REGISTERED NUMBER: 03156727 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

FOR

S. J. BROOKES AND ASSOCIATES LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs C Brookes

SECRETARY:

S J Brookes

REGISTERED OFFICE:

57/61 Market Place

Cannock

Staffordshire

WS11 1BP

REGISTERED NUMBER:

03156727 (England and Wales)

ACCOUNTANTS:

Shelvoke Pickering Janney LLP

Chartered Accountants

57-61 Market Place

Cannock

Staffordshire

WS11 1BP

FIXED ASSETS

Property, plant and equipment

4

3,612

4,514

CURRENT ASSETS

Inventories

-

12,815

Cash at bank

129,043

89,144

129,043

101,959

CREDITORS

Amounts falling due within one year

5

27,059

20,574

NET CURRENT ASSETS

101,984

81,385

TOTAL ASSETS LESS CURRENT LIABILITIES

105,596

85,899

PROVISIONS FOR LIABILITIES

686

902

NET ASSETS

104,910

84,997

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

104,906

84,993

SHAREHOLDERS' FUNDS

104,910

84,997

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 30 January 2019 and were signed by:

Mrs C Brookes - Director

1.	STATUTORY INFORMATION

S. J. Brookes and Associates Limited is a private company, limited by shares , registered in England

and Wales. The company's registered number and registered office address can be found on the

Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts,

rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling

costs in bringing inventories to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,

except to the extent that it relates to items recognised in other comprehensive income or directly in

equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been

enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods

different from those in which they are recognised in financial statements. Deferred tax is measured

using tax rates and laws that have been enacted or substantively enacted by the year end and that are

expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable

that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 1 (2017 - 1 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 April 2017

and 31 March 2018

12,477

DEPRECIATION

At 1 April 2017

7,963

Charge for year

902

At 31 March 2018

8,865

NET BOOK VALUE

At 31 March 2018

3,612

At 31 March 2017

4,514

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Taxation and social security

25,908

19,345

Other creditors

1,151

1,229

27,059

20,574

6.	RELATED PARTY DISCLOSURES

During the year, total dividends of £30,500 (2017 - £16,500) were paid to the director .

The company was under the control of Mr and Mrs S J Brookes who owned 100% (2017: 100%) of the

issued ordinary share capital.