CJB Contractors Limited - Filleted accounts

Registered number

05364686

CJB Contractors Limited

Filleted Accounts

28 February 2025

CJB Contractors Limited
Registered number:		05364686
Balance Sheet
as at 28 February 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		156,399			100,152

Current assets
Stocks		6,716			2,161
Debtors	4	202,715			154,065
Cash at bank and in hand		88,499			84,454
		297,930			240,680

Creditors: amounts falling due within one year	5	(150,234)			(133,618)

Net current assets			147,696			107,062

Total assets less current liabilities			304,095			207,214

Creditors: amounts falling due after more than one year	6		(214,550)			(125,756)



Net assets			89,545			81,458

Capital and reserves
Called up share capital			100			100
Profit and loss account			89,445			81,358

Shareholders' funds			89,545			81,458

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.




C J Bugden
Director
Approved by the board on 2 November 2025

CJB Contractors Limited
Notes to the Accounts
for the year ended 28 February 2025


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 includes revenue earned from the sale of goods and from the rendering of services. 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. 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.

	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:

	Fixtures, fittings, tools and equipment	25% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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. Unrelieved tax losses and other deferred tax assets are recognised only 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 and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	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. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			14		13


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 March 2024	197,481		65,730		263,211
	Additions	67,013		56,635		123,648
	Disposals	(27,140)		-		(27,140)
	At 28 February 2025	237,354		122,365		359,719

	Depreciation
	At 1 March 2024	103,316		59,743		163,059
	Charge for the year	40,295		15,656		55,951
	On disposals	(15,690)		-		(15,690)
	At 28 February 2025	127,921		75,399		203,320

	Net book value
	At 28 February 2025	109,433		46,966		156,399
	At 29 February 2024	94,165		5,987		100,152


4	Debtors			2025		2024
£					£

	Trade debtors			187,105		121,915
	Other debtors			15,610		32,150
				202,715		154,065


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Obligations under finance lease and hire purchase contracts			32,168		34,171
	Trade creditors			48,081		24,952
	Taxation and social security costs			63,688		68,363
	Other creditors			6,297		6,132
				150,234		133,618


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Obligations under finance lease and hire purchase contracts			214,550		125,756


7	Controlling party

	The company is in control of C Bugden and A Bugden as they jointly own 100% of the issued share capital.


8	Other information

	CJB Contractors Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Pennyweights
	Kenley
	CR8 5HB