ACCOUNTS - Final Accounts preparation

Company registration number: 04764843

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 MAY 2025

	SCOTT JEAL BUILDING CONTRACTORS LIMITED


SCOTT JEAL BUILDING CONTRACTORS LIMITED REGISTERED NUMBER:04764843

STATEMENT OF FINANCIAL POSITION

AS AT 31 MAY 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets			37		49
			37		49
Current assets
Stocks		850		1,900
Bank and cash balances		41,325		26,030
		42,175		27,930
Creditors: amounts falling due within one year	6	(11,761)		(9,993)
Net current assets			30,414		17,937
Total assets less current liabilities			30,451		17,986
Creditors: amounts falling due after more than one year	7		(334)		(3,231)

Net assets			30,117		14,755

Capital and reserves
Called up share capital	1	1
Profit and loss account	30,116	14,754
	30,117	14,755

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SCOTT JEAL BUILDING CONTRACTORS LIMITED REGISTERED NUMBER:04764843

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MAY 2025

The director considers 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 director acknowledges his 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 statement of income and retained earnings 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:

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

Mr S Jeal

Director

Date: 29 December 2025

The notes on pages 3 to 6 form part of these financial statements.

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SCOTT JEAL BUILDING CONTRACTORS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

1.	General information

Scott Jeal Building Contractors Limited is a company limited by shares, registered in England and Wales under the Companies Act 2006. The address of the company's registered office is disclosed on the company information page. The principal place of business during the year was 28 Bournside Road, Addlestone, Surrey, KT15 2HZ.

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.

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

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SCOTT JEAL BUILDING CONTRACTORS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

2.Accounting policies (continued)

2.6

Intangible assets fixed assets and amortisation

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

2.7

Tangible fixed assets and depreciation

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.

Depreciation is provided on the following basis:

				Motor vehicles	-	25% reducing balance
				Computer equipment	-	3 years straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.8

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

2.9

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

2.10

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.

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SCOTT JEAL BUILDING CONTRACTORS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

Employees

The average monthly number of employees, including directors, during the year was 1 (2024 - 1).

4.	Intangible assets

		Goodwill
		£
	Cost
	At 1 June 2024	5,000
	At 31 May 2025	5,000
	Amortisation
	At 1 June 2024	5,000
	At 31 May 2025	5,000
	Net book value
	At 31 May 2025	-
	At 31 May 2024	-

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SCOTT JEAL BUILDING CONTRACTORS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

5.	Tangible fixed assets

	Motor vehicles	Computer equipment	Total
	£	£	£
Cost or valuation
At 1 June 2024	11,546	648	12,194
At 31 May 2025	11,546	648	12,194
Depreciation
At 1 June 2024	11,497	648	12,145
Charge for the year on owned assets	12	-	12
At 31 May 2025	11,509	648	12,157
Net book value
At 31 May 2025	37	-	37
At 31 May 2024	49	-	49

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Other loans	3,073	2,996
Corporation tax	6,421	4,716
Other creditors	17	31
Accruals and deferred income	2,250	2,250
	11,761	9,993

7.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

Other loans	334	3,231
	334	3,231

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