REGISTERED NUMBER: SC752305 (Scotland)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

JARG Construction Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D D Duxbury

N Aitken-Duxbury

REGISTERED OFFICE:

Knowepark

Meikle Wartle

Inverurie

Aberdeenshire

AB51 5BA

REGISTERED NUMBER:

SC752305 (Scotland)

ACCOUNTANTS:

Add Accountancy Limited

6 Market Square

Oldmeldrum

Aberdeenshire

AB51 0AA

FIXED ASSETS

Tangible assets

4

213,385

87,333

CURRENT ASSETS

Stocks

13,870

15,826

Debtors

5

10,758

7,071

Cash at bank

8,332

38,280

32,960

61,177

CREDITORS

Amounts falling due within one year

6

201,061

130,467

NET CURRENT LIABILITIES

(168,101

)

(69,290

)

TOTAL ASSETS LESS CURRENT LIABILITIES

45,284

18,043

PROVISIONS FOR LIABILITIES

-

17,807

NET ASSETS

45,284

236

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

45,282

234

45,284

236

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.

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 29 September 2025 and were signed on its behalf by:

N Aitken-Duxbury - Director

1.	STATUTORY INFORMATION

JARG Construction Ltd is a private company, limited by shares , registered in Scotland. 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 etc

-

20% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

109,166

Additions

179,398

At 31 December 2024

288,564

DEPRECIATION

At 1 January 2024

21,833

Charge for year

53,346

At 31 December 2024

75,179

NET BOOK VALUE

At 31 December 2024

213,385

At 31 December 2023

87,333

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

10,758

7,071

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Hire purchase contracts

61,893

-

Trade creditors

70,457

70,468

Taxation and social security

7,029

12,622

Other creditors

61,682

47,377

201,061

130,467

7.	RELATED PARTY DISCLOSURES

During the year the directors Daniel Duxbury & Natalie Aitken-Duxbury advanced the company net amounts totalling £57,364 This amount remained outstanding at 31st December 2024 and is included within other creditors in the notes to the accounts.