ACCOUNTS - Final Accounts preparation

Registered number: 11716585

JOED CONSTRUCTION LTD

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024


JOED CONSTRUCTION LTD

CONTENTS

	Page
Balance sheet	1 - 2
Notes to the financial statements	3 - 4


JOED CONSTRUCTION LTD REGISTERED NUMBER:11716585

BALANCE SHEET

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£


Current assets
Debtors: amounts falling due within one year	4	-		848,823
Cash at bank and in hand	5	7,259		9,442
		7,259		858,265
Creditors: amounts falling due within one year	6	(7,159)		(807,865)
Net current assets			100		50,400
Total assets less current liabilities			100		50,400

Net assets			100		50,400

Capital and reserves
Called up share capital	7	100	100
Profit and loss account		-	50,300
		100	50,400


JOED CONSTRUCTION LTD REGISTERED NUMBER:11716585

BALANCE SHEET (CONTINUED)

AS AT 31 DECEMBER 2024

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

................................................

R J Beim

Director

Date: 6 October 2025

The notes on pages 3 to 4 form part of these financial statements.


JOED CONSTRUCTION LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

The company is a private company, limited by shares, registered in England and Wales, registered number 11716585. The registered address of the company and its principal place of business is Unit 7, The Old Power Station, 121 Mortlake High Street, London, SW14 8SN.

The principal activity is that of property construction. The company has not traded during the year.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The company's functional and presentational currency is pound sterling.

The following principal accounting policies have been applied:

2.2

Debtors

Short-term debtors are measured at transaction price, less any impairment.

2.3

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

2.4

Creditors

Short-term creditors are measured at the transaction price.

2.5

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition
of financial assets and liabilities such as loans due to related parties.

Debt instruments that are payable or receivable within one year, typically trade debtors and
creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or
other consideration expected to be paid or received.

2.6

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


JOED CONSTRUCTION LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Debtors

					2024	2023
					£	£


Other debtors	-	848,590
Prepayments and accrued income	-	233
	-	848,823

5.	Cash and cash equivalents
		2024	2023
		£	£

	Cash at bank and in hand	7,259	9,442

6.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Amounts owed to group undertakings	7,159	802,907
Accruals and deferred income	-	4,958
	7,159	807,865

7.	Share capital
		2024	2023
		£	£

Allotted, called up and fully paid

100 Ordinary shares of £1.00 each	100	100

There is a single class of ordinary share. There are no restrictions on the distribution of dividends and the repayment of capital.

8.	Related party transactions
	No disclosure has been made of transactions with other wholly owned group companies in accordance with FRS 102 Section 1A paragraph 1AC.35.