REGISTERED NUMBER: 09719985 (England and Wales)

Unaudited Financial Statements

for the Period

1 September 2017 to 30 June 2018

for

Jellings Dalton Investments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs A Jellings MBA APFS

C B W Dalton FCA

F H Jellings MBA

REGISTERED OFFICE:

1st Floor Offices

Rear of 9 High Street

Tettenhall

Wolverhampton

West Midlands

WV6 8QS

REGISTERED NUMBER:

09719985 (England and Wales)

ACCOUNTANTS:

Dalton Pardoe Limited

Chartered Accountants

794 High Street

Kingswinford

West Midlands

DY6 8BQ

CURRENT ASSETS

Stocks

400

400

Debtors

4

15,086

15,976

Cash at bank

24,372

30,819

39,858

47,195

CREDITORS

Amounts falling due within one year

5

10,393

34,863

NET CURRENT ASSETS

29,465

12,332

TOTAL ASSETS LESS CURRENT LIABILITIES

29,465

12,332

CAPITAL AND RESERVES

Called up share capital

6

120

120

Retained earnings

7

29,345

12,212

SHAREHOLDERS' FUNDS

29,465

12,332

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 19 September 2018 and were signed on its behalf by:

C B W Dalton FCA - Director

F H Jellings MBA - Director

1.	STATUTORY INFORMATION

Jellings Dalton Investments 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

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

value added tax and other sales taxes.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Taxation

Taxation for the period 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 balance sheet date.

Deferred tax

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

sheet 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 period 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 period was 3 (2017 - 3 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.18

31.8.17

£

£

Trade debtors

15,086

13,628

Prepayments

-

2,348

15,086

15,976

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.18

31.8.17

£

£

Tax

9,876

14,550

Directors' current accounts

-

19,880

Accrued expenses

517

433

10,393

34,863

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.18

31.8.17

value:

£

£

120

Ordinary shares.

£1

120

120

7.

RESERVES

Retained

earnings

£

At 1 September 2017

12,212

Profit for the period

42,133

Dividends

(25,000

)

At 30 June 2018

29,345

8.	RELATED PARTY DISCLOSURES

The company is wholly owned by Jellings Dalton Group Limited.

Dividends totalling £25,000 were paid to Jellings Dalton Group Limited in the year under review.

The directors of Jellings Dalton Investments Limited are also the directors and shareholders of Jellings Dalton

Group Limited.

The directors are also directors and shareholders of A J Wealth Management Limited. In the year under review

the company paid management charges to A J Wealth Management Limited of £40,000 (£16,000 :017).

9.	ULTIMATE CONTROLLING PARTY

The company is wholly owned by Jellings Dalton Group Limited, a company registered in the UK.

The ultimate controlling party is Mrs A Jellings MBA Dip PFS due to her controlling interest in Jellings Dalton

Group Limited.