Registered number
10871505
JPD Civils Limited
Report and Accounts
31 July 2023
JPD Civils Limited
Report to the director on the preparation of the unaudited statutory accounts of JPD Civils Limited for the year ended 31 July 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of JPD Civils Limited for the year ended 31 July 2023 which comprise of the Profit and Loss Account, the 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://rulebook.accaglobal.com/
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.
Coalesco Accountants Limited
Chartered Certified Accountants
156 Russell Drive
Wollaton
Nottingham
Nottinghamshire
NG8 2BE
29 August 2024
JPD Civils Limited
Registered number: 10871505
Balance Sheet
as at 31 July 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 1,214,469 753,680
Current assets
Debtors 4 146,419 132,615
Cash at bank and in hand 696,687 557,873
843,106 690,488
Creditors: amounts falling due within one year 5 (302,191) (250,108)
Net current assets 540,915 440,380
Total assets less current liabilities 1,755,384 1,194,060
Creditors: amounts falling due after more than one year 6 (220,968) (161,733)
Net assets 1,534,416 1,032,327
Capital and reserves
Called up share capital 100 100
Profit and loss account 1,534,316 1,032,227
Shareholder's funds 1,534,416 1,032,327
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
S Friel
Director
Approved by the board on 29 August 2024
JPD Civils Limited
Notes to the Accounts
for the year ended 31 July 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% Reducing balance
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
Grants Received
Grants received as compensation for costs already incurred or for immediate financial support, with no future related costs, are recognised as income in the period in which it is receivable.
Leased assets
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 4 4
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 August 2022 1,077,681 101,174 1,178,855
Additions 539,282 128,977 668,259
At 31 July 2023 1,616,963 230,151 1,847,114
Depreciation
At 1 August 2022 368,102 57,073 425,175
Charge for the year 179,236 28,234 207,470
At 31 July 2023 547,338 85,307 632,645
Net book value
At 31 July 2023 1,069,625 144,844 1,214,469
At 31 July 2022 709,579 44,101 753,680
4 Debtors 2023 2022
£ £
Other debtors 146,419 132,615
146,419 132,615
5 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts 10,000 10,000
Obligations under finance lease and hire purchase contracts 118,569 114,725
Trade creditors 19,517 4,613
Corporation tax 61,360 61,360
Other taxes and social security costs 47,810 30,122
Other creditors 44,935 29,288
302,191 250,108
6 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 18,518 29,167
Obligations under finance lease and hire purchase contracts 202,450 132,566
220,968 161,733
7 Loans 2023 2022
£ £
Creditors include:
Secured bank loans 28,518 39,167
The bank loan is guaranteed by the government to a maximum level of £40,000 being 80% of the principal loan sum.
8 Other information
JPD Civils Limited is a private company limited by shares and incorporated in England. Its registered office is:
The Spinney
Trowell Moor
Trowell
Nottingham
NG9 3PQ
JPD Civils Limited 10871505 false 2022-08-01 2023-07-31 2023-07-31 VT Final Accounts April 2024 S Friel No description of principal activity 10871505 2021-08-01 2022-07-31 10871505 core:WithinOneYear 2022-07-31 10871505 core:AfterOneYear 2022-07-31 10871505 core:ShareCapital 2022-07-31 10871505 core:RetainedEarningsAccumulatedLosses 2022-07-31 10871505 2022-08-01 2023-07-31 10871505 bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 10871505 bus:AuditExemptWithAccountantsReport 2022-08-01 2023-07-31 10871505 bus:Director40 2022-08-01 2023-07-31 10871505 core:PlantMachinery 2022-08-01 2023-07-31 10871505 core:Vehicles 2022-08-01 2023-07-31 10871505 countries:England 2022-08-01 2023-07-31 10871505 bus:FRS102 2022-08-01 2023-07-31 10871505 bus:FilletedAccounts 2022-08-01 2023-07-31 10871505 2023-07-31 10871505 core:WithinOneYear 2023-07-31 10871505 core:AfterOneYear 2023-07-31 10871505 core:ShareCapital 2023-07-31 10871505 core:RetainedEarningsAccumulatedLosses 2023-07-31 10871505 core:PlantMachinery 2023-07-31 10871505 core:Vehicles 2023-07-31 10871505 2022-07-31 10871505 core:PlantMachinery 2022-07-31 10871505 core:Vehicles 2022-07-31 iso4217:GBP xbrli:pure