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REGISTERED NUMBER: 02775275 (England and Wales)















Unaudited Financial Statements

for the Year Ended 29 February 2024

for

R J K Construction (Midlands) Limited

R J K Construction (Midlands) Limited (Registered number: 02775275)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

R J K Construction (Midlands) Limited

Company Information
for the Year Ended 29 February 2024







DIRECTORS: R J Kirkland
W I Kirkland





REGISTERED OFFICE: Overley Lane
Alrewas
Burton on Trent
Staffordshire
DE13 7DF





REGISTERED NUMBER: 02775275 (England and Wales)





ACCOUNTANTS: Tomkinson Teal (Lichfield) LLP
Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD

R J K Construction (Midlands) Limited (Registered number: 02775275)

Balance Sheet
29 February 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 93,510 90,110

CURRENT ASSETS
Stocks 367,596 241,586
Debtors 5 69,696 129,121
Cash at bank and in hand 66,583 60,468
503,875 431,175
CREDITORS
Amounts falling due within one year 6 (395,144 ) (314,692 )
NET CURRENT ASSETS 108,731 116,483
TOTAL ASSETS LESS CURRENT
LIABILITIES

202,241

206,593

CREDITORS
Amounts falling due after more than one
year

7

(3,399

)

(13,598

)
NET ASSETS 198,842 192,995

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 198,742 192,895
SHAREHOLDERS' FUNDS 198,842 192,995

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

R J K Construction (Midlands) Limited (Registered number: 02775275)

Balance Sheet - continued
29 February 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 Profit and loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 July 2024 and were signed on its behalf by:





R J Kirkland - Director


R J K Construction (Midlands) Limited (Registered number: 02775275)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

R J K Construction (Midlands) 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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings - Straight line over the life of the lease
Plant and machinery etc - 25% on reducing balance and 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and estimated selling prices less costs to sell.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss, 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2023 - 16 ) .

R J K Construction (Midlands) Limited (Registered number: 02775275)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Long Plant and and
leasehold machinery fittings
£    £    £   
COST
At 1 March 2023 5,500 78,191 11,951
Additions - 20,708 1,337
Disposals - (3,875 ) -
At 29 February 2024 5,500 95,024 13,288
DEPRECIATION
At 1 March 2023 5,500 46,521 8,491
Charge for year - 8,688 897
Eliminated on disposal - (3,815 ) -
At 29 February 2024 5,500 51,394 9,388
NET BOOK VALUE
At 29 February 2024 - 43,630 3,900
At 28 February 2023 - 31,670 3,460

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 March 2023 91,307 11,547 198,496
Additions 7,035 - 29,080
Disposals (6,951 ) - (10,826 )
At 29 February 2024 91,391 11,547 216,750
DEPRECIATION
At 1 March 2023 36,967 10,907 108,386
Charge for year 15,275 460 25,320
Eliminated on disposal (6,651 ) - (10,466 )
At 29 February 2024 45,591 11,367 123,240
NET BOOK VALUE
At 29 February 2024 45,800 180 93,510
At 28 February 2023 54,340 640 90,110

R J K Construction (Midlands) Limited (Registered number: 02775275)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 March 2023
and 29 February 2024 34,495
DEPRECIATION
At 1 March 2023 1,445
Charge for year 8,270
At 29 February 2024 9,715
NET BOOK VALUE
At 29 February 2024 24,780
At 28 February 2023 33,050

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 65,793 125,240
Other debtors 3,903 3,881
69,696 129,121

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 4,000
Hire purchase contracts 10,198 10,198
Trade creditors 89,826 176,595
Taxation and social security 44,439 43,542
Other creditors 250,681 80,357
395,144 314,692

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 3,399 13,598

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
R J K Construction (Midlands) 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 R J K Construction (Midlands) Limited for the year ended 29 February 2024 which comprise the Profit and loss, Balance Sheet, Statement of Changes in Equity 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of R J K Construction (Midlands) 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 R J K Construction (Midlands) Limited and state those matters that we have agreed to state to the Board of Directors of R J K Construction (Midlands) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than R J K Construction (Midlands) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that R J K Construction (Midlands) 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 R J K Construction (Midlands) Limited. You consider that R J K Construction (Midlands) 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 R J K Construction (Midlands) 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.






Tomkinson Teal (Lichfield) LLP
Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD


11 July 2024