Company Registration No. 08094934 (England and Wales)
PJW Construction Ltd
Unaudited accounts
for the year ended 30 June 2024
PJW Construction Ltd
Unaudited accounts
Contents
PJW Construction Ltd
Company Information
for the year ended 30 June 2024
Company Number
08094934 (England and Wales)
Registered Office
203 West Street
Fareham
Hampshire
PO16 0EN
Accountants
Taxsense
203 West Street
Fareham
Hants
PO16 0EN
PJW Construction Ltd
Statement of financial position
as at 30 June 2024
Tangible assets
94,317
46,183
Cash at bank and in hand
-
49,464
Creditors: amounts falling due within one year
(64,126)
(29,158)
Net current (liabilities)/assets
(18,200)
59,640
Total assets less current liabilities
76,117
105,823
Creditors: amounts falling due after more than one year
(27,561)
(15,247)
Called up share capital
1
1
Profit and loss account
48,555
90,575
Shareholders' funds
48,556
90,576
For the year ending 30 June 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 4 October 2024 and were signed on its behalf by
J Wellington
Director
Company Registration No. 08094934
PJW Construction Ltd
Notes to the Accounts
for the year ended 30 June 2024
PJW Construction Ltd is a private company, limited by shares, registered in England and Wales, registration number 08094934. The registered office is 203 West Street, Fareham, Hampshire, PO16 0EN.
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
Motor vehicles
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
19,750
60,254
2,021
82,025
Additions
37,485
26,295
-
63,780
At 30 June 2024
57,235
86,549
2,021
145,805
At 1 July 2023
9,567
24,971
1,304
35,842
Charge for the year
3,243
12,224
179
15,646
At 30 June 2024
12,810
37,195
1,483
51,488
At 30 June 2024
44,425
49,354
538
94,317
At 30 June 2023
10,183
35,283
717
46,183
PJW Construction Ltd
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
1,010
-
Obligations under finance leases and hire purchase contracts
2,900
2,900
Trade creditors
19,288
12,623
Taxes and social security
36,716
11,450
Loans from directors
846
1,697
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
2,311
5,247
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Current accounts
(1,697)
(136,665)
(137,516)
(846)
(1,697)
(136,665)
(137,516)
(846)
10
Average number of employees
During the year the average number of employees was 2 (2023: 1).