IRIS Accounts Production v25.1.4.42 03998296 Board of Directors 1.6.24 31.5.25 31.5.25 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh039982962024-05-31039982962025-05-31039982962024-06-012025-05-31039982962023-05-31039982962023-06-012024-05-31039982962024-05-3103998296ns15:EnglandWales2024-06-012025-05-3103998296ns14:PoundSterling2024-06-012025-05-3103998296ns10:Director12024-06-012025-05-3103998296ns10:PrivateLimitedCompanyLtd2024-06-012025-05-3103998296ns10:SmallEntities2024-06-012025-05-3103998296ns10:AuditExempt-NoAccountantsReport2024-06-012025-05-3103998296ns10:SmallCompaniesRegimeForDirectorsReport2024-06-012025-05-3103998296ns10:SmallCompaniesRegimeForAccounts2024-06-012025-05-3103998296ns10:FullAccounts2024-06-012025-05-310399829612024-06-012025-05-3103998296ns10:Director22024-06-012025-05-3103998296ns10:Director32024-06-012025-05-3103998296ns10:CompanySecretary12024-06-012025-05-3103998296ns10:RegisteredOffice2024-06-012025-05-3103998296ns5:CurrentFinancialInstruments2025-05-3103998296ns5:CurrentFinancialInstruments2024-05-3103998296ns5:Non-currentFinancialInstruments2025-05-3103998296ns5:Non-currentFinancialInstruments2024-05-3103998296ns5:ShareCapital2025-05-3103998296ns5:ShareCapital2024-05-3103998296ns5:RetainedEarningsAccumulatedLosses2025-05-3103998296ns5:RetainedEarningsAccumulatedLosses2024-05-3103998296ns5:NetGoodwill2024-06-012025-05-3103998296ns5:IntangibleAssetsOtherThanGoodwill2024-06-012025-05-3103998296ns5:NetGoodwill2024-05-3103998296ns5:NetGoodwill2025-05-3103998296ns5:NetGoodwill2024-05-3103998296ns5:FurnitureFittings2024-05-3103998296ns5:MotorVehicles2024-05-3103998296ns5:ComputerEquipment2024-05-3103998296ns5:FurnitureFittings2024-06-012025-05-3103998296ns5:MotorVehicles2024-06-012025-05-3103998296ns5:ComputerEquipment2024-06-012025-05-3103998296ns5:FurnitureFittings2025-05-3103998296ns5:MotorVehicles2025-05-3103998296ns5:ComputerEquipment2025-05-3103998296ns5:FurnitureFittings2024-05-3103998296ns5:MotorVehicles2024-05-3103998296ns5:ComputerEquipment2024-05-3103998296ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2025-05-3103998296ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-05-31
REGISTERED NUMBER: 03998296 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2025

for

J & G Contractors Ltd

J & G Contractors Ltd (Registered number: 03998296)






Contents of the Financial Statements
for the Year Ended 31 May 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


J & G Contractors Ltd

Company Information
for the Year Ended 31 May 2025







DIRECTORS: Mrs P Williams
G Williams
G Williams





SECRETARY:





REGISTERED OFFICE: 52a Regent Studios (5th Floor)
8 Andrews Road
London
E8 4QN





REGISTERED NUMBER: 03998296 (England and Wales)





ACCOUNTANTS: Stanton & Co Accountants Ltd
Unit 3E/F Suffolk House Business Park
Pilgrims Hatch
Brentwood
Essex
CM15 9SG

J & G Contractors Ltd (Registered number: 03998296)

Balance Sheet
31 May 2025

31.5.25 31.5.24
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 72,419 23,390
72,419 23,390

CURRENT ASSETS
Stocks 66,024 75,889
Debtors 6 171,913 341,879
Cash at bank and in hand 1,006,379 519,837
1,244,316 937,605
CREDITORS
Amounts falling due within one year 7 617,305 464,548
NET CURRENT ASSETS 627,011 473,057
TOTAL ASSETS LESS CURRENT
LIABILITIES

699,430

496,447

CREDITORS
Amounts falling due after more than
one year

8

(13,270

)

(22,497

)

PROVISIONS FOR LIABILITIES (244 ) (244 )
NET ASSETS 685,916 473,706

J & G Contractors Ltd (Registered number: 03998296)

Balance Sheet - continued
31 May 2025

31.5.25 31.5.24
Notes £    £    £   
CAPITAL AND RESERVES
Called up share capital 105 105
Retained earnings 685,811 473,601
SHAREHOLDERS' FUNDS 685,916 473,706

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 July 2025 and were signed on its behalf by:





G Williams - Director


J & G Contractors Ltd (Registered number: 03998296)

Notes to the Financial Statements
for the Year Ended 31 May 2025

1. STATUTORY INFORMATION

J & G Contractors Ltd 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.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

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 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.


J & G Contractors Ltd (Registered number: 03998296)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2025

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 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 profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 June 2024
and 31 May 2025 820,000
AMORTISATION
At 1 June 2024
and 31 May 2025 820,000
NET BOOK VALUE
At 31 May 2025 -
At 31 May 2024 -

J & G Contractors Ltd (Registered number: 03998296)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2025

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 June 2024 19,053 - 30,166 49,219
Additions - 66,590 3,054 69,644
At 31 May 2025 19,053 66,590 33,220 118,863
DEPRECIATION
At 1 June 2024 14,473 - 11,356 25,829
Charge for year 687 16,648 3,280 20,615
At 31 May 2025 15,160 16,648 14,636 46,444
NET BOOK VALUE
At 31 May 2025 3,893 49,942 18,584 72,419
At 31 May 2024 4,580 - 18,810 23,390

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.25 31.5.24
£    £   
Trade debtors 171,913 341,879

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.25 31.5.24
£    £   
Trade creditors 123,254 141,910
Tax 225,046 176,666
Social security and other taxes 7,546 6,709
VAT 154,846 130,898
Other creditors 6,571 6,615
Accruals and deferred income 100,042 1,750
617,305 464,548

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.5.25 31.5.24
£    £   
Other loans - 2-5 years 13,270 22,497