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REGISTERED NUMBER: 04380329 (England and Wales)














Unaudited Financial Statements

For The Year Ended 31st March 2024

for

P M Jotcham Building Contractors Limited

P M Jotcham Building Contractors Limited (Registered number: 04380329)






Contents of the Financial Statements
For The Year Ended 31st March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Certified Accountants' Report 6

P M Jotcham Building Contractors Limited

Company Information
For The Year Ended 31st March 2024







DIRECTORS: P M Jotcham
Mrs N L Jotcham





REGISTERED OFFICE: The Waterside
Horse Fair Lane
Newent
Gloucestershire
GL18 1RG





REGISTERED NUMBER: 04380329 (England and Wales)





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

P M Jotcham Building Contractors Limited (Registered number: 04380329)

Balance Sheet
31st March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 23,230 30,510

CURRENT ASSETS
Debtors 6 77,200 27,258
Cash at bank 2,137 5,239
79,337 32,497
CREDITORS
Amounts falling due within one year 7 69,937 28,332
NET CURRENT ASSETS 9,400 4,165
TOTAL ASSETS LESS CURRENT
LIABILITIES

32,630

34,675

PROVISIONS FOR LIABILITIES 8 4,414 5,797
NET ASSETS 28,216 28,878

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 28,116 28,778
SHAREHOLDERS' FUNDS 28,216 28,878

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 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.

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 Board of Directors and authorised for issue on 10th September 2024 and were signed on its behalf by:



P M Jotcham - Director


P M Jotcham Building Contractors Limited (Registered number: 04380329)

Notes to the Financial Statements
For The Year Ended 31st March 2024

1. STATUTORY INFORMATION

P M Jotcham Building Contractors 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.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

P M Jotcham Building Contractors Limited (Registered number: 04380329)

Notes to the Financial Statements - continued
For The Year Ended 31st March 2024

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1st April 2023 17,698 3,292 35,500 3,900 60,390
Additions 152 - - - 152
At 31st March 2024 17,850 3,292 35,500 3,900 60,542
DEPRECIATION
At 1st April 2023 12,959 2,887 10,752 3,282 29,880
Charge for year 958 81 6,187 206 7,432
At 31st March 2024 13,917 2,968 16,939 3,488 37,312
NET BOOK VALUE
At 31st March 2024 3,933 324 18,561 412 23,230
At 31st March 2023 4,739 405 24,748 618 30,510

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 31,600 4,000
Other debtors 45,600 23,000
VAT - 258
77,200 27,258

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors - 20
Tax 443 -
Social security and other taxes (3,026 ) (3,026 )
VAT 7,523 -
Directors' current accounts 63,206 28,668
Accrued expenses 1,791 2,670
69,937 28,332

8. PROVISIONS FOR LIABILITIES
31.3.24 31.3.23
£    £   
Deferred tax 4,414 5,797

P M Jotcham Building Contractors Limited (Registered number: 04380329)

Notes to the Financial Statements - continued
For The Year Ended 31st March 2024

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1st April 2023 5,797
Provided during year (1,383 )
Balance at 31st March 2024 4,414

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Retained
earnings
£   

At 1st April 2023 28,778
Profit for the year 1,338
Dividends (2,000 )
At 31st March 2024 28,116

11. ULTIMATE CONTROLLING PARTY

P Jotcham is the ultimate controlling party.

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
P M Jotcham Building Contractors Limited

The following reproduces the text of the report prepared for the directors 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 Directors 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 P M Jotcham Building Contractors Limited for the year ended 31st March 2024 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 Board of Directors of P M Jotcham Building Contractors Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of P M Jotcham Building Contractors Limited and state those matters that we have agreed to state to the Board of Directors of P M Jotcham Building Contractors Limited, as a body, 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 Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that P M Jotcham Building Contractors 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 P M Jotcham Building Contractors Limited. You consider that P M Jotcham Building Contractors 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 P M Jotcham Building Contractors 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


10th September 2024