J. NEAL ARTISAN BUILDERS LIMITED

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

Registered number: 08946633

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		41,880		22,241

			41,880		22,241
CURRENT ASSETS
Debtors	5	3,198		1,088
Cash at bank and in hand		40,256		19,157

		43,454		20,245
Creditors: Amounts Falling Due Within One Year	6	(40,333 )		(32,719 )

NET CURRENT ASSETS (LIABILITIES)			3,121		(12,474 )

TOTAL ASSETS LESS CURRENT LIABILITIES			45,001		9,767

Creditors: Amounts Falling Due After More Than One Year	7		(2,978 )		-

PROVISIONS FOR LIABILITIES
Deferred Taxation			(7,957 )		(4,226 )

NET ASSETS			34,066		5,541

CAPITAL AND RESERVES
Called up share capital	9		300		300
Profit and Loss Account			33,766		5,241

SHAREHOLDERS' FUNDS			34,066		5,541

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J. NEAL ARTISAN BUILDERS LIMITED

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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

The director acknowledges his 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

J Neal

Director

14 May 2026

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

1. General Information

J. NEAL ARTISAN BUILDERS LIMITED Registered number 08946633 is a limited by shares company incorporated in England & Wales. The Registered Office is 5 Luscombe Road, Cotford St Luke, Taunton, Somerset, TA4 1EB.

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. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. 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:

Plant & Machinery	25% reducing balance
Motor Vehicles	20% reducing balance
Computer Equipment	25% reducing balance

2.4. 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.

2.5. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2025: 4)

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J. NEAL ARTISAN BUILDERS LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

4. Tangible Assets

	Plant & Machinery	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2025	47,722	5,744	53,466
Additions	33,599	-	33,599

As at 31 March 2026	81,321	5,744	87,065

Depreciation
As at 1 April 2025	28,261	2,964	31,225
Provided during the period	13,265	695	13,960

As at 31 March 2026	41,526	3,659	45,185

Net Book Value
As at 31 March 2026	39,795	2,085	41,880

As at 1 April 2025	19,461	2,780	22,241

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	-	295
Prepayments and accrued income	3,198	793

	3,198	1,088

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	4,486	-
Trade creditors	7,975	4,818
Corporation tax	11,345	5,418
Other taxes and social security	2,385	1,498
VAT	12,026	7,293
Other creditors	380	11,845
Accruals and deferred income	1,500	1,350
Director's loan account	236	497

	40,333	32,719

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

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	2,978	-

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J. NEAL ARTISAN BUILDERS LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

8. Obligations Under Finance Leases and Hire Purchase

	2026	2025
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	4,486	-
Later than one year and not later than five years	2,978	-

	7,464	-

	7,464	-

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	300	300

10. Directors Advances, Credits and Guarantees

Dividends paid to directors

11. Dividends

	2026	2025
	£	£
On equity shares:
Final dividend paid	33,000	29,000

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