JOINT VENTURE CONTRACTS LTD

Company Registration Number:
04567572 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

JOINT VENTURE CONTRACTS LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

JOINT VENTURE CONTRACTS LTD

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 66,226 58,972
Total fixed assets: 66,226 58,972
Current assets
Stocks: 26,173 9,358
Debtors:   351,531 390,574
Cash at bank and in hand: 767,162 336,409
Total current assets: 1,144,866 736,341
Creditors: amounts falling due within one year:   (519,389) (324,794)
Net current assets (liabilities): 625,477 411,547
Total assets less current liabilities: 691,703 470,519
Creditors: amounts falling due after more than one year:   (17,989) (18,871)
Total net assets (liabilities): 673,714 451,648
Capital and reserves
Called up share capital: 25 25
Profit and loss account: 673,689 451,623
Shareholders funds: 673,714 451,648

The notes form part of these financial statements

JOINT VENTURE CONTRACTS LTD

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 08 January 2025
and signed on behalf of the board by:

Name: Mark Haywood
Status: Director

The notes form part of these financial statements

JOINT VENTURE CONTRACTS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

JOINT VENTURE CONTRACTS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 5 5

JOINT VENTURE CONTRACTS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 153,679
Additions 28,723
Disposals (54,029)
At 31 March 2024 128,373
Depreciation
At 01 April 2023 94,707
Charge for year 15,777
On disposals (48,337)
At 31 March 2024 62,147
Net book value
At 31 March 2024 66,226
At 31 March 2023 58,972

JOINT VENTURE CONTRACTS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Loans to directors

Name of director receiving advance or credit: Mark Haywood
Description of the loan: During the year the director entered into the following advances and credits with the company:
£
Balance at 01 April 2023 23,521
Advances or credits made: 4,479
Balance at 31 March 2024 28,000

JOINT VENTURE CONTRACTS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Related party transactions

Name of the related party: Boss Monkey Limited
Relationship:
Parent company
Description of the Transaction: Sales at market value £12,737
£
Balance at 01 April 2023 1,092
Balance at 31 March 2024 1,261
Name of the related party: Bespoke Joinery
Relationship:
Supplier
Description of the Transaction: Purchase of materials £5,499
£
Balance at 01 April 2023 0
Balance at 31 March 2024 940
Name of the related party: Mark Haywood
Relationship:
Director
Description of the Transaction: Sales at market value £711
£
Balance at 01 April 2023 0
Balance at 31 March 2024 0