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REGISTERED NUMBER: 06689740 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2016

FOR

JUST 1 SOURCE AND SUPPLY LIMITED

JUST 1 SOURCE AND SUPPLY LIMITED (REGISTERED NUMBER: 06689740)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2016










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

JUST 1 SOURCE AND SUPPLY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2016







DIRECTORS: D Lawson
C McLorg





SECRETARY: S Hazzard





REGISTERED OFFICE: Yorkshire House
Barton Hill
Whitwell
York
Yorkshire
YO60 7JX





REGISTERED NUMBER: 06689740 (England and Wales)





ACCOUNTANTS: Diverset Limited
Chartered Accountants
Canada House
272 Field End Road
Eastcote
Ruislip
Middlesex
HA4 9NA

JUST 1 SOURCE AND SUPPLY LIMITED (REGISTERED NUMBER: 06689740)

BALANCE SHEET
31 DECEMBER 2016

2016 2015
Notes £    £   
CURRENT ASSETS
Stocks 566,254 379,447
Debtors 5 329,217 315,587
Cash at bank and in hand 34,821 6,003
930,292 701,037
CREDITORS
Amounts falling due within one year 6 711,628 496,179
NET CURRENT ASSETS 218,664 204,858
TOTAL ASSETS LESS CURRENT LIABILITIES 218,664 204,858

PROVISIONS FOR LIABILITIES 59 -
NET ASSETS 218,605 204,858

CAPITAL AND RESERVES
Called up share capital 30,100 30,100
Retained earnings 188,505 174,758
SHAREHOLDERS' FUNDS 218,605 204,858

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 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 April 2017 and were signed on its behalf by:




D Lawson - Director



C McLorg - Director


JUST 1 SOURCE AND SUPPLY LIMITED (REGISTERED NUMBER: 06689740)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2016


1. STATUTORY INFORMATION

Just 1 Source And Supply 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 represents amounts receivable for goods and services net of VAT and trade discounts.

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 - 33% on reducing balance

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 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 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date.
Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange
differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 .

JUST 1 SOURCE AND SUPPLY LIMITED (REGISTERED NUMBER: 06689740)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2016


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2016
and 31 December 2016 4,185
DEPRECIATION
At 1 January 2016
and 31 December 2016 4,185
NET BOOK VALUE
At 31 December 2016 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Trade debtors 276,478 280,120
Other debtors 52,739 35,467
329,217 315,587

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Bank loans and overdrafts 136,849 125,818
Trade creditors 536,679 356,781
Taxation and social security 6,264 8,897
Other creditors 31,836 4,683
711,628 496,179

7. ULTIMATE CONTROLLING PARTY

In the opinion of the directors there is no single ultimate controlling party.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
JUST 1 SOURCE AND SUPPLY LIMITED


The following reproduces the text of the report prepared for the directors and members in respect of the company's annual unaudited
financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are
cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with
the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Just 1
Source And Supply Limited for the year ended 31 December 2016 which comprise the Income Statement, Balance Sheet and the related notes
from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Just 1 Source And Supply Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Just 1 Source And Supply Limited and state those matters that we have agreed to state to the Board of Directors of Just 1 Source And Supply Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Just 1 Source And Supply Limited Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Just 1 Source And Supply Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Just 1 Source And Supply Limited. You consider that Just 1 Source And Supply 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 financial statements of Just 1 Source And Supply 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 financial statements.






Diverset Limited
Chartered Accountants
Canada House
272 Field End Road
Eastcote
Ruislip
Middlesex
HA4 9NA


7 April 2017