IRIS Accounts Production v24.2.0.383 08775642 Board of Directors Board of Directors Board of Directors 1.1.23 31.12.23 31.12.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh087756422022-12-31087756422023-12-31087756422023-01-012023-12-31087756422021-12-31087756422022-01-012022-12-31087756422022-12-3108775642ns15:EnglandWales2023-01-012023-12-3108775642ns14:PoundSterling2023-01-012023-12-3108775642ns10:Director12023-01-012023-12-3108775642ns10:Director22023-01-012023-12-3108775642ns10:Director32023-01-012023-12-3108775642ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3108775642ns10:SmallEntities2023-01-012023-12-3108775642ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3108775642ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3108775642ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3108775642ns10:FullAccounts2023-01-012023-12-3108775642ns10:CompanySecretary12023-01-012023-12-3108775642ns10:RegisteredOffice2023-01-012023-12-3108775642ns5:CurrentFinancialInstruments2023-12-3108775642ns5:CurrentFinancialInstruments2022-12-3108775642ns5:Non-currentFinancialInstruments2023-12-3108775642ns5:Non-currentFinancialInstruments2022-12-3108775642ns5:ShareCapital2023-12-3108775642ns5:ShareCapital2022-12-3108775642ns5:RetainedEarningsAccumulatedLosses2023-12-3108775642ns5:RetainedEarningsAccumulatedLosses2022-12-3108775642ns5:FurnitureFittings2023-01-012023-12-3108775642ns5:MotorVehicles2023-01-012023-12-3108775642ns5:LandBuildings2022-12-3108775642ns5:FurnitureFittings2022-12-3108775642ns5:MotorVehicles2022-12-3108775642ns5:LandBuildings2023-01-012023-12-3108775642ns5:LandBuildings2023-12-3108775642ns5:FurnitureFittings2023-12-3108775642ns5:MotorVehicles2023-12-3108775642ns5:LandBuildings2022-12-3108775642ns5:FurnitureFittings2022-12-3108775642ns5:MotorVehicles2022-12-3108775642ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-12-3108775642ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-01-012023-12-3108775642ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-12-3108775642ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-12-3108775642ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3108775642ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3108775642ns5:Secured2023-12-3108775642ns5:Secured2022-12-31
REGISTERED NUMBER: 08775642 (England and Wales)















Jeff Keen Building Services Limited

Unaudited Financial Statements for the Year Ended 31 December 2023






Jeff Keen Building Services Limited (Registered number: 08775642)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Jeff Keen Building Services Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: J R Keen
Mrs D Keen
E J W Keen





SECRETARY:





REGISTERED OFFICE: c/o Cobb & Co Accountants Limited
30 Sleaford Road
Bracebridge Heath
Lincoln
Lincolnshire
LN4 2ND





REGISTERED NUMBER: 08775642 (England and Wales)





ACCOUNTANTS: M.D. Cobb F.M.A.A.T.
Cobb & Co Accountants Limited
30 Sleaford Road
Bracebridge Heath
Lincoln
Lincolnshire
LN4 2ND

Jeff Keen Building Services Limited (Registered number: 08775642)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 155,763 164,366

CURRENT ASSETS
Stocks 20,984 33,411
Debtors 5 74,219 20,385
Cash at bank 139,654 125,934
234,857 179,730
CREDITORS
Amounts falling due within one year 6 165,646 150,730
NET CURRENT ASSETS 69,211 29,000
TOTAL ASSETS LESS CURRENT
LIABILITIES

224,974

193,366

CREDITORS
Amounts falling due after more than one
year

7

(47,179

)

(55,396

)

PROVISIONS FOR LIABILITIES (8,595 ) -
NET ASSETS 169,200 137,970

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 169,197 137,967
SHAREHOLDERS' FUNDS 169,200 137,970

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

The members have not required the company to obtain an audit of its financial statements for the year 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.

Jeff Keen Building Services Limited (Registered number: 08775642)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 July 2024 and were signed on its behalf by:




J R Keen - Director Mrs D Keen - Director




E J W Keen - Director


Jeff Keen Building Services Limited (Registered number: 08775642)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Jeff Keen Building Services 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. 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Fixtures, fittings and equipment - 25% on reducing balance
Motor vehicles - 25% 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.

Jeff Keen Building Services Limited (Registered number: 08775642)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 9 (2022 - 9 ) .

4. TANGIBLE FIXED ASSETS
Fixtures,
fittings
Freehold and Motor
property equipment vehicles Totals
£    £    £    £   
COST
At 1 January 2023
and 31 December 2023 80,813 6,082 100,580 187,475
DEPRECIATION
At 1 January 2023 - 3,570 19,539 23,109
Charge for year - 630 7,973 8,603
At 31 December 2023 - 4,200 27,512 31,712
NET BOOK VALUE
At 31 December 2023 80,813 1,882 73,068 155,763
At 31 December 2022 80,813 2,512 81,041 164,366

Jeff Keen Building Services Limited (Registered number: 08775642)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 January 2023
and 31 December 2023 8,350
DEPRECIATION
At 1 January 2023 5,268
Charge for year 771
At 31 December 2023 6,039
NET BOOK VALUE
At 31 December 2023 2,311
At 31 December 2022 3,082

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 61,724 13,264
Other debtors 12,495 7,121
74,219 20,385

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 2,556 2,500
Hire purchase contracts 6,065 8,757
Trade creditors 49,730 53,755
Taxation and social security 27,600 17,285
Other creditors 79,695 68,433
165,646 150,730

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans 41,848 44,000
Hire purchase contracts 5,331 11,396
47,179 55,396

Jeff Keen Building Services Limited (Registered number: 08775642)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31.12.23 31.12.22
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Mortgage due after 5 years 31,848 34,000

8. SECURED DEBTS

The following secured debts are included within creditors:

31.12.23 31.12.22
£    £   
Bank loans 44,348 46,500

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £6,000 (2022 - £6,000) were paid to the directors .

10. ULTIMATE CONTROLLING PARTY

The directors control 100% of the share capital of the Company.