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REGISTERED NUMBER: 05375591 (England and Wales)















J & A BUILDING SERVICES LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023






J & A BUILDING SERVICES LIMITED (REGISTERED NUMBER: 05375591)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


J & A BUILDING SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2023







DIRECTOR: J L Strickland



SECRETARY: I McDonald



REGISTERED OFFICE: The Exchange
5 Bank Street
Bury
Lancashire
BL9 0DN



REGISTERED NUMBER: 05375591 (England and Wales)



ACCOUNTANTS: DJH Bury Limited
The Exchange
5 Bank Street
Bury
Lancashire
BL9 0DN



BANKERS: Barclays Bank plc
6 Market Place
Wigan
Lancashire
WN1 1QS



SOLICITORS: SGC Solicitors
25 Derby Road
Long Eaton
Nottinghamshire
NG10 1NA

J & A BUILDING SERVICES LIMITED (REGISTERED NUMBER: 05375591)

STATEMENT OF FINANCIAL POSITION
31 AUGUST 2023

2023 2022
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 24 36

CURRENT ASSETS
Inventories 172,817 172,817
Debtors 5 157,205 110,524
Cash at bank 232 605
330,254 283,946
CREDITORS
Amounts falling due within one year 6 (93,066 ) (80,781 )
NET CURRENT ASSETS 237,188 203,165
TOTAL ASSETS LESS CURRENT
LIABILITIES

237,212

203,201

CREDITORS
Amounts falling due after more than one
year

7

(162,162

)

(162,162

)
NET ASSETS 75,050 41,039

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 74,950 40,939
SHAREHOLDERS' FUNDS 75,050 41,039

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 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.

J & A BUILDING SERVICES LIMITED (REGISTERED NUMBER: 05375591)

STATEMENT OF FINANCIAL POSITION - continued
31 AUGUST 2023


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 29 May 2025 and were signed by:





J L Strickland - Director


J & A BUILDING SERVICES LIMITED (REGISTERED NUMBER: 05375591)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023


1. STATUTORY INFORMATION

J & A Building Services Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 05375591 and its registered office address is The Exchange, 5 Bank Street, Bury, Lancashire, BL9 ODN.

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.

Going concern
The director is satisfied that the value of property stock held exceeds the associated mortgage liability due.

The company has remained profitable since the year end and continues to appropriately manage and control cashflow.

In light of the above, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For these reasons, he continues to adopt the going concern basis in preparing the financial statements.

Significant judgements and estimates
In the opinion of the director, there are currently no judgements or estimates applied which are considered to be critical in the preparation of the financial statements.

Revenue
Revenue represents the value of general building contracts undertaken and the value of construction consultancy services provided during the year. Any unbilled revenue from contracted building work in progress is included in debtors as 'Amounts recoverable on contracts'.

Sales of houses are recognised at the completion date upon funds being received by the company's solicitor from the purchaser/mortgage provider.

Construction consultancy services income is recognised as those services are provided to clients.

Rental income
Rental income is recognised evenly over the term of the respective lease.

Property, plant and equipment
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 30% on reducing balance

The residual values, estimated useful lives and depreciation method of property, plant and equipment are reviewed, and adjusted as appropriate, at each statement of financial position date. The effects of any revision are recognised in the income statement when the change arises.

Inventories
Completed properties are valued at the lower of cost and net realisable value. Cost is derived from actual purchase price. Net realisable value is selling price less costs to complete and sell.

J & A BUILDING SERVICES LIMITED (REGISTERED NUMBER: 05375591)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023


2. ACCOUNTING POLICIES - continued

Financial instruments
The company enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the income statement.

Basic financial liabilities are initially measured at transaction price and subsequently measured at amortised cost.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 1 (2022 - 1 ) .

J & A BUILDING SERVICES LIMITED (REGISTERED NUMBER: 05375591)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023


4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 September 2022
and 31 August 2023 5,415
DEPRECIATION
At 1 September 2022 5,379
Charge for year 12
At 31 August 2023 5,391
NET BOOK VALUE
At 31 August 2023 24
At 31 August 2022 36

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 15,851 20,077
Other debtors 141,354 90,447
157,205 110,524

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 3,629 2,400
Taxation and social security 35,437 26,381
Other creditors 54,000 52,000
93,066 80,781

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other creditors 162,162 162,162

J & A BUILDING SERVICES LIMITED (REGISTERED NUMBER: 05375591)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023


8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Mortgage loan 130,962 130,962

The mortgage loan is secured on the property stock held.

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2023 and 31 August 2022:

2023 2022
£    £   
J L Strickland
Balance outstanding at start of year 6,959 (32,677 )
Amounts advanced 14,904 43,636
Amounts repaid (12,921 ) (4,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 8,942 6,959

The maximum overdrawn balance in the year was £8,942 (2022: £6,959). No material advances were made during the year (2022: £14,200).

This balance is unsecured, interest free and repayable on demand.