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REGISTERED NUMBER: 12310686 (England and Wales)















Unaudited Financial Statements for the Year Ended 5 April 2024

for

J & N Design and Build Ltd

J & N Design and Build Ltd (Registered number: 12310686)






Contents of the Financial Statements
for the Year Ended 5 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


J & N Design and Build Ltd

Company Information
for the Year Ended 5 April 2024







DIRECTOR: J S Marsh





REGISTERED OFFICE: 11 Grosvenor Road South
Dudley
West Midlands
DY3 2ST





REGISTERED NUMBER: 12310686 (England and Wales)





ACCOUNTANTS: S R Higgs
Accountant
101 Dixons Green Road
Dudley
West Midlands
DY2 7DJ

J & N Design and Build Ltd (Registered number: 12310686)

Balance Sheet
5 April 2024

5.4.24 5.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,270 9,397

CURRENT ASSETS
Stocks 12,000 5,600
Debtors 5 1,694 22,447
Cash at bank 11,463 5,886
25,157 33,933
CREDITORS
Amounts falling due within one year 6 17,010 17,555
NET CURRENT ASSETS 8,147 16,378
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,417

25,775

CREDITORS
Amounts falling due after more than one
year

7

(13,333

)

(23,333

)

PROVISIONS FOR LIABILITIES 8 (1,381 ) (1,785 )
NET ASSETS 703 657

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 603 557
SHAREHOLDERS' FUNDS 703 657

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 & N Design and Build Ltd (Registered number: 12310686)

Balance Sheet - continued
5 April 2024


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 director and authorised for issue on 30 September 2024 and were signed by:





J S Marsh - Director


J & N Design and Build Ltd (Registered number: 12310686)

Notes to the Financial Statements
for the Year Ended 5 April 2024

1. STATUTORY INFORMATION

J & N Design and Build Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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.
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

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.

J & N Design and Build Ltd (Registered number: 12310686)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2024

2. ACCOUNTING POLICIES - continued

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 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 6 April 2023
and 5 April 2024 4,264 17,000 21,264
DEPRECIATION
At 6 April 2023 2,039 9,828 11,867
Charge for year 334 1,793 2,127
At 5 April 2024 2,373 11,621 13,994
NET BOOK VALUE
At 5 April 2024 1,891 5,379 7,270
At 5 April 2023 2,225 7,172 9,397

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
5.4.24 5.4.23
£    £   
Trade debtors - 21,798
VAT 1,694 649
1,694 22,447

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
5.4.24 5.4.23
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 2,040 1,030
Taxation and social security 2,194 1,922
Other creditors 2,776 4,603
17,010 17,555

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
5.4.24 5.4.23
£    £   
Bank loans 13,333 23,333

J & N Design and Build Ltd (Registered number: 12310686)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2024

8. PROVISIONS FOR LIABILITIES
5.4.24 5.4.23
£    £   
Deferred tax 1,381 1,785

Deferred
tax
£   
Balance at 6 April 2023 1,785
Provided during year (404 )
Balance at 5 April 2024 1,381

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 5.4.24 5.4.23
value: £    £   
100 Ordinary £1 100 100

10. ULTIMATE CONTROLLING PARTY

The company is under the control of its director Mr J Marsh as he owns the majority of the issued share capital.