J K Construction & Building Services Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 07331551 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2025

for

J. K. Construction & Building Services

Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M A Flynn

A S Potts

REGISTERED OFFICE:

117 - 119 Cleethorpe Road

Grimsby

North East Lincs

DN31 3ET

REGISTERED NUMBER:

07331551 (England and Wales)

FIXED ASSETS

Tangible assets

4

844

1,224

CURRENT ASSETS

Stocks

558,302

822,849

Debtors

5

265,083

155,149

Cash at bank

298,680

199,022

1,122,065

1,177,020

CREDITORS

Amounts falling due within one year

6

1,056,803

1,119,770

NET CURRENT ASSETS

65,262

57,250

TOTAL ASSETS LESS CURRENT
LIABILITIES

66,106

58,474

PROVISIONS FOR LIABILITIES

211

306

NET ASSETS

65,895

58,168

CAPITAL AND RESERVES

Called up share capital

4

Retained earnings

65,891

58,164

SHAREHOLDERS' FUNDS

65,895

58,168

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 22 April 2026 and were signed on its behalf by:

M A Flynn - Director

1.	STATUTORY INFORMATION

J. K. Construction & Building Services Ltd 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Tangible fixed assets are depreciated at the following rates:

Plant & Machinery

25% on cost

Stocks

Stocks are valued at the lower of cost and estimated selling price less costs to complete and sell, after making due allowance for obsolete and slow moving items. Cost is calculated at an average cost basis.

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 obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Going concern

The going concern basis is still suitable as the company will be supported by the directors.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2024

149,121

Additions

380

At 31 July 2025

149,501

DEPRECIATION

At 1 August 2024

147,897

Charge for year

760

At 31 July 2025

148,657

NET BOOK VALUE

At 31 July 2025

844

At 31 July 2024

1,224

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 August 2024

and 31 July 2025

32,109

DEPRECIATION

At 1 August 2024

and 31 July 2025

32,109

NET BOOK VALUE

At 31 July 2025

-

At 31 July 2024

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

Trade debtors

157,261

28,359

Other debtors

107,822

126,790

265,083

155,149

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

Hire purchase contracts

-

12,265

Trade creditors

58,188

103,524

Taxation and social security

9,334

8,060

Other creditors

989,281

995,921

1,056,803

1,119,770

7.	SECURED DEBTS

The following secured debts are included within creditors:

31.7.25

31.7.24

£

Hire purchase contracts

-

12,265

Mr P Drury

942,095

954,360

Hire purchase balances are secured on the assets to which they relate.

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2025 and 31 July 2024:

31.7.25

31.7.24

£

Balance outstanding at start of year

35,178

43,162

Amounts advanced

70,935

64,034

Amounts repaid

(52,392

)

(72,018

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

53,720

35,178

Interest of £2,037 (2024: £1,692) has been charged on the director's loan account in the year.

9.	RELATED PARTY DISCLOSURES

During the year the company had the following related party transactions:

31.7.25

31.7.24

Purchases from related companies

£19,553

£19,200

Balance owing to related companies

-

The related parties are companies where either both or one of the directors for J.K. Construction & Building Services Ltd, also act as director for.