Company Registration No. 08582403 (England and Wales)
J A Herbert Design and Build Ltd
Unaudited accounts
for the year ended 30 June 2024
J A Herbert Design and Build Ltd
Unaudited accounts
Contents
J A Herbert Design and Build Ltd
Company Information
for the year ended 30 June 2024
Company Number
08582403 (England and Wales)
Registered Office
NEWTON HALL TOWN STREET
NEWTON
CAMBRIDGE
CAMBRIDGESHIRE
CB22 7ZE
Accountants
Coles Accounting (Cambridge) Limited
Newton Hall
Town Street, Newton
Cambridge
Cambridgeshire
CB22 7ZE
J A Herbert Design and Build Ltd
Statement of financial position
as at 30 June 2024
Tangible assets
20,064
7,056
Cash at bank and in hand
14,282
144,690
Creditors: amounts falling due within one year
(177,828)
(192,505)
Net current (liabilities)/assets
(131,828)
27,819
Total assets less current liabilities
(111,764)
35,675
Creditors: amounts falling due after more than one year
(9,983)
-
Provisions for liabilities
Deferred tax
(5,016)
(1,341)
Net (liabilities)/assets
(126,763)
34,334
Called up share capital
100
100
Profit and loss account
(126,863)
34,234
Shareholders' funds
(126,763)
34,334
For the year ending 30 June 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 13 January 2025 and were signed on its behalf by
Mr J A Herbert
Director
Company Registration No. 08582403
J A Herbert Design and Build Ltd
Notes to the Accounts
for the year ended 30 June 2024
J A Herbert Design and Build Ltd is a private company, limited by shares, registered in England and Wales, registration number 08582403. The registered office is NEWTON HALL TOWN STREET, NEWTON, CAMBRIDGE, CAMBRIDGESHIRE, CB22 7ZE.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
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.
Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business.
Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.
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
25% straight line
Fixtures & fittings
33% straight line
J A Herbert Design and Build Ltd
Notes to the Accounts
for the year ended 30 June 2024
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 July 2023
26,190
1,246
27,436
At 30 June 2024
45,890
1,246
47,136
At 1 July 2023
19,139
1,241
20,380
Charge for the year
6,688
4
6,692
At 30 June 2024
25,827
1,245
27,072
At 30 June 2024
20,063
1
20,064
At 30 June 2023
7,051
5
7,056
Amounts falling due after more than one year
Trade debtors
7,521
61,499
J A Herbert Design and Build Ltd
Notes to the Accounts
for the year ended 30 June 2024
7
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
6,023
-
Trade creditors
103,462
106,275
Taxes and social security
25,544
25,139
Loans from directors
(66,249)
21
8
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
9,983
-
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors loan account
-
66,249
-
66,249
The directors loan was unsecured, interest-free and repayable on demand. The full amount of the loan was repaid within 9 months of the end of financial year.
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).