IRIS Accounts Production v25.1.0.734 01776666 Board of Directors 1.10.23 30.9.24 30.9.24 construction. This comprised building, contracting and civil engineering. 231 252 true false true true false false true true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh017766662023-09-30017766662024-09-30017766662023-10-012024-09-30017766662022-09-30017766662022-10-012023-09-30017766662023-09-3001776666ns15:EnglandWales2023-10-012024-09-3001776666ns14:PoundSterling2023-10-012024-09-3001776666ns10:Director12023-10-012024-09-3001776666ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3001776666ns10:FRS1022023-10-012024-09-3001776666ns10:Audited2023-10-012024-09-3001776666ns10:LargeMedium-sizedCompaniesRegimeForDirectorsReport2023-10-012024-09-3001776666ns10:LargeMedium-sizedCompaniesRegimeForAccounts2023-10-012024-09-3001776666ns10:FullAccounts2023-10-012024-09-3001776666ns10:OrdinaryShareClass12023-10-012024-09-3001776666ns10:Director22023-10-012024-09-3001776666ns10:CompanySecretary12023-10-012024-09-3001776666ns10:RegisteredOffice2023-10-012024-09-3001776666ns5:CurrentFinancialInstruments2024-09-3001776666ns5:CurrentFinancialInstruments2023-09-3001776666ns5:ShareCapital2024-09-3001776666ns5:ShareCapital2023-09-3001776666ns5:RetainedEarningsAccumulatedLosses2024-09-3001776666ns5:RetainedEarningsAccumulatedLosses2023-09-3001776666ns5:ShareCapital2022-09-3001776666ns5:RetainedEarningsAccumulatedLosses2022-09-3001776666ns5:RetainedEarningsAccumulatedLosses2022-10-012023-09-3001776666ns5:RetainedEarningsAccumulatedLosses2023-10-012024-09-3001776666ns5:PlantMachinery2023-10-012024-09-3001776666ns5:FurnitureFittings2023-10-012024-09-3001776666ns5:MotorVehicles2023-10-012024-09-3001776666ns5:OwnedAssets2023-10-012024-09-3001776666ns5:OwnedAssets2022-10-012023-09-3001776666ns10:OrdinaryShareClass12022-10-012023-09-3001776666ns5:PlantMachinery2023-09-3001776666ns5:FurnitureFittings2023-09-3001776666ns5:MotorVehicles2023-09-3001776666ns5:PlantMachinery2024-09-3001776666ns5:FurnitureFittings2024-09-3001776666ns5:MotorVehicles2024-09-3001776666ns5:PlantMachinery2023-09-3001776666ns5:FurnitureFittings2023-09-3001776666ns5:MotorVehicles2023-09-3001776666ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-09-3001776666ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-09-3001776666ns5:Non-currentFinancialInstruments2024-09-3001776666ns5:Non-currentFinancialInstruments2023-09-3001776666ns5:WithinOneYear2024-09-3001776666ns5:WithinOneYear2023-09-3001776666ns5:BetweenOneFiveYears2024-09-3001776666ns5:BetweenOneFiveYears2023-09-3001776666ns5:AllPeriods2024-09-3001776666ns5:AllPeriods2023-09-3001776666ns5:AcceleratedTaxDepreciationDeferredTax2024-09-3001776666ns5:AcceleratedTaxDepreciationDeferredTax2023-09-3001776666ns5:DeferredTaxation2023-09-3001776666ns5:DeferredTaxation2024-09-3001776666ns10:OrdinaryShareClass12024-09-3001776666ns5:RetainedEarningsAccumulatedLosses2023-09-30
REGISTERED NUMBER: 01776666 (England and Wales)















STRATEGIC REPORT, REPORT OF THE DIRECTORS AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

C.J.L. CONSTRUCTION LIMITED

C.J.L. CONSTRUCTION LIMITED (REGISTERED NUMBER: 01776666)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Strategic Report 2

