J & D Construction & Management Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04557178 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2019

FOR

J & D CONSTRUCTION & MANAGEMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J B Wright

D Wright

SECRETARY:

D Wright

REGISTERED OFFICE:

Kingfisher 23

Seafield Park

Seafield Road

Seahouses

Northumberland

NE68 7SP

REGISTERED NUMBER:

04557178 (England and Wales)

ACCOUNTANTS:

McCready Page Accountants

511 Durham Road

Low Fell

Gateshead

Tyne and Wear

NE9 5EY

BANKERS:

Natwest

PO Box 39

243 High Street

Gateshead

Tyne and Wear

NE8 1YU

FIXED ASSETS

Tangible assets

4

277

369

CURRENT ASSETS

Debtors

5

223,172

22,161

Cash at bank

122,014

163,667

345,186

185,828

CREDITORS

Amounts falling due within one year

6

172,363

123,222

NET CURRENT ASSETS

172,823

62,606

TOTAL ASSETS LESS CURRENT LIABILITIES

173,100

62,975

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

173,090

62,965

SHAREHOLDERS' FUNDS

173,100

62,975

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2019 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 on 30 November 2019 and were signed on its behalf by:

J B Wright - Director

1.	STATUTORY INFORMATION

J & D Construction & Management Limited 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.

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.

Plant and machinery etc

-

15% on reducing balance

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2018 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2018

and 30 April 2019

9,446

DEPRECIATION

At 1 May 2018

9,077

Charge for year

92

At 30 April 2019

9,169

NET BOOK VALUE

At 30 April 2019

277

At 30 April 2018

369

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/4/19

30/4/18

£

£

Trade debtors

223,172

22,161

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/4/19

30/4/18

£

£

Trade creditors

14,397

7,416

Taxation and social security

91,796

47,609

Other creditors

66,170

68,197

172,363

123,222

7.	ULTIMATE CONTROLLING PARTY

The controlling party is J Wright and D Wright acting in concert..