JONES BUILDERS (MONTON) LIMITED Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 01929261

JONES BUILDERS (MONTON) LIMITED

Filleted Unaudited Financial Statements

31 December 2024

JONES BUILDERS (MONTON) LIMITED

Financial Statements

Year ended 31 December 2024

Contents	Page

Statement of financial position	1

Notes to the financial statements	2

JONES BUILDERS (MONTON) LIMITED

Statement of Financial Position

31 December 2024

	2024		2023
Note	£	£	£

Fixed assets

Tangible assets	4		153	181

Current assets

Stocks	4,172		4,238

Creditors: amounts falling due within one year	5	2,189		1,325
		-------		-------
Net current assets			1,983	2,913
			-------	-------
Total assets less current liabilities			2,136	3,094
			-------	-------
Net assets			2,136	3,094
			-------	-------

Capital and reserves

Called up share capital	2,000	2,000
Profit and loss account	136	1,094
	-------	-------
Shareholders funds	2,136	3,094
	-------	-------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 8 September 2025 , and are signed on behalf of the board by:

Mrs J. Jones

Director

Company registration number: 01929261

JONES BUILDERS (MONTON) LIMITED

Notes to the Financial Statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 16 Nansen Avenue, Monton, Eccles, Manchester, M30 8AE.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Equipment	-	15% reducing balance

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

4. Tangible assets

	Equipment	Total
	£	£
Cost
At 1 January 2024 and 31 December 2024	14,205	14,205
	--------	--------
Depreciation
At 1 January 2024	14,024	14,024
Charge for the year	28	28
	--------	--------
At 31 December 2024	14,052	14,052
	--------	--------
Carrying amount
At 31 December 2024	153	153
	--------	--------
At 31 December 2023	181	181
	--------	--------

5. Creditors: amounts falling due within one year

	2024	2023
	£	£
Bank loans and overdrafts	1,457	763
Other creditors	732	562
	-------	-------
	2,189	1,325
	-------	-------

6. Related party transactions

At 31st December 2024 the company owed £145 (2023: £34) to the directors. No interest has been charged to the company in respect of this loan which is repayable on demand and classified in creditors due within one year.