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Company Registration No. 10006920 (England and Wales)
J & G Developments Yorkshire Ltd Unaudited accounts for the year ended 29 February 2024
J & G Developments Yorkshire Ltd Unaudited accounts Contents
Page
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J & G Developments Yorkshire Ltd Company Information for the year ended 29 February 2024
Directors
Greg John Sheard Janine Sheard
Company Number
10006920 (England and Wales)
Registered Office
35 Lamb Springs Lane Esholt Shipley West Yorkshire BD17 7QY
Accountants
LOVEaccounting 17 Wakefield Road Hipperholme Halifax HX3 8AA
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J & G Developments Yorkshire Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
67,718 
22,769 
Current assets
Debtors
72,562 
68,522 
Cash at bank and in hand
348,199 
330,573 
420,761 
399,095 
Creditors: amounts falling due within one year
(101,455)
(87,965)
Net current assets
319,306 
311,130 
Total assets less current liabilities
387,024 
333,899 
Provisions for liabilities
Deferred tax
(12,867)
(4,326)
Net assets
374,157 
329,573 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
374,057 
329,473 
Shareholders' funds
374,157 
329,573 
For the year ending 29 February 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 18 November 2024 and were signed on its behalf by
Janine Sheard Director Company Registration No. 10006920
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J & G Developments Yorkshire Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
J & G Developments Yorkshire Ltd is a private company, limited by shares, registered in England and Wales, registration number 10006920. The registered office is 35 Lamb Springs Lane, Esholt, Shipley, West Yorkshire, BD17 7QY.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
25% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
33.33% straight line
Deferred taxation
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.
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J & G Developments Yorkshire Ltd Notes to the Accounts for the year ended 29 February 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2023
10,792 
29,333 
1,562 
41,687 
Additions
3,414 
117,537 
509 
121,460 
Disposals
- 
(53,783)
- 
(53,783)
At 29 February 2024
14,206 
93,087 
2,071 
109,364 
Depreciation
At 1 March 2023
4,817 
12,833 
1,268 
18,918 
Charge for the year
2,347 
20,064 
317 
22,728 
At 29 February 2024
7,164 
32,897 
1,585 
41,646 
Net book value
At 29 February 2024
7,042 
60,190 
486 
67,718 
At 28 February 2023
5,975 
16,500 
294 
22,769 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
71,834 
62,524 
Accrued income and prepayments
258 
1,694 
Other debtors
470 
4,304 
72,562 
68,522 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
23,008 
12,941 
Taxes and social security
6,673 
25,291 
Loans from directors
4,005 
- 
Accruals
10,200 
13,928 
Deferred income
57,569 
35,805 
101,455 
87,965 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Greg John Sheard
Loans to the director are interest-free and repayable upon demand
1,613 
- 
1,613 
- 
Janine Sheard
Loans to the director are interest-free and repayable upon demand
1,612 
- 
1,612 
- 
3,225 
- 
3,225 
- 
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J & G Developments Yorkshire Ltd Notes to the Accounts for the year ended 29 February 2024
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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