JOINT VENTURE CONTRACTS LTD

JOINT VENTURE CONTRACTS LTD

JOINT VENTURE CONTRACTS LTD - Company Information

Print Friendly Version

JOINT VENTURE CONTRACTS LTD

Company Registration Number:
04567572 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

JOINT VENTURE CONTRACTS LTD

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

JOINT VENTURE CONTRACTS LTD

Balance sheet

As at 31 March 2023


Notes
2023
2022


£
£
Fixed assets
Tangible assets: 3 58,972 13,619
Total fixed assets: 58,972 13,619
Current assets
Stocks: 9,359 13,767
Debtors:   390,575 359,101
Cash at bank and in hand: 336,408 96,194
Total current assets: 736,342 469,062
Creditors: amounts falling due within one year:   (324,795) (226,340)
Net current assets (liabilities): 411,547 242,722
Total assets less current liabilities: 470,519 256,341
Creditors: amounts falling due after more than one year:   (18,871)
Total net assets (liabilities): 451,648 256,341
Capital and reserves
Called up share capital: 25 25
Profit and loss account: 451,623 256,316
Shareholders funds: 451,648 256,341

The notes form part of these financial statements

JOINT VENTURE CONTRACTS LTD

Balance sheet statements

For the year ending 31 March 2023 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 15 December 2023
and signed on behalf of the board by:

Name: Mark Haywood
Status: Director

The notes form part of these financial statements

JOINT VENTURE CONTRACTS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

JOINT VENTURE CONTRACTS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 5 5

JOINT VENTURE CONTRACTS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible Assets

Total
Cost £
At 01 April 2022 114,915
Additions 53,345
Disposals (14,581)
At 31 March 2023 153,679
Depreciation
At 01 April 2022 101,296
Charge for year 7,992
On disposals (14,581)
At 31 March 2023 94,707
Net book value
At 31 March 2023 58,972
At 31 March 2022 13,619

JOINT VENTURE CONTRACTS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Loans to directors

Name of director receiving advance or credit: Mark Haywood
Description of the loan: Repaid
£
Balance at 01 April 2022 33,589
Advances or credits repaid: 10,068
Balance at 31 March 2023 23,521