John 14.2 Construction Limited - Accounts to registrar (filleted) - small 18.2
John 14.2 Construction Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Financial Statements |
| for the Year Ended 31 March 2022 |
| for |
| John 14.2 Construction Limited |
| John 14.2 Construction Limited (Registered number: 11107699) |
| Contents of the Financial Statements |
| for the Year Ended 31 March 2022 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| John 14.2 Construction Limited |
| Company Information |
| for the Year Ended 31 March 2022 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| John 14.2 Construction Limited (Registered number: 11107699) |
| Balance Sheet |
| 31 March 2022 |
| 31.3.22 | 31.3.21 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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 and authorised for issue on |
| John 14.2 Construction Limited (Registered number: 11107699) |
| Notes to the Financial Statements |
| for the Year Ended 31 March 2022 |
| 1. | STATUTORY INFORMATION |
| John 14.2 Construction Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| 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 |
| Plant and machinery | - |
| Computer equipment | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| 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 |
| John 14.2 Construction Limited (Registered number: 11107699) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2022 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and | Computer |
| machinery | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 April 2021 |
| Additions |
| At 31 March 2022 |
| DEPRECIATION |
| At 1 April 2021 |
| Charge for year |
| At 31 March 2022 |
| NET BOOK VALUE |
| At 31 March 2022 |
| At 31 March 2021 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.3.22 | 31.3.21 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.3.22 | 31.3.21 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
| The Report of the Auditors was unqualified. |
| for and on behalf of |
| The Audit report was prepared in connection with the audit of the full annual accounts and directors' report. The Directors' report has not been filed. |
| John 14.2 Construction Limited (Registered number: 11107699) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2022 |
| 8. | RELATED PARTY DISCLOSURES |
| Matt 6.3 Charitable Trust |
| 100% shareholder |
| At the balance sheet date, there was an interest free loan, repayable on demand, owing to Matt 6.3 Charitable Trust of £98,156 (2021: amount due from Matt 6.3 Charitable Trust £103,442). |
| During the year the company also recharged costs to the Matt 6.3 Charitable Trust of £Nil (2021: £1,078). |
| Immingham Industrial Estates Limited |
| 100% subsidiary of Matt 6.3 Charitable Trust |
| During the year, the company entered into the following transactions with Immingham Industrial Estates Limited: |
| 2022 | 2021 |
| £ | £ |
| Sales | 221,767 | 79,585 |
| Accrued income at year end | - | 698 |
| Trade debtor at year end | 44,536 | - |
| Loan to Immingham Industrial Estates | 140,780 | 87,664 |
| The loan was interest free and repayable on demand. |
| Jonathan Dibdin |
| Director |
| At the balance sheet date, there was an interest free loan, repayable on demand, owing to Mr Dibdin of £9,322 (2021: £31,799). |
| The Christian Centre (Humberside) Limited |
| Charitable Company in which J Dibdin & C Barnett are trustees. |
| During the year, the company entered into the following transactions with The Christian Centre Humberside Limited: |
| 2021 | 2021 |
| £ | £ |
| Sales | 61,461 | 64,863 |
| Accrued income at year end | - | 2,851 |
| Trade debtor at year end | 24,481 | - |
| Loan from Christian Centre Humberside Limited | 21,941 | 125,141 |
| The loan was interest free and repayable on demand. |
| Middlegate Marketing Limited |
| Company in which J Dibdin and C Barnett are Directors. |
| During the year, the company entered into the following transactions with Middlegate Marketing Limited: |
| 2021 | 2021 |
| £ | £ |
| Bad debt provision | - | 9,050 |
| Park Farm Property Development Limited |
| Company in which J Dibdin and C Barnett are Directors. |
| During the year, the company entered into the following transactions with Park Farm Property Development Limited: |
| 2022 | 2021 |
| £ | £ |
| Bad debt provision/(recovered) | (800 | ) | 10,450 |
| D Dibdin Estate |
| Estate of the mother of J Dibdin & C Barnett |
| During the year, the company entered into the following transactions with the estate of D Dibdin: |
| 2022 | 2021 |
| £ | £ |
| Bad debt provision | 8,225 | 16,952 |
| John 14.2 Construction Limited (Registered number: 11107699) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2022 |
| J & VA Dibdin Limited |
| Company in which J Dibdin is a Director/Shareholder. |
| During the year, the company entered into the following transactions with J & VA Dibdin Limited: |
| 2022 | 2021 |
| £ | £ |
| Sales | 322 | 437 |
| Purchases | 8,400 | 8,400 |
| Trade debtors | 387 | - |
| Trade creditors | 298 | - |
| Loan to J & VA Dibdin Limited | 9,560 | 47,090 |
| The loan is interest free and repayable on demand. |
| South Bank Enterprises Limited |
| Company in which Mr M Dibdin (brother of J Dibdin & C Barnett) is a Director. |
| During the year the company paid consultancy of £28,500 (2021: £18,000) to South Bank Enterprises Limited. Included in trade creditors is an amount owed to South Bank Enterprises of £3,600 (2021: £3,600). |
| Pauline Seddon |
| Sister of J Dibdin & C Barnett |
| During the year the company paid consultancy of £18,000 (2021: £19,500) to Pauline Seddon. |
| 9. | ULTIMATE CONTROLLING PARTY |
| The controlling party is The Matt 6.3 Charitable Trust. |
| The ultimate controlling party is |
| The accounts for this company are included in the consolidated accounts prepared by the Matt 6.3 Charitable Trust, who's principal place of business is The Ice House, Victor Street, Grimsby, N E Lincolnshire, DN32 7QN. |