Registered number
11572435
JLM Driveways and Civils Ltd
Filleted Accounts
30 September 2024
JLM Driveways and Civils Ltd
Registered number: 11572435
Balance Sheet
as at 30 September 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 12,204 7,656
Current assets
Debtors 4 13,521 12,996
Cash at bank and in hand 136 848
13,657 13,844
Creditors: amounts falling due within one year 5 (12,049) (5,618)
Net current assets 1,608 8,226
Total assets less current liabilities 13,812 15,882
Creditors: amounts falling due after more than one year 6 (13,459) (15,696)
Net assets 353 186
Capital and reserves
Called up share capital 100 100
Profit and loss account 253 86
Shareholders' funds 353 186
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Jason McGowen
Director
Approved by the board on 25 June 2025
JLM Driveways and Civils Ltd
Notes to the Accounts
for the year ended 30 September 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 October 2023 1,015 14,732 15,747
Additions - 8,500 8,500
At 30 September 2024 1,015 23,232 24,247
Depreciation
At 1 October 2023 152 7,939 8,091
Charge for the year 129 3,823 3,952
At 30 September 2024 281 11,762 12,043
Net book value
At 30 September 2024 734 11,470 12,204
At 30 September 2023 863 6,793 7,656
4 Debtors 2024 2023
£ £
Trade debtors (1,000) -
Other debtors 14,521 12,996
13,521 12,996
5 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation and social security costs 5,956 4,496
Directors Loan Account 3,195 397
Other creditors 2,898 725
12,049 5,618
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 13,459 15,696
7 Other information
JLM Driveways and Civils Ltd is a private company limited by shares and incorporated in England. Its registered office is:
8 Chalons Close
Ilkeston
Derbyshire
DE7 5PX
JLM Driveways and Civils Ltd 11572435 false 2023-10-01 2024-09-30 2024-09-30 VT Final Accounts July 2024 Jason McGowen No description of principal activity 11572435 2022-10-01 2023-09-30 11572435 core:WithinOneYear 2023-09-30 11572435 core:AfterOneYear 2023-09-30 11572435 core:ShareCapital 2023-09-30 11572435 core:RetainedEarningsAccumulatedLosses 2023-09-30 11572435 2023-10-01 2024-09-30 11572435 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 11572435 bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 11572435 bus:Director40 2023-10-01 2024-09-30 11572435 1 2023-10-01 2024-09-30 11572435 2 2023-10-01 2024-09-30 11572435 core:PlantMachinery 2023-10-01 2024-09-30 11572435 core:Vehicles 2023-10-01 2024-09-30 11572435 countries:England 2023-10-01 2024-09-30 11572435 bus:FRS102 2023-10-01 2024-09-30 11572435 bus:FilletedAccounts 2023-10-01 2024-09-30 11572435 2024-09-30 11572435 core:WithinOneYear 2024-09-30 11572435 core:AfterOneYear 2024-09-30 11572435 core:ShareCapital 2024-09-30 11572435 core:RetainedEarningsAccumulatedLosses 2024-09-30 11572435 core:PlantMachinery 2024-09-30 11572435 core:Vehicles 2024-09-30 11572435 2023-09-30 11572435 core:PlantMachinery 2023-09-30 11572435 core:Vehicles 2023-09-30 iso4217:GBP xbrli:pure