2 31/08/2023 2023-08-31 false false false false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2022-09-01 Sage Accounts Production 21.0 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP 05197608 2022-09-01 2023-08-31 05197608 2023-08-31 05197608 2022-08-31 05197608 2021-09-01 2022-08-31 05197608 2022-08-31 05197608 core:PlantMachinery 2022-09-01 2023-08-31 05197608 core:FurnitureFittingsToolsEquipment 2022-09-01 2023-08-31 05197608 core:MotorVehicles 2022-09-01 2023-08-31 05197608 bus:RegisteredOffice 2022-09-01 2023-08-31 05197608 bus:LeadAgentIfApplicable 2022-09-01 2023-08-31 05197608 bus:Director1 2022-09-01 2023-08-31 05197608 bus:CompanySecretary1 2022-09-01 2023-08-31 05197608 core:PlantMachinery 2022-08-31 05197608 core:FurnitureFittingsToolsEquipment 2022-08-31 05197608 core:PlantMachinery 2023-08-31 05197608 core:FurnitureFittingsToolsEquipment 2023-08-31 05197608 core:WithinOneYear 2023-08-31 05197608 core:WithinOneYear 2022-08-31 05197608 core:ShareCapital 2023-08-31 05197608 core:ShareCapital 2022-08-31 05197608 core:RetainedEarningsAccumulatedLosses 2023-08-31 05197608 core:RetainedEarningsAccumulatedLosses 2022-08-31 05197608 core:PlantMachinery 2022-08-31 05197608 core:FurnitureFittingsToolsEquipment 2022-08-31 05197608 core:MotorVehicles 2022-08-31 05197608 core:MotorVehicles 2023-08-31 05197608 bus:Director1 2022-08-31 05197608 bus:Director1 2023-08-31 05197608 bus:Director1 2021-08-31 05197608 bus:Director1 2022-08-31 05197608 bus:Director1 2021-09-01 2022-08-31 05197608 bus:SmallEntities 2022-09-01 2023-08-31 05197608 bus:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 05197608 bus:FullAccounts 2022-09-01 2023-08-31 05197608 bus:SmallCompaniesRegimeForAccounts 2022-09-01 2023-08-31 05197608 bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 05197608 1 2022-09-01 2023-08-31
Company registration number: 05197608
J A Parker Contractors Limited
Unaudited filleted financial statements
31 August 2023
J A Parker Contractors Limited
Directors and other information
Director Mr J A Parker
Secretary Mrs G E Parker
Company number 05197608
Registered office Hollin Nest
Sowerby Lane
Luddendenfoot
Halifax
HX2 6LE
Accountants Hodgson Hey Limited
Heritage Exchange
South Lane
Elland
West Yorkshire
HX5 0HG
J A Parker Contractors Limited
Statement of financial position
31 August 2023
2023 2022
Note £ £ £ £
Fixed assets
Tangible assets 5 832,075 639,645
_______ _______
832,075 639,645
Current assets
Debtors 6 372,677 160,840
Cash at bank and in hand 216,669 101,421
_______ _______
589,346 262,261
Creditors: amounts falling due
within one year 7 ( 325,523) ( 105,201)
_______ _______
Net current assets 263,823 157,060
_______ _______
Total assets less current liabilities 1,095,898 796,705
Provisions for liabilities ( 158,095) ( 121,533)
_______ _______
Net assets 937,803 675,172
_______ _______
Capital and reserves
Called up share capital 200 200
Profit and loss account 937,603 674,972
_______ _______
Shareholders funds 937,803 675,172
_______ _______
For the year ending 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 15 November 2023 , and are signed on behalf of the board by:
Mr J A Parker
Director
Company registration number: 05197608
J A Parker Contractors Limited
Notes to the financial statements
Year ended 31 August 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is J A Parker Contractors Limited, Hollin Nest, Sowerby Lane, Luddendenfoot, Halifax, HX2 6LE.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery - 25 % reducing balance
Fittings fixtures and equipment - 15 % reducing balance
Motor vehicles - 25 % reducing balance
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2022: 2 ).
5. Tangible assets
Plant and machinery Fixtures, fittings and equipment Motor vehicles Total
£ £ £ £
Cost
At 1 September 2022 1,283,265 5,782 164,468 1,453,515
Additions 571,835 1,041 65,946 638,822
Disposals ( 321,395) - ( 27,544) ( 348,939)
_______ _______ _______ _______
At 31 August 2023 1,533,705 6,823 202,870 1,743,398
_______ _______ _______ _______
Depreciation
At 1 September 2022 715,470 4,582 64,970 576,180
Charge for the year 247,815 560 28,984 277,359
Disposals ( 173,021) - ( 6,886) ( 179,907)
_______ _______ _______ _______
At 31 August 2023 790,264 5,142 70,269 697,488
_______ _______ _______ _______
Carrying amount
At 31 August 2023 743,441 1,681 49,265 496,344
_______ _______ _______ _______
At 31 August 2022 567,795 1,200 41,499 448,352
_______ _______ _______ _______
6. Debtors
2023 2022
£ £
Trade debtors 332,308 138,270
Other debtors 40,369 22,570
_______ _______
372,677 160,840
_______ _______
7. Creditors: amounts falling due within one year
2023 2022
£ £
Trade creditors 171,472 62,805
Corporation tax 130,821 22,579
Social security and other taxes 7,573 6,423
Other creditors 15,657 13,394
_______ _______
325,523 105,201
_______ _______
8. Directors advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2023
Balance brought forward Advances /(credits) to the director Amounts repaid Balance o/standing
£ £ £ £
Mr J A Parker ( 9,775) 422,922 ( 425,000) ( 11,853)
_______ _______ _______ _______
2022
Balance brought forward Advances /(credits) to the director Amounts repaid Balance o/standing
£ £ £ £
Mr J A Parker ( 9,099) 249,324 ( 250,000) ( 9,775)
_______ _______ _______ _______
9. Controlling party
The company is controlled by Mr J A Parker, by virtue of his sole directorship.