J. T. H. Construction Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

1. General Information

J. T. H. Construction Limited registered number 04828748 is a company limited by shares incorporated in England & Wales. The registered office is 50-54 Berry Lane, Longridge, Preston, PR3 3JP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historic cost convention and in accordance with the FRS 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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax.

2.3. Tangible Fixed Assets and Depreciation

No depreciation of the buildings used in the Company's trading activities has been provided, which is contrary to the Financial Reporting Standard used as the basis of these accounts which requires them to be stated at fair value. The Company adopts an ongoing policy of carrying out repairs necessary to properly maintain the buildings concerned and they thus have long useful lives and maintain their residual value. For those reasons, the Directors consider that depreciation and accumulated depreciation are immaterial in that they would not reasonably influence the decisions of a user of the accounts.

Other tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets over their expected useful lives on the following bases:

Freehold	0%
Plant & Machinery	15% Reducing Balance
Motor Vehicles	25% Reducing Balance

2.4. Taxation

Taxation represents the sum of tax currently payable and deferred tax. The Company's liability for current tax is calculated using tax rates that have been enacted or substantially enacted by the end of the reporting period.

Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantially enacted by the end of the reporting period.

2.5. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

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J. T. H. Construction Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2026	2025
Office and administration	1	1
Sales, marketing and distribution	1	1
Manufacturing	1	1

	3	3

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Total
	£	£	£	£
Cost
As at 1 April 2025	110,667	-	57,184	167,851
Additions	-	3,150	-	3,150

As at 31 March 2026	110,667	3,150	57,184	171,001

Depreciation
As at 1 April 2025	-	-	13,574	13,574
Provided during the period	-	473	10,903	11,376

As at 31 March 2026	-	473	24,477	24,950

Net Book Value
As at 31 March 2026	110,667	2,677	32,707	146,051

As at 1 April 2025	110,667	-	43,610	154,277

5. Investments

	Listed
	£
Cost or Valuation
As at 1 April 2025	-
Additions	40,100

As at 31 March 2026	40,100

Provision
As at 1 April 2025	-

As at 31 March 2026	-

...CONTINUED

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J. T. H. Construction Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

Net Book Value
As at 31 March 2026	40,100

As at 1 April 2025	-

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	67,690	94,350
Prepayments and accrued income	7,613	6,272
Directors' loan accounts	-	4,620
Loan - Holden Land and Property Limited	47,316	-
Loan - J & J Holden Homes Limited	300,000	250,000

	422,619	355,242

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	17,717	45,015
Bank loans and overdrafts	5,531	5,522
Corporation tax	48,560	23,647
Other taxes and social security	1,745	2,566
VAT	9,147	18,217
Net wages	4,010	2,819
Accruals and deferred income	2,523	2,718
Directors' loan accounts	5	-

	89,238	100,504

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

	2026	2025
	£	£
Bank loans	18,916	24,456

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J. T. H. Construction Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

9. Related Party Transactions

Holden Land and Property Limited

JTH Construction Limited loaned Holden Land and Property Limited, a company of which John and James Holden are Directors, £47,316. The total amount owing in this respect at 31 March 2026 amounted to £47,316 (2025-nil). This was the maximum amount outstanding during the year (2025 - nil) The loan was interest free and repayable on demand.

J & M.B. Holden

This company carried out construction work for J & M.B. Holden, parents of Director James Thomas Holden, during the year amounting to £nil (2025: £9,307).

J & J Holden Homes Limited

Directors John Holden and James Holden are also Directors of J & J Holden Homes Limited.

This Company carried out construction work and provided marketing services for J & J Holden Homes Limited during the year amounting to £84,573 (2025: £82,308) of which £10,883 (2025: £5,020) was outstanding at 31st March 2026. Profits on joint venture property development projects undertaken with J & J Holden Homes Limited were received by this Company for the year amounting to £45,268 (2025: £24,828) and the amount outstanding at 31st March 2026 was £45,268 (2025: £24,828).

Holden Group Management Limited

JTH Construction Limited loaned Holden Group Management Limited, a company of which John and James Holden are Directors, an additional £50,000. The total amount owing in this respect at 31 March 2026 amounted to £300,000 (2025-£250,000). This was the maximum amount outstanding during the year (2025-£250,000) and interest amounting to £17,951 (2025-£1,531) was received thereon during the year.

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		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		146,051		154,277
Investments	5		40,100		-

			186,151		154,277
CURRENT ASSETS
Debtors	6	422,619		355,242
Cash at bank and in hand		56,137		72,739

		478,756		427,981
Creditors: Amounts Falling Due Within One Year	7	(89,238 )		(100,504 )

NET CURRENT ASSETS (LIABILITIES)			389,518		327,477

TOTAL ASSETS LESS CURRENT LIABILITIES			575,669		481,754

Creditors: Amounts Falling Due After More Than One Year	8		(18,916 )		(24,456 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(8,846 )		(10,902 )

NET ASSETS			547,907		446,396

CAPITAL AND RESERVES
Called up share capital			100		100
Profit and Loss Account			547,807		446,296

SHAREHOLDERS' FUNDS			547,907		446,396