Report of the Directors 4

Report of the Independent Auditors 8

Income Statement 12

Other Comprehensive Income 13

Balance Sheet 14

Statement of Changes in Equity 15

Notes to the Financial Statements 16


C.J.L. CONSTRUCTION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: Mr C J Lomas
Mrs H M L Lomas



SECRETARY: Mrs H M L Lomas



REGISTERED OFFICE: Boyce's Building
40-42 Regent Street
Clifton
Bristol
BS8 4HU



REGISTERED NUMBER: 01776666 (England and Wales)



SENIOR STATUTORY
AUDITOR:
Paul Freeman ACA ACCA BA



AUDITORS: Lawes & Co UK Limited (Statutory Auditors)
Boyce's Building
40-42 Regent Street
Clifton
Bristol
BS8 4HU

C.J.L. CONSTRUCTION LIMITED (REGISTERED NUMBER: 01776666)

STRATEGIC REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2024

The directors present their strategic report for the year ended 30 September 2024.

This strategic report forms part of the company's annual accounts and reports. A person entitled to receive a full copy of the company's annual accounts and reports can obtain them by contacting Mr C J Lomas using the contact details given on the company's website: www.cjlconstruction.com.

REVIEW OF BUSINESS
Our company operates in the construction industry which comprises building, contracting and civil engineering. The majority of our work relates to providing services to major homebuilders in the South West of England.

As directors, we aim to present a balanced and comprehensive review of the development and performance of our business during the year and its position at the year end. Our review is consistent with the size and non-complex nature of our business.

The company continues to operate in the construction industry and we consider our key financial performance indicators to be those which communicate the performance and strength of the company as a whole. These are as follows:

2024 2023 2022
£ £ £

Sales 47,504,780 61,317,759 65,903,332
Gross Profit 4,103,914 9,521,425 10,096,985
Profit Before Tax 512,087 6,119,722 6,841,930
Profit After Tax 1,298,982 5,411,191 5,584,494
Net Assets 40,686,747 41,387,765 37,976,574

Liquidity % 670 628 438

There has continued to be pressures from both customers and suppliers on prices as the construction industry continues its recovery from the difficulties in recent years. However, the company's aim of providing a market leading service to its customers has helped to ensure that it remains financially steady and able to react to both customer and supplier demands.

A constant review of processes coupled with increased use of technology has helped to maintain a high level of service to customers and limit the impact on margins.

The decline in revenue and profitability was reflective of the market generally. The company has continued its commitment to retaining reserves within the company to help ensure that it has adequate liquid resources for future investment and a strong enough net assets position to remain financially viable for a long term future. Following a more financially difficult year, this policy of remaining financially strong means that we continue to be well placed for the future.


C.J.L. CONSTRUCTION LIMITED (REGISTERED NUMBER: 01776666)

STRATEGIC REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2024

PRINCIPAL RISKS AND UNCERTAINTIES
As for many businesses of our size operating in the construction industry, the business environment in which we operate continues to be challenging due to the continued uncertainty of the economy and still relatively low levels of mortgage lending. However, these do appear to have improved over the last few years. With these risks and uncertainties in mind, we are aware that any plans for the future development of the business could be subject to unforeseen future events outside our control.

The financial stability of our major customers is crucial to the financial stability of our company and this presents a risk outside of our control. To minimise this risk we ensure that we conduct our business within the contractual terms agreed with our customers. We also work closely with our large and frequent customers so that we are aware of their plans for future development. We can then make sure that we provide a cost effective and efficient service to them.

Another factor that ensures financial stability of the company is the collection of retentions from customers as they fall due. The company has procedures in place to ensure these are recovered.

Labour requirements and operational overheads are reviewed and monitored constantly and carefully. Management accounts are also prepared and reviewed on a monthly basis to ensure profits are achieved.

Health and Safety is also crucial to the construction industry. The company has a number of procedures in place to ensure the safety of individuals on the construction sites. These include use of Health and Safety examiners, annual audits by the public liability insurance company, a full time Health & Safety manager, a requirement for all appropriate employees to have CSCS cards, monthly site visits from a safety consultancy firm and risk assessments.

