 2016: - 10,967 - - 20,000 30,967
    31 March 2015: - 10,684 - - 17,550 28,234

JS ROOFING & BUILDING LTD

Notes to the Financial Statements

for the Period Ended 31 March 2016

  • 3. Debtors


    2016
    £

    2015
    £
    Trade debtors: 69,371 84,413
    Total: 69,371 84,413

JS ROOFING & BUILDING LTD

Notes to the Financial Statements

for the Period Ended 31 March 2016

  • 4. Creditors: amounts falling due within one year


    2016
    £

    2015
    £
    Trade creditors: 42,854 47,039
    Taxation and social security: 40,243 36,431
    Accruals and deferred income: 832 800
    Other creditors: 109,882 96,295
    Total: 193,811 180,565

    Included in other creditors is Mr S Meigh's director's loan account balance of £109,882 (2015: £87,485)

JS ROOFING & BUILDING LTD

Notes to the Financial Statements

for the Period Ended 31 March 2016

  • 5. Called up share capital

    Allotted, called up and paid

    Previous period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 1,000 1.00 1,000
    Preference shares: 0
    Total share capital (£): 1,000
    Current period
    2016
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 1,000 1.00 1,000
    Preference shares: 0
    Total share capital (£): 1,000

JS ROOFING & BUILDING LTD

Notes to the Financial Statements

for the Period Ended 31 March 2016

  • 6. Profit and loss account


    2016
    £

    2015
    £
    Opening balance: 614 9,898
    Profit or (loss) for the period: 46,412 32,716
    Equity dividends paid: ( 45,000 ) ( 42,000 )
    Retained profit: 2,026 614