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REGISTERED NUMBER: NI046638 (Northern Ireland)















J & A CONSTRUCTION (NI) LIMITED

Unaudited Financial Statements for the Year Ended 31 December 2023






J & A CONSTRUCTION (NI) LIMITED (REGISTERED NUMBER: NI046638)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


J & A CONSTRUCTION (NI) LIMITED

Company Information
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: James Bleeks
Anne Bleeks





REGISTERED OFFICE: 55A Coagh Road
Stewartstown
Dungannon
Co. Tyrone
BT71 5JH





REGISTERED NUMBER: NI046638 (Northern Ireland)





ACCOUNTANTS: CavanaghKelly
Chartered Accountants
36-38 Northland Row
Dungannon
Co. Tyrone
BT71 6AP

J & A CONSTRUCTION (NI) LIMITED (REGISTERED NUMBER: NI046638)

Statement of Financial Position
31 DECEMBER 2023

2023 2022
Notes £ £
NON-CURRENT ASSETS
Property, plant and equipment 5 810,571 728,455

CURRENT ASSETS
Inventories 521,677 1,190,287
Receivables 6 3,080,123 1,139,314
Cash at bank 487,767 527,589
4,089,567 2,857,190
PAYABLES
Amounts falling due within one year 7 (1,830,011 ) (2,410,290 )
NET CURRENT ASSETS 2,259,556 446,900
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,070,127

1,175,355

PAYABLES
Amounts falling due after more than
one year

8

(39,918

)

(101,347

)

PROVISIONS FOR LIABILITIES (70,901 ) (91,556 )
NET ASSETS 2,959,308 982,452

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 2,959,306 982,450
SHAREHOLDERS' FUNDS 2,959,308 982,452

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.

J & A CONSTRUCTION (NI) LIMITED (REGISTERED NUMBER: NI046638)

Statement of Financial Position - 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 21 May 2024 and were signed on its behalf by:




James Bleeks - Director



Anne Bleeks - Director


J & A CONSTRUCTION (NI) LIMITED (REGISTERED NUMBER: NI046638)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

J & A Construction (NI) Limited is a private company, limited by shares , registered in Northern Ireland. 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 are prepared under the historical cost convention modified when necessary to include the revaluation of certain fixed assets.

The accounting policies detailed below have been applied consistently throughout the year.

Revenue
Revenue is recognised upon stage completion of construction contracts.

Property, plant and equipment
Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows:

Plant and machinery15% reducing balance
Fixtures, fittings and equipment15% reducing balance
Motor vehicles25% reducing balance

The carrying values of property, plant and equipment are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Inventories
Inventories are valued at the lower of cost and net realisable value. Cost comprises expenditure incurred in the normal course of business in bringing inventories to their present location and condition. Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.

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 tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

J & A CONSTRUCTION (NI) LIMITED (REGISTERED NUMBER: NI046638)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

3. ACCOUNTING POLICIES - continued

Leasing and hire purchases
Property, plant and equipment held under leasing and Hire Purchases arrangements which transfer substantially all the risks and rewards of ownership to the company are capitalised and included in the Statement of Financial Position at cost or valuation, less depreciation. The corresponding commitments are recorded as liabilities. Payments in respect of these obligations are treated as consisting of capital and interest elements, with interest charged to the Income Statement.

Cash flow statement
The company has availed of the exemption in FRS 102 Section 1A from the requirement to prepare
a Statement of Cash Flows because it is classified as a small company.

Cash and cash equivalents
Cash and cash equivalents includes cash in hand and deposits held at call with banks and bank overdrafts. Bank overdrafts are shown within current liabilities.

Finance costs
Finance costs are charged to the Income Statement over the term of the debt.

Share capital
Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new
ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2022 - 8 ) .

5. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£ £ £ £
COST
At 1 January 2023 1,116,073 13,767 354,170 1,484,010
Additions 171,970 2,958 86,348 261,276
Disposals (54,000 ) - (11,850 ) (65,850 )
At 31 December 2023 1,234,043 16,725 428,668 1,679,436
DEPRECIATION
At 1 January 2023 605,292 11,709 138,554 755,555
Charge for year 95,510 675 61,063 157,248
Eliminated on disposal (38,536 ) - (5,402 ) (43,938 )
At 31 December 2023 662,266 12,384 194,215 868,865
NET BOOK VALUE
At 31 December 2023 571,777 4,341 234,453 810,571
At 31 December 2022 510,781 2,058 215,616 728,455

6. RECEIVABLES
2023 2022
£ £
Trade receivables 119,439 51,457
Amounts owed by group undertakings 2,896,852 1,057,225
Other receivables 63,832 30,632
3,080,123 1,139,314

J & A CONSTRUCTION (NI) LIMITED (REGISTERED NUMBER: NI046638)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

7. PAYABLES: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Bank loans and overdrafts 10,648 10,648
Hire purchase contracts 70,501 43,452
Trade payables 452,468 940,364
Taxation and social security 266,442 462,283
Other payables 1,029,952 953,543
1,830,011 2,410,290

8. PAYABLES: AMOUNTS FALLING DUE AFTER ONE YEAR
2023 2022
£ £
Bank loans 14,318 24,747
Hire purchase contracts 25,600 76,600
39,918 101,347

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
2 Ordinary 1 2 2

10. RELATED PARTY DISCLOSURES

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.