FUTURE DEVELOPMENTS
The company has sufficient financial resources together with numerous contracts in place at the year end with a number of customers. As a result, the directors believe the company is well placed to manage its business risks successfully.

The directors believe that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements.

UNQUALIFIED ACCOUNTS
The auditor's report on pages 7 and 8 gives an unqualified opinion on the annual accounts. As required by Companies Act 2006 section 496, the auditor's report also provides an unqualified opinion confirming specifically that the information given in the strategic report and the directors' report is consistent with the accounts.

ON BEHALF OF THE BOARD:





Mr C J Lomas - Director


24 June 2025

C.J.L. CONSTRUCTION LIMITED (REGISTERED NUMBER: 01776666)

REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

The directors present their report with the financial statements of the company for the year ended 30 September 2024.

DIVIDENDS
An interim dividend of £20,000 per share was paid on 1 October 2023. The directors recommend that no final dividend be paid.

The total distribution of dividends for the year ended 30 September 2024 will be £ 2,000,000 .

FUTURE DEVELOPMENTS
The company's business activities, together with the factors likely to affect its future development, performance and position are set out in the Business Review. The financial position of the company and its cash flows are described in the financial statements. The company has sufficient financial resources together with numerous contracts in place at the year end with a number of customers. As a result, the directors believe the company is well placed to manage its business risks successfully despite the current uncertain economic outlook.

The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 October 2023 to the date of this report.

Mr C J Lomas
Mrs H M L Lomas

CHARITABLE DONATIONS
During the year the company made the following charitable donations:


£

The Christopher Lomas Charitable Trust 100,000
Other sundry donations 2079
102,079


EMPLOYMENT OF DISABLED PERSONS
The company supports the principle of equal opportunities in employment and opposes all forms of unlawful or unfair discrimination on the grounds of race, age, nationality, religion, ethnic or national origin, sexual orientation, gender or gender reassignment, marital status or disability. It is also the policy of the company, where possible, to give sympathetic consideration to disabled persons in their application for employment with the company and to protect the interests of existing members of the staff who are disabled.


C.J.L. CONSTRUCTION LIMITED (REGISTERED NUMBER: 01776666)

REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

EMPLOYEE INVOLVEMENT
It is the policy of the company to encourage and develop all members of staff to realise their maximum potential. Wherever possible, vacancies are filled from within the company and adequate opportunities for internal promotion are created. The company is committed to a systematic training policy and has a comprehensive training and development programme creating the opportunity for employees to maintain and improve their performance and to develop their potential to a maximum level of attainment. In this way, staff will make their best possible contribution to the company’s success.

STREAMLINED ENERGY AND CARBON REPORTING

1. UK Energy Use and GHG Emissions
The tables and graphs below detail the energy used by CJL Construction Ltd in their business activities involving the combustion of gas and fuels, the purchase of electricity and business mileage in both kWh and tCO2e. They also detail the total energy and emissions by scope and as a total.


Type of activity

Energy Usage
Measurement
Unit

GHG Emissions
Measurement
Unit
Grid Electricity 31,743 kWh 7 t CO2e
Heating
Kerosene

12,353

kWh

3

t CO2e
Site Diesel 10,985,530 kWh 2,626 t CO2e
Fleet 2,168,414 kWh 510 t CO2e
Grey Fleet 1,395,825 kWh 353 t CO2e
Total 14,593,865 kWh 3,499 t CO2e


Scope

Energy Usage
Measurement
Unit

GHG Emissions
Measurement
Unit
Scope 1 15,214,011 kWh 3,139 t CO2e
Scope 2 32,126 kWh 7 t CO2e
Scope 3 1,136,305 kWh 353 t CO2e
Total 16,382,442 kWh 3,499 t CO2e

Total GHG Emissions for the reporting period 3499.00 t CO2e


2. Intensity Ratio

To convert absolute emissions to an emissions intensity metric, CJL Construction Ltd have calculated emissions per a relevant unit of measure.

