Registered number
13019980
JW Construction Projects Limited
Filleted Accounts
30 November 2024
JW Construction Projects Limited
Registered number: 13019980
Balance Sheet
as at 30 November 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 32,505 39,160
Current assets
Debtors 4 74,448 2,983
Cash at bank and in hand 174,976 243,400
249,424 246,383
Creditors: amounts falling due within one year 5 (65,572) (88,013)
Net current assets 183,852 158,370
Total assets less current liabilities 216,357 197,530
Creditors: amounts falling due after more than one year 6 (18,030) (23,798)
Provisions for liabilities (7,704) (9,281)
Net assets 190,623 164,451
Capital and reserves
Called up share capital 100 100
Profit and loss account 190,523 164,351
Shareholders' funds 190,623 164,451
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.
Jacek Wiak
Director
Approved by the board on 2 May 2025
JW Construction Projects Limited
Notes to the Accounts
for the year ended 30 November 2024
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 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.
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:
IT equipment over 3 years
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are recognised at transaction price including any transaction costs.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are recognised at transaction price net of any transaction costs.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. 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. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Leased assets
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 3 2
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 December 2023 15,462 40,326 55,788
Additions 7,147 - 7,147
At 30 November 2024 22,609 40,326 62,935
Depreciation
At 1 December 2023 5,202 11,426 16,628
Charge for the year 5,737 8,065 13,802
At 30 November 2024 10,939 19,491 30,430
Net book value
At 30 November 2024 11,670 20,835 32,505
At 30 November 2023 10,260 28,900 39,160
4 Debtors 2024 2023
£ £
Trade debtors 47,882 -
Prepayments and deposits, loans to Ltd 26,566 2,983
74,448 2,983
5 Creditors: amounts falling due within one year 2024 2023
£ £
Obligations under finance lease and hire purchase contracts 6,411 6,411
Trade creditors 6,040 8,211
Taxation and social security costs 52,094 73,390
Other creditors - loan from director 1,027 1
65,572 88,013
6 Creditors: amounts falling due after one year 2024 2023
£ £
Obligations under finance lease and hire purchase contracts 18,030 23,798
7 Other information
JW Construction Projects Limited is a private company limited by shares and incorporated in England. Its registered office is:
21a Kettering Street
London
SW16 6QA
JW Construction Projects Limited 13019980 false 2023-12-01 2024-11-30 2024-11-30 VT Final Accounts April 2025 Jacek Wiak No description of principal activity 13019980 2022-12-01 2023-11-30 13019980 core:WithinOneYear 2023-11-30 13019980 core:AfterOneYear 2023-11-30 13019980 core:ShareCapital 2023-11-30 13019980 core:RetainedEarningsAccumulatedLosses 2023-11-30 13019980 2023-12-01 2024-11-30 13019980 bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 13019980 bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 13019980 bus:Director40 2023-12-01 2024-11-30 13019980 1 2023-12-01 2024-11-30 13019980 2 2023-12-01 2024-11-30 13019980 core:PlantMachinery 2023-12-01 2024-11-30 13019980 core:Vehicles 2023-12-01 2024-11-30 13019980 countries:England 2023-12-01 2024-11-30 13019980 bus:FRS102 2023-12-01 2024-11-30 13019980 bus:FilletedAccounts 2023-12-01 2024-11-30 13019980 2024-11-30 13019980 core:WithinOneYear 2024-11-30 13019980 core:AfterOneYear 2024-11-30 13019980 core:ShareCapital 2024-11-30 13019980 core:RetainedEarningsAccumulatedLosses 2024-11-30 13019980 core:PlantMachinery 2024-11-30 13019980 core:Vehicles 2024-11-30 13019980 2023-11-30 13019980 core:PlantMachinery 2023-11-30 13019980 core:Vehicles 2023-11-30 iso4217:GBP xbrli:pure