Caseware UK (AP4) 2022.0.179 2022.0.179 2023-07-312023-07-3132022-07-18falseNo description of principal activity0trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14238880 2022-07-17 14238880 2022-07-18 2023-07-31 14238880 2021-08-01 2022-07-17 14238880 2023-07-31 14238880 c:Director1 2022-07-18 2023-07-31 14238880 c:Director2 2022-07-18 2023-07-31 14238880 d:PlantMachinery 2022-07-18 2023-07-31 14238880 d:PlantMachinery 2023-07-31 14238880 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-07-18 2023-07-31 14238880 d:MotorVehicles 2022-07-18 2023-07-31 14238880 d:MotorVehicles 2023-07-31 14238880 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-07-18 2023-07-31 14238880 d:OfficeEquipment 2022-07-18 2023-07-31 14238880 d:OfficeEquipment 2023-07-31 14238880 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-07-18 2023-07-31 14238880 d:OwnedOrFreeholdAssets 2022-07-18 2023-07-31 14238880 d:CurrentFinancialInstruments 2023-07-31 14238880 d:Non-currentFinancialInstruments 2023-07-31 14238880 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 14238880 d:Non-currentFinancialInstruments d:AfterOneYear 2023-07-31 14238880 d:ShareCapital 2023-07-31 14238880 d:RetainedEarningsAccumulatedLosses 2023-07-31 14238880 c:OrdinaryShareClass1 2022-07-18 2023-07-31 14238880 c:OrdinaryShareClass1 2023-07-31 14238880 c:OrdinaryShareClass2 2022-07-18 2023-07-31 14238880 c:OrdinaryShareClass2 2023-07-31 14238880 c:OrdinaryShareClass3 2022-07-18 2023-07-31 14238880 c:OrdinaryShareClass3 2023-07-31 14238880 c:OrdinaryShareClass4 2022-07-18 2023-07-31 14238880 c:OrdinaryShareClass4 2023-07-31 14238880 c:OrdinaryShareClass5 2022-07-18 2023-07-31 14238880 c:OrdinaryShareClass5 2023-07-31 14238880 c:Micro-entities 2022-07-18 2023-07-31 14238880 c:AuditExempt-NoAccountantsReport 2022-07-18 2023-07-31 14238880 c:FullAccounts 2022-07-18 2023-07-31 14238880 c:PrivateLimitedCompanyLtd 2022-07-18 2023-07-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 14238880









EJC CONTRACTING LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 JULY 2023

 
EJC CONTRACTING LIMITED
REGISTERED NUMBER: 14238880

BALANCE SHEET
AS AT 31 JULY 2023

2023
Note
£

FIXED ASSETS
  

Tangible assets
 4 
485,415

  
485,415

CURRENT ASSETS
  

Stocks
  
9,759

Debtors: amounts falling due within one year
 5 
70,755

Cash at bank and in hand
 6 
22,131

  
102,645

Creditors: amounts falling due within one year
 7 
(484,985)

NET CURRENT (LIABILITIES)/ASSETS
  
 
 
(382,340)

TOTAL ASSETS LESS CURRENT LIABILITIES
  
103,075

Creditors: amounts falling due after more than one year
 8 
(100,336)

  

NET ASSETS
  
2,739


CAPITAL AND RESERVES
  

Called up share capital 
 10 
100

Profit and loss account
  
2,639

  
2,739

Page 1

 
EJC CONTRACTING LIMITED
REGISTERED NUMBER: 14238880
    
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 2023

NOTES

The directors consider 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 period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to entities subject to the micro-entities' regime.

The financial statements have been delivered in accordance with the 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: 




Edward Joseph Clappison
John Blanchard Clappison
Director
Director


Date: 15 April 2024

Page 2

 
EJC CONTRACTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2023

1.


GENERAL INFORMATION

EJC Contracting Limited (14238880), is a private limited company limited by shares, incorporated in England and Wales, with is registered office and principal place of business at Fullwell Farm, Steenwood Lane, Admaston, Rugeley, Staffordshire, WS15 3NG.

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 Financial Reporting Standard 105 the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

GOING CONCERN

Following the setup of the company it has been funded by the directors, with the plan to the company making a profit in the foreseable future.

Page 3

 
EJC CONTRACTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2023

2.ACCOUNTING POLICIES (CONTINUED)

 
2.3

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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

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.

 
2.4

FINANCE COSTS

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

TANGIBLE FIXED ASSETS

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.

Page 4

 
EJC CONTRACTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2023

2.ACCOUNTING POLICIES (CONTINUED)


2.5
TANGIBLE FIXED ASSETS (CONTINUED)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
20%
reducing balance
Motor vehicles
-
20%
reducing balance
Office equipment
-
20%
reducing balance

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.

 
2.6

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 balance sheet 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.

 
2.7

DEBTORS

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
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.

Page 5

 
EJC CONTRACTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2023

3.


EMPLOYEES

The average monthly number of employees, including the directors, during the period was as follows:


        2023
            No.






Employee
3


4.


TANGIBLE FIXED ASSETS





Plant and machinery
Motor vehicles
Office equipment
Total

£
£
£
£



COST OR VALUATION


Additions
605,185
37,791
1,005
643,981


Disposals
(25,978)
(11,238)
-
(37,216)



At 31 July 2023

579,207
26,553
1,005
606,765



DEPRECIATION


Charge for the period on owned assets
115,839
5,310
201
121,350



At 31 July 2023

115,839
5,310
201
121,350



NET BOOK VALUE



At 31 July 2023
463,368
21,243
804
485,415


5.


DEBTORS

2023
£


Trade debtors
58,395

Other debtors
9,834

Prepayments and accrued income
2,526

70,755


Page 6

 
EJC CONTRACTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2023

6.


CASH AND CASH EQUIVALENTS

2023
£

Cash at bank and in hand
22,131

22,131



7.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023
£

Trade creditors
52,895

Corporation tax
7,437

Other taxation and social security
1,519

Obligations under finance lease and hire purchase contracts
76,515

Other creditors
344,219

Accruals and deferred income
2,400

484,985



8.


CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2023
£

Net obligations under finance leases and hire purchase contracts
100,336

100,336



9.


HIRE PURCHASE AND FINANCE LEASES


Minimum lease payments under hire purchase fall due as follows:

2023
£


Within one year
76,515

Between 1-5 years
114,201

190,716

Page 7

 
EJC CONTRACTING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2023

10.


SHARE CAPITAL

2023
£
ALLOTTED, CALLED UP AND FULLY PAID


50 Ordinary Class A shares of £1.00 each
50
35 Ordinary Class B shares of £1.00 each
35
5 Ordinary Class C shares of £1.00 each
5
5 Ordinary Class D shares of £1.00 each
5
5 Ordinary Class E shares of £1.00 each
5

100




 
Page 8