An intensity ratio is a way of defining CJL Construction Ltd emissions data in relation to an appropriate business metric, such as tonnes of CO2e per sales revenue, or tonnes of CO2e per total square metres of floor space. This allows comparison of energy efficiency performance over time and with other similar types of organisations.

SECR Intensity ratios are calculated by dividing CJL Construction Ltd emissions by its organisation-specific metric.
In this instance the intensity ratio used for CJL Construction Ltd is £M Turnover for the reporting period

Normalising
Metric

Turnover

£47.5m
Intensity Ratio FY
2023-24

73.66

t CO2e / £m

C.J.L. CONSTRUCTION LIMITED (REGISTERED NUMBER: 01776666)

REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 30 SEPTEMBER 2024



3. Principal Energy Efficiency Actions

CJL Construction Ltd continue to strive for energy and carbon reduction arising from their activities. Although no specific Principal Energy Efficiency Actions were taken during this year, they continue to use more efficient plant and machinery and have undertaken ESOS Phase 3.


4. Methodology

The figures quoted within this report and detailed within the evidence pack have been supplied directly from CJL Construction Ltd and include Electricity, Heating Kerosene, Diesel used on construction sites, Transport Fuels, Grey Fleet and Business Mileage.

Conversion factors used are taken from the '2024 UK Government's GHG Conversion Factors for Company Reporting' to calculate emissions for Scope 1,2 and 3.

Electricity Transmission and Distribution losses have been included within the CO2e figures and are shown as Scope 3


5. Materiality

The data provided for this report by CJL Construction Ltd has been determined as accurate and complete and covers 100% of their activities.

No estimations have been used in this report.

STATEMENT OF DIRECTORS' RESPONSIBILITIES
The directors are responsible for preparing the Strategic Report, the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

-select suitable accounting policies and then apply them consistently;
-make judgements and accounting estimates that are reasonable and prudent;
-state whether applicable accounting standards have been followed, subject to any material
departures disclosed and explained in the financial statements;
-prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.


C.J.L. CONSTRUCTION LIMITED (REGISTERED NUMBER: 01776666)

REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

STATEMENT OF DIRECTORS' RESPONSIBILITIES - continued
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS
So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he or she ought to have taken as a director in order to make himself or herself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS
The auditors, Lawes & Co UK Limited (Statutory Auditors), will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:





Mr C J Lomas - Director


24 June 2025

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
C.J.L. CONSTRUCTION LIMITED

Opinion
We have audited the financial statements of C.J.L. Construction Limited (the 'company') for the year ended 30 September 2024 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:
-give a true and fair view of the state of the company's affairs as at 30 September 2024 and of its profit for the year then ended;
-have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information
The directors are responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
C.J.L. CONSTRUCTION LIMITED


Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
- the information given in the Strategic Report and the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception
In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
- the financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of directors' remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit.
- in the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have identified material misstatements in the Strategic Report and the Report of the Directors.

Responsibilities of directors
As explained more fully in the Statement of Directors' Responsibilities set out on pages six and seven, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
C.J.L. CONSTRUCTION LIMITED


Auditors' responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

We identify and assess the risks of material misstatement in the financial statements, whether due to fraud or error, and then design audit procedures responsive to those risks. This includes assessing the risk of non-compliance of laws and regulations, evaluating management incentives and opportunities for fraudulent manipulation of the financial statements and management bias in accounting estimates.

Audit procedures performed by the engagement team included, but were not limited to:
- Enquiries with management including consideration of any known or suspected instances of fraud and non-compliance
- Discussions with those responsible for Health & Safety matters for the company and obtaining an understanding or responses to those risks
- Reviewing transactions to identify those that appear outside the normal course of business
- Challenging assumptions and judgements made by management in their significant accounting estimates.

We also consider the laws and regulations that have a direct impact on the preparation of the financial statements such as the Companies Act 2006.

