John Clements Contractors Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 08886762

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		2,445,784		2,118,087

			2,445,784		2,118,087
CURRENT ASSETS
Stocks	6	240,000		175,000
Debtors	7	205,369		138,701
Cash at bank and in hand		802		46,464

		446,171		360,165
Creditors: Amounts Falling Due Within One Year	8	(852,558 )		(1,050,670 )

NET CURRENT ASSETS (LIABILITIES)			(406,387 )		(690,505 )

TOTAL ASSETS LESS CURRENT LIABILITIES			2,039,397		1,427,582

Creditors: Amounts Falling Due After More Than One Year	9		(1,173,714 )		(602,147 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(98,948 )		(98,948 )

NET ASSETS			766,735		726,487

CAPITAL AND RESERVES
Called up share capital	11		100		100
Profit and Loss Account			766,635		726,387

SHAREHOLDERS' FUNDS			766,735		726,487

Page 1

Page 2

John Clements Contractors Ltd

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr John Clements

Director

15/01/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

John Clements Contractors Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08886762 . The registered office is Little Valley Farm, Littlehampton, Totnes, Devon, TQ9 6NG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	No depreciation charges
Plant & Machinery	15% Reducing balance basis
Motor Vehicles	20% Reducing balance basis
Computer Equipment	25% Reducing balance basis

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.6. Stocks and Work in Progress

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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2024: 4)

Page 3

Page 4

John Clements Contractors Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2024	50,000

As at 31 March 2025	50,000

Amortisation
As at 1 April 2024	50,000

As at 31 March 2025	50,000

Net Book Value
As at 31 March 2025	-

As at 1 April 2024	-

5. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 April 2024	185,721	2,509,581	-	2,620	2,697,922
Additions	86,357	534,111	35,002	-	655,470

As at 31 March 2025	272,078	3,043,692	35,002	2,620	3,353,392

Depreciation
As at 1 April 2024	-	578,498	-	1,337	579,835
Provided during the period	-	323,368	4,084	321	327,773

As at 31 March 2025	-	901,866	4,084	1,658	907,608

Net Book Value
As at 31 March 2025	272,078	2,141,826	30,918	962	2,445,784

As at 1 April 2024	185,721	1,931,083	-	1,283	2,118,087

6. Stocks

	2025	2024
	£	£
Stock	240,000	175,000

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	122,496	71,499
Other debtors	82,873	67,202

	205,369	138,701

Page 4

Page 5

John Clements Contractors Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	332,557	708,902
Trade creditors	279,611	155,418
Bank loans and overdrafts	8,752	-
Other creditors	151,038	96,694
Taxation and social security	80,600	89,656

	852,558	1,050,670

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	1,171,246	304,241
Bank loans	2,468	297,906

	1,173,714	602,147

10. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	332,557	708,902
Later than one year and not later than five years	1,171,246	304,241

	1,503,803	1,013,143

	1,503,803	1,013,143

11. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

Page 5