1 August 2023 false No description of principal activity Taxfiler 2024.6 10846734business:PrivateLimitedCompanyLtd2023-08-012024-07-31 108467342023-07-31 108467342023-08-012024-07-31 10846734business:AuditExempt-NoAccountantsReport2023-08-012024-07-31 10846734business:FilletedAccounts2023-08-012024-07-31 108467342024-07-31 10846734business:Director12023-08-012024-07-31 10846734business:RegisteredOffice2023-08-012024-07-31 108467342023-07-31 10846734core:WithinOneYear2024-07-31 10846734core:WithinOneYear2023-07-31 10846734core:AfterOneYear2024-07-31 10846734core:AfterOneYear2023-07-31 10846734core:ShareCapitalcore:PreviouslyStatedAmount2024-07-31 10846734core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 10846734core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-07-31 10846734core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 10846734core:PreviouslyStatedAmount2024-07-31 10846734core:PreviouslyStatedAmount2023-07-31 10846734business:SmallEntities2023-08-012024-07-31 10846734countries:EnglandWales2023-08-012024-07-31 10846734core:PlantMachinery2023-08-012024-07-31 10846734core:MotorVehicles2023-08-012024-07-31 10846734core:MotorVehicles2023-07-31 10846734core:FurnitureFittings2023-07-31 10846734core:ComputerEquipment2023-07-31 10846734core:FurnitureFittings2023-08-012024-07-31 10846734core:ComputerEquipment2023-08-012024-07-31 10846734core:MotorVehicles2024-07-31 10846734core:FurnitureFittings2024-07-31 10846734core:ComputerEquipment2024-07-31 10846734core:MotorVehiclescore:LeasedAssetsHeldAsLessee2024-07-31 10846734core:MotorVehiclescore:LeasedAssetsHeldAsLessee2023-07-31 10846734core:WithinOneYear2023-08-012024-07-31 10846734core:AfterOneYear2023-08-012024-07-31 10846734business:OrdinaryShareClass12023-08-012024-07-31 10846734business:OrdinaryShareClass12022-08-012023-07-31 108467342022-08-012023-07-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 10846734 (England and Wales)
JS Paving Ltd Unaudited accounts for the year ended 31 July 2024
JS Paving Ltd Unaudited accounts Contents
Page
- 2 -
JS Paving Ltd Company Information for the year ended 31 July 2024
Director
Mr Joe Samuel Smith
Company Number
10846734 (England and Wales)
Registered Office
112-113 High Street Lincoln LN5 7PY UNITED KINGDOM
Accountants
M D Darby FCPA, CPAA, FIAB, ACCA/Cert:IFR, IFRS, IPSAS, IA Templar Accounting & Business Support Services Limited (Incorp: Blake and Co ) 112 - 113 High Street, Lincoln, Lincolnshire LN5 7PY
- 3 -
JS Paving Ltd Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
45,570 
69,669 
Current assets
Cash at bank and in hand
119,573 
44,133 
Creditors: amounts falling due within one year
(20,308)
(11,898)
Net current assets
99,265 
32,235 
Total assets less current liabilities
144,835 
101,904 
Creditors: amounts falling due after more than one year
(53,046)
(39,500)
Provisions for liabilities
Deferred tax
(30,813)
(24,660)
Net assets
60,976 
37,744 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
60,975 
37,743 
Shareholders' funds
60,976 
37,744 
For the year ending 31 July 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 director acknowledges his 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 and authorised for issue on 9 February 2025 and were signed on its behalf by
Mr Joe Samuel Smith Director Company Registration No. 10846734
- 4 -
JS Paving Ltd Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
JS Paving Ltd is a private company, limited by shares, registered in England and Wales, registration number 10846734. The registered office is 112-113 High Street, Lincoln, LN5 7PY, UNITED KINGDOM.
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
20% Reducing balance
Motor vehicles
20% Reducing balance
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
- 5 -
JS Paving Ltd Notes to the Accounts for the year ended 31 July 2024
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 August 2023
93,795 
400 
650 
94,845 
Additions
56,720 
- 
- 
56,720 
Disposals
(92,295)
- 
- 
(92,295)
At 31 July 2024
58,220 
400 
650 
59,270 
Depreciation
At 1 August 2023
24,557 
236 
383 
25,176 
Charge for the year
12,456 
32 
53 
12,541 
On disposals
(24,017)
- 
- 
(24,017)
At 31 July 2024
12,996 
268 
436 
13,700 
Net book value
At 31 July 2024
45,224 
132 
214 
45,570 
At 31 July 2023
69,238 
164 
267 
69,669 
2024 
2023 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Motor vehicles
23,000 
- 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
5,000 
5,000 
VAT
1,653 
3,889 
Obligations under finance leases and hire purchase contracts
5,791 
- 
Trade creditors
3,534 
- 
Taxes and social security
(120)
691 
Loans from directors
3,550 
1,418 
Accruals
900 
900 
20,308 
11,898 
BB Loan Yr. 1 £5,000
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
38,250 
39,500 
Obligations under finance leases and hire purchase contracts
14,796 
- 
53,046 
39,500 
BBL loan extended to a 10 year term with 2.5% interest accruing over the term. Balance Yr.2. - Yr.10. £38,250 A Government guarantee is in place to support the loan
- 6 -
JS Paving Ltd Notes to the Accounts for the year ended 31 July 2024
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £0.01 each
1 
1 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 7 -