Registration number: 15082675

JPS Construction (Herts) Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 7

JPS Construction (Herts) Ltd

Company Information

Director

Mr Jack Sandford

Registered office

Unit 2, Elms Yard Stevenage Road Little Wymondley Hitchin SG4 7HY

Accountants

RiverView Portfolio Limited 1 Market Hill Calne Wiltshire SN11 0BT

JPS Construction (Herts) Ltd

(Registration number: 15082675)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	5	40,850	7,038
Current assets
Stocks	6	320,000	2,500
Debtors	7	240,834	310,395
Cash at bank and in hand		40,378	15,356
		601,212	328,251
Creditors: Amounts falling due within one year	8	(418,183)	(224,309)
Net current assets		183,029	103,942
Total assets less current liabilities		223,879	110,980
Creditors: Amounts falling due after more than one year	8	(208,930)	(104,847)
Net assets		14,949	6,133
Capital and reserves
Called up share capital		1,000	1,000
Retained earnings		13,949	5,133
Shareholders' funds		14,949	6,133

For the financial 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.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the director on 8 July 2026
 

......................................... Mr Jack Sandford Director

JPS Construction (Herts) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Unit 2, Elms Yard
Stevenage Road
Little Wymondley
Hitchin
SG4 7HY

These financial statements were authorised for issue by the director on 8 July 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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 taxable income.

JPS Construction (Herts) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026 (continued)

2	Accounting policies (continued)

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are 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.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

JPS Construction (Herts) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026 (continued)

2	Accounting policies (continued)

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2025 - 2).

4	Profit before tax

Arrived at after charging/(crediting)

	2026 £	2025 £
Depreciation expense	6,705	581

JPS Construction (Herts) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026 (continued)

5	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 April 2025	1,941	5,833	7,774
Additions	10,505	30,010	40,515
At 31 March 2026	12,446	35,843	48,289
Depreciation
At 1 April 2025	614	122	736
Charge for the year	3,308	3,395	6,703
At 31 March 2026	3,922	3,517	7,439
Carrying amount
At 31 March 2026	8,524	32,326	40,850
At 31 March 2025	1,327	5,711	7,038

6

Stocks

	2026 £	2025 £
Work in progress	270,000	-
Other inventories	50,000	2,500
	320,000	2,500

7

Debtors

Current	Note	2026 £	2025 £
Trade debtors		237,308	30,518
Amounts owed by related parties		-	108,893
Prepayments		1,401	923
Other debtors		2,125	170,061
		240,834	310,395

8

Creditors

Creditors: amounts falling due within one year

JPS Construction (Herts) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026 (continued)

8	Creditors (continued)

	Note	2026 £	2025 £
Due within one year
Loans and borrowings	9	25,005	25,005
Trade creditors		137,510	92,390
Taxation and social security		237,617	100,811
Accruals and deferred income		18,051	6,103
		418,183	224,309

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings	9	208,930	104,847

9	Loans and borrowings

Non-current loans and borrowings

	2026 £	2025 £
Other borrowings	208,930	104,847

Current loans and borrowings

	2026 £	2025 £
Other borrowings	25,005	25,005