Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-31true2023-06-01falseNo description of principal activity11trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 04764843 2023-06-01 2024-05-31 04764843 2024-05-31 04764843 2022-06-01 2023-05-31 04764843 2023-05-31 04764843 c:Director1 2023-06-01 2024-05-31 04764843 d:MotorVehicles 2023-06-01 2024-05-31 04764843 d:MotorVehicles 2024-05-31 04764843 d:MotorVehicles 2023-05-31 04764843 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 04764843 d:ComputerEquipment 2023-06-01 2024-05-31 04764843 d:ComputerEquipment 2024-05-31 04764843 d:ComputerEquipment 2023-05-31 04764843 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 04764843 d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 04764843 d:Goodwill 2024-05-31 04764843 d:Goodwill 2023-05-31 04764843 d:CurrentFinancialInstruments 2024-05-31 04764843 d:CurrentFinancialInstruments 2023-05-31 04764843 d:Non-currentFinancialInstruments 2024-05-31 04764843 d:Non-currentFinancialInstruments 2023-05-31 04764843 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 04764843 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 04764843 d:Non-currentFinancialInstruments d:AfterOneYear 2024-05-31 04764843 d:Non-currentFinancialInstruments d:AfterOneYear 2023-05-31 04764843 d:ShareCapital 2024-05-31 04764843 d:ShareCapital 2023-05-31 04764843 d:RetainedEarningsAccumulatedLosses 2024-05-31 04764843 d:RetainedEarningsAccumulatedLosses 2023-05-31 04764843 c:FRS102 2023-06-01 2024-05-31 04764843 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 04764843 c:FullAccounts 2023-06-01 2024-05-31 04764843 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 04764843 2 2023-06-01 2024-05-31 04764843 e:PoundSterling 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure
Company registration number: 04764843







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MAY 2024


SCOTT JEAL BUILDING CONTRACTORS LIMITED






































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SCOTT JEAL BUILDING CONTRACTORS LIMITED
REGISTERED NUMBER:04764843



STATEMENT OF FINANCIAL POSITION
AS AT 31 MAY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
  
49
65

  
49
65

Current assets
  

Stocks
  
1,900
-

Debtors: amounts falling due within one year
 6 
-
270

Bank and cash balances
  
26,030
21,645

  
27,930
21,915

Creditors: amounts falling due within one year
 7 
(9,993)
(7,956)

Net current assets
  
 
 
17,937
 
 
13,959

Total assets less current liabilities
  
17,986
14,024

Creditors: amounts falling due after more than one year
 8 
(3,231)
(6,360)

  

Net assets
  
14,755
7,664


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
14,754
7,663

  
14,755
7,664


Page 1

 


SCOTT JEAL BUILDING CONTRACTORS LIMITED
REGISTERED NUMBER:04764843


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MAY 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
Mr S Jeal
Director
Date: 5 September 2024

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 


SCOTT JEAL BUILDING CONTRACTORS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


General information

These financial statements have been prepared in compliance with FRS102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
Scott Jeal Building Contractors Limited is a company limited by shares, registered in England and Wales under the Companies Act 2006. The registered number for Scott Jeal Building Contractors Limited is 04764843. The address of the company's registered office is disclosed on the company information page. The principal place of business during the year was 28 Bournside Road, Addlestone, Surrey, KT15 2HZ.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 


SCOTT JEAL BUILDING CONTRACTORS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.7

Intangible assets fixed assets and amortisation

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.8

Tangible fixed assets and depreciation

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.

Depreciation is provided on the following basis:

Motor vehicles
-
25% reducing balance
Computer equipment
-
3 years straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 4

 


SCOTT JEAL BUILDING CONTRACTORS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.9

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Intangible assets




Goodwill

£



Cost


At 1 June 2023
5,000



At 31 May 2024

5,000



Amortisation


At 1 June 2023
5,000



At 31 May 2024

5,000



Net book value



At 31 May 2024
-



At 31 May 2023
-



Page 5

 


SCOTT JEAL BUILDING CONTRACTORS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

5.


Tangible fixed assets





Motor vehicles
Computer equipment
Total

£
£
£



Cost or valuation


At 1 June 2023
11,546
648
12,194



At 31 May 2024

11,546
648
12,194



Depreciation


At 1 June 2023
11,481
648
12,129


Charge for the year on owned assets
16
-
16



At 31 May 2024

11,497
648
12,145



Net book value



At 31 May 2024
49
-
49



At 31 May 2023
65
-
65


6.


Debtors

2024
2023
£
£


Other debtors
-
270

-
270



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other loans
2,996
2,895

Corporation tax
4,716
3,036

Other creditors
31
15

Accruals and deferred income
2,250
2,010

9,993
7,956


Page 6

 


SCOTT JEAL BUILDING CONTRACTORS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Other loans
3,231
6,360

3,231
6,360


 
Page 7