IRIS Accounts Production v23.3.0.418 05917575 Board of Directors 1.4.22 31.3.23 31.3.23 false true false false true false Ordinary 1.00000 Ordinary A 1.00000 Ordinary B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh059175752022-03-31059175752023-03-31059175752022-04-012023-03-31059175752021-03-31059175752021-04-012022-03-31059175752022-03-3105917575ns10:Originalns15:EnglandWales2022-04-012023-03-3105917575ns14:PoundSterlingns10:Original2022-04-012023-03-3105917575ns10:Originalns10:Director12022-04-012023-03-3105917575ns10:Original2022-04-012023-03-3105917575ns10:Original2023-03-3105917575ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3105917575ns10:Originalns10:SmallEntities2022-04-012023-03-3105917575ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3105917575ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3105917575ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3105917575ns10:Originalns10:FullAccounts2022-04-012023-03-3105917575ns10:Originalns10:OrdinaryShareClass12022-04-012023-03-3105917575ns10:Originalns10:OrdinaryShareClass22022-04-012023-03-3105917575ns10:OrdinaryShareClass3ns10:Original2022-04-012023-03-3105917575ns10:Originalns10:Director22022-04-012023-03-3105917575ns10:CompanySecretary1ns10:Original2022-04-012023-03-3105917575ns10:Originalns10:RegisteredOffice2022-04-012023-03-3105917575ns10:Original2022-03-3105917575ns10:Originalns5:CurrentFinancialInstruments2022-03-3105917575ns10:Originalns5:CurrentFinancialInstruments2023-03-3105917575ns10:Originalns5:Non-currentFinancialInstruments2022-03-3105917575ns10:Originalns5:Non-currentFinancialInstruments2023-03-3105917575ns5:ShareCapitalns10:Original2022-03-3105917575ns5:ShareCapitalns10:Original2023-03-3105917575ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3105917575ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3105917575ns10:Originalns5:PlantMachinery2022-04-012023-03-3105917575ns10:Originalns5:MotorVehicles2022-04-012023-03-3105917575ns10:Originalns5:ComputerEquipment2022-04-012023-03-3105917575ns10:Original2021-04-012022-03-3105917575ns10:Original2022-03-3105917575ns10:Originalns5:PlantMachinery2022-03-3105917575ns10:Originalns5:MotorVehicles2022-03-3105917575ns10:Originalns5:ComputerEquipment2022-03-3105917575ns10:Originalns5:PlantMachinery2023-03-3105917575ns10:Originalns5:MotorVehicles2023-03-3105917575ns10:Originalns5:ComputerEquipment2023-03-3105917575ns10:Originalns5:PlantMachinery2022-03-3105917575ns10:Originalns5:MotorVehicles2022-03-3105917575ns10:Originalns5:ComputerEquipment2022-03-3105917575ns10:Originalns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-03-3105917575ns10:Originalns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-04-012023-03-3105917575ns10:Originalns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-03-3105917575ns10:Originalns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-03-3105917575ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3105917575ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-3105917575ns10:Originalns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-03-3105917575ns10:Originalns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2022-03-3105917575ns10:Originalns5:DeferredTaxation2022-03-3105917575ns10:Originalns5:DeferredTaxation2023-03-3105917575ns10:Originalns10:OrdinaryShareClass12023-03-3105917575ns10:Originalns10:OrdinaryShareClass22023-03-3105917575ns10:OrdinaryShareClass3ns10:Original2023-03-31
REGISTERED NUMBER: 05917575 (England and Wales)














FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

J. B. JOINERY AND BUILDING LIMITED

J. B. JOINERY AND BUILDING LIMITED (REGISTERED NUMBER: 05917575)






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


J. B. JOINERY AND BUILDING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: Mr J Ball
Mrs S Ball





SECRETARY: Mrs S Ball





REGISTERED OFFICE: 81 Stubby Lane
Draycott in the Clay
Derbyshire
DE6 5BU





REGISTERED NUMBER: 05917575 (England and Wales)





