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31/12/2020
2020-12-31
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No description of principal activities is disclosed
2020-01-01
Sage Accounts Production 2020 Update 1 - FRS102_2019
xbrli:pure
xbrli:shares
iso4217:GBP
10514829
2020-01-01
2020-12-31
10514829
2020-12-31
10514829
2019-12-31
10514829
2019-01-01
2019-12-31
10514829
2019-12-31
10514829
2018-12-31
10514829
bus:RegisteredOffice
2020-01-01
2020-12-31
10514829
bus:LeadAgentIfApplicable
2020-01-01
2020-12-31
10514829
bus:Director1
2020-01-01
2020-12-31
10514829
bus:Director2
2020-01-01
2020-12-31
10514829
core:MotorVehicles
2019-12-31
10514829
core:MotorVehicles
2020-12-31
10514829
core:WithinOneYear
2020-12-31
10514829
core:WithinOneYear
2019-12-31
10514829
core:RetainedEarningsAccumulatedLosses
2019-01-01
2019-12-31
10514829
core:RetainedEarningsAccumulatedLosses
2020-01-01
2020-12-31
10514829
core:MotorVehicles
2020-01-01
2020-12-31
10514829
core:ShareCapital
2020-12-31
10514829
core:ShareCapital
2019-12-31
10514829
core:RetainedEarningsAccumulatedLosses
2020-12-31
10514829
core:RetainedEarningsAccumulatedLosses
2019-12-31
10514829
core:ShareCapital
2018-12-31
10514829
core:RetainedEarningsAccumulatedLosses
2018-12-31
10514829
core:MotorVehicles
2019-12-31
10514829
bus:Director1
2019-12-31
10514829
bus:Director1
2020-12-31
10514829
bus:Director1
2018-12-31
10514829
bus:Director1
2019-12-31
10514829
bus:Director1
2019-01-01
2019-12-31
10514829
bus:SmallEntities
2020-01-01
2020-12-31
10514829
bus:AuditExemptWithAccountantsReport
2020-01-01
2020-12-31
10514829
bus:FullAccounts
2020-01-01
2020-12-31
10514829
bus:SmallCompaniesRegimeForAccounts
2020-01-01
2020-12-31
10514829
bus:PrivateLimitedCompanyLtd
2020-01-01
2020-12-31
Company registration number:
10514829
Jackaman and Son (Building Contractors) Ltd
Unaudited filleted financial statements
31 December 2020
Jackaman and Son (Building Contractors) Ltd
Contents
Directors and other information
Accountant's report
Statement of financial position
Statement of changes in equity
Notes to the financial statements
Jackaman and Son (Building Contractors) Ltd
Directors and other information
|
|
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Directors
|
Mr Ashley Jackaman
|
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|
Mr Thomas Jackaman
|
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|
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|
Company number
|
10514829
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|
|
|
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|
Registered office
|
83-85 Derby Road
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|
Ipswich
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|
|
Suffolk
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|
IP3 8DL
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Business address
|
26 Freeman Avenue
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|
|
Henley
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|
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Ipswich
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Suffolk
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|
IP6 0EZ
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Accountant
|
Mark Talman
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83-85 Derby Road
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Ipswich
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Suffolk
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|
IP3 8DL
|
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|
Jackaman and Son (Building Contractors) Ltd
Accountants report to the board of directors on the preparation of the
unaudited statutory financial statements of Jackaman and Son (Building Contractors) Ltd
Year ended 31 December 2020
As described on the statement of financial position, the directors of the company are responsible for the preparation of the financial statements for the year ended 31 December 2020 which comprise the statement of financial position, statement of changes in equity and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.
