Accounts filed on 30-06-2018


Registered number: 01226477






JEX CONSTRUCTION LIMITED


ACCOUNTS

FOR THE YEAR ENDED 30/06/2018
























Prepared By:
Martin & Fahy
Chartered Certified Accountants
7 Milbanke Court
Milbanke Way
Bracknell
Berkshire
RG12 1RP


ACCOUNTS
FOR THE YEAR ENDED 30/06/2018





DIRECTORS
Lee Jex
Francis Jex
Stephen Jex



SECRETARY
Anthony Brooks


REGISTERED OFFICE
Grange Farm
Badgemore
Henley-on-thames
Oxfordshire
RG9 4NZ


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 01226477



ACCOUNTANTS
Martin & Fahy
Chartered Certified Accountants
7 Milbanke Court
Milbanke Way
Bracknell
Berkshire
RG12 1RP


BALANCE SHEET AT 30/06/2018

			2018		2017
	Notes		£		£

FIXED ASSETS
Tangible assets	2		80,890		55,802

CURRENT ASSETS
Stock		101,226		126,632
Debtors	4	59,368		147,916
Cash at bank and in hand		255,925		277,230
		416,519		551,778
CREDITORS: Amounts falling due within one year	5	212,367		337,824
NET CURRENT ASSETS			204,152		213,954
TOTAL ASSETS LESS CURRENT LIABILITIES			285,042		269,756


PROVISIONS FOR LIABILITIES AND CHARGES	7		9,326		-

NET ASSETS			275,716		269,756

CAPITAL AND RESERVES

Called up share capital	8		65,000		65,000
Profit and loss account			210,716		204,756
SHAREHOLDERS' FUNDS			275,716		269,756

For the year ending 30/06/2018 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 05/03/2019 and signed on their behalf by



.............................
Lee Jex
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Long Leasehold Properties		equal instalments over the lease period%
Fixtures and Fittings		reducing balance 12%
Motor Cars		reducing balance 25%




1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.




4. DEBTORS	2018	2017
	£	£
Amounts falling due within one year
Trade debtors	41,001	88,371
VAT	-	5,610
Prepayments	18,325	53,893
Directors current account	42	42
	59,368	147,916


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2018	2017
	£	£
Corporation tax	1,683	22,948
VAT	3,770	-
PAYE control	17,427	10,149
Salaries and wages control	-	1,420
Trade creditors	111,483	228,190
Accruals	78,004	75,117
	212,367	337,824




8. SHARE CAPITAL	2018	2017
	£	£
Allotted, issued and fully paid:
65000 Ordinary shares of £1 each	65000	65000
	65,000	65,000