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REGISTERED NUMBER: 06571281 (England and Wales)















Financial Statements for the Year Ended 31 December 2024

for

JC Quality Construction Ltd

JC Quality Construction Ltd (Registered number: 06571281)

Contents of the Financial Statements
for the Year Ended 31 December 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JC Quality Construction Ltd

Company Information
for the Year Ended 31 December 2024







DIRECTORS: J A Connelly
G K Connelly





SECRETARY: G K Connelly





REGISTERED OFFICE: Suites 5 & 6 The Printworks
Hey Road
Barrow
Clitheroe
Lancashire
BB7 9WB





REGISTERED NUMBER: 06571281 (England and Wales)





ACCOUNTANTS: Bennett Kirkhope Smith
Chartered Certified Accountants
Suites 5 & 6 The Printworks
Hey Road
Barrow
Clitheroe
Lancashire
BB7 9WB

JC Quality Construction Ltd (Registered number: 06571281)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 23,504 30,195

CURRENT ASSETS
Stocks 5 76,688 134,021
Debtors 6 11,726 27,739
Cash at bank 124,036 121,121
212,450 282,881
CREDITORS
Amounts falling due within one year 7 157,190 178,878
NET CURRENT ASSETS 55,260 104,003
TOTAL ASSETS LESS CURRENT
LIABILITIES

78,764

134,198

PROVISIONS FOR LIABILITIES 8 5,407 8,232
NET ASSETS 73,357 125,966

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 73,257 125,866
SHAREHOLDERS' FUNDS 73,357 125,966

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

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

JC Quality Construction Ltd (Registered number: 06571281)

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 20 August 2025 and were signed on its behalf by:





J A Connelly - Director


JC Quality Construction Ltd (Registered number: 06571281)

Notes to the Financial Statements
for the Year Ended 31 December 2024


1. STATUTORY INFORMATION

JC Quality Construction 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Work in progress is valued at selling price.

Taxation
Taxation for the year 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.

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 3 (2023 - 3 ) .

JC Quality Construction Ltd (Registered number: 06571281)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2024 34,129 20,829 4,673 59,631
Additions 360 - 1,065 1,425
Disposals - - (2,471 ) (2,471 )
At 31 December 2024 34,489 20,829 3,267 58,585
DEPRECIATION
At 1 January 2024 19,846 6,184 3,406 29,436
Charge for year 3,586 3,661 869 8,116
Eliminated on disposal - - (2,471 ) (2,471 )
At 31 December 2024 23,432 9,845 1,804 35,081
NET BOOK VALUE
At 31 December 2024 11,057 10,984 1,463 23,504
At 31 December 2023 14,283 14,645 1,267 30,195

5. STOCKS
31.12.24 31.12.23
£    £   
Work-in-progress 76,688 134,021

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
VAT 11,135 27,057
Prepayments 591 682
11,726 27,739

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 67,012 104,352
Corporation tax 3,843 16,913
Social security and other taxes 2,470 887
Directors' current accounts 58,907 23,568
Accrued expenses 24,958 33,158
157,190 178,878

8. PROVISIONS FOR LIABILITIES
31.12.24 31.12.23
£    £   
Deferred tax 5,407 8,232

JC Quality Construction Ltd (Registered number: 06571281)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 January 2024 8,232
Credit to Statement of Income and Retained Earnings during year (2,825 )
Balance at 31 December 2024 5,407

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
100 Ordinary £1 100 100

10. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party but J & G Connelly acting in concert control the company by virtue of their 100% shareholding in the company.