Mark Talman
83-85 Derby Road
Ipswich
Suffolk
IP3 8DL
21 September 2021
Jackaman and Son (Building Contractors) Ltd
Statement of financial position
31 December 2020
|
|
|
2020
|
|
|
|
2019
|
|
|
|
|
Note
|
£
|
|
£
|
|
£
|
|
£
|
|
|
|
|
|
|
|
|
|
|
Fixed assets
|
|
|
|
|
|
|
|
|
|
Tangible assets
|
|
5
|
20,513
|
|
|
|
28,765
|
|
|
|
|
|
_______
|
|
|
|
_______
|
|
|
|
|
|
|
|
20,513
|
|
|
|
28,765
|
|
|
|
|
|
|
|
|
|
|
Current assets
|
|
|
|
|
|
|
|
|
|
Stocks
|
|
|
14,615
|
|
|
|
16,000
|
|
|
Debtors
|
|
6
|
42,289
|
|
|
|
22,449
|
|
|
Cash at bank and in hand
|
|
|
17,728
|
|
|
|
9,241
|
|
|
|
|
|
_______
|
|
|
|
_______
|
|
|
|
|
|
74,632
|
|
|
|
47,690
|
|
|
Creditors: amounts falling due
|
|
|
|
|
|
|
|
|
|
within one year
|
|
7
|
(
82,526)
|
|
|
|
(
52,236)
|
|
|
|
|
|
_______
|
|
|
|
_______
|
|
|
Net current liabilities
|
|
|
|
|
(
7,894)
|
|
|
|
(
4,546)
|
|
|
|
|
|
_______
|
|
|
|
_______
|
Total assets less current liabilities
|
|
|
|
|
12,619
|
|
|
|
24,219
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
_______
|
|
|
|
_______
|
Net assets
|
|
|
|
|
12,619
|
|
|
|
24,219
|
|
|
|
|
|
_______
|
|
|
|
_______
|
|
|
|
|
|
|
|
|
|
|
Capital and reserves
|
|
|
|
|
|
|
|
|
|
Called up share capital
|
|
|
|
|
1
|
|
|
|
1
|
Profit and loss account
|
|
|
|
|
12,618
|
|
|
|
24,218
|
|
|
|
|
|
_______
|
|
|
|
_______
|
Shareholders funds
|
|
|
|
|
12,619
|
|
|
|
24,219
|
|
|
|
|
|
_______
|
|
|
|
_______
|
|
|
|
|
|
|
|
|
|
|
For the year ending 31 December 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
-
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;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
21 September 2021
, and are signed on behalf of the board by:
Mr Ashley Jackaman
Director
Company registration number:
10514829
Jackaman and Son (Building Contractors) Ltd
Statement of changes in equity
Year ended 31 December 2020
|
|
Called up share capital
|
|
Profit and loss account
|
Total
|
|
|
|
|
|
|
|
£
|
|
£
|
£
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
At 1 January 2019
|
|
1
|
|
14,272
|
14,273
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Loss)/profit for the year
|
|
|
|
11,946
|
11,946
|
|
|
|
|
|
|
|
_______
|
|
_______
|
_______
|
|
|
|
|
|
Total comprehensive income for the year
|
|
-
|
|
11,946
|
11,946
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Dividends paid and payable
|
|
|
|
(
2,000)
|
(
2,000)
|
|
|
|
|
|
|
|
_______
|
|
_______
|
_______
|
|
|
|
|
|
Total investments by and distributions to owners
|
|
-
|
|
(
2,000)
|
(
2,000)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
_______
|
|
_______
|
_______
|
|
|
|
|
|
At 31 December 2019 and 1 January 2020
|
|
1
|
|
24,218
|
24,219
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Loss)/profit for the year
|
|
|
|
(
11,600)
|
(
11,600)
|
|
|
|
|
|
|
|
_______
|
|
_______
|
_______
|
|
|
|
|
|
Total comprehensive income for the year
|
|
-
|
|
(
11,600)
|
(
11,600)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
_______
|
|
_______
|
_______
|
|
|
|
|
|
At 31 December 2020
|
|
1
|
|
12,618
|
12,619
|
|
|
|
|
|
|
|
_______
|
|
_______
|
_______
|
|
|
|
|
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|
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Jackaman and Son (Building Contractors) Ltd
Notes to the financial statements
Year ended 31 December 2020
1.