ACCOUNTANTS: Wynniatt-Husey Limited (Uttoxeter Branch)
The Old Bakehouse
Dove Walk
Uttoxeter
Staffordshire
ST14 8EH

J. B. JOINERY AND BUILDING LIMITED (REGISTERED NUMBER: 05917575)

BALANCE SHEET
31 MARCH 2023

31.3.22 31.3.23
£    Notes £   
FIXED ASSETS
21,593 Tangible assets 4 16,195

CURRENT ASSETS
2,186 Stocks 5 4,874
90,722 Debtors 6 41,422
84,539 Cash at bank 79,136
177,447 125,432
CREDITORS
(108,129 ) Amounts falling due within one year 7 (60,002 )
69,318 NET CURRENT ASSETS 65,430
90,911 TOTAL ASSETS LESS CURRENT
LIABILITIES

81,625

CREDITORS
(32,230 ) Amounts falling due after more than one
year

8

(23,395

)

(4,103 ) PROVISIONS FOR LIABILITIES 9 (3,077 )
54,578 NET ASSETS 55,153

CAPITAL AND RESERVES
4 Called up share capital 10 4
54,574 Retained earnings 55,149
54,578 SHAREHOLDERS' FUNDS 55,153

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 directors acknowledge their 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.

J. B. JOINERY AND BUILDING LIMITED (REGISTERED NUMBER: 05917575)

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 Board of Directors and authorised for issue on 29 August 2023 and were signed on its behalf by:





Mr J Ball - Director


J. B. JOINERY AND BUILDING LIMITED (REGISTERED NUMBER: 05917575)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

J. B. Joinery and Building 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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
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.

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.

J. B. JOINERY AND BUILDING LIMITED (REGISTERED NUMBER: 05917575)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 7 (2022 - 6 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
Totals machinery vehicles equipment
£    £    £    £   
COST
At 1 April 2022
and 31 March 2023 49,386 21,602 25,221 2,563
DEPRECIATION
At 1 April 2022 27,793 12,342 13,305 2,146
Charge for year 5,398 2,315 2,979 104
At 31 March 2023 33,191 14,657 16,284 2,250
NET BOOK VALUE
At 31 March 2023 16,195 6,945 8,937 313
At 31 March 2022 21,593 9,260 11,916 417

J. B. JOINERY AND BUILDING LIMITED (REGISTERED NUMBER: 05917575)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 April 2022
and 31 March 2023 17,721
DEPRECIATION
At 1 April 2022 8,376
Charge for year 2,336
At 31 March 2023 10,712
NET BOOK VALUE
At 31 March 2023 7,009
At 31 March 2022 9,345

5. STOCKS
31.3.23 31.3.22
£    £   
Stocks 2,374 500
Work-in-progress 2,500 1,686
4,874 2,186

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 39,553 90,530
Prepayments 1,869 192
41,422 90,722

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Other loans - within 1yr 7,804 8,767
Hire purchase contracts 1,997 3,184
Trade creditors 2,739 54,744
Tax 8,549 10,949
Social security and other taxes 1,917 1,974
Pension control 399 411
Wages control 2,495 4,076
VAT 10,831 9,937
Directors' current accounts 21,831 13,187
Accrued expenses 1,440 900
60,002 108,129

J. B. JOINERY AND BUILDING LIMITED (REGISTERED NUMBER: 05917575)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Other loans - 1-5 yrs 23,395 30,233
Hire purchase contracts - 1,997
23,395 32,230

9. PROVISIONS FOR LIABILITIES
31.3.23 31.3.22
£    £   
Deferred tax 3,077 4,103

Deferred
tax
£   
Balance at 1 April 2022 4,103
Deferred tax movement (1,026 )
Balance at 31 March 2023 3,077

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
1 Ordinary £1 1 1
1 Ordinary A £1 1 1
2 Ordinary B £1 2 2
4 4