Company Registration No. 02234336 (England and Wales)
J & G SMART (HOLDINGS) LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2015
J & G SMART (HOLDINGS) LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
J & G SMART (HOLDINGS) LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2015
31 March 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Investments
2
1,370,000
1,370,000
Current assets
Debtors
186,460
186,460
Cash at bank and in hand
7,454
10,267
193,914
196,727
Creditors: amounts falling due within one year
(550,686)
(552,999)
Net current liabilities
(356,772)
(356,272)
Total assets less current liabilities
1,013,228
1,013,728
Creditors: amounts falling due after more than one year
(2,000)
(2,000)
1,011,228
1,011,728
Capital and reserves
Called up share capital
3
479,000
479,000
Profit and loss account
532,228
532,728
Shareholders' funds
1,011,228
1,011,728
For the financial year ended 31 March 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 29 September 2015
Mr J G Smart
Director
Company Registration No. 02234336
J & G SMART (HOLDINGS) LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Investments
Fixed asset investments are stated at cost less provision for diminution in value.
1.4
Group accounts
The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise a small-sized group. The company has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.
2
Fixed assets
Investments
£
Cost
At 1 April 2014 & at 31 March 2015
1,370,000
At 31 March 2014
1,370,000
Holdings of more than 20%
The company holds more than 20% of the share capital of the following companies:
Company
Country of registration or
Shares held
incorporation
Class
%
Subsidiary undertakings
CAP Productions Ltd
England & Wales
Ordinary
100.00
G V Ehrhardt & Hereward Ltd
England & Wales
Ordinary
100.00
Capco Presswork Ltd
England & Wales
Ordinary
100.00
J & G Smart (Engineers) Ltd
England & Wales
Ordinary
100.00
Domenuts Ltd
England & Wales
Ordinary
100.00
Participating interests
Capco Palmer Steels Ltd
England & Wales
Ordinary
25.00
J & G SMART (HOLDINGS) LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2015
2
Fixed assets
(Continued)
- 3 -
The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:
Capital and reserves
Profit/(loss) for the year
2015
2015
Principal activity
£
£
CAP Productions Ltd
The supply of turned parts, pressing and fasteners to the engineering, electrical and allied trades.
882,480
7,293
G V Ehrhardt & Hereward Ltd
The manufacture of repetition turned parts, screws and fasteners for all trades
309,803
(180,641)
Capco Presswork Ltd
The manufacture of metal pressings and contract tooling.
(667,444)
2,011
J & G Smart (Engineers) Ltd
Dormant
1,643
-
Domenuts Ltd
Dormant
2
-
Capco Palmer Steels Ltd
Steel stockholders
998,295
48,341
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
479,000 Ordinary shares of £1 each
479,000
479,000