|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
JACK'S FISH AND CHIPS LIMITED |
|
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2018 |
|
|
|
|
|
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
JACK'S FISH AND CHIPS LIMITED |
|
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2018 |
|
|
|
|
|
JACK'S FISH AND CHIPS LIMITED (REGISTERED NUMBER: 01553547) |
|
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 SEPTEMBER 2018 |
|
|
|
|
|
|
|
|
|
|
Page |
|
Company Information | 1 |
|
Balance Sheet | 2 |
|
Notes to the Financial Statements | 4 |
|
JACK'S FISH AND CHIPS LIMITED |
|
COMPANY INFORMATION |
FOR THE YEAR ENDED 30 SEPTEMBER 2018 |
|
|
|
|
|
|
|
DIRECTOR: |
|
|
|
|
|
|
SECRETARY: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
JACK'S FISH AND CHIPS LIMITED (REGISTERED NUMBER: 01553547) |
|
BALANCE SHEET |
30 SEPTEMBER 2018 |
|
2018 | 2017 |
Notes | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
|
|
Tangible assets | 5 |
|
|
Investment property | 6 |
|
|
|
|
|
CURRENT ASSETS |
Debtors | 7 |
|
|
Cash at bank |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 8 | ( |
) | ( |
) |
NET CURRENT ASSETS |
|
|
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
|
CREDITORS |
Amounts falling due after more than one
year |
9 |
( |
) |
( |
) |
|
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
|
|
|
CAPITAL AND RESERVES |
Called up share capital |
|
|
Share premium |
|
|
Fair value reserve | 11 |
|
|
Capital redemption reserve |
|
|
Retained earnings |
|
|
SHAREHOLDERS' FUNDS |
|
|
|
|
|
|
|
The director acknowledges his 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. |
JACK'S FISH AND CHIPS LIMITED (REGISTERED NUMBER: 01553547) |
|
BALANCE SHEET - continued |
30 SEPTEMBER 2018 |
|
|
|
|
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
|
The financial statements were approved by the director on
|
|
|
|
|
|
|
|
JACK'S FISH AND CHIPS LIMITED (REGISTERED NUMBER: 01553547) |
|
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 SEPTEMBER 2018 |
|
|
1. | STATUTORY INFORMATION |
|
Jack's Fish and Chips Limited is a
|
Wales. The company's registered number and registered office address can be found on the Company |
Information page. |
|
The presentation currency of the financial statements is the Pound Sterling (£). |
|
|
2. | ACCOUNTING POLICIES |
|
Basis of preparing the financial statements |
|
|
Critical accounting judgements and key sources of estimation uncertainty |
The company's investment properties are valued at £2,713,945. |
|
The company's investment properties are valued by the director on an annual basis. |
|
The director is of the opinion that the estimates and assumptions used in the valuation of investment |
properties are appropriate. |
|
Intangible assets |
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured |
at cost less any accumulated amortisation and any accumulated impairment losses. |
|
|
|
Tangible fixed assets |
|
Fixtures and fittings | - |
|
|
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. |
|
Trade and other receivables |
Trade and other receivables are measured at transaction price less any impairment unless the |
arrangement constitutes a financing transaction in which case the transaction is measured at the |
present value of the future receipts discounted at the prevailing market rate of interest. Loans are |
initially measured at fair value and are subsequently measured at amortised cost using the effective |
interest method less any impairment. |
|
Trade and other payables |
Trade and other payables are measured at their transaction price unless the arrangement constitutes a |
financing transaction in which case the transaction is measured at present value of future payments |
discounted at prevailing market rate of interest. Other financial liabilities are initially measured at fair |
value net of their transaction costs. They are subsequently measured at amortised cost using the |
effective interest method. |
|
JACK'S FISH AND CHIPS LIMITED (REGISTERED NUMBER: 01553547) |
|
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 SEPTEMBER 2018 |
|
|
2. | ACCOUNTING POLICIES - continued |
Taxation |
Current tax is recognised for the amount of income tax payable in respect of the taxable profit for the |
current or past reporting periods using tax rates that have been enacted or substantively enacted by |
the reporting date. |
|
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax |
losses and other deferred tax assets are recognised only to the extent that it is probable that they will |
be recovered against future taxable profits or against the reversal of deferred tax liabilities. |
|
Deferred tax is calculated using tax rates that have been enacted or substantively enacted by the |
reporting date that are expected to apply to the reversal of the timing difference. |
|
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the |
company's pension scheme are charged to profit or loss in the period to which they relate. |
|
3. | EMPLOYEES AND DIRECTORS |
|
The average number of employees during the year was
|
|
4. | INTANGIBLE FIXED ASSETS |
Patents |
and |
licences |
£ |
COST |
At 1 October 2017 |
and 30 September 2018 |
|
AMORTISATION |
At 1 October 2017 |
and 30 September 2018 |
|
NET BOOK VALUE |
At 30 September 2018 |
|
At 30 September 2017 |
|
JACK'S FISH AND CHIPS LIMITED (REGISTERED NUMBER: 01553547) |
|
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 SEPTEMBER 2018 |
|
|
5. | TANGIBLE FIXED ASSETS |
Fixtures |
and |
fittings |
£ |
COST |
At 1 October 2017 |
and 30 September 2018 |
|
DEPRECIATION |
At 1 October 2017 |
|
Charge for year |
|
At 30 September 2018 |
|
NET BOOK VALUE |
At 30 September 2018 |
|
At 30 September 2017 |
|
|
6. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1 October 2017 |
and 30 September 2018 |
|
NET BOOK VALUE |
At 30 September 2018 |
|
At 30 September 2017 |
|
|
Investment properties were valued on an open market basis at 30 September 2018 by a director of the |
company. |
|
7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2018 | 2017 |
£ | £ |
Other debtors |
|
|
Other debtors | 116,026 | 84,868 |
Directors' loan accounts | 262,572 | 307,512 |
VAT |
|
|
Prepayments |
|
|
|
|
JACK'S FISH AND CHIPS LIMITED (REGISTERED NUMBER: 01553547) |
|
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 SEPTEMBER 2018 |
|
|
8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2018 | 2017 |
£ | £ |
Bank loans and overdrafts |
|
|
Corporation tax |
|
|
Other taxes and social |
security |
|
|
VAT | 1,489 | - |
Other creditors | ( |
) |
|
Other creditors | 30,265 | 32,655 |
Accruals and deferred income |
|
|
|
|
|
9. |
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR |
2018 | 2017 |
£ | £ |
Other loans |
|
|
|
10. | SECURED DEBTS |
|
The following secured debts are included within creditors: |
|
2018 | 2017 |
£ | £ |
Bank overdraft |
|
|
|
The above debts are secured by a legal charge over a number of the company's properties and related |
assets. |
|
11. | RESERVES |
Fair |
value |
reserve |
£ |
At 1 October 2017 |
|
Transfer between reserves | 1,547 |
|
At 30 September 2018 |
|
|
12. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
|
During the year the company received £45,000 from the director. Also during the year, the company |
loaned the director £60. At the year end, the director owed £262,572 to the company (2017 - |
£307,512). |