4 2 C J Jenkins and Sons Ltd 14275238 false 2023-04-01 2024-03-30 2024-03-30 The principal activity of the company is industrial cleaning activities. Digita Accounts Production Advanced 6.30.9574.0 true true 14275238 2023-04-01 2024-03-30 14275238 2024-03-30 14275238 core:HirePurchaseContracts core:CurrentFinancialInstruments 2024-03-30 14275238 core:HirePurchaseContracts core:Non-currentFinancialInstruments 2024-03-30 14275238 core:CurrentFinancialInstruments 2024-03-30 14275238 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-30 14275238 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-30 14275238 core:FurnitureFittings 2024-03-30 14275238 core:MotorVehicles 2024-03-30 14275238 core:PlantMachinery 2024-03-30 14275238 bus:SmallEntities 2023-04-01 2024-03-30 14275238 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-30 14275238 bus:FilletedAccounts 2023-04-01 2024-03-30 14275238 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-30 14275238 bus:RegisteredOffice 2023-04-01 2024-03-30 14275238 bus:Director1 2023-04-01 2024-03-30 14275238 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-30 14275238 bus:Agent1 2023-04-01 2024-03-30 14275238 core:FurnitureFittings 2023-04-01 2024-03-30 14275238 core:MotorVehicles 2023-04-01 2024-03-30 14275238 core:PlantMachinery 2023-04-01 2024-03-30 14275238 core:Vehicles 2023-04-01 2024-03-30 14275238 countries:EnglandWales 2023-04-01 2024-03-30 14275238 2023-03-31 14275238 core:FurnitureFittings 2023-03-31 14275238 core:MotorVehicles 2023-03-31 14275238 core:PlantMachinery 2023-03-31 14275238 2022-10-01 2023-03-31 14275238 2023-03-31 14275238 core:HirePurchaseContracts core:CurrentFinancialInstruments 2023-03-31 14275238 core:HirePurchaseContracts core:Non-currentFinancialInstruments 2023-03-31 14275238 core:CurrentFinancialInstruments 2023-03-31 14275238 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 14275238 core:Non-currentFinancialInstruments core:AfterOneYear 2023-03-31 14275238 core:FurnitureFittings 2023-03-31 14275238 core:MotorVehicles 2023-03-31 14275238 core:PlantMachinery 2023-03-31 xbrli:pure iso4217:GBP

Registration number: 14275238

C J Jenkins and Sons Ltd trading as C J Jenkins and Sons

Unaudited Filleted Financial Statements

for the Period from 1 April 2023 to 30 March 2024

 

C J Jenkins and Sons Ltd trading as C J Jenkins and Sons

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 7

 

C J Jenkins and Sons Ltd trading as C J Jenkins and Sons

Company Information

Director

Mr C J Jenkins

Registered office

35 Wyeside Gardens
Hay on Wye
Hereford
Powys
HR3 5QR

Bankers

NatWest Bank plc
12 Broad Street
Hereford
HR4 9AH

Accountants

W J James & Co
Chartered Accountants Bishop House
10 Wheat Street
Brecon
Powys
LD3 7DG

 

C J Jenkins and Sons Ltd trading as C J Jenkins and Sons

(Registration number: 14275238)
Balance Sheet as at 30 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

75,331

58,158

Current assets

 

Stocks

250

392

Debtors

5

5,850

15,860

Cash at bank and in hand

 

1,628

304

 

7,728

16,556

Creditors: Amounts falling due within one year

6

(71,517)

(39,771)

Net current liabilities

 

(63,789)

(23,215)

Total assets less current liabilities

 

11,542

34,943

Creditors: Amounts falling due after more than one year

6

(41,916)

(40,638)

Net liabilities

 

(30,374)

(5,695)

Capital and reserves

 

Called up share capital

100

100

Retained earnings

(30,474)

(5,795)

Shareholders' deficit

 

(30,374)

(5,695)

For the financial period ending 30 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 10 March 2025
 

.........................................
Mr C J Jenkins
Director

 

C J Jenkins and Sons Ltd trading as C J Jenkins and Sons

Notes to the Unaudited Financial Statements for the Period from 1 April 2023 to 30 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
35 Wyeside Gardens
Hay on Wye
Hereford
Powys
HR3 5QR

These financial statements were authorised for issue by the director on 10 March 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are presented in sterling, which is the functional currency of the company, and rounded up to the nearest £1.

Going concern

The financial statements have been prepared on a going concern basis. The company has net liabilities at the balance sheet date. The director has confirmed his ongoing support to the company.

Revenue recognition

Turnover represents the net amount of cleaning services invoiced for the year excluding VAT.

Tax

The tax expense for the period comprises current tax. Tax is represented in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

C J Jenkins and Sons Ltd trading as C J Jenkins and Sons

Notes to the Unaudited Financial Statements for the Period from 1 April 2023 to 30 March 2024

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

20% on reducing balance

Motor vehicles

None in the year of purchase, 25% on reducing balance thereafter

Tractors

25 % on reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Stocks

Stocks are stated at the lower of cost and estimated selling price.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

 

C J Jenkins and Sons Ltd trading as C J Jenkins and Sons

Notes to the Unaudited Financial Statements for the Period from 1 April 2023 to 30 March 2024

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 4 (2023 - 2).

 

C J Jenkins and Sons Ltd trading as C J Jenkins and Sons

Notes to the Unaudited Financial Statements for the Period from 1 April 2023 to 30 March 2024

4

Tangible assets

Tractors
£

Plant and machinery
£

Motor vehicles
 £

Total
£

Cost or valuation

At 1 April 2023

-

50,500

12,694

63,194

Additions

15,000

2,206

21,900

39,106

At 30 March 2024

15,000

52,706

34,594

102,300

Depreciation

At 1 April 2023

-

5,036

-

5,036

Charge for the period

3,750

9,534

8,649

21,933

At 30 March 2024

3,750

14,570

8,649

26,969

Carrying amount

At 30 March 2024

11,250

38,136

25,945

75,331

At 31 March 2023

-

45,464

12,694

58,158

5

Debtors

Current

2024
£

2023
£

Trade debtors

3,285

10,963

Other debtors

2,565

4,897

 

5,850

15,860

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

7

29,588

21,065

Trade creditors

 

6,933

30

Taxation and social security

 

27,174

2,555

Accruals and deferred income

 

4,000

2,450

Other creditors

 

3,822

13,671

 

71,517

39,771

 

C J Jenkins and Sons Ltd trading as C J Jenkins and Sons

Notes to the Unaudited Financial Statements for the Period from 1 April 2023 to 30 March 2024

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

7

41,916

40,638

7

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Hire purchase contracts

41,916

40,638

Current loans and borrowings

2024
£

2023
£

Hire purchase contracts

29,588

21,065