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Company Registration No. 07575473 (England and Wales)
J B SMITH CONSTRUCTION LIMITED Unaudited accounts for the year ended 31 March 2024
J B SMITH CONSTRUCTION LIMITED Unaudited accounts Contents
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J B SMITH CONSTRUCTION LIMITED Company Information for the year ended 31 March 2024
Director
James Smith
Company Number
07575473 (England and Wales)
Registered Office
Mayflower Accountancy & Tax Ltd The Angel Business Centre Luton Road, Toddington Dunstable Bedfordshire LU5 6DE England
Accountants
Mayflower Accountancy & Tax Limited Unit A, Angel Business Centre 1 Luton Road Toddington Bedfordshire LU5 6DE
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J B SMITH CONSTRUCTION LIMITED Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
300 
300 
Current assets
Debtors
14,151 
3,654 
Cash at bank and in hand
17,770 
27,566 
31,921 
31,220 
Creditors: amounts falling due within one year
(23,230)
(23,221)
Net current assets
8,691 
7,999 
Net assets
8,991 
8,299 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
8,990 
8,298 
Shareholders' funds
8,991 
8,299 
For the year ending 31 March 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 27 March 2025 and were signed on its behalf by
James Smith Director Company Registration No. 07575473
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J B SMITH CONSTRUCTION LIMITED Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
J B SMITH CONSTRUCTION LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07575473. The registered office is Mayflower Accountancy & Tax Ltd, The Angel Business Centre, Luton Road, Toddington, Dunstable, Bedfordshire, LU5 6DE, England.
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:
Motor vehicles
5 years straight line
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 April 2023
14,000 
At 31 March 2024
14,000 
Depreciation
At 1 April 2023
13,700 
At 31 March 2024
13,700 
Net book value
At 31 March 2024
300 
At 31 March 2023
300 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
2,799 
2,737 
Accrued income and prepayments
10,721 
917 
Other debtors
631 
- 
14,151 
3,654 
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J B SMITH CONSTRUCTION LIMITED Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
1,609 
- 
Loans from directors
19,821 
19,821 
Accruals
1,800 
3,400 
23,230 
23,221 
7
Transactions with related parties
Included within other creditors at the year end is an amount due to J B Smith, a director of the company, of £19,821 (2023: £19,821).
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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