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REGISTERED NUMBER: 06419226 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2021

for

JPC Construction Limited

JPC Construction Limited (Registered number: 06419226)






Contents of the Financial Statements
for the Year Ended 30 November 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JPC Construction Limited

Company Information
for the Year Ended 30 November 2021







DIRECTOR: J Pumfrett





REGISTERED OFFICE: The Old Grange
Warren Estate
Lordship Road
Writtle
Essex
CM1 3WT





REGISTERED NUMBER: 06419226 (England and Wales)





ACCOUNTANTS: Fisher Michael
The Old Grange
Warren Estate
Lordship Road
Writtle
Essex
CM1 3WT

JPC Construction Limited (Registered number: 06419226)

Balance Sheet
30 November 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 44,684 57,802

CURRENT ASSETS
Stocks 290,000 40,000
Debtors 5 202,156 427,531
Cash at bank 180,659 230,948
672,815 698,479
CREDITORS
Amounts falling due within one year 6 91,100 65,790
NET CURRENT ASSETS 581,715 632,689
TOTAL ASSETS LESS CURRENT
LIABILITIES

626,399

690,491

CREDITORS
Amounts falling due after more than one
year

7

(4,164

)

(8,328

)

PROVISIONS FOR LIABILITIES (8,000 ) (11,000 )
NET ASSETS 614,235 671,163

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 614,234 671,162
614,235 671,163

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

JPC Construction Limited (Registered number: 06419226)

Balance Sheet - continued
30 November 2021


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 and authorised for issue on 11 August 2022 and were signed by:





J Pumfrett - Director


JPC Construction Limited (Registered number: 06419226)

Notes to the Financial Statements
for the Year Ended 30 November 2021

1. STATUTORY INFORMATION

JPC Construction 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.

The company is part of a group.

2. ACCOUNTING POLICIES

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

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Significant judgements and estimates
No significant judgements or estimations have been applied in the preparation of the financial statements.

Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales tax.

Tangible fixed assets
Tangible fixed assets are initially measured at cost. After initial recognition, tangible fixed assets are measured at cost less any accumulated depreciation and any accumulated impairment losses.

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


- Plant and machinery etc - 25% on reducing balance and 33% on cost

Work in progress
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.

Work in progress is valued at cost plus the proportion of profit attributable to the contract at the stage of
completion at the year end. Losses are recognised in full as soon as they are foreseen.

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.


JPC Construction Limited (Registered number: 06419226)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2021

2. ACCOUNTING POLICIES - continued
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.

Debtors
Short term debtors are measured at the transaction price, less any impairment.

Loans receivable are measured at transaction price since the difference between this basis and the amortised cost basis is not material.

Creditors
Short term creditors are measured at the transaction price.

Other financial liabilities are also measured at transaction price since the difference between this basis and the amortised cost basis is not material.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2020 128,121
Additions 2,706
At 30 November 2021 130,827
DEPRECIATION
At 1 December 2020 70,319
Charge for year 15,824
At 30 November 2021 86,143
NET BOOK VALUE
At 30 November 2021 44,684
At 30 November 2020 57,802

The net book value of tangible fixed assets includes an amount of £12,690 (2020:£16,920) in respect of assets held under hire purchase agreements. Of the depreciation charged in the profit and loss account, £4,230 (2020:£5,030) relates to assets held under hire purchase agreements.

JPC Construction Limited (Registered number: 06419226)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2021

5. DEBTORS
2021 2020
£    £   
Amounts falling due within one year:
Other debtors 8,516 18,839

Amounts falling due after more than one year:
Amounts owed by group undertakings 193,640 408,692

Aggregate amounts 202,156 427,531

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Hire purchase contracts 4,164 4,164
Taxation and social security 68,445 33,410
Other creditors 18,491 28,216
91,100 65,790

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2021 2020
£    £   
Hire purchase contracts 4,164 8,328

8. ULTIMATE PARENT

The company's immediate parent company is JPC Properties (Essex) Ltd, a company incorporated in England and Wales