Registered number
07136322
JXW Development Consultants Limited
Unaudited Filleted Accounts
31 January 2025
JXW Development Consultants Limited
Registered number: 07136322
Balance Sheet
as at 31 January 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 153,945 198,460
Current assets
Stocks 15,667 15,667
Debtors 4 222,424 207,424
Investments held as current assets 5 72,918 72,918
Cash at bank and in hand 11,261 12,334
322,270 308,343
Creditors: amounts falling due within one year 6 (104,223) (81,230)
Net current assets 218,047 227,113
Total assets less current liabilities 371,992 425,573
Creditors: amounts falling due after more than one year 7 (62,494) (78,451)
Provisions for liabilities (14,454) (19,743)
Net assets 295,044 327,379
Capital and reserves
Called up share capital 100 100
Profit and loss account 294,944 327,279
Shareholders' funds 295,044 327,379
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.
Mrs J Perkins
Director
Approved by the board on 1 July 2025
JXW Development Consultants Limited
Notes to the Accounts
for the year ended 31 January 2025
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:
Alterations to leasehold property 10% on cost
Fixtures, fittings and equipment 20% on cost
Motor vehicles 25% on reducing balance
Investments
Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
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. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 3 3
3 Tangible fixed assets
Land and buildings Plant and machinery etc Motor vehicles Total
£ £ £ £
Cost
At 1 February 2024 133,145 144,319 91,819 369,283
Additions 4,612 1,329 - 5,941
Disposals - (5,587) - (5,587)
At 31 January 2025 137,757 140,061 91,819 369,637
Depreciation
At 1 February 2024 70,452 77,416 22,955 170,823
Charge for the year 10,302 20,250 17,216 47,768
On disposals - (2,899) - (2,899)
At 31 January 2025 80,754 94,767 40,171 215,692
Net book value
At 31 January 2025 57,003 45,294 51,648 153,945
At 31 January 2024 62,693 66,903 68,864 198,460
4 Debtors 2025 2024
£ £
Trade debtors 15,000 -
Other debtors 207,424 207,424
222,424 207,424
5 Investments held as current assets 2025 2024
£ £
Fair value
Unlisted investments 72,918 72,918
The investments were revalued as at 31 January 2017. The directors consider this to be the fair valuation as at the year end.
6 Creditors: amounts falling due within one year 2025 2024
£ £
Bank loans and overdrafts 4,271 5,138
Obligations under finance lease and hire purchase contracts 11,286 6,210
Trade creditors 703 504
Taxation and social security costs 71,867 37,099
Other creditors 16,096 32,279
104,223 81,230
7 Creditors: amounts falling due after one year 2025 2024
£ £
Bank loans 1,247 5,918
Obligations under finance lease and hire purchase contracts 61,247 72,533
62,494 78,451
The hire purchase contracts are secured on the assets to which they relate.
8 Other information
JXW Development Consultants Limited is a private company limited by shares and incorporated in England. Its registered office is:
Portland House
21 Narborough Road
Cosby
Leicester
LE9 1TA
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