IRIS Accounts Production v24.2.0.383 06341141 director 1.9.23 31.8.24 31.8.24 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh063411412023-08-31063411412024-08-31063411412023-09-012024-08-31063411412022-08-31063411412022-09-012023-08-31063411412023-08-3106341141ns15:EnglandWales2023-09-012024-08-3106341141ns14:PoundSterling2023-09-012024-08-3106341141ns10:Director12023-09-012024-08-3106341141ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3106341141ns10:SmallEntities2023-09-012024-08-3106341141ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3106341141ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3106341141ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3106341141ns10:FullAccounts2023-09-012024-08-310634114112023-09-012024-08-3106341141ns10:OrdinaryShareClass12023-09-012024-08-3106341141ns10:CompanySecretary12023-09-012024-08-3106341141ns10:RegisteredOffice2023-09-012024-08-3106341141ns5:CurrentFinancialInstruments2024-08-3106341141ns5:CurrentFinancialInstruments2023-08-3106341141ns5:ShareCapital2024-08-3106341141ns5:ShareCapital2023-08-3106341141ns5:RetainedEarningsAccumulatedLosses2024-08-3106341141ns5:RetainedEarningsAccumulatedLosses2023-08-3106341141ns5:NetGoodwill2023-09-012024-08-3106341141ns5:IntangibleAssetsOtherThanGoodwill2023-09-012024-08-3106341141ns5:PlantMachinery2023-09-012024-08-3106341141ns5:NetGoodwill2023-08-3106341141ns5:NetGoodwill2024-08-3106341141ns5:NetGoodwill2023-08-3106341141ns5:LandBuildings2023-08-3106341141ns5:PlantMachinery2023-08-3106341141ns5:LandBuildings2023-09-012024-08-3106341141ns5:LandBuildings2024-08-3106341141ns5:PlantMachinery2024-08-3106341141ns5:LandBuildings2023-08-3106341141ns5:PlantMachinery2023-08-3106341141ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-3106341141ns5:WithinOneYearns5:CurrentFinancialInstruments2023-08-3106341141ns10:OrdinaryShareClass12024-08-31
REGISTERED NUMBER: 06341141 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31st August 2024

for

John Towey Plastering Limited

John Towey Plastering Limited (Registered number: 06341141)






Contents of the Financial Statements
for the Year Ended 31st August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


John Towey Plastering Limited

Company Information
for the Year Ended 31st August 2024







DIRECTOR: Mr J A Towey





SECRETARY: Mrs K M Towey





REGISTERED OFFICE: 1 Selkirk Drive
Walton le Dale
Preston
Lancashire
PR5 4TJ





REGISTERED NUMBER: 06341141 (England and Wales)





ACCOUNTANTS: Stephen Andrews & Co Limited
186 Eaves Lane
Chorley
Lancashire
PR6 0AU

John Towey Plastering Limited (Registered number: 06341141)

Balance Sheet
31st August 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 80,835 87,431
80,835 87,431

CURRENT ASSETS
Debtors 6 - 804
Cash at bank 92,783 81,918
92,783 82,722
CREDITORS
Amounts falling due within one year 7 4,637 7,097
NET CURRENT ASSETS 88,146 75,625
TOTAL ASSETS LESS CURRENT
LIABILITIES

168,981

163,056

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 168,980 163,055
SHAREHOLDERS' FUNDS 168,981 163,056

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 15th January 2025 and were signed by:




Mr J A Towey - Director


John Towey Plastering Limited (Registered number: 06341141)

Notes to the Financial Statements
for the Year Ended 31st August 2024

1. STATUTORY INFORMATION

John Towey Plastering Limited 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc - 25% on cost

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

John Towey Plastering Limited (Registered number: 06341141)

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st September 2023
and 31st August 2024 9,000
AMORTISATION
At 1st September 2023
and 31st August 2024 9,000
NET BOOK VALUE
At 31st August 2024 -
At 31st August 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st September 2023
and 31st August 2024 80,834 26,394 107,228
DEPRECIATION
At 1st September 2023 - 19,797 19,797
Charge for year - 6,596 6,596
At 31st August 2024 - 26,393 26,393
NET BOOK VALUE
At 31st August 2024 80,834 1 80,835
At 31st August 2023 80,834 6,597 87,431

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Other debtors - 804

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Hire purchase contracts - 1,952
Trade creditors 500 317
Taxation and social security 3,289 4,172
Other creditors 848 656
4,637 7,097

John Towey Plastering Limited (Registered number: 06341141)

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

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.24 31.8.23
value: £    £   
1 Ordinary £1 1 1