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REGISTERED NUMBER: 05364870 (England and Wales)












J L Engineering (Hereford) Limited

Unaudited Financial Statements

for the Period

1 April 2024 to 31 December 2024






J L Engineering (Hereford) Limited (Registered number: 05364870)

Contents of the Financial Statements
for the Period 1 April 2024 to 31 December 2024










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


J L Engineering (Hereford) Limited

Company Information
for the Period 1 April 2024 to 31 December 2024







DIRECTORS: JW Lindesay
SJ Lindesay





SECRETARY: SJ Lindesay





REGISTERED OFFICE: Bank Farm
Kingsland
Leominster
Herefordshire
HR6 9PY





REGISTERED NUMBER: 05364870 (England and Wales)





ACCOUNTANTS: The Hutchinson Partnership Limited
trading as The Hutchinson Partnership
Chartered Accountants
The Bull Pen
Grove Farm
Portway, Burghill
Hereford
HR4 8NF

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
J L Engineering (Hereford) Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Statement of Income and Retained Earnings and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of J L Engineering (Hereford) Limited for the period ended 31 December 2024 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of J L Engineering (Hereford) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of J L Engineering (Hereford) Limited and state those matters that we have agreed to state to the Board of Directors of J L Engineering (Hereford) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than J L Engineering (Hereford) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that J L Engineering (Hereford) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of J L Engineering (Hereford) Limited. You consider that J L Engineering (Hereford) Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of J L Engineering (Hereford) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






The Hutchinson Partnership Limited
trading as The Hutchinson Partnership
Chartered Accountants
The Bull Pen
Grove Farm
Portway, Burghill
Hereford
HR4 8NF


1 July 2025

J L Engineering (Hereford) Limited (Registered number: 05364870)

Balance Sheet
31 December 2024

2024 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 86,669 79,471

CURRENT ASSETS
Stocks 120,101 85,733
Debtors 5 181,809 206,420
Cash at bank 232,751 122,640
534,661 414,793
CREDITORS
Amounts falling due within one year 6 232,067 158,099
NET CURRENT ASSETS 302,594 256,694
TOTAL ASSETS LESS CURRENT
LIABILITIES

389,263

336,165

CREDITORS
Amounts falling due after more than one
year

7

(6,667

)

(14,167

)

PROVISIONS FOR LIABILITIES 8 (13,669 ) (11,536 )
NET ASSETS 368,927 310,462

CAPITAL AND RESERVES
Allotted, issued and fully paid share capital 100 100
Retained earnings 368,827 310,362
SHAREHOLDERS' FUNDS 368,927 310,462

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

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

J L Engineering (Hereford) Limited (Registered number: 05364870)

Balance Sheet - continued
31 December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 June 2025 and were signed on its behalf by:





JW Lindesay - Director


J L Engineering (Hereford) Limited (Registered number: 05364870)

Notes to the Financial Statements
for the Period 1 April 2024 to 31 December 2024


1. STATUTORY INFORMATION

J L Engineering (Hereford) 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.

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.

The directors have considered the financial requirements of the company and consider that it will be able to operate within its agreed finance facilities for the next 12 months. The directors therefore consider it appropriate to prepare accounts on the going concern basis.

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax.
When deposits for work to be undertaken are invoiced, they are recognised as turnover when the work is substantially completed. Income from services is recognised when the work is completed.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - 20% on cost
Plant and machinery - 15% on reducing balance
Solar panels - 4% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


J L Engineering (Hereford) Limited (Registered number: 05364870)

Notes to the Financial Statements - continued
for the Period 1 April 2024 to 31 December 2024


2. ACCOUNTING POLICIES - continued
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 period 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 profit or loss in the period to which they relate.

Change of accounting period
The company's accounting period has changed to 31 December from 31 March as from the period ending 31 December 2024. The change in period end is felt to better match the seasonal trading pattern. For this reason some of the comparatives in the accounts will relate to a longer period.

3. EMPLOYEES

The average number of employees during the period was 3 (2024 - 3 ) .

4. TANGIBLE FIXED ASSETS
Long Plant and Solar
leasehold machinery panels
£    £    £   
COST
At 1 April 2024 23,956 71,545 13,894
Additions - - -
At 31 December 2024 23,956 71,545 13,894
DEPRECIATION
At 1 April 2024 23,956 43,114 1,112
Charge for period - 3,213 419
At 31 December 2024 23,956 46,327 1,531
NET BOOK VALUE
At 31 December 2024 - 25,218 12,363
At 31 March 2024 - 28,431 12,782

J L Engineering (Hereford) Limited (Registered number: 05364870)

Notes to the Financial Statements - continued
for the Period 1 April 2024 to 31 December 2024


4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2024 104,447 5,622 219,464
Additions 22,221 - 22,221
At 31 December 2024 126,668 5,622 241,685
DEPRECIATION
At 1 April 2024 67,746 4,065 139,993
Charge for period 11,098 293 15,023
At 31 December 2024 78,844 4,358 155,016
NET BOOK VALUE
At 31 December 2024 47,824 1,264 86,669
At 31 March 2024 36,701 1,557 79,471

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2024
£    £   
Trade debtors 131,153 182,037
Directors' current accounts - 1,845
Prepayments and accrued income 50,656 22,538
181,809 206,420

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2024
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 10,859 52,966
Corporation tax 48,372 14,972
VAT 47,382 45,815
Other creditors 1,871 928
Directors' current accounts 8,883 339
Accruals and deferred income 104,700 33,079
232,067 158,099

From time to time the directors lend money to the company (and vice versa) and it is repaid as required. The period end balance is shown in the notes above. Interest of £356 was charged on these balances during the period (year ending 31 March 2024: Nil) by one director at a rate of 5% above base rate.

J L Engineering (Hereford) Limited (Registered number: 05364870)

Notes to the Financial Statements - continued
for the Period 1 April 2024 to 31 December 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2024
£    £   
Bounce Back Loan: 1-2 years 6,667 10,000
Bounce Back Loan: 2-5 years - 4,167
6,667 14,167

8. PROVISIONS FOR LIABILITIES
2024 2024
£    £   
Deferred tax - accelerated
capital allowances 13,669 11,536
13,669 11,536

Deferred
tax
£   
Balance at 1 April 2024 11,536
Accelerated capital allowances 2,133
Balance at 31 December 2024 13,669

9. OTHER FINANCIAL COMMITMENTS

The company has entered into a 3 year shed rental agreement which expires in January 2027. The remaining instalments at the period end total £17,708 (year ending 31 March 2024: £24,083).

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 December 2024 and the year ended 31 March 2024:

2024 2024
£    £   
JW Lindesay
Balance outstanding at start of period 1,845 (53,596 )
Amounts advanced - 55,441
Amounts repaid (10,414 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period (8,569 ) 1,845

11. RELATED PARTY DISCLOSURES

The company rents buildings used by the business from a director for £9,000 during the period (year ending 31 March 2024: £12,000). No money is owing at the year end.