Company Registration No. 11816429 (England and Wales)
JB Drains and Gutters Ltd
Unaudited accounts
for the year ended 28 February 2023
JB Drains and Gutters Ltd
Unaudited accounts
Contents
JB Drains and Gutters Ltd
Company Information
for the year ended 28 February 2023
Directors
John Barrett
Laura Barrett
Company Number
11816429 (England and Wales)
Registered Office
Unit 2 Gore Ox Farm
Robinson Road
Horndon on the Hill
SS178PU
United Kingdom
JB Drains and Gutters Ltd
Statement of financial position
as at 28 February 2023
Tangible assets
77,585
58,579
Cash at bank and in hand
7,271
1,605
Creditors: amounts falling due within one year
(25,459)
(10,773)
Net current assets
19,987
22,931
Total assets less current liabilities
97,572
81,510
Creditors: amounts falling due after more than one year
(49,183)
(48,247)
Called up share capital
1,000
1,000
Profit and loss account
47,389
32,263
Shareholders' funds
48,389
33,263
For the year ending 28 February 2023 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 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 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 of Directors and authorised for issue on 1 October 2023 and were signed on its behalf by
John Barrett
Director
Company Registration No. 11816429
JB Drains and Gutters Ltd
Notes to the Accounts
for the year ended 28 February 2023
JB Drains and Gutters Ltd is a private company, limited by shares, registered in England and Wales, registration number 11816429. The registered office is Unit 2 Gore Ox Farm, Robinson Road, Horndon on the Hill, SS178PU, United Kingdom.
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.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2022
27,016
40,228
799
68,043
Additions
13,643
30,328
737
44,708
Disposals
-
(13,995)
-
(13,995)
At 28 February 2023
40,659
56,561
1,536
98,756
At 1 March 2022
5,972
3,328
164
9,464
Charge for the year
5,861
7,594
196
13,651
On disposals
-
(1,944)
-
(1,944)
At 28 February 2023
11,833
8,978
360
21,171
At 28 February 2023
28,826
47,583
1,176
77,585
At 28 February 2022
21,044
36,900
635
58,579
JB Drains and Gutters Ltd
Notes to the Accounts
for the year ended 28 February 2023
Amounts falling due within one year
Trade debtors
36,975
19,099
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
4,526
-
Trade creditors
3,146
1,432
Taxes and social security
10,079
3,766
Other creditors
1,013
2,028
Loans from directors
2,197
-
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
37,559
29,396
Taxes and social security
-
(935)
Loans from directors
-
4,771
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Average number of employees
During the year the average number of employees was 3 (2022: 3).