In conducting the work above, we continue to apply due care and professional scepticism throughout. However, there are limitations within the procedures outlined above and the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
C.J.L. CONSTRUCTION LIMITED


Use of our report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.




Paul Freeman ACA ACCA BA (Senior Statutory Auditor)
for and on behalf of Lawes & Co UK Limited (Statutory Auditors)
Boyce's Building
40-42 Regent Street
Clifton
Bristol
BS8 4HU

25 June 2025

C.J.L. CONSTRUCTION LIMITED (REGISTERED NUMBER: 01776666)

INCOME STATEMENT
FOR THE YEAR ENDED 30 SEPTEMBER 2024

30.9.24 30.9.23
Notes £    £   

TURNOVER 47,504,780 61,317,759

Cost of sales 43,400,866 51,796,334
GROSS PROFIT 4,103,914 9,521,425

Administrative expenses 3,591,827 3,401,703
OPERATING PROFIT 5 512,087 6,119,722

Interest receivable and similar
income

1,224,731

817,970
PROFIT BEFORE TAXATION 1,736,818 6,937,692

Tax on profit 6 437,836 1,526,501
PROFIT FOR THE FINANCIAL YEAR 1,298,982 5,411,191

C.J.L. CONSTRUCTION LIMITED (REGISTERED NUMBER: 01776666)

OTHER COMPREHENSIVE INCOME
FOR THE YEAR ENDED 30 SEPTEMBER 2024

30.9.24 30.9.23
Notes £    £   

PROFIT FOR THE YEAR 1,298,982 5,411,191


OTHER COMPREHENSIVE INCOME - -
TOTAL COMPREHENSIVE INCOME
FOR THE YEAR

1,298,982

5,411,191

C.J.L. CONSTRUCTION LIMITED (REGISTERED NUMBER: 01776666)

BALANCE SHEET
30 SEPTEMBER 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 8 10,561,255 9,137,817

CURRENT ASSETS
Stocks 9 362,516 142,516
Debtors 10 10,838,799 7,739,948
Cash at bank 26,749,384 32,407,472
37,950,699 40,289,936
CREDITORS
Amounts falling due within one year 11 5,665,538 6,414,262
NET CURRENT ASSETS 32,285,161 33,875,674
TOTAL ASSETS LESS CURRENT
LIABILITIES

42,846,416

43,013,491

PROVISIONS FOR LIABILITIES 13 2,159,669 1,625,726
NET ASSETS 40,686,747 41,387,765

CAPITAL AND RESERVES
Called up share capital 14 100 100
Retained earnings 15 40,686,647 41,387,665
SHAREHOLDERS' FUNDS 40,686,747 41,387,765

The financial statements were approved by the Board of Directors and authorised for issue on 24 June 2025 and were signed on its behalf by:





Mr C J Lomas - Director


C.J.L. CONSTRUCTION LIMITED (REGISTERED NUMBER: 01776666)

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 SEPTEMBER 2024

Called up
share Retained Total
capital earnings equity
£    £    £   
Balance at 1 October 2022 100 37,976,474 37,976,574

Changes in equity
Dividends - (2,000,000 ) (2,000,000 )
Total comprehensive income - 5,411,191 5,411,191
Balance at 30 September 2023 100 41,387,665 41,387,765

Changes in equity
Dividends - (2,000,000 ) (2,000,000 )
Total comprehensive income - 1,298,982 1,298,982
Balance at 30 September 2024 100 40,686,647 40,686,747

C.J.L. CONSTRUCTION LIMITED (REGISTERED NUMBER: 01776666)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. GENERAL INFORMATION

A description of the nature of the company's operations and principal activities is provided in the Strategic Report on page 2.

The company is a private company limited by shares. Details of the company's country of registration, registered number and registered office address can be found on the Company Information section on page 1.

2. STATUTORY INFORMATION

C.J.L. Construction 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.

3. 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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

All figures shown within the financial statements are in pounds sterling.

