Company Registration No. 09188666 (England and Wales)
J A Construction & Carpentry Ltd
Unaudited accounts
for the year ended 31 August 2024
J A Construction & Carpentry Ltd
Unaudited accounts
Contents
J A Construction & Carpentry Ltd
Statement of financial position
as at 31 August 2024
Tangible assets
43,265
24,549
Cash at bank and in hand
148,454
203,423
Creditors: amounts falling due within one year
(58,941)
(123,480)
Net current assets
139,006
102,390
Total assets less current liabilities
182,271
126,939
Creditors: amounts falling due after more than one year
(19,863)
-
Provisions for liabilities
Deferred tax
(10,816)
(6,137)
Net assets
151,592
120,802
Called up share capital
4
4
Profit and loss account
151,588
120,798
Shareholders' funds
151,592
120,802
For the year ending 31 August 2024 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 director acknowledges his 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 and authorised for issue on 24 April 2025 and were signed on its behalf by
J Ansell
Director
Company Registration No. 09188666
J A Construction & Carpentry Ltd
Notes to the Accounts
for the year ended 31 August 2024
J A Construction & Carpentry Ltd is a private company, limited by shares, registered in England and Wales, registration number 09188666. The registered office is 2 Bailey Hill, Castle Cary, Somerset, BA7 7AD.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
25% straight line
Motor vehicles
25% reducing balance
Computer equipment
25% straight line
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.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
J A Construction & Carpentry Ltd
Notes to the Accounts
for the year ended 31 August 2024
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.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2023
3,888
43,554
1,806
49,248
Additions
-
50,315
-
50,315
Disposals
-
(39,854)
-
(39,854)
At 31 August 2024
3,888
54,015
1,806
59,709
At 1 September 2023
3,089
20,849
761
24,699
Charge for the year
419
10,570
261
11,250
On disposals
-
(19,505)
-
(19,505)
At 31 August 2024
3,508
11,914
1,022
16,444
At 31 August 2024
380
42,101
784
43,265
At 31 August 2023
799
22,705
1,045
24,549
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Motor vehicles
30,428
16,176
Amounts falling due within one year
Accrued income and prepayments
16,775
1,195
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
1,913
15,239
Trade creditors
30,603
35,222
Taxes and social security
17,050
24,986
Loans from directors
-
20,648
J A Construction & Carpentry Ltd
Notes to the Accounts
for the year ended 31 August 2024
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
19,863
-
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Short term loan
(20,648)
49,744
-
29,096
The loan was repaid on 05/04/2025.
9
Average number of employees
During the year the average number of employees was 3 (2023: 2).