2023-03-012024-02-292024-02-29false10596138JTM Construction Services Ltd2024-11-1243390iso4217:GBPxbrli:pure105961382023-03-01105961382024-02-29105961382023-03-012024-02-29105961382022-03-01105961382023-02-28105961382022-03-012023-02-2810596138bus:SmallEntities2023-03-012024-02-2910596138bus:AuditExempt-NoAccountantsReport2023-03-012024-02-2910596138bus:FullAccounts2023-03-012024-02-2910596138bus:PrivateLimitedCompanyLtd2023-03-012024-02-2910596138core:WithinOneYear2024-02-2910596138core:AfterOneYear2024-02-2910596138core:WithinOneYear2023-02-2810596138core:AfterOneYear2023-02-2810596138core:ShareCapital2024-02-2910596138core:SharePremium2024-02-2910596138core:RevaluationReserve2024-02-2910596138core:OtherReservesSubtotal2024-02-2910596138core:RetainedEarningsAccumulatedLosses2024-02-2910596138core:ShareCapital2023-02-2810596138core:SharePremium2023-02-2810596138core:RevaluationReserve2023-02-2810596138core:OtherReservesSubtotal2023-02-2810596138core:RetainedEarningsAccumulatedLosses2023-02-2810596138core:LandBuildings2024-02-2910596138core:PlantMachinery2024-02-2910596138core:Vehicles2024-02-2910596138core:FurnitureFittings2024-02-2910596138core:OfficeEquipment2024-02-2910596138core:NetGoodwill2024-02-2910596138core:IntangibleAssetsOtherThanGoodwill2024-02-2910596138core:ListedExchangeTraded2024-02-2910596138core:UnlistedNon-exchangeTraded2024-02-2910596138core:LandBuildings2023-02-2810596138core:PlantMachinery2023-02-2810596138core:Vehicles2023-02-2810596138core:FurnitureFittings2023-02-2810596138core:OfficeEquipment2023-02-2810596138core:NetGoodwill2023-02-2810596138core:IntangibleAssetsOtherThanGoodwill2023-02-2810596138core:ListedExchangeTraded2023-02-2810596138core:UnlistedNon-exchangeTraded2023-02-2810596138core:LandBuildings2023-03-012024-02-2910596138core:PlantMachinery2023-03-012024-02-2910596138core:Vehicles2023-03-012024-02-2910596138core:FurnitureFittings2023-03-012024-02-2910596138core:OfficeEquipment2023-03-012024-02-2910596138core:NetGoodwill2023-03-012024-02-2910596138core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2910596138core:ListedExchangeTraded2023-03-012024-02-2910596138core:UnlistedNon-exchangeTraded2023-03-012024-02-2910596138core:MoreThanFiveYears2023-03-012024-02-2910596138core:Non-currentFinancialInstruments2024-02-2910596138core:Non-currentFinancialInstruments2023-02-2810596138dpl:CostSales2023-03-012024-02-2910596138dpl:DistributionCosts2023-03-012024-02-2910596138core:LandBuildings2023-03-012024-02-2910596138core:PlantMachinery2023-03-012024-02-2910596138core:Vehicles2023-03-012024-02-2910596138core:FurnitureFittings2023-03-012024-02-2910596138core:OfficeEquipment2023-03-012024-02-2910596138dpl:AdministrativeExpenses2023-03-012024-02-2910596138core:NetGoodwill2023-03-012024-02-2910596138core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2910596138dpl:GroupUndertakings2023-03-012024-02-2910596138dpl:ParticipatingInterests2023-03-012024-02-2910596138dpl:GroupUndertakingscore:ListedExchangeTraded2023-03-012024-02-2910596138core:ListedExchangeTraded2023-03-012024-02-2910596138dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-03-012024-02-2910596138core:UnlistedNon-exchangeTraded2023-03-012024-02-2910596138dpl:CostSales2022-03-012023-02-2810596138dpl:DistributionCosts2022-03-012023-02-2810596138core:LandBuildings2022-03-012023-02-2810596138core:PlantMachinery2022-03-012023-02-2810596138core:Vehicles2022-03-012023-02-2810596138core:FurnitureFittings2022-03-012023-02-2810596138core:OfficeEquipment2022-03-012023-02-2810596138dpl:AdministrativeExpenses2022-03-012023-02-2810596138core:NetGoodwill2022-03-012023-02-2810596138core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2810596138dpl:GroupUndertakings2022-03-012023-02-2810596138dpl:ParticipatingInterests2022-03-012023-02-2810596138dpl:GroupUndertakingscore:ListedExchangeTraded2022-03-012023-02-2810596138core:ListedExchangeTraded2022-03-012023-02-2810596138dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-03-012023-02-2810596138core:UnlistedNon-exchangeTraded2022-03-012023-02-2810596138core:NetGoodwill2024-02-2910596138core:IntangibleAssetsOtherThanGoodwill2024-02-2910596138core:LandBuildings2024-02-2910596138core:PlantMachinery2024-02-2910596138core:Vehicles2024-02-2910596138core:FurnitureFittings2024-02-2910596138core:OfficeEquipment2024-02-2910596138core:AfterOneYear2024-02-2910596138core:WithinOneYear2024-02-2910596138core:ListedExchangeTraded2024-02-2910596138core:UnlistedNon-exchangeTraded2024-02-2910596138core:ShareCapital2024-02-2910596138core:SharePremium2024-02-2910596138core:RevaluationReserve2024-02-2910596138core:OtherReservesSubtotal2024-02-2910596138core:RetainedEarningsAccumulatedLosses2024-02-2910596138core:NetGoodwill2023-02-2810596138core:IntangibleAssetsOtherThanGoodwill2023-02-2810596138core:LandBuildings2023-02-2810596138core:PlantMachinery2023-02-2810596138core:Vehicles2023-02-2810596138core:FurnitureFittings2023-02-2810596138core:OfficeEquipment2023-02-2810596138core:AfterOneYear2023-02-2810596138core:WithinOneYear2023-02-2810596138core:ListedExchangeTraded2023-02-2810596138core:UnlistedNon-exchangeTraded2023-02-2810596138core:ShareCapital2023-02-2810596138core:SharePremium2023-02-2810596138core:RevaluationReserve2023-02-2810596138core:OtherReservesSubtotal2023-02-2810596138core:RetainedEarningsAccumulatedLosses2023-02-2810596138core:NetGoodwill2022-03-0110596138core:IntangibleAssetsOtherThanGoodwill2022-03-0110596138core:LandBuildings2022-03-0110596138core:PlantMachinery2022-03-0110596138core:Vehicles2022-03-0110596138core:FurnitureFittings2022-03-0110596138core:OfficeEquipment2022-03-0110596138core:AfterOneYear2022-03-0110596138core:WithinOneYear2022-03-0110596138core:ListedExchangeTraded2022-03-0110596138core:UnlistedNon-exchangeTraded2022-03-0110596138core:ShareCapital2022-03-0110596138core:SharePremium2022-03-0110596138core:RevaluationReserve2022-03-0110596138core:OtherReservesSubtotal2022-03-0110596138core:RetainedEarningsAccumulatedLosses2022-03-0110596138core:AfterOneYear2023-03-012024-02-2910596138core:WithinOneYear2023-03-012024-02-2910596138core:Non-currentFinancialInstrumentscore:CostValuation2023-03-012024-02-2910596138core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-03-012024-02-2910596138core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-03-012024-02-2910596138core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-03-012024-02-2910596138core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-03-012024-02-2910596138core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-03-012024-02-2910596138core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-03-012024-02-2910596138core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-03-012024-02-2910596138core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-03-012024-02-2910596138core:Non-currentFinancialInstrumentscore:CostValuation2024-02-2910596138core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-02-2910596138core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-02-2910596138core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-02-2910596138core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-02-2910596138core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-02-2910596138core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-02-2910596138core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-02-2910596138core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-02-2910596138core:Non-currentFinancialInstrumentscore:CostValuation2023-02-2810596138core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-02-2810596138core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-02-2810596138core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-02-2810596138core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-02-2810596138core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-02-2810596138core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-02-2810596138core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-02-2810596138core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-02-2810596138bus:Director12023-03-012024-02-29

