2022-08-01 07327715 2023-07-31 07327715 2022-08-01 2023-07-31 07327715 2022-07-31 07327715 2021-08-01 2022-07-31 07327715 uk-core:WithinOneYear 2022-07-31 07327715 uk-core:WithinOneYear 2023-07-31 07327715 uk-core:ShareCapital 2023-07-31 07327715 uk-core:ShareCapital 2022-07-31 07327715 uk-core:RetainedEarningsAccumulatedLosses 2023-07-31 07327715 uk-core:RetainedEarningsAccumulatedLosses 2022-07-31 07327715 uk-bus:Director1 2022-08-01 2023-07-31 07327715 uk-bus:Director2 2022-08-01 2023-07-31 07327715 uk-core:NetGoodwill 2022-08-01 2023-07-31 07327715 uk-core:LandBuildings uk-core:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 07327715 uk-core:PlantMachinery 2022-08-01 2023-07-31 07327715 uk-core:ComputerEquipment 2022-08-01 2023-07-31 07327715 uk-core:MotorVehicles 2022-08-01 2023-07-31 07327715 uk-core:Goodwill 2022-07-31 07327715 uk-core:Goodwill 2023-07-31 07327715 uk-core:Goodwill 2022-08-01 2023-07-31 07327715 uk-core:ComputerEquipment 2022-07-31 07327715 uk-core:MotorVehicles 2022-07-31 07327715 uk-core:PlantMachinery 2022-07-31 07327715 uk-core:LandBuildings uk-core:OwnedOrFreeholdAssets 2022-07-31 07327715 uk-core:PlantMachinery 2023-07-31 07327715 uk-core:MotorVehicles 2023-07-31 07327715 uk-core:ComputerEquipment 2023-07-31 07327715 uk-core:LandBuildings uk-core:OwnedOrFreeholdAssets 2023-07-31 iso4217:GBP xbrli:pure 07327715 uk-bus:AuditExemptWithAccountantsReport 2022-08-01 2023-07-31 07327715 uk-bus:FRS102 2022-08-01 2023-07-31 07327715 uk-bus:FilletedAccounts 2022-08-01 2023-07-31 07327715 uk-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31
Jamie Brown Roofing & Leadwork Limited
Registered Number:07327715
For the year ended 31 July 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 July 2023
Jamie Brown Roofing & Leadwork Limited
Contents Page
1 to 2
Statement of Financial Position
3 to 6
Notes to the Financial Statements
3
Registered Number :
07327715
As at 31 July 2023
Jamie Brown Roofing & Leadwork Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Intangible assets
1,600
2,400
2
Property, plant and equipment
560,733
18,846
3
562,333
21,246
Current assets
Inventories
22,940
57,296
4
Trade and other receivables
127,588
49,016
5
333,368
Cash and cash equivalents
150,721
257,033
483,896
Trade and other payables: amounts falling due within
one year
(143,397)
(422,744)
6
340,499
(165,711)
Net current liabilities
Total assets less current liabilities
396,622
361,745
(10,444)
(3,581)
Provisions for liabilities
386,178
Net assets
358,164
Capital and reserves
Called up share capital
2
2
Retained earnings
386,176
358,162
386,178
358,164
Shareholders' funds
For the year ended 31 July 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 of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
1 of 6
4
Registered Number :
07327715
For the year ended 31 July 2023
Jamie Brown Roofing & Leadwork Limited
Statement of Financial Position Continued
Jamie Brown Director
Katrina Brown Director
These financial statements were approved and authorised for issue by the Board on 03 April 2024 and were signed by:
The notes form part of these financial statements
2 of 6
5
For the year ended 31 July 2023
Jamie Brown Roofing & Leadwork Limited
Notes to the Financial Statements
Statutory Information
Jamie Brown Roofing & Leadwork Limited is a private limited company, limited by shares, domiciled in
England and Wales, registration number 07327715.
Principal place of business:
25 Crofts Lea Park
Ilfracombe
DEVON
EX34 9PN
Registered address:
10/11 Northfield Road
Ilfracombe
DEVON
EX34 8AL
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic
of Ireland' and the Companies Act 2006. The financial statements have been prepared under the
historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of 10 years from 1st August 2015 in accordance with FRS 102.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and buildings
2% Straight line
Plant and machinery
15% Reducing balance
15% Reducing balance
Computer equipment
25% Reducing balance
Motor vehicles
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.
3 of 6
6
For the year ended 31 July 2023
Jamie Brown Roofing & Leadwork Limited
Notes to the Financial Statements Continued
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 August 2022
10,000
At 31 July 2023
10,000
Amortisation
At 01 August 2022
7,600
800
Charge for year
At 31 July 2023
8,400
Net book value
At 31 July 2023
1,600
At 31 July 2022
2,400
3. Property, plant and equipment
Total
Computer
equipment
Motor
vehicles
Plant and
machinery
Land and
buildings
£
£
£
£
£
Cost or
valuation
At 01 August 2022
59,050
5,563
48,530
4,957
-
561,282
166
-
31,778
529,338
Additions
At 31 July 2023
36,735
48,530
5,729
620,332
529,338
Provision for depreciation and impairment
At 01 August 2022
40,204
1,832
35,984
2,388
-
Charge for year
19,395
726
3,137
5,151
10,381
At 31 July 2023
59,599
2,558
39,121
7,539
10,381
At 31 July 2023
Net book value
518,957
29,196
9,409
3,171
560,733
At 31 July 2022
-
2,569
12,546
3,731
18,846
4 of 6
7
For the year ended 31 July 2023
Jamie Brown Roofing & Leadwork Limited
Notes to the Financial Statements Continued
4. Inventories
2022
2023
£
£
Stocks
57,296
22,940
Inventories are valued at the lower of cost and selling price less costs to complete and sell. Cost is defined as the actual cost of materials. Provision is made for obsolete and slow-moving items. In respect of work in progress this is the percentage of any sales contract that has been completed within the year but invoiced after the year-end and is based on the sales invoice total.
5. Trade and other receivables
2022
2023
£
£
Trade debtors
28,284
81,954
Other debtors
20,732
45,634
127,588
49,016
6. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
77,590
27,142
Taxation and social security
30,365
47,386
Other creditors
314,789
68,869
422,744
143,397
5 of 6
8
For the year ended 31 July 2023
Jamie Brown Roofing & Leadwork Limited
Notes to the Financial Statements Continued
7. Related party transactions
The directors clntinue to support the company and have iincreased the amount leant to the comapny
during this year, as detailed below.
Balance as at Drawn in Year Introduced Balamce as at
01 August 23 31 July 23
£ £ £ £
Mr J Brown 0 10,659 160,483 149,824
Mrs K Brown 70,001 45,659 160,483 149,825
Controlling Interest
Mr J Brown and Mrs K Brown each own 50% of the ordinary share capital, and as connected persons
have joint control.
8. Average number of persons employed
During the year the average number of employees was 9 (2022 : 9)
6 of 6