Financial Reporting Standard 102 - reduced disclosure exemptions
The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":

the requirements of Section 7 Statement of Cash Flows;
the requirement of paragraph 3.17(d).

Copies of the CJL Holdings (SW) Limited consolidated financial statements can be obtained by contacting Mr C J Lomas at Woodland Court, Sandford, Winscombe, Bristol BS25 5QP.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue is recognised through the monthly valuations undertaken in accordance with the agreed contract on all active sites. Each valuation reflects all work done to that date.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on cost
Office equipment - 15% on cost
Motor vehicles - 20% on cost

Tangible assets are stated at cost less accumulated depreciation and accumulated impairment losses.

C.J.L. CONSTRUCTION LIMITED (REGISTERED NUMBER: 01776666)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

3. ACCOUNTING POLICIES - continued

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

Stocks are recognised as an expense in the period in which the related revenue is recognised.

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.

Taxation
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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the profit and loss account in the period to which they relate.

Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities.

C.J.L. CONSTRUCTION LIMITED (REGISTERED NUMBER: 01776666)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

3. ACCOUNTING POLICIES - continued

Related parties
For the purposes of these financial statements, a party is considered to be related to the Company if:

(i) the party has the ability, directly or indirectly, through one or more intermediaries, to control the Company or exercise significant influence over the company in making financial and operating policy decisions, or has joint control over the Company;

(ii) the Company and the party are subject to common control;

(iii) the party is an associate of the Company or a joint venture in which the Company is a venturer;

(iv) the party is a member of key management personnel of the Company or the Company's parent, or a close family member of such an individual, or is an entity under the control, joint control or significant influence of such individuals;

(v) the party is a close family member of a party referred to in (i) or is an entity under the control, joint control or significant influence of such individuals;

(vi) the party is a post-employment benefit plan which is for the benefit of employees of the Company or of any entity that is a related party of the Company; or

(vii) the party, or any member of a group of which it is part, provides key management personnel services to the company or its parent.

Close family members of an individual are those family members who may be expected to influence, or be influenced by, that individual in their dealings with the entity.

Employee benefits
Short-term employee benefits are recognised as an expense in the period in which they are incurred.

The obligations for contributions to defined contribution scheme are recognised as an expense in the period they are incurred. The assets of the scheme are held separately from those of the Company in an independently administered fund.

C.J.L. CONSTRUCTION LIMITED (REGISTERED NUMBER: 01776666)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4. EMPLOYEES AND DIRECTORS

30.9.2430.9.23
£ £

Wages and salaries

12,048,601

12,065,98
5
Social security costs 849,1261,355,728
Pension costs205,726135,573

The average monthly number of employees during the year was as follows:
30.9.2430.9.23

Site staff198224
Administration staff3328
231252

30.9.24 30.9.23
£    £   
Directors' remuneration 18,120 18,120

The total value of benefits in kind received by the directors amounted to £64,024 (2023: £58,757).

5. OPERATING PROFIT

The operating profit is stated after charging/(crediting):

30.9.24 30.9.23
£    £   
Depreciation - owned assets 1,830,385 1,629,858
Profit on disposal of fixed assets (210,714 ) (187,181 )
Auditors' remuneration 21,000 20,000
Auditors' remuneration for non audit work 73,000 74,000

6. TAXATION

Analysis of the tax charge
The tax charge on the profit for the year was as follows:
30.9.24 30.9.23
£    £   
Current tax:
UK corporation tax (96,107 ) 1,234,845

