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REGISTERED NUMBER: 04837874 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST AUGUST 2024

FOR

H & J CONSTRUCTION LIMITED

H & J CONSTRUCTION LIMITED (REGISTERED NUMBER: 04837874)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


H & J CONSTRUCTION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST AUGUST 2024







DIRECTOR: Mr G Johnson





REGISTERED OFFICE: 17 Moor Park Avenue
Preston
PR1 6AS





REGISTERED NUMBER: 04837874 (England and Wales)





ACCOUNTANTS: SBCA Chartered Accountants
17 Moor Park Avenue
Preston
Lancashire
PR1 6AS

H & J CONSTRUCTION LIMITED (REGISTERED NUMBER: 04837874)

STATEMENT OF FINANCIAL POSITION
31ST AUGUST 2024

31.8.24 31.8.23
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 59,839 32,902
59,839 32,902

CURRENT ASSETS
Stocks 6 450 350
Debtors 7 68,864 76,866
Cash at bank 218,875 174,910
288,189 252,126
CREDITORS
Amounts falling due within one year 8 (118,646 ) (112,029 )
NET CURRENT ASSETS 169,543 140,097
TOTAL ASSETS LESS CURRENT LIABILITIES 229,382 172,999

CREDITORS
Amounts falling due after more than
one year

9

(694

)

(2,361

)

PROVISIONS FOR LIABILITIES 10 (14,960 ) (8,226 )
NET ASSETS 213,728 162,412

CAPITAL AND RESERVES
Called up share capital 11 100 100
Retained earnings 12 213,628 162,312
SHAREHOLDERS' FUNDS 213,728 162,412

H & J CONSTRUCTION LIMITED (REGISTERED NUMBER: 04837874)

STATEMENT OF FINANCIAL POSITION - continued
31ST AUGUST 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 5th February 2025 and were signed by:





Mr G Johnson - Director


H & J CONSTRUCTION LIMITED (REGISTERED NUMBER: 04837874)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2024


1. STATUTORY INFORMATION

H & J Construction 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 represents net invoice value of goods & services provided in the year excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of ten years.

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, has now been fully amortised.

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 - 15% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

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

H & J CONSTRUCTION LIMITED (REGISTERED NUMBER: 04837874)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST AUGUST 2024


2. ACCOUNTING POLICIES - continued

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Basic financial assets:
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future cash flows discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities:
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities:
Basic financial liabilities, including creditors and bank loans, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of future cash flows discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if the payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest rate method.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.


H & J CONSTRUCTION LIMITED (REGISTERED NUMBER: 04837874)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST AUGUST 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 statement of financial position 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st September 2023
and 31st August 2024 64,000
AMORTISATION
At 1st September 2023
and 31st August 2024 64,000
NET BOOK VALUE
At 31st August 2024 -
At 31st August 2023 -

H & J CONSTRUCTION LIMITED (REGISTERED NUMBER: 04837874)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST AUGUST 2024


5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1st September 2023 13,598 2,147 91,436 3,022 110,203
Additions 583 284 37,744 - 38,611
Disposals - - (17,717 ) - (17,717 )
At 31st August 2024 14,181 2,431 111,463 3,022 131,097
DEPRECIATION
At 1st September 2023 10,705 1,327 62,838 2,431 77,301
Charge for year 570 302 10,472 330 11,674
Eliminated on disposal - - (17,717 ) - (17,717 )
At 31st August 2024 11,275 1,629 55,593 2,761 71,258
NET BOOK VALUE
At 31st August 2024 2,906 802 55,870 261 59,839
At 31st August 2023 2,893 820 28,598 591 32,902

6. STOCKS
31.8.24 31.8.23
£    £   
Stocks 450 350

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 66,191 74,607
Other debtors 2,673 2,259
68,864 76,866

H & J CONSTRUCTION LIMITED (REGISTERED NUMBER: 04837874)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST AUGUST 2024


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Hire purchase contracts 1,667 1,667
Trade creditors 24,787 13,555
Taxation and social security 57,358 63,855
Other creditors 34,834 32,952
118,646 112,029

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.8.24 31.8.23
£    £   
Hire purchase contracts 694 2,361

10. PROVISIONS FOR LIABILITIES
31.8.24 31.8.23
£    £   
Deferred tax
Accelerated Capital Allowances 14,960 8,226

Deferred
tax
£   
Balance at 1st September 2023 8,226
Charge to Statement of Income and Retained Earnings during
year

6,734
Balance at 31st August 2024 14,960

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.24 31.8.23
value: £    £   
100 Ordinary £1 100 100

H & J CONSTRUCTION LIMITED (REGISTERED NUMBER: 04837874)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST AUGUST 2024


12. RESERVES
Retained
earnings
£   

At 1st September 2023 162,312
Profit for the year 116,816
Dividends (65,500 )
At 31st August 2024 213,628

13. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st August 2024 and 31st August 2023:

31.8.24 31.8.23
£    £   
Mr G Johnson
Balance outstanding at start of year (29,998 ) (198,076 )
Amounts advanced 108,631 261,867
Amounts repaid (111,893 ) (93,789 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (33,260 ) (29,998 )