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Company Registration No. 12985086 (England and Wales)
J & K Contracting Limited Unaudited accounts for the year ended 31 October 2024
J & K Contracting Limited Unaudited accounts Contents
Page
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J & K Contracting Limited Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
73,193 
66,960 
Current assets
Debtors
36,694 
21,919 
Cash at bank and in hand
9,470 
9,014 
46,164 
30,933 
Creditors: amounts falling due within one year
(65,245)
(43,383)
Net current liabilities
(19,081)
(12,450)
Total assets less current liabilities
54,112 
54,510 
Creditors: amounts falling due after more than one year
(51,375)
(52,479)
Net assets
2,737 
2,031 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
2,736 
2,030 
Shareholders' funds
2,737 
2,031 
For the year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 July 2025 and were signed on its behalf by
K. Short Director Company Registration No. 12985086
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J & K Contracting Limited Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
J & K Contracting Limited is a private company, limited by shares, registered in England and Wales, registration number 12985086. The registered office is 1 Ruby House, The Nant, Rhydymwyn, Mold, CH7 5QB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing balance basis
Motor vehicles
25% Reducing balance basis
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2023
77,142 
39,879 
117,021 
Additions
20,541 
39,999 
60,540 
Disposals
- 
(39,879)
(39,879)
At 31 October 2024
97,683 
39,999 
137,682 
Depreciation
At 1 November 2023
40,091 
9,970 
50,061 
Charge for the year
14,398 
10,000 
24,398 
On disposals
- 
(9,970)
(9,970)
At 31 October 2024
54,489 
10,000 
64,489 
Net book value
At 31 October 2024
43,194 
29,999 
73,193 
At 31 October 2023
37,051 
29,909 
66,960 
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J & K Contracting Limited Notes to the Accounts for the year ended 31 October 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
897 
1,639 
Trade debtors
13,120 
3,989 
Accrued income and prepayments
280 
- 
Other debtors
22,397 
16,291 
36,694 
21,919 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
1,170 
243 
Taxes and social security
1,751 
- 
Loans from directors
61,324 
42,140 
Accruals
1,000 
1,000 
65,245 
43,383 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
51,375 
52,479 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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