Company Registration No. 00177787 (England and Wales)
W.P. Jackson & Company Limited
Unaudited accounts
for the year ended 31 December 2019
W.P. Jackson & Company Limited
Company Information
for the year ended 31 December 2019
Company Number
00177787 (England and Wales)
Registered Office
91 Hardcastle Road
Edgeley
Stockport
SK3 9DE
W.P. Jackson & Company Limited
Statement of financial position
as at
31 December 2019
Tangible assets
325,000
325,000
Cash at bank and in hand
121,516
135,465
Creditors: amounts falling due within one year
(19,295)
(21,052)
Net current assets
314,409
302,768
Total assets less current liabilities
640,409
628,768
Creditors: amounts falling due after more than one year
(130,591)
(139,846)
Net assets
509,818
488,922
Called up share capital
878
878
Revaluation reserve
312,752
312,752
Capital redemption reserve
1,168
1,168
Profit and loss account
195,020
174,124
Shareholders' funds
509,818
488,922
For the year ending 31 December 2019 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 25 September 2020 and were signed on its behalf by
T Hughes
Director
Company Registration No. 00177787
W.P. Jackson & Company Limited
Notes to the Accounts
for the year ended 31 December 2019
W.P. Jackson & Company Limited is a private company, limited by shares, registered in England and Wales, registration number 00177787. The registered office is 91 Hardcastle Road, Edgeley, Stockport, SK3 9DE.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Land & buildings
Cost or valuation
At cost
At 1 January 2019
325,000
At 31 December 2019
325,000
At 31 December 2019
325,000
At 31 December 2018
325,000
The freehold land and buildings were valued on 21 November 2019 by JS:CS Chartered Surveyors and is based on the current market value of the property.
5
Investments
Subsidiary undertakings
Valuation at 1 January 2019
1,000
Valuation at 31 December 2019
1,000
W.P. Jackson & Company Limited
Notes to the Accounts
for the year ended 31 December 2019
Amounts due from group undertakings etc.
212,188
188,355
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Creditors: amounts falling due within one year
2019
2018
Bank loans and overdrafts
14,121
14,121
Taxes and social security
4,901
6,678
8
Creditors: amounts falling due after more than one year
2019
2018
Bank loans
130,591
139,846
9
Share capital
2019
2018
Allotted, called up and fully paid:
878 Ordinary shares of £1 each
878
878
10
Average number of employees
During the year the average number of employees was 0 (2018: 0).