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REGISTERED NUMBER: 10601456 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

O J P Contracts Ltd

O J P Contracts Ltd (Registered number: 10601456)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

O J P Contracts Ltd

Company Information
for the Year Ended 31 March 2023







DIRECTOR: O J Peters





REGISTERED OFFICE: Edwards Green Farm
Brickendon Lane
Brickendon
Hertford
Hertfordshire
SG13 8NT





REGISTERED NUMBER: 10601456 (England and Wales)





ACCOUNTANTS: Hall & Co Accountancy Ltd
Unit 96 The Maltings
Stanstead Abbotts
Ware
Hertfordshire
SG12 8HG

O J P Contracts Ltd (Registered number: 10601456)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 634,457 428,086

CURRENT ASSETS
Stocks 32,959 -
Debtors 5 191,015 147,833
Cash at bank 115,429 63,709
339,403 211,542
CREDITORS
Amounts falling due within one year 6 242,712 217,251
NET CURRENT ASSETS/(LIABILITIES) 96,691 (5,709 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

731,148

422,377

CREDITORS
Amounts falling due after more than
one year

7

(218,720

)

(212,214

)

PROVISIONS FOR LIABILITIES (120,547 ) (81,764 )
NET ASSETS 391,881 128,399

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 391,880 128,398
391,881 128,399

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

O J P Contracts Ltd (Registered number: 10601456)

Balance Sheet - continued
31 March 2023


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 10 October 2023 and were signed by:





O J Peters - Director


O J P Contracts Ltd (Registered number: 10601456)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

O J P Contracts Ltd 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 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.

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.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

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.

O J P Contracts Ltd (Registered number: 10601456)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

2. ACCOUNTING POLICIES - continued

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 9 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 640,710
Additions 402,675
Disposals (148,248 )
At 31 March 2023 895,137
DEPRECIATION
At 1 April 2022 212,624
Charge for year 140,564
Eliminated on disposal (92,508 )
At 31 March 2023 260,680
NET BOOK VALUE
At 31 March 2023 634,457
At 31 March 2022 428,086

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 187,081 128,200
Other debtors 3,934 19,633
191,015 147,833

O J P Contracts Ltd (Registered number: 10601456)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts 31,348 22,023
Hire purchase contracts 81,162 74,511
Trade creditors 1,239 (1 )
Taxation and social security 40,875 20,667
Other creditors 88,088 100,051
242,712 217,251

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans 58,117 72,144
Hire purchase contracts 160,603 140,070
218,720 212,214

8. ULTIMATE CONTROLLING PARTY

The controlling party is O J Peters.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
O J P Contracts Ltd

The following reproduces the text of the report prepared for the director 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 Director 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 O J P Contracts Ltd for the year ended 31 March 2023 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 director of O J P Contracts Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of O J P Contracts Ltd and state those matters that we have agreed to state to the director of O J P Contracts Ltd 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 O J P Contracts Ltd and its director for our work or for this report.

It is your duty to ensure that O J P Contracts Ltd 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 O J P Contracts Ltd. You consider that O J P Contracts Ltd 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 O J P Contracts Ltd. 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.






Hall & Co Accountancy Ltd
Unit 96 The Maltings
Stanstead Abbotts
Ware
Hertfordshire
SG12 8HG


10 October 2023