Caseware UK (AP4) 2022.0.179 2022.0.179 2023-05-312023-05-3112022-06-01falseNo description of principal activity1truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 04764843 2022-06-01 2023-05-31 04764843 2023-05-31 04764843 2021-06-01 2022-05-31 04764843 2022-05-31 04764843 c:Director1 2022-06-01 2023-05-31 04764843 d:MotorVehicles 2022-06-01 2023-05-31 04764843 d:MotorVehicles 2023-05-31 04764843 d:MotorVehicles 2022-05-31 04764843 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-06-01 2023-05-31 04764843 d:ComputerEquipment 2022-06-01 2023-05-31 04764843 d:ComputerEquipment 2023-05-31 04764843 d:ComputerEquipment 2022-05-31 04764843 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-06-01 2023-05-31 04764843 d:OwnedOrFreeholdAssets 2022-06-01 2023-05-31 04764843 d:Goodwill 2023-05-31 04764843 d:Goodwill 2022-05-31 04764843 d:CurrentFinancialInstruments 2023-05-31 04764843 d:CurrentFinancialInstruments 2022-05-31 04764843 d:Non-currentFinancialInstruments 2023-05-31 04764843 d:Non-currentFinancialInstruments 2022-05-31 04764843 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 04764843 d:CurrentFinancialInstruments d:WithinOneYear 2022-05-31 04764843 d:Non-currentFinancialInstruments d:AfterOneYear 2023-05-31 04764843 d:Non-currentFinancialInstruments d:AfterOneYear 2022-05-31 04764843 d:ShareCapital 2023-05-31 04764843 d:ShareCapital 2022-05-31 04764843 d:RetainedEarningsAccumulatedLosses 2023-05-31 04764843 d:RetainedEarningsAccumulatedLosses 2022-05-31 04764843 c:FRS102 2022-06-01 2023-05-31 04764843 c:AuditExempt-NoAccountantsReport 2022-06-01 2023-05-31 04764843 c:FullAccounts 2022-06-01 2023-05-31 04764843 c:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 iso4217:GBP xbrli:pure
Company registration number: 04764843







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MAY 2023


SCOTT JEAL BUILDING CONTRACTORS LIMITED






































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SCOTT JEAL BUILDING CONTRACTORS LIMITED
REGISTERED NUMBER:04764843



STATEMENT OF FINANCIAL POSITION
AS AT 31 MAY 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
  
65
87

  
65
87

Current assets
  

Stocks
  
-
962

Debtors: amounts falling due within one year
 6 
270
270

Bank and cash balances
  
21,645
22,513

  
21,915
23,745

Creditors: amounts falling due within one year
 7 
(7,956)
(8,832)

Net current assets
  
 
 
13,959
 
 
14,913

Total assets less current liabilities
  
14,024
15,000

Creditors: amounts falling due after more than one year
 8 
(6,360)
(9,255)

  

Net assets
  
7,664
5,745


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
7,663
5,744

  
7,664
5,745


Page 1

 


SCOTT JEAL BUILDING CONTRACTORS LIMITED
REGISTERED NUMBER:04764843


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MAY 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
Mr S Jeal
Director
Date: 19 November 2023

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 


SCOTT JEAL BUILDING CONTRACTORS LIMITED
 


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

1.


General information

These financial statements have been prepared in compliance with FRS102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
Scott Jeal Building Contractors Limited is a company limited by shares, registered in England and Wales under the Companies Act 2006. The registered number for Scott Jeal Building Contractors Limited is 04764843. The address of the company's registered office is disclosed on the company information page. The principal place of business during the year was 28 Bournside Road, Addlestone, Surrey, KT15 2HZ.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 


SCOTT JEAL BUILDING CONTRACTORS LIMITED
 


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

2.Accounting policies (continued)

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.6

Intangible assets fixed assets and amortisation

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.7

Tangible fixed assets and depreciation

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.

Depreciation is provided on the following basis:

Motor vehicles
-
25% reducing balance
Computer equipment
-
3 years straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

Page 4

 


SCOTT JEAL BUILDING CONTRACTORS LIMITED
 


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

2.Accounting policies (continued)

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


4.


Intangible assets




Goodwill

£



Cost


At 1 June 2022
5,000



At 31 May 2023

5,000



Amortisation


At 1 June 2022
5,000



At 31 May 2023

5,000



Net book value



At 31 May 2023
-



At 31 May 2022
-



Page 5

 


SCOTT JEAL BUILDING CONTRACTORS LIMITED
 


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

5.


Tangible fixed assets





Motor vehicles
Computer equipment
Total

£
£
£



Cost or valuation


At 1 June 2022
11,546
648
12,194



At 31 May 2023

11,546
648
12,194



Depreciation


At 1 June 2022
11,459
648
12,107


Charge for the year on owned assets
22
-
22



At 31 May 2023

11,481
648
12,129



Net book value



At 31 May 2023
65
-
65



At 31 May 2022
87
-
87


6.


Debtors

2023
2022
£
£


Other debtors
270
270

270
270



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other loans
2,895
2,895

Trade creditors
-
534

Corporation tax
3,036
3,289

Other creditors
15
212

Accruals and deferred income
2,010
1,902

7,956
8,832


Page 6

 


SCOTT JEAL BUILDING CONTRACTORS LIMITED
 


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

8.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Other loans
6,360
9,255

6,360
9,255


 
Page 7