REGISTERED NUMBER: 05279509 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

JMBC (BUILDING CONTRACTORS) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J M Martlew

Mrs A M Martlew

Mrs C M Atkinson

SECRETARY:

Mrs A M Martlew

REGISTERED OFFICE:

Unit 1

Collins Industrial Estate

Merton Bank Road

St. Helens

Merseyside

WA9 1HY

REGISTERED NUMBER:

05279509 (England and Wales)

ACCOUNTANTS:

C A Hunter Limited

Britannia Chambers

26 George Street

St Helens

Merseyside

WA10 1BZ

FIXED ASSETS

Intangible assets

4

-

9,000

Tangible assets

5

182,536

139,048

182,536

148,048

CURRENT ASSETS

Stocks

53,258

96,977

Debtors

6

450,363

1,002,786

Cash at bank

303,568

639,345

807,189

1,739,108

CREDITORS

Amounts falling due within one year

7

515,554

1,173,730

NET CURRENT ASSETS

291,635

565,378

TOTAL ASSETS LESS CURRENT LIABILITIES

474,171

713,426

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

474,071

713,326

SHAREHOLDERS' FUNDS

474,171

713,426

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 December 2025 and were signed on its behalf by:

J M Martlew - Director

1.	STATUTORY INFORMATION

JMBC (Building Contractors) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents building work conducted during the year, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Assets that are held by the company under leases which transfer to the company substantially all the risks and rewards of ownership are classified as being held under finance leases. Leases which do not transfer substantially all the risks and rewards of ownership to the company are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the company at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation, Lease payments are apportioned between finance expense and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately in the profit and loss account.

Operating lease payments are recognised as an expense on a straightline basis over the lease term, except where another systematic basis is more representative of the time pattern in which the economic benefits from the leased asset are consumed.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

180,000

AMORTISATION

At 1 April 2024

171,000

Charge for year

9,000

At 31 March 2025

180,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

9,000

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 April 2024

-

4,977

2,282

Additions

90,422

2,033

-

Disposals

-

-

-

At 31 March 2025

90,422

7,010

2,282

DEPRECIATION

At 1 April 2024

-

4,275

1,851

Charge for year

-

385

65

Eliminated on disposal

-

-

-

At 31 March 2025

-

4,660

1,916

NET BOOK VALUE

At 31 March 2025

90,422

2,350

366

At 31 March 2024

-

702

431

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

187,473

5,801

200,533

Additions

10,891

-

103,346

Disposals

(56,105

)

-

(56,105

)

At 31 March 2025

142,259

5,801

247,774

DEPRECIATION

At 1 April 2024

50,987

4,372

61,485

Charge for year

27,136

713

28,299

Eliminated on disposal

(24,546

)

-

(24,546

)

At 31 March 2025

53,577

5,085

65,238

NET BOOK VALUE

At 31 March 2025

88,682

716

182,536

At 31 March 2024

136,486

1,429

139,048

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

304,444

886,285

Other debtors

145,919

116,501

450,363

1,002,786

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

505,557

1,129,309

Taxation and social security

2,868

29,712

Other creditors

7,129

14,709

515,554

1,173,730

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

J M Martlew and Mrs A M Martlew

Balance outstanding at start of year

48,512

51,450

Amounts advanced

29,891

49,062

Amounts repaid

(50,000

)

(52,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

28,403

48,512