Company Registration No. 09425789 (England and Wales)
JPJ Builders Ltd
Unaudited accounts
for the year ended 28 February 2025
JPJ Builders Ltd
Unaudited accounts
Contents
JPJ Builders Ltd
Company Information
for the year ended 28 February 2025
Company Number
09425789 (England and Wales)
Registered Office
5 Kither Road
Ashford
Kent
TN23 4NW
Accountants
Rustrick Accountants Limited
380A New Hythe lane
Larkfield
Maidstone
Kent
ME20 6RZ
JPJ Builders Ltd
Statement of financial position
as at 28 February 2025
Tangible assets
21,639
25,735
Cash at bank and in hand
61,829
91,544
Creditors: amounts falling due within one year
(50,654)
(56,818)
Net current assets
21,311
37,157
Total assets less current liabilities
42,950
62,892
Creditors: amounts falling due after more than one year
(12,850)
(22,377)
Called up share capital
1
1
Profit and loss account
30,099
40,514
Shareholders' funds
30,100
40,515
For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 14 May 2025 and were signed on its behalf by
Mr J P Jackson
Director
Company Registration No. 09425789
JPJ Builders Ltd
Notes to the Accounts
for the year ended 28 February 2025
JPJ Builders Ltd is a private company, limited by shares, registered in England and Wales, registration number 09425789. The registered office is 5 Kither Road, Ashford, Kent, TN23 4NW.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
JPJ Builders Ltd
Notes to the Accounts
for the year ended 28 February 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2024
28,364
27,950
1,110
57,424
Additions
-
5,325
401
5,726
At 28 February 2025
28,364
33,275
1,365
63,004
At 1 March 2024
24,396
6,988
305
31,689
Charge for the year
991
8,468
281
9,740
At 28 February 2025
25,387
15,456
522
41,365
At 28 February 2025
2,977
17,819
843
21,639
At 29 February 2024
3,968
20,962
805
25,735
Amounts falling due within one year
Accrued income and prepayments
1,093
2,431
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
9,528
9,528
Taxes and social security
15,338
17,485
Loans from directors
-
887
7
Creditors: amounts falling due after more than one year
2025
2024
8
Average number of employees
During the year the average number of employees was 3 (2024: 3).