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REGISTERED NUMBER: 05696004 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

JACKSON BUILDERS (SOUTH) LTD

JACKSON BUILDERS (SOUTH) LTD (REGISTERED NUMBER: 05696004)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


JACKSON BUILDERS (SOUTH) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTORS: R C Jackson
G J Jackson





REGISTERED OFFICE: 52-54 Winchester Street
Salisbury
Wiltshire
SP1 1HG





REGISTERED NUMBER: 05696004 (England and Wales)





ACCOUNTANTS: Ray Bartlett & Co
Accountants & Taxation Consultants
52-54 Winchester Street
Salisbury
Wiltshire
SP1 1HG

JACKSON BUILDERS (SOUTH) LTD (REGISTERED NUMBER: 05696004)

STATEMENT OF FINANCIAL POSITION
29 FEBRUARY 2024

29.2.24 28.2.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 63,868 10,833

CURRENT ASSETS
Stocks 5 11,850 9,794
Debtors 6 20,126 14,691
Cash at bank and in hand 81,106 122,324
113,082 146,809
CREDITORS
Amounts falling due within one year 7 (19,266 ) (19,390 )
NET CURRENT ASSETS 93,816 127,419
TOTAL ASSETS LESS CURRENT
LIABILITIES

157,684

138,252

PROVISIONS FOR LIABILITIES 8 (12,135 ) (2,058 )
NET ASSETS 145,549 136,194

CAPITAL AND RESERVES
Called up share capital 9 3 3
Retained earnings 10 145,546 136,191
SHAREHOLDERS' FUNDS 145,549 136,194

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

JACKSON BUILDERS (SOUTH) LTD (REGISTERED NUMBER: 05696004)

STATEMENT OF FINANCIAL POSITION - continued
29 FEBRUARY 2024


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 Board of Directors and authorised for issue on 22 April 2024 and were signed on its behalf by:





R C Jackson - Director


JACKSON BUILDERS (SOUTH) LTD (REGISTERED NUMBER: 05696004)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024


1. STATUTORY INFORMATION

Jackson Builders (South) 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 cost
Motor vehicles - 25% on cost
Office equipment - 25% on cost

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 statement of financial position date.

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.

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.

JACKSON BUILDERS (SOUTH) LTD (REGISTERED NUMBER: 05696004)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Office
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 March 2023 13,069 15,017 1,425 29,511
Additions - 59,459 - 59,459
At 29 February 2024 13,069 74,476 1,425 88,970
DEPRECIATION
At 1 March 2023 6,460 10,793 1,425 18,678
Charge for year 1,652 4,772 - 6,424
At 29 February 2024 8,112 15,565 1,425 25,102
NET BOOK VALUE
At 29 February 2024 4,957 58,911 - 63,868
At 28 February 2023 6,609 4,224 - 10,833

5. STOCKS
29.2.24 28.2.23
£    £   
Stocks 150 125
Work-in-progress 11,700 9,669
11,850 9,794

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 18,222 12,787
Prepayments and accrued income 1,904 1,904
20,126 14,691

JACKSON BUILDERS (SOUTH) LTD (REGISTERED NUMBER: 05696004)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade creditors 7,141 7,787
Social security and other taxes 828 643
VAT 7,860 4,922
Directors' current accounts 2,437 5,038
Accrued expenses 1,000 1,000
19,266 19,390

8. PROVISIONS FOR LIABILITIES
29.2.24 28.2.23
£    £   
Deferred tax
Accelerated capital allowances 12,135 2,058

Deferred
tax
£   
Balance at 1 March 2023 2,058
Accelerated capital allowances 10,077
Balance at 29 February 2024 12,135

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
1 Ordinary £1 1 1
2 Ordinary "A" Non Voting £1 2 2
3 3

10. RESERVES
Retained
earnings
£   

At 1 March 2023 136,191
Profit for the year 19,355
Dividends (10,000 )
At 29 February 2024 145,546