J & J Wall Ltd - Filleted accounts

Registered number

07712093

J & J Wall Ltd

Filleted Accounts

31 July 2025

J & J Wall Ltd
Registered number:		07712093
Balance Sheet
as at 31 July 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		17,734			23,234

Current assets
Stocks		35,760			-
Debtors	4	66,009			105,879
Cash at bank and in hand		72,047			89,797
		173,816			195,676

Creditors: amounts falling due within one year	5	(71,132)			(79,397)

Net current assets			102,684			116,279

Total assets less current liabilities			120,418			139,513

Creditors: amounts falling due after more than one year	6		-			(9,167)



Net assets			120,418			130,346

Capital and reserves
Called up share capital			100			100
Profit and loss account			120,318			130,246

Shareholders' funds			120,418			130,346

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.




S D Wall
Director
Approved by the board on 22 March 2026

J & J Wall Ltd
Notes to the Accounts
for the year ended 31 July 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:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	over 3 years
	Motor vehicles	over 5 years
	Fixtures, fittings, tools and equipment	over 3 years

	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.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			2		2


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 August 2024	11,268		59,575		70,843
	Additions	1,276		-		1,276
	At 31 July 2025	12,544		59,575		72,119

	Depreciation
	At 1 August 2024	5,636		41,973		47,609
	Charge for the year	1,822		4,954		6,776
	At 31 July 2025	7,458		46,927		54,385

	Net book value
	At 31 July 2025	5,086		12,648		17,734
	At 31 July 2024	5,632		17,602		23,234


4	Debtors			2025		2024
£					£

	Trade debtors			35,280		71,526
	Other debtors			30,729		34,353
				66,009		105,879


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

	Bank loans and overdrafts			9,031		10,382
	Trade creditors			7,108		2,728
	Taxation and social security costs			52,570		58,757
	Other creditors			2,423		7,530
				71,132		79,397


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

	Bank loans			-		9,167


7	Other information

	J & J Wall Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	141A New Road
	Ascot
	BERKS
	SL5 8QA