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REGISTERED NUMBER: 09131794 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

FOR

Joseph and Son Property Maintenance
Limited

Joseph and Son Property Maintenance
Limited (Registered number: 09131794)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Joseph and Son Property Maintenance
Limited

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTOR: P J O'Connor





REGISTERED OFFICE: Sherwood House
41 Queens Road
Farnborough
Hants
GU14 6JP





REGISTERED NUMBER: 09131794 (England and Wales)





ACCOUNTANTS: Jones & Co
Sherwood House
41 Queens Road
Farnborough
Hants
GU14 6JP

Joseph and Son Property Maintenance
Limited (Registered number: 09131794)

BALANCE SHEET
31 JULY 2024

31.7.24 31.7.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 5,516 7,539

CURRENT ASSETS
Stocks 750 10,283
Debtors 5 2,332 6,837
Cash at bank and in hand 22,870 31,935
25,952 49,055
CREDITORS
Amounts falling due within one year 6 19,785 11,621
NET CURRENT ASSETS 6,167 37,434
TOTAL ASSETS LESS CURRENT LIABILITIES 11,683 44,973

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 11,673 44,963
SHAREHOLDERS' FUNDS 11,683 44,973

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 April 2025 and were signed by:





P J O'Connor - Director


Joseph and Son Property Maintenance
Limited (Registered number: 09131794)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

Joseph and Son Property Maintenance 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.

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 represents net invoiced sales of goods and services, excluding value added tax and is recognised once the work is completed.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Office equipment - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current tax recognised as 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 any timing differences that have originated but not reversed at the balance sheet date since the amount is considered to be material.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Motor Office
vehicles equipment Totals
£    £    £   
COST
At 1 August 2023
and 31 July 2024 20,991 1,416 22,407
DEPRECIATION
At 1 August 2023 14,349 519 14,868
Charge for year 1,660 363 2,023
At 31 July 2024 16,009 882 16,891
NET BOOK VALUE
At 31 July 2024 4,982 534 5,516
At 31 July 2023 6,642 897 7,539

Joseph and Son Property Maintenance
Limited (Registered number: 09131794)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Other debtors 2,332 6,837

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade creditors 396 2,788
Taxation and social security 3,057 6,913
Other creditors 16,332 1,920
19,785 11,621

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2024 and 31 July 2023:

31.7.24 31.7.23
£    £   
P J O'Connor
Balance outstanding at start of year 2,828 35,320
Amounts advanced 12,490 17,508
Amounts repaid (30,000 ) (50,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (14,682 ) 2,828