REGISTERED NUMBER:
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JAMES HOLDSWORTH & BROTHERS GROUP |
LIMITED |
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UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2019 |
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REGISTERED NUMBER:
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JAMES HOLDSWORTH & BROTHERS GROUP |
LIMITED |
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UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2019 |
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JAMES HOLDSWORTH & BROTHERS GROUP |
LIMITED (REGISTERED NUMBER: 00275938) |
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CONTENTS OF THE FINANCIAL STATEMENTS |
for the year ended 31 August 2019 |
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Page |
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Company Information | 1 |
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Balance Sheet | 2 |
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Notes to the Financial Statements | 4 |
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JAMES HOLDSWORTH & BROTHERS GROUP |
LIMITED |
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COMPANY INFORMATION |
for the year ended 31 August 2019 |
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DIRECTORS: |
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SECRETARY: |
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REGISTERED OFFICE: |
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REGISTERED NUMBER: |
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ACCOUNTANTS: |
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Chartered Accountants |
Vernon House |
40 New North Road |
Huddersfield |
West Yorkshire |
HD1 5LS |
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BANKERS: |
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1 Westgate |
Huddersfield |
HD1 2DN |
JAMES HOLDSWORTH & BROTHERS GROUP |
LIMITED (REGISTERED NUMBER: 00275938) |
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BALANCE SHEET |
31 August 2019 |
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2019 | 2018 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
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Investments | 5 |
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Investment property | 6 |
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CURRENT ASSETS |
Debtors | 7 |
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Cash at bank and in hand |
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CREDITORS |
Amounts falling due within one year | 8 | ( |
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NET CURRENT LIABILITIES | ( |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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CREDITORS |
Amounts falling due after more than one
year |
9 |
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( |
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NET ASSETS |
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CAPITAL AND RESERVES |
Called up share capital |
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Non-distributable reserve | 11 |
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Retained earnings |
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SHAREHOLDERS' FUNDS |
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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. |
JAMES HOLDSWORTH & BROTHERS GROUP |
LIMITED (REGISTERED NUMBER: 00275938) |
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BALANCE SHEET - continued |
31 August 2019 |
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In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
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The financial statements were approved by the Board of Directors on
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JAMES HOLDSWORTH & BROTHERS GROUP |
LIMITED (REGISTERED NUMBER: 00275938) |
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NOTES TO THE FINANCIAL STATEMENTS |
for the year ended 31 August 2019 |
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1. | STATUTORY INFORMATION |
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James Holdsworth & Brothers Group Limited is a
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and Wales. The company's registered number and registered office address can be found on the Company |
Information page. |
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The presentation currency of the financial statements is the Pound Sterling (£). |
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2. | ACCOUNTING POLICIES |
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Basis of preparing the financial statements |
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Turnover |
Turnover represents net invoiced rents and service charges, excluding value added tax, recognised on an |
accruals basis. |
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Tangible fixed assets |
Fixed assets are fully depreciated. |
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Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
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Investment property |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in |
fair value is recognised in profit or loss. |
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3. | EMPLOYEES AND DIRECTORS |
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The average number of employees during the year was
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4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 September 2018 |
and 31 August 2019 |
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DEPRECIATION |
At 1 September 2018 |
and 31 August 2019 |
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NET BOOK VALUE |
At 31 August 2019 |
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JAMES HOLDSWORTH & BROTHERS GROUP |
LIMITED (REGISTERED NUMBER: 00275938) |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
for the year ended 31 August 2019 |
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5. | FIXED ASSET INVESTMENTS |
Shares in |
group |
undertakings |
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COST |
At 1 September 2018 |
and 31 August 2019 |
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NET BOOK VALUE |
At 31 August 2019 |
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At 31 August 2018 |
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6. | INVESTMENT PROPERTY |
Total |
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FAIR VALUE |
At 1 September 2018 |
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Revaluations | 310,000 |
At 31 August 2019 |
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NET BOOK VALUE |
At 31 August 2019 |
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At 31 August 2018 |
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Fair value at 31 August 2019 is represented by: |
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£ |
Valuation in 2019 | 2,690,000 |
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If investment properties had not been revalued they would have been included at the following historical cost: |
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2019 | 2018 |
£ | £ |
Cost | 2,355,008 | 2,355,008 |
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Investment properties were valued on an open market basis on 25 April 2019 by Bramleys . |
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7. | DEBTORS |
2019 | 2018 |
£ | £ |
Amounts falling due within one year: |
Trade debtors |
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Other debtors |
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JAMES HOLDSWORTH & BROTHERS GROUP |
LIMITED (REGISTERED NUMBER: 00275938) |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
for the year ended 31 August 2019 |
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7. | DEBTORS - continued |
2019 | 2018 |
£ | £ |
Amounts falling due after more than one year: |
Amounts owed by group undertakings |
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Aggregate amounts |
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8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2019 | 2018 |
£ | £ |
Bank loans and overdrafts |
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Trade creditors |
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Taxation and social security |
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Other creditors |
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9. |
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR |
2019 | 2018 |
£ | £ |
Bank loans |
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Other creditors |
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Amounts falling due in more than five years: |
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Repayable by instalments |
Property loan over 5 years | 12,379 | 22,759 |
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10. | SECURED DEBTS |
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The following secured debts are included within creditors: |
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2019 | 2018 |
£ | £ |
Bank overdraft |
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Bank loans |
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Handelsbanken PLC holds an unlimited guarantee for James Holdsworth & Brothers Group Limited. The |
guarantee is secured by a fixed and floating charge on the property, assets and undertakings of the group. |
JAMES HOLDSWORTH & BROTHERS GROUP |
LIMITED (REGISTERED NUMBER: 00275938) |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
for the year ended 31 August 2019 |
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11. | RESERVES |
Non-distributable |
reserve |
£ |
At 1 September 2018 |
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Revaluation | 310,000 |
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At 31 August 2019 |
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12. | RELATED PARTY DISCLOSURES |
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Loans owing to the directors on an interest free basis of £178,073 (2018 £133,389) were outstanding at the year |
end. |