IRIS Accounts Production v24.1.4.33 07077704 director 1.6.23 31.5.24 31.5.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh070777042023-05-31070777042024-05-31070777042023-06-012024-05-31070777042022-05-31070777042022-06-012023-05-31070777042023-05-3107077704ns15:EnglandWales2023-06-012024-05-3107077704ns14:PoundSterling2023-06-012024-05-3107077704ns10:Director12023-06-012024-05-3107077704ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3107077704ns10:SmallEntities2023-06-012024-05-3107077704ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3107077704ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3107077704ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3107077704ns10:FullAccounts2023-06-012024-05-3107077704ns10:RegisteredOffice2023-06-012024-05-3107077704ns5:CurrentFinancialInstruments2024-05-3107077704ns5:CurrentFinancialInstruments2023-05-3107077704ns5:ShareCapital2024-05-3107077704ns5:ShareCapital2023-05-3107077704ns5:RetainedEarningsAccumulatedLosses2024-05-3107077704ns5:RetainedEarningsAccumulatedLosses2023-05-3107077704ns5:PlantMachinery2023-06-012024-05-3107077704ns5:FurnitureFittings2023-06-012024-05-3107077704ns5:MotorVehicles2023-06-012024-05-3107077704ns5:ComputerEquipment2023-06-012024-05-3107077704ns5:PlantMachinery2023-05-3107077704ns5:FurnitureFittings2023-05-3107077704ns5:MotorVehicles2023-05-3107077704ns5:ComputerEquipment2023-05-3107077704ns5:PlantMachinery2024-05-3107077704ns5:FurnitureFittings2024-05-3107077704ns5:MotorVehicles2024-05-3107077704ns5:ComputerEquipment2024-05-3107077704ns5:PlantMachinery2023-05-3107077704ns5:FurnitureFittings2023-05-3107077704ns5:MotorVehicles2023-05-3107077704ns5:ComputerEquipment2023-05-3107077704ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-05-3107077704ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-31
REGISTERED NUMBER: 07077704 (England and Wales)









Unaudited Financial Statements

for the Year Ended 31 May 2024

for

TJW Contracting Ltd

TJW Contracting Ltd (Registered number: 07077704)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TJW Contracting Ltd

Company Information
for the Year Ended 31 May 2024







DIRECTOR: J Thompson





REGISTERED OFFICE: CFC House
Woodseats Close
Sheffield
South Yorkshire
S8 0TB





REGISTERED NUMBER: 07077704 (England and Wales)





ACCOUNTANTS: Camplejohn Rowan
CFC House
Acorn Business Park
Woodseats Close
Sheffield
South Yorkshire
S8 0TB

TJW Contracting Ltd (Registered number: 07077704)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 39,184 1,512

CURRENT ASSETS
Stocks 8,782 202,912
Debtors 5 179,034 46,661
Cash at bank 10,451 22,671
198,267 272,244
CREDITORS
Amounts falling due within one year 6 (190,599 ) (258,007 )
NET CURRENT ASSETS 7,668 14,237
TOTAL ASSETS LESS CURRENT
LIABILITIES

46,852

15,749

PROVISIONS FOR LIABILITIES (7,445 ) (287 )
NET ASSETS 39,407 15,462

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 39,406 15,461
SHAREHOLDERS' FUNDS 39,407 15,462

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 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.

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 10 July 2024 and were signed by:



J Thompson - Director


TJW Contracting Ltd (Registered number: 07077704)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

TJW Contracting Ltd is a private company, limited by shares , registered in England and Wales. 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 represents the provision of building services. It is recognised when the services are provided. For long term jobs, interim invoices are raised.

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
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - NIL ) .

TJW Contracting Ltd (Registered number: 07077704)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 June 2023 6,006 133 - 3,854 9,993
Additions - - 49,985 999 50,984
Disposals - - - (798 ) (798 )
At 31 May 2024 6,006 133 49,985 4,055 60,179
DEPRECIATION
At 1 June 2023 5,106 116 - 3,259 8,481
Charge for year 225 4 12,496 335 13,060
Eliminated on disposal - - - (546 ) (546 )
At 31 May 2024 5,331 120 12,496 3,048 20,995
NET BOOK VALUE
At 31 May 2024 675 13 37,489 1,007 39,184
At 31 May 2023 900 17 - 595 1,512

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Other debtors 176,949 46,661
VAT 2,085 -
179,034 46,661

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 33,652 33,652
Trade creditors 84,718 86,606
Tax 688 3,735
VAT - 2,151
Other creditors 30,000 30,000
Directors' current accounts 40,041 100,363
Accrued expenses 1,500 1,500
190,599 258,007