L J W Construction (Nottingham) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 11939796 (England and Wales)

Unaudited Financial Statements for the Year Ended 30th April 2022

for

L J W Construction (Nottingham) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

L J Whitchurch

REGISTERED OFFICE:

1 Roxton Court

Kimberley

Nottinghamshire

NG16 2TE

REGISTERED NUMBER:

11939796 (England and Wales)

ACCOUNTANTS:

Noy & Partners Accountants Limited

17 Farrington Way

Eastwood

Nottingham

Nottinghamshire

NG16 3BF

CURRENT ASSETS

Stocks

4,418

6,141

Debtors

4

44,690

25,348

Cash at bank

2,012

16

51,120

31,505

CREDITORS

Amounts falling due within one year

5

46,997

24,047

NET CURRENT ASSETS

4,123

7,458

TOTAL ASSETS LESS CURRENT LIABILITIES

4,123

7,458

CREDITORS

Amounts falling due after more than one year

6

602

4,167

NET ASSETS

3,521

3,291

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

3,421

3,191

SHAREHOLDERS' FUNDS

3,521

3,291

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 21st December 2022 and were signed by:

L J Whitchurch - Director

1.	STATUTORY INFORMATION

L J W Construction (Nottingham) 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.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 1 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Other debtors

44,690

25,348

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Bank loans and overdrafts (see note 7)

1,800

833

Trade creditors

2,914

-

Taxation and social security

35,903

16,121

Other creditors

6,380

7,093

46,997

24,047

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2022

2021

£

£

Bank loans (see note 7)

602

4,167

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

167

7.

LOANS

An analysis of the maturity of loans is given below:

2022

2021

£

£

Amounts falling due within one year or on demand:

Bank loans

1,800

833

Amounts falling due between two and five years:

Bank loans - 2-5 years

602

4,000

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

167

8.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2022

2021

value:

£

£

100

Share capital 1

£1

100

100