IRIS Accounts Production v23.3.0.418 SC473476 director 1.4.22 31.3.23 31.3.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC4734762022-03-31SC4734762023-03-31SC4734762022-04-012023-03-31SC4734762021-03-31SC4734762021-04-012022-03-31SC4734762022-03-31SC473476ns10:Originalns15:Scotland2022-04-012023-03-31SC473476ns14:PoundSterlingns10:Original2022-04-012023-03-31SC473476ns10:Originalns10:Director12022-04-012023-03-31SC473476ns10:Original2022-04-012023-03-31SC473476ns10:Original2023-03-31SC473476ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-31SC473476ns10:Originalns10:SmallEntities2022-04-012023-03-31SC473476ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-31SC473476ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-31SC473476ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-31SC473476ns10:Originalns10:FullAccounts2022-04-012023-03-31SC473476ns10:CompanySecretary1ns10:Original2022-04-012023-03-31SC473476ns10:Originalns10:RegisteredOffice2022-04-012023-03-31SC473476ns10:Original2022-03-31SC473476ns10:Originalns5:CurrentFinancialInstruments2023-03-31SC473476ns10:Originalns5:CurrentFinancialInstruments2022-03-31SC473476ns10:Originalns5:Non-currentFinancialInstruments2023-03-31SC473476ns10:Originalns5:Non-currentFinancialInstruments2022-03-31SC473476ns5:ShareCapitalns10:Original2023-03-31SC473476ns5:ShareCapitalns10:Original2022-03-31SC473476ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-31SC473476ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-31SC473476ns10:Originalns5:PlantMachinery2022-04-012023-03-31SC473476ns10:Originalns5:MotorVehicles2022-04-012023-03-31SC473476ns10:Original2021-04-012022-03-31SC473476ns10:Originalns5:LeaseholdImprovements2022-03-31SC473476ns10:Originalns5:PlantMachinery2022-03-31SC473476ns10:Originalns5:FurnitureFittings2022-03-31SC473476ns10:Originalns5:LeaseholdImprovements2022-04-012023-03-31SC473476ns10:Originalns5:FurnitureFittings2022-04-012023-03-31SC473476ns10:Originalns5:LeaseholdImprovements2023-03-31SC473476ns10:Originalns5:PlantMachinery2023-03-31SC473476ns10:Originalns5:FurnitureFittings2023-03-31SC473476ns10:Originalns5:LeaseholdImprovements2022-03-31SC473476ns10:Originalns5:PlantMachinery2022-03-31SC473476ns10:Originalns5:FurnitureFittings2022-03-31SC473476ns10:Originalns5:MotorVehicles2022-03-31SC473476ns10:Originalns5:ComputerEquipment2022-03-31SC473476ns10:Original2022-03-31SC473476ns10:Originalns5:ComputerEquipment2022-04-012023-03-31SC473476ns10:Originalns5:MotorVehicles2023-03-31SC473476ns10:Originalns5:ComputerEquipment2023-03-31SC473476ns10:Originalns5:MotorVehicles2022-03-31SC473476ns10:Originalns5:ComputerEquipment2022-03-31SC473476ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31SC473476ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-31
REGISTERED NUMBER: SC473476 (Scotland)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

James Hall Joinery Limited

James Hall Joinery Limited (Registered number: SC473476)






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


James Hall Joinery Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: J S Hall





SECRETARY:





REGISTERED OFFICE: 6 Market Square
Oldmeldrum
Inveruire
Aberdeenshire
AB51 0AA





REGISTERED NUMBER: SC473476 (Scotland)





ACCOUNTANTS: Add Accountancy Limited
6 Market Square
OLDMELDRUM
Aberdeenshire
AB51 0AA

James Hall Joinery Limited (Registered number: SC473476)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 433,996 576,706

CURRENT ASSETS
Stocks 233,631 57,500
Debtors 5 70,054 111,299
Cash at bank 112,924 125,575
416,609 294,374
CREDITORS
Amounts falling due within one year 6 468,110 582,800
NET CURRENT LIABILITIES (51,501 ) (288,426 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

382,495

288,280

CREDITORS
Amounts falling due after more than one
year

7

31,667

40,703
NET ASSETS 350,828 247,577

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 349,828 246,577
SHAREHOLDERS' FUNDS 350,828 247,577

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.

James Hall Joinery Limited (Registered number: SC473476)

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 21 November 2023 and were signed by:





J S Hall - Director


James Hall Joinery Limited (Registered number: SC473476)

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

1. STATUTORY INFORMATION

James Hall Joinery Limited is a private company, limited by shares , registered in Scotland. 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.
Plant and machinery - 25% on reducing balance
Motor vehicles - 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.

Hire purchase and leasing commitments
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.

James Hall Joinery Limited (Registered number: SC473476)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2022 - 27 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 April 2022 43,830 610,158 14,225
Additions - 4,645 -
Disposals - (91,995 ) -
At 31 March 2023 43,830 522,808 14,225
DEPRECIATION
At 1 April 2022 4,383 278,901 6,786
Charge for year 3,945 72,233 1,859
Eliminated on disposal - (45,024 ) -
At 31 March 2023 8,328 306,110 8,645
NET BOOK VALUE
At 31 March 2023 35,502 216,698 5,580
At 31 March 2022 39,447 331,257 7,439

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2022 386,390 10,048 1,064,651
Additions 68,131 3,672 76,448
Disposals (58,045 ) - (150,040 )
At 31 March 2023 396,476 13,720 991,059
DEPRECIATION
At 1 April 2022 192,353 5,522 487,945
Charge for year 56,688 2,050 136,775
Eliminated on disposal (22,633 ) - (67,657 )
At 31 March 2023 226,408 7,572 557,063
NET BOOK VALUE
At 31 March 2023 170,068 6,148 433,996
At 31 March 2022 194,037 4,526 576,706

James Hall Joinery Limited (Registered number: SC473476)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 47,654 95,914
VAT 19,910 15,385
Prepayments 2,490 -
70,054 111,299

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
JHJ Insulations Ltd 8,989 -
Hire purchase contracts 172,953 263,190
Trade creditors 203,342 204,746
Social security and other taxes 19,975 23,853
Other creditors 8,300 -
Directors' current accounts 37,582 45,804
Accrued expenses 16,969 45,207
468,110 582,800

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Bounce Back Loan 31,667 40,703