06900505falsemetal works2022-06-012023-05-31http://www.companieshouse.gov.uk/2022-05-31http://www.companieshouse.gov.uk/pt:PlantMachinery2022-05-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-05-31http://www.companieshouse.gov.uk/cd:Director12022-06-012023-05-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2022-05-31http://www.companieshouse.gov.uk/pt:PlantMachinery2023-05-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-05-31http://www.companieshouse.gov.uk/cd:Director22022-06-012023-05-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2022-05-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2023-05-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2022-05-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-05-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-06-012023-05-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-05-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-06-012023-05-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-06-012023-05-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-05-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-05-31http://www.companieshouse.gov.uk/2022-06-012023-05-31http://www.companieshouse.gov.uk/2022-05-31http://www.companieshouse.gov.uk/cd:FRS1022022-06-012023-05-31http://www.companieshouse.gov.uk/2023-05-31http://www.companieshouse.gov.uk/cd:FullAccounts2022-06-012023-05-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-06-012023-05-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 06900505

Jay Wolfe Metalwork Limited

ACCOUNTS
FOR THE YEAR ENDED 31/05/2023

Prepared By:
Berry Kearsley Stockwell Ltd
Accountants
Sterling House
31-32 High Street
Wellingborough
Northants
NN8 4HL

Jay Wolfe Metalwork Limited

ACCOUNTS
FOR THE YEAR ENDED 31/05/2023
DIRECTORS
Jason Lewis
Jennifer Lewis
REGISTERED OFFICE
4 Horsley Road
Kingsthorpe Hollow
Northampton
Northants
NN2 6LJ
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 06900505
ACCOUNTANTS
Berry Kearsley Stockwell Ltd
Accountants
Sterling House
31-32 High Street
Wellingborough
Northants
NN8 4HL

Jay Wolfe Metalwork Limited

ACCOUNTS
FOR THEYEARENDED31/05/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts5
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Jay Wolfe Metalwork Limited

BALANCE SHEET AT 31/05/2023
20232022
Notes££
FIXED ASSETS
Tangible assets340,90959,620
CURRENT ASSETS
Stock256,600284,987
Debtors588,33961,874
Cash at bank and in hand54,650141,322
399,589488,183
CREDITORS: Amounts falling due within one year6252,209296,086
NET CURRENT ASSETS147,380192,097
TOTAL ASSETS LESS CURRENT LIABILITIES188,289251,717
CREDITORS: Amounts falling due after more than one year735,08647,140
PROVISIONS FOR LIABILITIES AND CHARGES87,77311,328
NET ASSETS145,430193,249
CAPITAL AND RESERVES
Called up share capital922
Profit and loss account145,428193,247
SHAREHOLDERS' FUNDS145,430193,249

Jay Wolfe Metalwork Limited

BALANCE SHEET AT 31/05/2023
For the year ending 31/05/2023 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 20/09/2023 and signed on their behalf by
.............................
Jason Lewis
Director
.............................
Jennifer Lewis
Director

Jay Wolfe Metalwork Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/05/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
Commercial Vehiclesreducing balance 25%
Fixtures and Fittingsreducing balance 25%
Equipmentreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
2. EMPLOYEES
20232022
No.No.
Average number of employees55

Jay Wolfe Metalwork Limited

3. TANGIBLE FIXED ASSETS
Plant andCommercialFixtures
MachineryVehiclesand FittingsEquipmentTotal
£££££
Cost
At 01/06/202279,18951,0255,61459,899195,727
At 31/05/202379,18951,0255,61459,899195,727
Depreciation
At 01/06/202268,36724,0144,66839,058136,107
For the year2,7056,7532379,01618,711
At 31/05/202371,07230,7674,90548,074154,818
Net Book Amounts
At 31/05/20238,11720,25870911,82540,909
At 31/05/202210,82227,01194620,84159,620
4. STOCK 20232022
££
Stock comprises:
Stock256,600284,987
256,600284,987
5. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors78,67050,743
Prepayments9,6696,499
Directors current account-4,632
88,33961,874

Jay Wolfe Metalwork Limited

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax9,05719,075
VAT38,86840,393
PAYE control519603
Salaries and wages control29240
Directors current account908-
Bank Loan9,5849,584
Hire purchase3,3163,316
Trade creditors188,118221,536
Pension schemes322322
Accruals1,2251,217
252,209296,086
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Bank loans (unsecured) >1yr17,95326,691
Hire purchase >1yr17,13320,449
35,08647,140
8. PROVISIONS FOR LIABILITIES 20232022
££
Deferred taxation7,77311,328
7,77311,328
9. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
2 Ordinary shares of £1 each22
22

Jay Wolfe Metalwork Limited

10. CONTROLLING PARTY