EJG BUILDERS LTD - Accounts

EJG BUILDERS LTD
Contents Page
For the year ended 31 May 2024

Statement of financial position	1
Notes to the financial statements	2

EJG BUILDERS LTD
Statement of Financial Position
As at 31 May 2024

	Notes	2024 £	2023 £
Fixed assets
Tangible fixed assets	3	15,744	20,172
		15,744	20,172
Current assets
Debtors		23	0
Cash at bank and in hand		11,286	18,108
		11,309	18,108
Creditors: amount falling due within one year		(21,084)	(36,089)
Net current assets		(9,775)	(17,981)

Total assets less current liabilities		5,969	2,191
Net assets		5,969	2,191

Capital and reserves
Called up share capital		100	100
Profit and loss account		5,869	2,091
Shareholders' funds		5,969	2,191

For the year ended 31 May 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 year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 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. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 07 April 2025 and were signed by:

-------------------------------
Gurjeet Singh
Director

1

EJG BUILDERS LTD
Notes to the Abridged Financial Statements
For the year ended 31 May 2024

General Information

EJG BUILDERS LTD is a private company, limited by shares, registered in , registration number 13383983, registration address 5 ASQUITH STREET, Mansfield , NG18 3DG.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

2.	Average number of employees Average number of employees during the year was 2 (2023 : 2).

3.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Total
	£	£
At 01 June 2023	24,600	24,600
Additions	-	-
Disposals	-	-
At 31 May 2024	24,600	24,600
Depreciation
At 01 June 2023	4,428	4,428
Charge for year	4,428	4,428
On disposals	-	-
At 31 May 2024	8,856	8,856
Net book values
Closing balance as at 31 May 2024	15,744	15,744
Opening balance as at 01 June 2023	20,172	20,172

2