JTM Construction Services Ltd

Registered Number
10596138
(England and Wales)

Unaudited Financial Statements for the Year ended
29 February 2024

JTM Construction Services Ltd
Company Information
for the year from 1 March 2023 to 29 February 2024

Director

Mock, Jonathan Trent

Registered Address

1 Park Gardens
Yeovil
BA20 1DW

Registered Number

10596138 (England and Wales)
JTM Construction Services Ltd
Balance Sheet as at
29 February 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets3139,518161,777
139,518161,777
Current assets
Stocks4-750
Debtors583,24956,816
Cash at bank and on hand100,95686,870
184,205144,436
Creditors amounts falling due within one year6(45,987)(29,442)
Net current assets (liabilities)138,218114,994
Total assets less current liabilities277,736276,771
Creditors amounts falling due after one year7(12,500)(22,500)
Provisions for liabilities8(26,508)(36,182)
Net assets238,728218,089
Capital and reserves
Called up share capital11
Profit and loss account238,727218,088
Shareholders' funds238,728218,089
The financial statements were approved and authorised for issue by the Director on 12 November 2024, and are signed on its behalf by:
Mock, Jonathan Trent
Director
Registered Company No. 10596138
JTM Construction Services Ltd
Notes to the Financial Statements
for the year ended 29 February 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from rendering of services
Revenue 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows: Plant and machinery etc - 33% reducing balance, 25% on reducing balance and 15% on reducing balance
Finance leases and hire purchase contracts
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.
Stocks and work in progress
Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
2.Average number of employees
The following average number of employees includes the director.

20242023
Average number of employees during the year11
3.Tangible fixed assets

Plant & machinery

Vehicles

Office Equipment

Total

££££
Cost or valuation
At 01 March 23136,297123,0757,103266,475
Additions31,154-59731,751
Disposals-(26,637)-(26,637)
At 29 February 24167,45196,4387,700271,589
Depreciation and impairment
At 01 March 2362,07837,7174,903104,698
Charge for year23,33718,53090642,773
On disposals-(15,400)-(15,400)
At 29 February 2485,41540,8475,809132,071
Net book value
At 29 February 2482,03655,5911,891139,518
At 28 February 2374,21985,3582,200161,777
4.Stocks

2024

2023

££
Raw materials and consumables-750
Total-750
5.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables71,38844,383
Other debtors6,6127,121
Prepayments and accrued income5,2495,312
Total83,24956,816
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
6.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables2,840940
Bank borrowings and overdrafts10,00010,000
Amounts owed to related parties16,48214,943
Taxation and social security15,5362,270
Other creditors7581,040
Accrued liabilities and deferred income371249
Total45,98729,442
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
7.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts12,50022,500
Total12,50022,500
8.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)26,50836,182
Total26,50836,182