Company Registration No. 6433904 (England and Wales)
J B HILL TRADING LIMITED
Unaudited accounts
for the year ended 31 December 2021
J B HILL TRADING LIMITED
Unaudited accounts
Contents
J B HILL TRADING LIMITED
Company Information
for the year ended 31 December 2021
Directors
Jonathan Hill
Christine Phillips
Company Number
6433904 (England and Wales)
Registered Office
UNIT 72 THE WASHFORD INDUSTRIAL ESTATE
HEMING ROAD
REDDITCH
B98 0EA
Accountants
Freeman Bookkeeping & Accounts Ltd
Badger House
Oldmixon Crescent
Weston Super Mare
Somerset
BS24 9AY
J B HILL TRADING LIMITED
Statement of financial position
as at
31 December 2021
Intangible assets
177
230
Tangible assets
1,618
1,532
Cash at bank and in hand
25,419
69,679
Creditors: amounts falling due within one year
(60,569)
(118,015)
Net current assets
45,193
38,147
Total assets less current liabilities
46,988
39,909
Provisions for liabilities
Other provisions
-
(7,857)
Called up share capital
100
100
Profit and loss account
46,888
31,952
Shareholders' funds
46,988
32,052
For the year ending 31 December 2021 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 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 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 of Directors and authorised for issue on 28 December 2022 and were signed on its behalf by
Jonathan Hill
Director
Company Registration No. 6433904
J B HILL TRADING LIMITED
Notes to the Accounts
for the year ended 31 December 2021
J B HILL TRADING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 6433904. The registered office is UNIT 72 THE WASHFORD INDUSTRIAL ESTATE, HEMING ROAD, REDDITCH, B98 0EA.
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:
Plant & machinery
20% Straight Line
Motor vehicles
25% Reducing Balance
Fixtures & fittings
20% Straight Line
Computer equipment
33% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
J B HILL TRADING LIMITED
Notes to the Accounts
for the year ended 31 December 2021
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2021
8,540
2,990
11,421
11,495
34,446
Additions
180
-
-
400
580
At 31 December 2021
8,720
2,990
11,421
11,895
35,026
At 1 January 2021
7,967
2,044
11,408
11,495
32,914
Charge for the year
164
237
13
80
494
At 31 December 2021
8,131
2,281
11,421
11,575
33,408
At 31 December 2021
589
709
-
320
1,618
At 31 December 2020
573
946
13
-
1,532
Amounts falling due within one year
Trade debtors
65,330
71,701
Accrued income and prepayments
2,552
2,552
Other debtors
5,391
4,750
7
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
8,205
4,690
Trade creditors
16,665
58,928
Taxes and social security
14,204
13,444
Loans from directors
459
6,317
8
Operating lease commitments
2021
2020
At 31 December 2021 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Later than five years
-
43,383
9
Average number of employees
During the year the average number of employees was 3 (2020: 3).