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REGISTERED NUMBER: 00105158 (England and Wales)





















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

FOR

JOHN BUCKLEY (DUDLEY) LIMITED

JOHN BUCKLEY (DUDLEY) LIMITED (REGISTERED NUMBER: 00105158)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


JOHN BUCKLEY (DUDLEY) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2018







DIRECTORS: T J Rowe
Mrs S J Rowe, JP
T H Rowe





SECRETARY: Mrs S J Rowe, JP





REGISTERED OFFICE: Alma Place
Off King Street
DUDLEY
West Midlands
DY2 8QH





REGISTERED NUMBER: 00105158 (England and Wales)





ACCOUNTANTS: E R Grove & Co Limited
Grove House
Coombs Wood Court
Steel Park Road
Halesowen
West Midlands
B62 8BF

JOHN BUCKLEY (DUDLEY) LIMITED (REGISTERED NUMBER: 00105158)

BALANCE SHEET
31 MARCH 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 201,522 210,478
Investment property 5 582,347 458,000
783,869 668,478

CURRENT ASSETS
Stocks 6 56,252 60,255
Debtors 7 126,270 147,679
Cash at bank and in hand 238,330 410,505
420,852 618,439
CREDITORS
Amounts falling due within one year 8 99,054 121,348
NET CURRENT ASSETS 321,798 497,091
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,105,667

1,165,569

PROVISIONS FOR LIABILITIES 3,745 7,271
NET ASSETS 1,101,922 1,158,298

CAPITAL AND RESERVES
Called up share capital 1,019 1,019
Revaluation reserve 9 42,185 42,185
Capital redemption reserve 2,134 2,134
Retained earnings 1,056,584 1,112,960
SHAREHOLDERS' FUNDS 1,101,922 1,158,298

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 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 7 August 2018 and were signed on its behalf by:





T J Rowe - Director


JOHN BUCKLEY (DUDLEY) LIMITED (REGISTERED NUMBER: 00105158)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018

1. STATUTORY INFORMATION

John Buckley (Dudley) 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 as modified by the revaluation of certain assets.

Turnover
Turnover 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.
Freehold property - 2% on cost
Plant and machinery - 20% on reducing balance
Motor vehicles - 25% on reducing balance

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.

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in
bringing stocks 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 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 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 11 (2017 - 11 ) .

JOHN BUCKLEY (DUDLEY) LIMITED (REGISTERED NUMBER: 00105158)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018

4. TANGIBLE FIXED ASSETS
Freehold Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST OR VALUATION
At 1 April 2017 284,336 466,568 9,730 760,634
Additions - 2,221 - 2,221
Disposals - (4,052 ) - (4,052 )
At 31 March 2018 284,336 464,737 9,730 758,803
DEPRECIATION
At 1 April 2017 103,479 437,678 8,999 550,156
Charge for year 5,019 5,851 183 11,053
Eliminated on disposal - (3,928 ) - (3,928 )
At 31 March 2018 108,498 439,601 9,182 557,281
NET BOOK VALUE
At 31 March 2018 175,838 25,136 548 201,522
At 31 March 2017 180,857 28,890 731 210,478

Included in cost or valuation of land and buildings is freehold land of £ 33,377 (2017 - £ 33,377 ) which is not
depreciated.

Cost or valuation at 31 March 2018 is represented by:

Freehold Plant and Motor
property machinery vehicles Totals
£    £    £    £   
Valuation in 2001 99,500 - - 99,500
Cost 184,836 464,737 9,730 659,303
284,336 464,737 9,730 758,803

If freehold property had not been revalued they would have been included at the following historical cost:

2018 2017
£    £   
Cost 184,836 184,836
Aggregate depreciation 40,774 37,745

Value of land in freehold land and buildings 33,377 33,377

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2017 458,000
Additions 139,347
Revaluations (15,000 )
At 31 March 2018 582,347
NET BOOK VALUE
At 31 March 2018 582,347
At 31 March 2017 458,000

JOHN BUCKLEY (DUDLEY) LIMITED (REGISTERED NUMBER: 00105158)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018

5. INVESTMENT PROPERTY - continued

Fair value at 31 March 2018 is represented by:

£   
Valuation in 2017 27,927
Valuation in 2018 (15,000 )
Cost 569,420
582,347

If investment property had not been revalued it would have been included at the following historical cost:

2018 2017
£    £   
Cost 569,420 430,073

Investment property was valued on an open market basis on 31 March 2018 by the directors of the company .

6. STOCKS
2018 2017
£    £   
Raw materials 32,162 32,596
Work-in-progress 4,650 13,524
Finished goods 19,440 14,135
56,252 60,255

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 102,532 122,461
Other debtors 23,738 25,218
126,270 147,679

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors 57,237 71,075
Taxation and social security 31,300 39,064
Other creditors 10,517 11,209
99,054 121,348

9. RESERVES
Revaluation
reserve
£   
At 1 April 2017
and 31 March 2018 42,185

10. ULTIMATE CONTROLLING PARTY

The directors consider that Mr T J Rowe controls the company.