Company Registration No. 10149716 (England and Wales)
NJ BUILDING CONTRACTORS LTD
Unaudited accounts
for the year ended 30 April 2022
NJ BUILDING CONTRACTORS LTD
Unaudited accounts
Contents
NJ BUILDING CONTRACTORS LTD
Company Information
for the year ended 30 April 2022
Director
Meer Mohamed Nadeem Jalali
Company Number
10149716 (England and Wales)
Registered Office
90 ST. JOHNS ROAD
WEMBLEY
MIDDLESEX
HA9 7JN
ENGLAND
Accountants
CheapAccounting.co.uk
Trading name of Evolve Accountancy
Solutions Ltd.
45 Daltons Fen, Pitsea, Basildon
Essex
SS13 1JE
NJ BUILDING CONTRACTORS LTD
Statement of financial position
as at 30 April 2022
Tangible assets
1,329
1,772
Cash at bank and in hand
15
93
Creditors: amounts falling due within one year
(30,195)
(14,610)
Net current liabilities
(25,943)
(6,553)
Total assets less current liabilities
(24,614)
(4,781)
Creditors: amounts falling due after more than one year
(24,696)
(30,000)
Net liabilities
(49,310)
(34,781)
Called up share capital
1
1
Profit and loss account
(49,311)
(34,782)
Shareholders' funds
(49,310)
(34,781)
For the year ending 30 April 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 August 2022 and were signed on its behalf by
Meer Mohamed Nadeem Jalali
Director
Company Registration No. 10149716
NJ BUILDING CONTRACTORS LTD
Notes to the Accounts
for the year ended 30 April 2022
NJ BUILDING CONTRACTORS LTD is a private company, limited by shares, registered in England and Wales, registration number 10149716. The registered office is 90 ST. JOHNS ROAD, WEMBLEY, MIDDLESEX, HA9 7JN, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Support has been provided by a loan from a director who has indicated that this support will continue for the foreseeable future.
Support has also been provided by a loan from the bank.
The directors, having considered the above and made due inquiries, continue to adopt the going concern basis in preparing the financial statements which assumes that the company will continue in operation for the foreseeable future.
NJ BUILDING CONTRACTORS LTD
Notes to the Accounts
for the year ended 30 April 2022
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2021
6,000
884
512
7,396
At 30 April 2022
6,000
884
512
7,396
At 1 May 2021
4,577
656
391
5,624
Charge for the year
356
57
30
443
At 30 April 2022
4,933
713
421
6,067
At 30 April 2022
1,067
171
91
1,329
At 30 April 2021
1,423
228
121
1,772
5
Debtors: amounts falling due within one year
2022
2021
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
-
(29)
Loans from directors
29,625
12,569
7
Creditors: amounts falling due after more than one year
2022
2021
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 1 (2021: 1).