Company registration number 04990422 (England and Wales)
J. M. DAVIES & SON LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
PAGES FOR FILING WITH REGISTRAR
J. M. DAVIES & SON LTD
COMPANY INFORMATION
Directors
Mr JM Davies (Deceased)
Mrs MF Davies
Secretary
Mrs MF Davies
Company number
04990422
Registered office
Brynfedwen Garage
Carmel
Llanelli
Carmarthenshire
SA14 7TH
Accountants
WBV Limited
The Third Floor
Langdon House, Langdon Road
SA1 Swansea Waterfront
Swansea
Wales
SA1 8QY
J. M. DAVIES & SON LTD
CONTENTS
Page
Accountants' report
1
Balance sheet and notes to the financial statements
2 - 3
J. M. DAVIES & SON LTD
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF J. M. DAVIES & SON LTD FOR THE YEAR ENDED 31 DECEMBER 2022
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of J. M. Davies & Son Ltd for the year ended 31 December 2022, which comprise the balance sheet, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.
This report is made solely to the board of directors of J. M. Davies & Son Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of J. M. Davies & Son Ltd and state those matters that we have agreed to state to the board of directors of J. M. Davies & Son Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than J. M. Davies & Son Ltd and its board of directors as a body, for our work or for this report.
It is your duty to ensure that J. M. Davies & Son Ltd has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that J. M. Davies & Son Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of J. M. Davies & Son Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
WBV Limited
20 March 2023
Chartered Accountants
The Third Floor
Langdon House, Langdon Road
SA1 Swansea Waterfront
Swansea
Wales
SA1 8QY
J. M. DAVIES & SON LTD
BALANCE SHEET
AS AT
31 DECEMBER 2022
31 December 2022
- 2 -
2022
2021
£
£
£
£
Fixed assets
6,188
7,400
Current assets
107,130
102,186
Creditors: amounts falling due within one year
(57,004)
(55,417)
Net current assets
50,126
46,769
Total assets less current liabilities
56,314
54,169
Net assets
56,314
54,169
Capital and reserves
56,314
54,169
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2022
2021
Number
Number
Employees
2
2
J. M. Davies & Son Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Brynfedwen Garage, Carmel, Llanelli, Carmarthenshire, SA14 7TH.
For the year ended 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
J. M. DAVIES & SON LTD
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2022
31 December 2022
- 3 -
The financial statements were approved by the board of directors and authorised for issue on 20 March 2023 and are signed on its behalf by:
Mrs MF Davies
Director
Company registration number 04990422 (England and Wales)
J. M. DAVIES & SON LTD
DETAILED BALANCE SHEET
AS AT
31 DECEMBER 2022
31 December 2022
- 4 -
2022
2021
£
£
£
£
Fixed assets
Tangible assets
6,188
7,400
Current assets
Stocks
4,623
3,681
Debtors
25,508
24,218
Cash at bank and in hand
76,999
74,287
107,130
102,186
Creditors: amounts falling due within one year
Loans and overdrafts
49,757
48,642
Taxation and social security
5,520
4,502
Other creditors
27
573
Accruals and deferred income
1,700
1,700
57,004
55,417
Net current assets
50,126
46,769
Net assets
56,314
54,169
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
56,214
54,069
Total equity
56,314
54,169