Jon Goddard Building Contractor Limited

Registered number

07631762

Unaudited Filleted Accounts

31 May 2025

Jon Goddard Building Contractor Limited
Registered number:		07631762
Balance Sheet
as at 31 May 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		10,393			14,032

Current assets
Stocks		1,000			1,000
Debtors	4	1,345			201
Cash at bank and in hand		30,848			41,324
		33,193			42,525

Creditors: amounts falling due within one year	5	(22,838)			(29,239)

Net current assets			10,355			13,286

Total assets less current liabilities			20,748			27,318

Creditors: amounts falling due after more than one year	6		-			(190)

Provisions for liabilities			(1,975)			(2,666)


Net assets			18,773			24,462

Capital and reserves
Called up share capital			100			100
Profit and loss account			18,673			24,362

Shareholder's funds			18,773			24,462

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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.




Jon Goddard
Director
Approved by the board on 5 December 2025

Jon Goddard Building Contractor Limited
Notes to the Accounts
for the year ended 31 May 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:

	Motor Vehicles			25% reducing balance
	Plant and machinery			25% reducing balance
	Computer Equipment			33.33% 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.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	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.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					2		2


3	Tangible fixed assets
		Computer Equipment		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 June 2024	3,066		8,269		26,314		37,649
	Disposals	(256)		(170)		-		(426)
	At 31 May 2025	2,810		8,099		26,314		37,223

	Depreciation
	At 1 June 2024	2,351		6,053		15,213		23,617
	Charge for the year	211		546		2,775		3,532
	On disposals	(179)		(140)		-		(319)
	At 31 May 2025	2,383		6,459		17,988		26,830

	Net book value
	At 31 May 2025	427		1,640		8,326		10,393
	At 31 May 2024	715		2,216		11,101		14,032


4	Debtors					2025		2024
£							£

	Overdrawn directors loan account					1,345		-
	Other debtors					-		201
						1,345		201


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

	Bank loans and overdrafts					4,944		2,174
	Obligations under finance lease and hire purchase contracts					190		1,478
	Family Loan G O'brien					-		640
	Trade creditors					2,920		3,969
	Taxation and social security costs					14,749		16,997
	Other creditors					35		3,981
						22,838		29,239


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

	Other creditors					-		190


7	Related party transactions

	Loan From Ms G O'Brien
	During the year ending 31st May 2022 Jon Goddard Building Contractors Ltd received a loan for £10,000 from Ms G O'Brien, partner of the Company Director Jon Goddard. The loan was to assist with the purchase of the new van. The repayment term is 39 months and is interest free. As ar 31st May 2025 the loan had been repaid in full.


8	Transactions with Director

	During the year Jonathan Goddard used a current account with the company to record amounts due to him and amounts drawn by him. As at 31st May 2025 the account was overdrawn by £1,344.68. This was repaid in full on 5th December 2025 via the declaration of a dividend.


9	Controlling party

	Jonathan Goddard is the sole director and share holder of Jon Goddard Building Contractor Limited and therefore is the ultimate controlling party.


10	Other information

	Jon Goddard Building Contractor Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is:
	Ty Fabshon
	Cwm Lane
	Govilion
	Monmouthshire
	NP7 9RY