JS ROOFING & BUILDING LTD

Company Registration Number:
08440646 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2017

Period of accounts

Start date: 01 April 2016

End date: 31 March 2017

JS ROOFING & BUILDING LTD

Contents of the Financial Statements

for the Period Ended 31 March 2017

Company Information - 3
Profit and Loss Account - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 8

JS ROOFING & BUILDING LTD

Company Information

for the Period Ended 31 March 2017




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

JS ROOFING & BUILDING LTD

Profit and Loss Account

for the Period Ended 31 March 2017


Notes

2017
£

2016
£
Turnover 1,162,429 928,497
Cost of sales (933,388) (747,559)
Gross Profit or (Loss) 229,041 180,938
Administrative Expenses (136,895) (123,816)
Operating Profit or (Loss) 92,146 57,122
Profit or (Loss) Before Tax 92,146 57,122
Tax on Profit (21,245) (10,710)
Profit or (Loss) for Period 70,901 46,412

The notes form part of these financial statements

JS ROOFING & BUILDING LTD

Balance sheet

As at 31 March 2017


Notes

2017
£

2016
£
Fixed assets
Tangible assets: 2 16,200 30,967
Total fixed assets: 16,200 30,967
Current assets
Stocks: 12,000 55,000
Debtors: 3 100,228 69,371
Cash at bank and in hand: 42,486 41,499
Total current assets: 154,714 165,870
Creditors: amounts falling due within one year: 4 ( 166,267 ) ( 193,811 )
Net current assets (liabilities): ( 11,553 ) ( 27,941 )
Total assets less current liabilities: 4,647 3,026
Total net assets (liabilities): 4,647 3,026

The notes form part of these financial statements

JS ROOFING & BUILDING LTD

Balance sheet continued

As at 31 March 2017


Notes

2017
£

2016
£
Capital and reserves
Called up share capital: 1,100 1,000
Profit and loss account: 3,547 2,026
Shareholders funds: 4,647 3,026

For the year ending 31 March 2017 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 1 October 2017
And 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 2017

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The turnover shown in the profit and loss account represents revenue earned during the period, exclusive 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 2017

2. Tangible assets

Plant & machinery Motor vehicles Total
Cost £ £ £
At 01 April 2016 28,868 44,000 72,868
Additions - 4,000 4,000
Disposals - - -
Revaluations - - -
Transfers - - -
At 31 March 2017 28,868 48,000 76,868
Depreciation
At 01 April 2016 17,901 24,000 41,901
Charge for year 7,217 11,550 18,767
On disposals - - -
Other adjustments - - -
At 31 March 2017 25,118 35,550 60,668
Net book value
At 31 March 2017 3,750 12,450 16,200
At 31 March 2016 10,967 20,000 30,967

JS ROOFING & BUILDING LTD

Notes to the Financial Statements

for the Period Ended 31 March 2017

3. Debtors


2017
£

2016
£
Trade debtors 100,228 69,371
Total 100,228 69,371

JS ROOFING & BUILDING LTD

Notes to the Financial Statements

for the Period Ended 31 March 2017

4.Creditors: amounts falling due within one year note


2017
£

2016
£
Trade creditors 34,652 42,854
Taxation and social security 61,674 40,243
Accruals and deferred income 6,474 832
Other creditors 63,467 109,882
Total 166,267 193,811

Included in other creditors is Mr S Meigh's director's current account balance of £63,467, (2016: £109,882).