BrightAccountsProduction v1.0.0 v1.0.0 2024-05-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company is the manufacture/installation of fabricated metals. 8 December 2025 0 0 NI662459 2025-04-30 NI662459 2024-04-30 NI662459 2023-04-30 NI662459 2024-05-01 2025-04-30 NI662459 2023-05-01 2024-04-30 NI662459 uk-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 NI662459 uk-curr:PoundSterling 2024-05-01 2025-04-30 NI662459 uk-bus:AbridgedAccounts 2024-05-01 2025-04-30 NI662459 uk-core:ShareCapital 2025-04-30 NI662459 uk-core:ShareCapital 2024-04-30 NI662459 uk-core:RetainedEarningsAccumulatedLosses 2025-04-30 NI662459 uk-core:RetainedEarningsAccumulatedLosses 2024-04-30 NI662459 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-04-30 NI662459 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-04-30 NI662459 uk-bus:FRS102 2024-05-01 2025-04-30 NI662459 uk-core:ParentEntities 2024-05-01 2025-04-30 NI662459 2024-05-01 2025-04-30 NI662459 uk-bus:Director1 2024-05-01 2025-04-30 NI662459 uk-bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
 
 
 
 
 
 
 
 
JK Construction Projects Ltd
 
Abridged Unaudited Financial Statements
 
for the financial year ended 30 April 2025



JK Construction Projects Ltd
Company Registration Number: NI662459
ABRIDGED BALANCE SHEET
as at 30 April 2025

2025 2024
Notes £ £
 
Current Assets
Stocks 73,306 73,306
Debtors 632,541 541,575
Cash at bank and in hand 100 100
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705,947 614,981
───────── ─────────
Creditors: amounts falling due within one year (489,277) (406,581)
───────── ─────────
Net Current Assets 216,670 208,400
───────── ─────────
Total Assets less Current Liabilities 216,670 208,400
═════════ ═════════
 
Capital and Reserves
Called up share capital 100 100
Retained earnings 216,570 208,300
───────── ─────────
Shareholders' Funds 216,670 208,400
═════════ ═════════
 
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).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
           
The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Director's Report.
For the financial year ended 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Director and authorised for issue on 8 December 2025
           
           
________________________________          
Mr. John King          
Director          
           



JK Construction Projects Ltd
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 30 April 2025

   
1. General Information
 

JK Construction Projects Ltd is a private company limited by shares incorporated and registered in Northern Ireland.  The registered number of the company is NI662459.  The registered office of the company is Unit 5 Carnbane Business Park Newry Co Down BT35 6QH Northern Ireland, which is also the principal place of business of the company.  

On 14th July 2023, the name of the company was changed from J&M King Ltd to JK Construction Projects Ltd by way of resolution.

The financial statements cover the individual entity JK Construction Projects Ltd Ltd for the 12 months ended 30 April 2025.  

The financial statements have been presented in Pound Sterling (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 30 April 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006. These are the company's first set of financial statements prepared in accordance with FRS 102.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Leasing and hire purchases
Tangible assets held under leasing and Hire Purchases arrangements which transfer substantially all the risks and rewards of ownership to the company are capitalised and included in the Balance Sheet at their cost or valuation, less depreciation. The corresponding commitments are recorded as liabilities. Payments in respect of these obligations are treated as consisting of capital and interest elements, with interest charged to the Profit and Loss Account.
 
 
Stocks
Stocks are valued at the lower of cost and net realisable value. Stocks are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition.  Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Employee benefits
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund.  The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.
 
Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.
 
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
   
3. Adoption of FRS 102 Section 1A
 
This is the first set of financial statements prepared by JK Construction Projects Ltd in accordance with accounting standards issued by the Financial Reporting Council, including FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” Section 1A (Small Entities). The company transitioned from previously extant Irish and UK GAAP to FRS 102 Section 1A as at 1st May 2023. No transitional adjustments were required.
       
4. Employees
 
There were no employees during the financial year or in the comparative period.
   
5. Parent company
 
The company regards John King Holdings Ltd as its parent company. The companys ultimate parent undertaking is John King Holdings Ltd. The address of John King Holdings Ltd is Unit 5 Carnbane Business Park Newry Co Down BT35 6QH. John King Holdings Ltd is regarded as both the controlling party and ultimate controlling party of JK Construction Projects Ltd.
 
       
6. Related party transactions
 
The company has availed of the exemption under FRS102 in relation to the disclosure of transactions with group companies.  Intercompany balances are repayable on demand.