IRIS Accounts Production v24.3.2.46 11870189 Board of Directors Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh118701892023-03-31118701892024-03-31118701892023-04-012024-03-31118701892022-03-31118701892022-04-012023-03-31118701892023-03-3111870189ns15:EnglandWales2023-04-012024-03-3111870189ns14:PoundSterling2023-04-012024-03-3111870189ns10:Director12023-04-012024-03-3111870189ns10:Director22023-04-012024-03-3111870189ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3111870189ns10:SmallEntities2023-04-012024-03-3111870189ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3111870189ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3111870189ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3111870189ns10:FullAccounts2023-04-012024-03-3111870189ns10:OrdinaryShareClass12023-04-012024-03-3111870189ns10:Director32023-04-012024-03-3111870189ns10:CompanySecretary12023-04-012024-03-3111870189ns10:RegisteredOffice2023-04-012024-03-3111870189ns5:CurrentFinancialInstruments2024-03-3111870189ns5:CurrentFinancialInstruments2023-03-3111870189ns5:ShareCapital2024-03-3111870189ns5:ShareCapital2023-03-3111870189ns5:RetainedEarningsAccumulatedLosses2024-03-3111870189ns5:RetainedEarningsAccumulatedLosses2023-03-3111870189ns5:PlantMachinery2023-04-012024-03-3111870189ns5:MotorVehicles2023-04-012024-03-3111870189ns5:ComputerEquipment2023-04-012024-03-3111870189ns5:PlantMachinery2023-03-3111870189ns5:MotorVehicles2023-03-3111870189ns5:ComputerEquipment2023-03-3111870189ns5:PlantMachinery2024-03-3111870189ns5:MotorVehicles2024-03-3111870189ns5:ComputerEquipment2024-03-3111870189ns5:PlantMachinery2023-03-3111870189ns5:MotorVehicles2023-03-3111870189ns5:ComputerEquipment2023-03-3111870189ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3111870189ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-3111870189ns5:DeferredTaxation2023-03-3111870189ns5:DeferredTaxation2023-04-012024-03-3111870189ns5:DeferredTaxation2024-03-3111870189ns10:OrdinaryShareClass12024-03-3111870189ns5:RetainedEarningsAccumulatedLosses2023-03-3111870189ns5:RetainedEarningsAccumulatedLosses2023-04-012024-03-31
REGISTERED NUMBER: 11870189 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

JWC Contractors Ltd

JWC Contractors Ltd (Registered number: 11870189)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JWC Contractors Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mr E Chilcott
Mrs G D Chilcott
Mrs N L Chilcott





SECRETARY: Mr E Chilcott





REGISTERED OFFICE: Bronhaul
Heol Tawe
Abercrave
SWANSEA
SA9 1XT





REGISTERED NUMBER: 11870189 (England and Wales)





ACCOUNTANTS: Ashmole & Co
151 Windsor Road
NEATH
SA11 1NU

JWC Contractors Ltd (Registered number: 11870189)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 129,446 133,490

CURRENT ASSETS
Stocks 5 38,895 45,872
Debtors 6 478,469 258,511
Cash at bank 272,461 409,398
789,825 713,781
CREDITORS
Amounts falling due within one year 7 316,689 257,436
NET CURRENT ASSETS 473,136 456,345
TOTAL ASSETS LESS CURRENT
LIABILITIES

602,582

589,835

PROVISIONS FOR LIABILITIES 8 24,595 25,363
NET ASSETS 577,987 564,472

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 577,887 564,372
SHAREHOLDERS' FUNDS 577,987 564,472

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

JWC Contractors Ltd (Registered number: 11870189)

Balance Sheet - continued
31 March 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 January 2025 and were signed on its behalf by:




Mr E Chilcott - Director



Mrs G D Chilcott - Director


JWC Contractors Ltd (Registered number: 11870189)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

JWC Contractors Ltd 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.

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.
Plant and machinery - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.


JWC Contractors Ltd (Registered number: 11870189)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments
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 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023 143,150 66,502 1,188 210,840
Additions 27,568 - 291 27,859
Disposals (4,150 ) - - (4,150 )
At 31 March 2024 166,568 66,502 1,479 234,549
DEPRECIATION
At 1 April 2023 58,697 18,237 416 77,350
Charge for year 19,148 9,653 169 28,970
Eliminated on disposal (1,217 ) - - (1,217 )
At 31 March 2024 76,628 27,890 585 105,103
NET BOOK VALUE
At 31 March 2024 89,940 38,612 894 129,446
At 31 March 2023 84,453 48,265 772 133,490

JWC Contractors Ltd (Registered number: 11870189)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. STOCKS
2024 2023
£    £   
Stocks 38,895 45,872

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 339,707 177,128
Amounts recoverable on contracts 133,143 76,954
Prepayments 5,619 4,429
478,469 258,511

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 55,486 80,195
Tax 18,887 6,126
Social security and other taxes 5,521 3,414
VAT 44,367 38,081
Other creditors 3,557 5,211
Directors' current accounts 184,966 120,674
Accrued expenses 3,905 3,735
316,689 257,436

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 24,595 25,363

Deferred
tax
£   
Balance at 1 April 2023 25,363
Provided during year (768 )
Balance at 31 March 2024 24,595

JWC Contractors Ltd (Registered number: 11870189)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

9. CALLED UP SHARE CAPITAL

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

10. RESERVES
Retained
earnings
£   

At 1 April 2023 564,372
Profit for the year 63,288
Dividends (49,773 )
At 31 March 2024 577,887