Company Registration No. 10855912 (England and Wales)
St John Arnold & Ash Limited
Unaudited accounts
for the year ended 30 June 2020
St John Arnold & Ash Limited
Unaudited accounts
Contents
St John Arnold & Ash Limited
Company Information
for the year ended 30 June 2020
Director
Xavier Marc Archbold
Company Number
10855912 (England and Wales)
Registered Office
20 Davies Avenue
Leeds
LS8 1JY
United Kingdom
Accountants
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
St John Arnold & Ash Limited
Accountants' report
Accountants' report to the director of St John Arnold & Ash Limited on the preparation of the unaudited statutory accounts for the year ended 30 June 2020
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
St John Arnold & Ash Limited for the year ended
30 June 2020 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of St John Arnold & Ash Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of St John Arnold & Ash Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than St John Arnold & Ash Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that St John Arnold & Ash Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of St John Arnold & Ash Limited. You consider that St John Arnold & Ash Limited 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 accounts of St John Arnold & Ash Limited. 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 accounts.
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
10 February 2021
St John Arnold & Ash Limited
Statement of financial position
as at
30 June 2020
Investment property
665,897
430,384
Cash at bank and in hand
29,372
20,648
Creditors: amounts falling due within one year
(679,316)
(467,380)
Net current liabilities
(649,944)
(446,207)
Total assets less current liabilities
20,988
(15,823)
Creditors: amounts falling due after more than one year
(50,000)
-
Net liabilities
(29,012)
(15,823)
Called up share capital
100
100
Profit and loss account
(29,112)
(15,923)
Shareholders' funds
(29,012)
(15,823)
For the year ending 30 June 2020 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 director acknowledges his 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 and authorised for issue on 15 February 2021 and were signed on its behalf by
Xavier Marc Archbold
Director
Company Registration No. 10855912
St John Arnold & Ash Limited
Notes to the Accounts
for the year ended 30 June 2020
St John Arnold & Ash Limited is a private company, limited by shares, registered in England and Wales, registration number 10855912. The registered office is 20 Davies Avenue, Leeds, LS8 1JY, United Kingdom.
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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold. At the year end, the asset was still in a state of construction and has been shown at cost.
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:
Fixtures & fittings
25% on cost
St John Arnold & Ash Limited
Notes to the Accounts
for the year ended 30 June 2020
4
Tangible fixed assets
Fixtures & fittings
Cost or valuation
At cost
Charge for the year
1,611
5
Investment property
2020
Fair value at 1 July 2019
430,384
7
Creditors: amounts falling due within one year
2020
2019
Taxes and social security
161
897
Other creditors
3,736
2,800
Loans from directors
674,015
444,306
8
Creditors: amounts falling due after more than one year
2020
2019
9
Average number of employees
During the year the average number of employees was 0 (2019: 0).