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Company Registration No. 13202977 (England and Wales)
JMT PAVING LTD Unaudited accounts for the period from 29 February 2024 to 28 February 2025
JMT PAVING LTD Unaudited accounts Contents
Page
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JMT PAVING LTD Company Information for the period from 29 February 2024 to 28 February 2025
Directors
Josh Thomas Robyn Thomas
Company Number
13202977 (England and Wales)
Registered Office
112-113 HIGH STREET LINCOLN LN5 7PY UNITED KINGDOM
Accountants
M D Darby FCPA, CPAA, FIAB, ACCA/Cert:IFR, IFRS, IPSAS, IA Templar Accounting & Business Support Services Limited (Incorp: Blake and Co ) 112 - 113 High Street, Lincoln, Lincolnshire LN5 7PY
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JMT PAVING LTD Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
37,152 
28,454 
Current assets
Debtors
26,903 
42,114 
Cash at bank and in hand
57,367 
53,367 
84,270 
95,481 
Creditors: amounts falling due within one year
(43,913)
(56,996)
Net current assets
40,357 
38,485 
Total assets less current liabilities
77,509 
66,939 
Creditors: amounts falling due after more than one year
(9,582)
(6,224)
Provisions for liabilities
Deferred tax
(6,825)
(5,172)
Net assets
61,102 
55,543 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
61,100 
55,541 
Shareholders' funds
61,102 
55,543 
For the period ending 28 February 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 3 April 2025 and were signed on its behalf by
Josh Thomas Director Company Registration No. 13202977
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JMT PAVING LTD Notes to the Accounts for the period from 29 February 2024 to 28 February 2025
1
Statutory information
JMT PAVING LTD is a private company, limited by shares, registered in England and Wales, registration number 13202977. The registered office is 112-113 HIGH STREET, LINCOLN, LN5 7PY, UNITED KINGDOM.
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 period, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
20% Reducing balance
Motor vehicles
25% Reducing balance
Fixtures & fittings
10% Reducing balance
Computer equipment
30% Reducing balance
Deferred taxation
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.
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JMT PAVING LTD Notes to the Accounts for the period from 29 February 2024 to 28 February 2025
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 29 February 2024
4,360 
38,200 
90 
2,079 
44,729 
Additions
19,640 
- 
- 
- 
19,640 
At 28 February 2025
24,000 
38,200 
90 
2,079 
64,369 
Depreciation
At 29 February 2024
1,570 
13,628 
17 
1,060 
16,275 
Charge for the period
4,486 
6,143 
7 
306 
10,942 
At 28 February 2025
6,056 
19,771 
24 
1,366 
27,217 
Net book value
At 28 February 2025
17,944 
18,429 
66 
713 
37,152 
At 28 February 2024
2,790 
24,572 
73 
1,019 
28,454 
2025 
2024 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Plant & machinery
14,662 
- 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
1,060 
3,999 
Trade debtors
2,837 
6,559 
Other debtors
23,006 
31,556 
26,903 
42,114 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
6,000 
6,000 
Obligations under finance leases and hire purchase contracts
5,080 
- 
Trade creditors
637 
5,673 
Taxes and social security
7,157 
11,228 
Loans from directors
1,333 
1,839 
Accruals
700 
700 
Deferred income
23,006 
31,556 
43,913 
56,996 
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JMT PAVING LTD Notes to the Accounts for the period from 29 February 2024 to 28 February 2025
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
- 
6,224 
Obligations under finance leases and hire purchase contracts
9,582 
- 
9,582 
6,224 
Hire Purchase Yr. 2 - Yr. 3 = £9,581
8
Deferred taxation
2025 
2024 
£ 
£ 
Accelerated capital allowances
6,825 
5,172 
2025 
2024 
£ 
£ 
Provision at start of period
5,172 
3,331 
Charged to the profit and loss account
1,653 
1,841 
Provision at end of period
6,825 
5,172 
Due to accelerated capital allowances a deferred tax reserve has been created of some £6,825 This reserve will reverse in future periods creating a tax liability at the prevailing rate on the day.
9
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
10
Average number of employees
During the period the average number of employees was 2 (2024: 2).
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