Company Registration No. 11272865 (England and Wales)
James Partridge Building Ltd
Unaudited accounts
for the year ended 31 March 2023
James Partridge Building Ltd
Unaudited accounts
Contents
James Partridge Building Ltd
Company Information
for the year ended 31 March 2023
Directors
James Partridge
Angela Partridge
Company Number
11272865 (England and Wales)
Registered Office
Stable Cottage, Upper Pengethley Farm
Peterstow
Ross-On-Wye
Herefordshire
HR9 6LL
Accountants
Wellington Consulting Ltd
Fairview
St Owens Cross
Hereford
Herefordshire
HR2 8LG
James Partridge Building Ltd
Statement of financial position
as at 31 March 2023
Tangible assets
18,670
13,333
Cash at bank and in hand
19,305
41,490
Creditors: amounts falling due within one year
(50,967)
(43,236)
Net current (liabilities)/assets
(7,826)
6,590
Total assets less current liabilities
22,244
22,423
Creditors: amounts falling due after more than one year
(9,100)
(13,101)
Called up share capital
10
10
Profit and loss account
13,134
9,312
Shareholders' funds
13,144
9,322
For the year ending 31 March 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 8 November 2023 and were signed on its behalf by
James Partridge
Director
Company Registration No. 11272865
James Partridge Building Ltd
Notes to the Accounts
for the year ended 31 March 2023
James Partridge Building Ltd is a private company, limited by shares, registered in England and Wales, registration number 11272865. The registered office is Stable Cottage, Upper Pengethley Farm, Peterstow , Ross-On-Wye, Herefordshire, HR9 6LL.
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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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:
Plant & machinery
25% reducing balance basis
Motor vehicles
25% reducing balance basis
Computer equipment
25% reducing balance basis and straight line over 3 years
4
Intangible fixed assets
Goodwill
James Partridge Building Ltd
Notes to the Accounts
for the year ended 31 March 2023
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
16,108
10,528
1,524
28,160
Additions
-
14,842
-
14,842
Disposals
-
(6,727)
-
(6,727)
At 31 March 2023
16,108
18,643
1,524
36,275
At 1 April 2022
8,499
5,469
859
14,827
Charge for the year
1,902
4,183
254
6,339
On disposals
-
(3,561)
-
(3,561)
At 31 March 2023
10,401
6,091
1,113
17,605
At 31 March 2023
5,707
12,552
411
18,670
At 31 March 2022
7,609
5,059
665
13,333
6
Investments
Other investments
Valuation at 1 April 2022
200
Valuation at 31 March 2023
11,400
This represents an investment in NFU Mutual Select.
Amounts falling due within one year
Trade debtors
18,836
4,836
8
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
4,000
4,000
Trade creditors
10,206
13,906
Taxes and social security
4,248
6,167
Loans from directors
24,889
10,682
James Partridge Building Ltd
Notes to the Accounts
for the year ended 31 March 2023
9
Creditors: amounts falling due after more than one year
2023
2022
This amount represents the amount due in greater than a year for the Government backed Bounce Back Loan.
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
10
11
Average number of employees
During the year the average number of employees was 6 (2022: 6).