Company Registration No. 6051025 (England and Wales)
James Developments & Groundworks Ltd
Unaudited accounts
for the year ended 31 January 2024
James Developments & Groundworks Ltd
Unaudited accounts
Contents
James Developments & Groundworks Ltd
Company Information
for the year ended 31 January 2024
Directors
W James
S James
Wayne James
Stuart James
Company Number
6051025 (England and Wales)
Registered Office
The Lodge
Allensbank
Narberth
Pembs
SA67 8RF
Accountants
Ann Stephens & Co
The Lodge
Allensbank
Narberth
Pembs
SA67 8RF
James Developments & Groundworks Ltd
Statement of financial position
as at 31 January 2024
Tangible assets
104,475
123,230
Inventories
300,000
157,500
Cash at bank and in hand
150,108
386,781
Creditors: amounts falling due within one year
(89,683)
(116,221)
Net current assets
427,561
437,876
Net assets
532,036
561,106
Called up share capital
2
2
Revaluation reserve
267,500
267,500
Profit and loss account
264,534
293,604
Shareholders' funds
532,036
561,106
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 directors acknowledge their 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 of Directors and authorised for issue on 31 October 2024 and were signed on its behalf by
W James
Director
Company Registration No. 6051025
James Developments & Groundworks Ltd
Notes to the Accounts
for the year ended 31 January 2024
James Developments & Groundworks Ltd is a private company, limited by shares, registered in England and Wales, registration number 6051025. The registered office is The Lodge, Allensbank, Narberth, Pembs, SA67 8RF.
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.
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
20% reducing balance
Motor vehicles
20% reducing balance
Fixtures & fittings
20% reducing balance
Computer equipment
20% reducing balance
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
278,948
23,951
2,943
3,073
308,915
Additions
5,468
500
350
-
6,318
At 31 January 2024
284,416
24,451
3,293
3,073
315,233
At 1 February 2023
171,203
11,004
1,261
2,217
185,685
Charge for the year
21,913
2,623
537
-
25,073
At 31 January 2024
193,116
13,627
1,798
2,217
210,758
At 31 January 2024
91,300
10,824
1,495
856
104,475
At 31 January 2023
107,745
12,947
1,682
856
123,230
James Developments & Groundworks Ltd
Notes to the Accounts
for the year ended 31 January 2024
Amounts falling due within one year
Trade debtors
54,017
6,605
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
23,333
33,333
Taxes and social security
14,119
33,362
Other creditors
43,263
45,961
Loans from directors
1,688
1,465
7
Average number of employees
During the year the average number of employees was 6 (2023: 6).