General information
The company is a private company limited by shares, registered in England. The address of the registered office is 83-85 Derby Road, Ipswich, Suffolk, IP3 8DL.
2.
Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. The Triennial review 2017 amendments to the standard have been early adopted.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
2
(2019:
2
).
5.
Tangible assets
|
|
Motor vehicles
|
Total
|
|
|
|
|
|
|
|
£
|
£
|
|
|
|
|
|
|
Cost
|
|
|
|
|
|
|
|
|
At 1 January 2020
|
54,354
|
54,354
|
|
|
|
|
|
|
Disposals
|
(
3,750)
|
(
3,750)
|
|
|
|
|
|
|
|
_______
|
_______
|
|
|
|
|
|
|
At 31 December 2020
|
50,604
|
50,604
|
|
|
|
|
|
|
|
_______
|
_______
|
|
|
|
|
|
|
Depreciation
|
|
|
|
|
|
|
|
|
At 1 January 2020
|
25,589
|
25,589
|
|
|
|
|
|
|
Charge for the year
|
4,502
|
4,502
|
|
|
|
|
|
|
|
_______
|
_______
|
|
|
|
|
|
|
At 31 December 2020
|
30,091
|
30,091
|
|
|
|
|
|
|
|
_______
|
_______
|
|
|
|
|
|
|
Carrying amount
|
|
|
|
|
|
|
|
|
At 31 December 2020
|
20,513
|
20,513
|
|
|
|
|
|
|
|
_______
|
_______
|
|
|
|
|
|
|
At 31 December 2019
|
28,765
|
28,765
|
|
|
|
|
|
|
|
_______
|
_______
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
6.
Debtors
|
|
|
2020
|
2019
|
|
|
|
£
|
£
|
|
Trade debtors
|
|
-
|
7,690
|
|
Other debtors
|
|
42,289
|
14,759
|
|
|
|
_______
|
_______
|
|
|
|
42,289
|
22,449
|
|
|
|
_______
|
_______
|
|
|
|
|
|
7.
Creditors: amounts falling due within one year
|
|
|
2020
|
2019
|
|
|
|
£
|
£
|
|
Bank loans and overdrafts
|
|
50,000
|
-
|
|
Trade creditors
|
|
2,065
|
21,099
|
|
Corporation tax
|
|
4,132
|
4,578
|
|
Social security and other taxes
|
|
20,212
|
21,676
|
|
Other creditors
|
|
6,117
|
4,883
|
|
|
|
_______
|
_______
|
|
|
|
82,526
|
52,236
|
|
|
|
_______
|
_______
|
|
|
|
|
|
8.
Directors advances, credits and guarantees
|
During the year the directors entered into the following advances and credits with the company:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2020
|
|
|
|
|
|
|
|
|
|
Balance brought forward
|
Advances /(credits) to the directors
|
Amounts repaid
|
Balance o/standing
|
|
|
|
|
£
|
£
|
£
|
£
|
|
|
|
Mr Ashley Jackaman
|
14,759
|
82,537
|
(
55,007)
|
42,289
|
|
|
|
|
_______
|
_______
|
_______
|
_______
|
|
|
|
|
|
|
|
|
|
|
2019
|
|
|
|
|
|
|
|
|
|
Balance brought forward
|
Advances /(credits) to the directors
|
Amounts repaid
|
Balance o/standing
|
|
|
|
|
£
|
£
|
£
|
£
|
|
|
|
Mr Ashley Jackaman
|
(
30,787)
|
84,444
|
(
38,898)
|
14,759
|
|
|
|
|
_______
|
_______
|
_______
|
_______
|
|
|
|
|
|
|
|
|
|
|