Deferred tax 533,943 291,656
Tax on profit 437,836 1,526,501

C.J.L. CONSTRUCTION LIMITED (REGISTERED NUMBER: 01776666)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

7. DIVIDENDS
30.9.24 30.9.23
£    £   
Ordinary shares of £1 each
Interim 2,000,000 2,000,000

8. TANGIBLE FIXED ASSETS
Plant and Office Motor
machinery equipment vehicles Totals
£    £    £    £   
COST
At 1 October 2023 12,469,274 371,933 2,688,725 15,529,932
Additions 3,493,327 22,946 740,997 4,257,270
Disposals (2,080,775 ) - (346,384 ) (2,427,159 )
At 30 September 2024 13,881,826 394,879 3,083,338 17,360,043
DEPRECIATION
At 1 October 2023 4,835,824 217,537 1,338,754 6,392,115
Charge for year 1,450,845 36,391 343,149 1,830,385
Eliminated on disposal (1,223,764 ) - (199,948 ) (1,423,712 )
At 30 September 2024 5,062,905 253,928 1,481,955 6,798,788
NET BOOK VALUE
At 30 September 2024 8,818,921 140,951 1,601,383 10,561,255
At 30 September 2023 7,633,450 154,396 1,349,971 9,137,817

9. STOCKS
30.9.24 30.9.23
£    £   
Raw materials and consumables 362,516 142,516

10. DEBTORS
30.9.24 30.9.23
£    £   
Amounts falling due within one year:
Trade debtors 7,062,444 4,331,171
Other debtors 1,220,971 1,245,092
8,283,415 5,576,263

C.J.L. CONSTRUCTION LIMITED (REGISTERED NUMBER: 01776666)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

10. DEBTORS - continued
30.9.24 30.9.23
£    £   
Amounts falling due after more than one year:
Trade debtors 2,555,384 2,163,685

Aggregate amounts 10,838,799 7,739,948

11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 3,355,357 3,278,916
Tax - 366,094
Social security and other taxes 380,829 319,702
Other creditors 1,167,160 1,925,943
Accrued expenses 762,192 523,607
5,665,538 6,414,262

12. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
30.9.24 30.9.23
£    £   
Within one year 206,717 206,717
Between one and five years 310,640 497,024
517,357 703,741

Total operating lease charges of £186,384 (2023: £186,384) have been expensed to the profit and loss account for the year.

13. PROVISIONS FOR LIABILITIES
30.9.24 30.9.23
£    £   
Deferred tax
Accelerated capital allowances 2,159,669 1,625,726

Deferred
tax
£   
Balance at 1 October 2023 1,625,726
Depreciation in excess of 533,943
capital allowances
Balance at 30 September 2024 2,159,669

C.J.L. CONSTRUCTION LIMITED (REGISTERED NUMBER: 01776666)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

14. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
100 Ordinary £1 100 100

There is a single class of ordinary shares. All shares have full voting rights, are entitled to dividends and a distribution on wind up.

15. RESERVES
Retained
earnings
£   

At 1 October 2023 41,387,665
Profit for the year 1,298,982
Dividends (2,000,000 )
At 30 September 2024 40,686,647

16. ULTIMATE PARENT COMPANY

CJL Holdings (SW) Limited is regarded by the directors as being the company's ultimate parent company.

17. RELATED PARTY DISCLOSURES

The directors, Mr C J Lomas and Mrs H M L Lomas, maintain an interest free loan account with the company which is repayable on demand. At the balance sheet date, the company owed £1,081,385 (2023 £1,880,796) to the directors.

During the year the company paid rent totalling £186,384 (2023: £186,384) to the directors for use of properties owned jointly by them.

During the year the company made a charitable donation of £100,000 (2023: £100,000) to The Christopher Lomas Charitable Trust, a charity for which the directors act as trustees.

During the year the company paid dividends totalling £2,000,000 (2023- £2,000,000) to CJL Holdings (SW) Limited, the company's parent.

18. ULTIMATE CONTROLLING PARTY

Mr C J Lomas, who owns 100% of the share capital of the parent company CJL Holdings (SW) Limited, has ultimate control of the company.

C.J.L. CONSTRUCTION LIMITED (REGISTERED NUMBER: 01776666)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

19. RETIREMENT BENEFITS

Employer pension costs for the year amounted to £205,726 (2023 - £135,573) and these have been expensed to the profit and loss account.

Included within creditors is a balance of £29,967 (2023 - £75,679) relating to pension contributions payable.