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REGISTERED NUMBER: 04598249 (England and Wales)














Unaudited Financial Statements

For The Year Ended 30th November 2023

for

J W Reeves Builders Limited

J W Reeves Builders Limited (Registered number: 04598249)






Contents of the Financial Statements
For The Year Ended 30th November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 6

J W Reeves Builders Limited

Company Information
For The Year Ended 30th November 2023







DIRECTOR: J W Reeves





SECRETARY: Mrs A M Reeves





REGISTERED OFFICE: Collingwood
87 Park Road
Christchurch
Coleford
Gloucestershire
GL16 7AZ





REGISTERED NUMBER: 04598249 (England and Wales)





ACCOUNTANTS: Wildin (Accountants & Auditors) Ltd
Kings Buildings
Lydney
Gloucestershire
GL15 5HE

J W Reeves Builders Limited (Registered number: 04598249)

Balance Sheet
30th November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 320,903 306,422

CURRENT ASSETS
Stocks 976,549 589,122
Debtors 6 90,549 127,416
Cash at bank 262,361 594,380
1,329,459 1,310,918
CREDITORS
Amounts falling due within one year 7 224,340 223,415
NET CURRENT ASSETS 1,105,119 1,087,503
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,426,022

1,393,925

PROVISIONS FOR LIABILITIES 25,066 20,106
NET ASSETS 1,400,956 1,373,819

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,400,856 1,373,719
SHAREHOLDERS' FUNDS 1,400,956 1,373,819

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2023 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.

J W Reeves Builders Limited (Registered number: 04598249)

Balance Sheet - continued
30th November 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 Income Statement has not been delivered.

The financial statements were approved and authorised for issue by the director and authorised for issue on 24th June 2024 and were signed by:





J W Reeves - Director


J W Reeves Builders Limited (Registered number: 04598249)

Notes to the Financial Statements
For The Year Ended 30th November 2023

1. STATUTORY INFORMATION

J W Reeves Builders Limited 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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 etc - 25% on reducing balance and 20% on reducing balance

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 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.

Pension costs
The company operates a National Employment Savings Trust Scheme (NEST) in respect of pension contributions for the Employees of the company.

J W Reeves Builders Limited (Registered number: 04598249)

Notes to the Financial Statements - continued
For The Year Ended 30th November 2023

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 8 ) .

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st December 2022 200,602 228,520 429,122
Additions 6,000 37,042 43,042
Disposals - (10,000 ) (10,000 )
At 30th November 2023 206,602 255,562 462,164
DEPRECIATION
At 1st December 2022 - 122,700 122,700
Charge for year - 27,581 27,581
Eliminated on disposal - (9,020 ) (9,020 )
At 30th November 2023 - 141,261 141,261
NET BOOK VALUE
At 30th November 2023 206,602 114,301 320,903
At 30th November 2022 200,602 105,820 306,422

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 82,359 120,125
Other debtors 8,190 7,291
90,549 127,416

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade creditors 38,093 58,650
Taxation and social security 48,702 43,661
Other creditors 137,545 121,104
224,340 223,415

Chartered Certified Accountants' Report to the Director
on the Unaudited Financial Statements of
J W Reeves Builders Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of J W Reeves Builders Limited for the year ended 30th November 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of J W Reeves Builders Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of J W Reeves Builders Limited and state those matters that we have agreed to state to the director of J W Reeves Builders Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that J W Reeves Builders Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of J W Reeves Builders Limited. You consider that J W Reeves Builders Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of J W Reeves Builders Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Wildin (Accountants & Auditors) Ltd
Kings Buildings
Lydney
Gloucestershire
GL15 5HE


24th June 2024