Registered number
10009453
TJH Builders Limited
Filleted Accounts
28 February 2023
TJH Builders Limited
Registered number: 10009453
Balance Sheet
as at 28 February 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 131,199 85,702
Current assets
Stocks 4,466 4,531
Debtors 4 59,032 34,210
Cash at bank and in hand 24,572 68,881
88,070 107,622
Creditors: amounts falling due within one year 5 (87,825) (59,191)
Net current assets 245 48,431
Total assets less current liabilities 131,444 134,133
Creditors: amounts falling due after more than one year 6 (72,478) (65,426)
Provisions for liabilities (24,928) (16,283)
Net assets 34,038 52,424
Capital and reserves
Called up share capital 1 1
Profit and loss account 34,037 52,423
Shareholder's funds 34,038 52,424
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
MTD Evans
Director
Approved by the board on 12 September 2023
TJH Builders Limited
Notes to the Accounts
for the year ended 28 February 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover represents the amounts (excluding value added tax) derived from the provision of goods and services to customers during the year.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the costs, less estimated residual value, of each asset over its expected useful life. The methods and applicable rates are:
Plant and machinery 15% per annum of net book value
Motor Vehicles 15% per annum of net book value
Stocks
Stocks are stated at the lower of cost, using the first in first out method, and selling price less costs to complete and sell.
Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are initially recognised at transaction price including any transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are initially recognised at transaction price, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Deferred Taxation
Full provision is made for deferred tax assets and liabilities arising from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes.
Leased assets
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases.

The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets (or, if lower, the present value of the minimum lease payments).
Lease payments are apportioned between finance charges and the reduction in the outstanding liability using the effective interest method so as to achieve a constant rate of interest on the remaining balance of the liability. Finance charges are deducted in measuring profit or loss. Assets held under finance leases are included in tangible fixed assets and depreciated and reviewed for impairment losses in the same way as owned assets.

Operating lease payments are charged to profit or loss on a straight-line basis over the lease term. Where a lease includes pre-set increases in the rent payable to reflect expected inflation, then the annual expense is recognised in line with this stepped schedule.

The aggregate benefits of any lease incentives are recognised as a reduction to the expense recognised over the lease term on a straight-line basis.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 5 5
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 March 2022 59,604 76,960 136,564
Additions 3,162 65,458 68,620
At 28 February 2023 62,766 142,418 205,184
Depreciation
At 1 March 2022 18,706 32,156 50,862
Charge for the year 6,585 16,538 23,123
At 28 February 2023 25,291 48,694 73,985
Net book value
At 28 February 2023 37,475 93,724 131,199
At 28 February 2022 40,898 44,804 85,702
4 Debtors 2023 2022
£ £
Trade debtors 52,315 30,156
Other debtors 6,717 4,054
59,032 34,210
5 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts 10,000 10,000
Obligations under finance lease and hire purchase contracts 31,146 7,900
Trade creditors 17,509 25,949
Corporation tax - 282
Other taxes and social security costs 21,519 14,258
Other creditors 7,651 802
87,825 59,191
6 Creditors: amounts falling due after one year 2023 2022
£ £
Other loans 24,167 34,167
Obligations under finance lease and hire purchase contracts 35,021 15,126
Directors loan account 13,290 16,133
72,478 65,426
7 Related party transactions
The long term directors loan account is interest free. The balance owing at the year end is £13,294 and £16,133 at the beginning of the year.
8 Controlling party
The company is controlled by MTD Evans who owns 100% of the share capital of the company
9 Other information
TJH Builders Limited is a private company limited by shares and incorporated in England and Wales. The registered office is:
9 Lloyd Street
Llandudno
Conwy
LL30 2UU
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