Company Registration No. 08858608 (England and Wales)
Jarvis Build Limited
Unaudited accounts
for the year ended 31 January 2024
Jarvis Build Limited
Unaudited accounts
Contents
Jarvis Build Limited
Company Information
for the year ended 31 January 2024
Company Number
08858608 (England and Wales)
Registered Office
Attire Accounting Limited
45 Granville Drive
Herne Bay
Kent
CT6 7QZ
Accountants
Attire Accounting Limited
45 Granville Drive
Herne Bay
Kent
CT6 7QZ
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Jarvis Build Limited
for the year ended 31 January 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Jarvis Build Limited for the year ended
31 January 2024 as set out on pages
5 -
8 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 https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of Jarvis Build Limited, as a body, in accordance with the terms of our engagement letter dated 6 April 2015. Our work has been undertaken solely to prepare for your approval the accounts of Jarvis Build Limited and state those matters that we have agreed to state to the Board of Directors of Jarvis Build 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/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Jarvis Build Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Jarvis Build Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Jarvis Build Limited. You consider that Jarvis Build 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 accounts of Jarvis Build 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 accounts.
Attire Accounting Limited
Chartered Certified Accountants
45 Granville Drive
Herne Bay
Kent
CT6 7QZ
29 October 2024
Jarvis Build Limited
Statement of financial position
as at 31 January 2024
Tangible assets
54,624
42,808
Inventories
126,428
68,269
Debtors
1,491,350
1,197,404
Cash at bank and in hand
663,770
171,711
Creditors: amounts falling due within one year
(1,288,158)
(806,200)
Net current assets
993,390
631,184
Total assets less current liabilities
1,048,014
673,992
Provisions for liabilities
Deferred tax
(5,476)
(2,772)
Net assets
1,042,538
671,220
Called up share capital
100
100
Profit and loss account
1,042,438
671,120
Shareholders' funds
1,042,538
671,220
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 October 2024 and were signed on its behalf by
S Jarvis
Director
Company Registration No. 08858608
Jarvis Build Limited
Notes to the Accounts
for the year ended 31 January 2024
Jarvis Build Limited is a private company, limited by shares, registered in England and Wales, registration number 08858608. The registered office is Attire Accounting Limited, 45 Granville Drive, Herne Bay, Kent, CT6 7QZ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance basis
Motor vehicles
25% reducing balance basis
Fixtures & fittings
25% reducing balance basis
Computer equipment
33% straight line basis
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Jarvis Build Limited
Notes to the Accounts
for the year ended 31 January 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 February 2023
69,021
27,300
7,742
12,369
116,432
Additions
-
11,500
8,841
6,682
27,023
At 31 January 2024
69,021
38,800
16,583
19,051
143,455
At 1 February 2023
40,096
15,319
6,380
11,829
73,624
Charge for the year
7,231
4,193
1,843
1,940
15,207
At 31 January 2024
47,327
19,512
8,223
13,769
88,831
At 31 January 2024
21,694
19,288
8,360
5,282
54,624
At 31 January 2023
28,925
11,981
1,362
540
42,808
Amounts falling due within one year
Trade debtors
786,509
673,817
Accrued income and prepayments
89,089
15,700
Other debtors
481,243
384,571
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
12,963
8,286
Trade creditors
790,886
493,125
Taxes and social security
250,291
241,738
Other creditors
41,039
23,496
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's loan
353,767
165,983
143,430
376,320
353,767
165,983
143,430
376,320
Interest is charged on the loan balance at the rate of 2.25% / 2.0% per annum.
Jarvis Build Limited
Notes to the Accounts
for the year ended 31 January 2024
8
Average number of employees
During the year the average number of employees was 7 (2023: 6).