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REGISTERED NUMBER: 00759650 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

J. D. JONES (PLASTERING CONTRACTORS)
LIMITED

J. D. JONES (PLASTERING CONTRACTORS)
LIMITED (REGISTERED NUMBER: 00759650)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


J. D. JONES (PLASTERING CONTRACTORS)
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: C D Jones
S J Jones
A C Jones





SECRETARY: C K Wharton





REGISTERED OFFICE: First Floor
Unit 4
Broadfield Court
Sheffield
South Yorkshire
S8 0XF





REGISTERED NUMBER: 00759650 (England and Wales)





ACCOUNTANTS: Marriott Gibbs Rees Wallis Limited
Chartered Certified Accountants
First Floor
Unit 4, Broadfield Court
Sheffield
South Yorkshire
S8 0XF

J. D. JONES (PLASTERING CONTRACTORS)
LIMITED (REGISTERED NUMBER: 00759650)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 20,053 26,210

CURRENT ASSETS
Stocks 9,039 11,794
Debtors 5 9,013 6,412
Cash at bank and in hand 61,428 81,985
79,480 100,191
CREDITORS
Amounts falling due within one year 6 72,864 88,634
NET CURRENT ASSETS 6,616 11,557
TOTAL ASSETS LESS CURRENT
LIABILITIES

26,669

37,767

CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Capital redemption reserve 80 80
Retained earnings 24,589 35,687
26,669 37,767

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 March 2025 and were signed on its behalf by:




A C Jones - Director


J. D. JONES (PLASTERING CONTRACTORS)
LIMITED (REGISTERED NUMBER: 00759650)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

J. D. Jones (Plastering Contractors) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its estimated useful economic life or, if held under a finance lease, over the lease term, whichever is the shorter.

Asset classDepreciation method and rate
Freehold land and buildingsNot provided on original cost and 2% on cost of additions.
Plant and machinery15% on reducing balance.
Fixtures and fittings10% on reducing balance.
Motor vehicles20% on cost.
Office equipment10% on reducing balance and 25% on cost.

Stock and work in progress
Stock and work in progress are valued at the lower of cost and net realisable value, afterdue regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

J. D. JONES (PLASTERING CONTRACTORS)
LIMITED (REGISTERED NUMBER: 00759650)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing
Assets held under finance leases, which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet as tangible fixed assets and are depreciated over the shorter of the lease term and their useful lives. The capital elements of future obligations under the leases are included as liabilities in the balance sheet. The interest element of the rental obligation is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding. Assets held under hire purchase agreements are capitalised as tangible fixed assets and are depreciated over the shorter of the lease term and their useful lives.The capital element of future finance payments is included within creditors. Finance charges are allocated to accounting periods over the length of the contract and represent a constant proportion of the balance of capital repayments outstanding.

Pensions
The company operates a defined contribution pension scheme. Contributions are recognised in the profit and loss account in the period in which they become payable in accordance with the rules of the scheme.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
Cost
At 1 July 2023
and 30 June 2024 29,395 37,732 67,127
Depreciation
At 1 July 2023 14,253 26,664 40,917
Charge for year 560 5,597 6,157
At 30 June 2024 14,813 32,261 47,074
Net book value
At 30 June 2024 14,582 5,471 20,053
At 30 June 2023 15,142 11,068 26,210

J. D. JONES (PLASTERING CONTRACTORS)
LIMITED (REGISTERED NUMBER: 00759650)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
Cost
At 1 July 2023 24,126
Transfer to ownership (24,126 )
At 30 June 2024 -
Depreciation
At 1 July 2023 17,290
Charge for year 4,825
Transfer to ownership (22,115 )
At 30 June 2024 -
Net book value
At 30 June 2024 -
At 30 June 2023 6,836

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 5,709 3,364
Other debtors 3,304 3,048
9,013 6,412

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts - 3,264
Trade creditors 5,495 4,297
Taxation and social security 4,234 4,703
Other creditors 63,135 76,370
72,864 88,634

7. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts - 3,264

Amounts due in respect of the hire purchase contracts are secured against the assets to which they relate.

J. D. JONES (PLASTERING CONTRACTORS)
LIMITED (REGISTERED NUMBER: 00759650)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

8. RELATED PARTY DISCLOSURES

The directors have provided unsecured interest free loans to the company. At the balance sheet date they were owed £53,791 (2023 - £66,756). These loans are repayable on demand.