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REGISTERED NUMBER: SC161107 (Scotland)















Unaudited Financial Statements

for the Year Ended 31 October 2024

for

Joinerforce Construction Ltd.

Joinerforce Construction Ltd. (Registered number: SC161107)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Joinerforce Construction Ltd.

Company Information
for the Year Ended 31 October 2024







DIRECTORS: Mr R D Noble
Mrs R Noble





REGISTERED OFFICE: 19 Smithy Lane
Longside
Peterhead
Aberdeenshire
AB42 4YQ





REGISTERED NUMBER: SC161107 (Scotland)





ACCOUNTANTS: SBP
Accountants
Glebefield House
21 Links Terrace
Peterhead
Aberdeenshire
AB42 2XA

Joinerforce Construction Ltd. (Registered number: SC161107)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 386 454
Investment property 5 - 100,000
386 100,454

CURRENT ASSETS
Stocks 27,411 -
Debtors 6 10,948 17,204
Cash at bank 11,344 15,973
49,703 33,177
CREDITORS
Amounts falling due within one year 7 34,462 28,034
NET CURRENT ASSETS 15,241 5,143
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,627

105,597

PROVISIONS FOR LIABILITIES 73 11,639
NET ASSETS 15,554 93,958

CAPITAL AND RESERVES
Called up share capital 99 99
Fair value reserve 8 - 61,036
Retained earnings 8 15,455 32,823
SHAREHOLDERS' FUNDS 15,554 93,958

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

Joinerforce Construction Ltd. (Registered number: SC161107)

Balance Sheet - continued
31 October 2024


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 Board of Directors and authorised for issue on 16 April 2025 and were signed on its behalf by:





Mr R D Noble - Director


Joinerforce Construction Ltd. (Registered number: SC161107)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Joinerforce Construction Ltd. is a private company, limited by shares , registered in Scotland. 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 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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Tools and equipment - 15% on reducing balance

Tangible fixed assets are included at cost less depreciation and impairment. The residual value is reassessed at the end of each accounting period.

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 and deferred tax. Tax is recognised in the Income Statement, 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.

3. EMPLOYEES AND DIRECTORS

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

Joinerforce Construction Ltd. (Registered number: SC161107)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

4. TANGIBLE FIXED ASSETS
Tools and
equipment
£   
COST
At 1 November 2023
and 31 October 2024 578
DEPRECIATION
At 1 November 2023 124
Charge for year 68
At 31 October 2024 192
NET BOOK VALUE
At 31 October 2024 386
At 31 October 2023 454

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2023 100,000
Reclassification/transfer (100,000 )
At 31 October 2024 -
NET BOOK VALUE
At 31 October 2024 -
At 31 October 2023 100,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 3,185 8,420
Amounts recoverable on contract 451 1,237
Other debtors 7,312 7,547
10,948 17,204

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade creditors 504 1,092
Taxation and social security 1,939 6,280
Other creditors 32,019 20,662
34,462 28,034

Joinerforce Construction Ltd. (Registered number: SC161107)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

8. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 November 2023 32,823 61,036 93,859
Profit for the year 7,842 7,842
Dividends (25,210 ) (25,210 )
Transfer - (61,036 ) (61,036 )
At 31 October 2024 15,455 - 15,455