J & S Piling & Foundations Limited. 31/12/2024 iXBRL

Company registration number: 06359927

J & S Piling & Foundations Limited.

Unaudited filleted financial statements

31 December 2024

J & S Piling & Foundations Limited.

Contents

Directors and other information

Statement of financial position

Notes to the financial statements

J & S Piling & Foundations Limited.

Directors and other information


	Directors	J Dallow
		S Manning


	Secretary	J Dallow


	Company number	06359927


	Registered office	437 Shirley Road
		Acocks Green
		Birmingham
		B27 7NX


	Accountants	Thursfield & Co
		437 Shirley Road
		Holbeche House
		Birmingham
		B27 7NX

J & S Piling & Foundations Limited.

Statement of financial position

31 December 2024

		2024		2023
	Note	£	£	£	£

Current assets
Debtors	5	23,259		31,988
Cash at bank and in hand		257,567		237,489
		_______		_______
		280,826		269,477
Creditors: amounts falling due
within one year	6	( 175,038)		( 159,673)
		_______		_______
Net current assets			105,788		109,804
			_______		_______
Total assets less current liabilities			105,788		109,804

Creditors: amounts falling due
after more than one year	7		( 7,702)		( 15,950)
			_______		_______
Net assets			98,086		93,854
			_______		_______

Capital and reserves
Called up share capital			41		41
Profit and loss account			98,045		93,813
			_______		_______
Shareholders funds			98,086		93,854
			_______		_______

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 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.

These financial statements were approved by the board of directors and authorised for issue on 28 September 2025 , and are signed on behalf of the board by:

J Dallow S Manning

Director Director

Company registration number: 06359927

J & S Piling & Foundations 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. The address of the registered office is 437 Shirley Road, Acocks Green, Birmingham, B27 7NX.

2. Statement of compliance

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 6 (2023: 6 ).

5. Debtors

	2024	2023
	£	£
Trade debtors	13,505	1,636
Other debtors	9,754	30,352
	_______	_______
	23,259	31,988
	_______	_______

6. Creditors: amounts falling due within one year

	2024	2023
	£	£
Bank loans and overdrafts	9,611	11,180
Trade creditors	81,473	61,127
Amounts owed to group undertakings and undertakings in which the company has a participating interest	7,794	7,794
Corporation tax	48,633	49,364
Social security and other taxes	1,186	1,323
Other creditors	26,341	28,885
	_______	_______
	175,038	159,673
	_______	_______

7. Creditors: amounts falling due after more than one year

	2024	2023
	£	£
Other creditors	7,702	15,950
	_______	_______

8. Related party transactions

During the year the company entered into the following transactions with related parties:

	Transaction value
	2024	2023
	£	£
Dalman Holdings Limited	144,000	145,000
	_______	_______

During the year the company hired equipment from its parent company Dalman Holdings Limited for £144000 ( 2023 £145000 )