IRIS Accounts Production v24.2.0.383 06571281 Board of Directors 1.10.22 31.12.23 31.12.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh065712812022-09-30065712812023-12-31065712812022-10-012023-12-31065712812021-12-31065712812022-01-012022-09-30065712812022-09-3006571281ns15:EnglandWales2022-10-012023-12-3106571281ns14:PoundSterling2022-10-012023-12-3106571281ns10:Director12022-10-012023-12-3106571281ns10:PrivateLimitedCompanyLtd2022-10-012023-12-3106571281ns10:SmallEntities2022-10-012023-12-3106571281ns10:AuditExempt-NoAccountantsReport2022-10-012023-12-3106571281ns10:SmallCompaniesRegimeForDirectorsReport2022-10-012023-12-3106571281ns10:SmallCompaniesRegimeForAccounts2022-10-012023-12-3106571281ns10:FullAccounts2022-10-012023-12-3106571281ns10:OrdinaryShareClass12022-10-012023-12-3106571281ns10:Director22022-10-012023-12-3106571281ns10:CompanySecretary12022-10-012023-12-3106571281ns10:RegisteredOffice2022-10-012023-12-3106571281ns5:CurrentFinancialInstruments2023-12-3106571281ns5:CurrentFinancialInstruments2022-09-3006571281ns5:ShareCapital2023-12-3106571281ns5:ShareCapital2022-09-3006571281ns5:RetainedEarningsAccumulatedLosses2023-12-3106571281ns5:RetainedEarningsAccumulatedLosses2022-09-3006571281ns5:PlantMachinery2022-10-012023-12-3106571281ns5:MotorVehicles2022-10-012023-12-3106571281ns5:ComputerEquipment2022-10-012023-12-3106571281ns5:PlantMachinery2022-09-3006571281ns5:MotorVehicles2022-09-3006571281ns5:ComputerEquipment2022-09-3006571281ns5:PlantMachinery2023-12-3106571281ns5:MotorVehicles2023-12-3106571281ns5:ComputerEquipment2023-12-3106571281ns5:PlantMachinery2022-09-3006571281ns5:MotorVehicles2022-09-3006571281ns5:ComputerEquipment2022-09-3006571281ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3106571281ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-09-3006571281ns5:DeferredTaxation2022-09-3006571281ns5:DeferredTaxation2022-10-012023-12-3106571281ns5:DeferredTaxation2023-12-3106571281ns10:OrdinaryShareClass12023-12-31
REGISTERED NUMBER: 06571281 (England and Wales)















Financial Statements for the Period 1 October 2022 to 31 December 2023

for

JC Quality Construction Ltd

JC Quality Construction Ltd (Registered number: 06571281)

Contents of the Financial Statements
for the Period 1 October 2022 to 31 December 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JC Quality Construction Ltd

Company Information
for the Period 1 October 2022 to 31 December 2023







DIRECTORS: J A Connelly
G K Connelly





SECRETARY: G K Connelly





REGISTERED OFFICE: Suites 5 & 6 The Printworks
Hey Road
Barrow
Clitheroe
Lancashire
BB7 9WB





REGISTERED NUMBER: 06571281 (England and Wales)





ACCOUNTANTS: Bennett Kirkhope Smith
Chartered Certified Accountants
Suites 5 & 6 The Printworks
Hey Road
Barrow
Clitheroe
Lancashire
BB7 9WB

JC Quality Construction Ltd (Registered number: 06571281)

Balance Sheet
31 December 2023

31.12.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 30,195 19,002

CURRENT ASSETS
Stocks 5 134,021 87,489
Debtors 6 27,739 18,713
Cash at bank 121,121 150,359
282,881 256,561
CREDITORS
Amounts falling due within one year 7 178,878 149,890
NET CURRENT ASSETS 104,003 106,671
TOTAL ASSETS LESS CURRENT
LIABILITIES

134,198

125,673

PROVISIONS FOR LIABILITIES 8 8,232 4,125
NET ASSETS 125,966 121,548

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 125,866 121,448
SHAREHOLDERS' FUNDS 125,966 121,548

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2023 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.

JC Quality Construction Ltd (Registered number: 06571281)

Balance Sheet - continued
31 December 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 August 2024 and were signed on its behalf by:





J A Connelly - Director


JC Quality Construction Ltd (Registered number: 06571281)

Notes to the Financial Statements
for the Period 1 October 2022 to 31 December 2023


1. STATUTORY INFORMATION

JC Quality Construction 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 reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Work in progress is valued at selling price.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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 period was 3 (2022 - 3 ) .

JC Quality Construction Ltd (Registered number: 06571281)

Notes to the Financial Statements - continued
for the Period 1 October 2022 to 31 December 2023


4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 October 2022 31,353 - 4,007 35,360
Additions 2,776 20,829 666 24,271
At 31 December 2023 34,129 20,829 4,673 59,631
DEPRECIATION
At 1 October 2022 14,214 - 2,144 16,358
Charge for period 5,632 6,184 1,262 13,078
At 31 December 2023 19,846 6,184 3,406 29,436
NET BOOK VALUE
At 31 December 2023 14,283 14,645 1,267 30,195
At 30 September 2022 17,139 - 1,863 19,002

5. STOCKS
31.12.23 30.9.22
£    £   
Work-in-progress 134,021 87,489

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 30.9.22
£    £   
Trade debtors - 1,980
VAT 27,057 16,733
Prepayments 682 -
27,739 18,713

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 30.9.22
£    £   
Trade creditors 104,352 71,167
Corporation tax 16,913 18,879
Social security and other taxes 887 1,478
Directors' current accounts 23,568 12,571
Accrued expenses 33,158 45,795
178,878 149,890

8. PROVISIONS FOR LIABILITIES
31.12.23 30.9.22
£    £   
Deferred tax 8,232 4,125

JC Quality Construction Ltd (Registered number: 06571281)

Notes to the Financial Statements - continued
for the Period 1 October 2022 to 31 December 2023


8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 October 2022 4,125
Charge to Statement of Income and Retained Earnings during
period

4,107
Balance at 31 December 2023 8,232

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 30.9.22
value: £    £   
100 Ordinary £1 100 100

10. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party but J & G Connelly acting in concert control the company by virtue of their 100% shareholding in the company.