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REGISTERED NUMBER: 08201055 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2018

for

JGC Trading Limited

JGC Trading Limited (Registered number: 08201055)






Contents of the Financial Statements
for the Year Ended 30 September 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JGC Trading Limited

Company Information
for the Year Ended 30 September 2018







DIRECTOR: J G Chadd





REGISTERED OFFICE: Unit 6
Bencewell Farm Bus. Centre
Oakley Road
Bromley
Kent
BR2 8HG





REGISTERED NUMBER: 08201055 (England and Wales)





ACCOUNTANTS: Thornton Springer LLP
Chartered Accountants
67 Westow Street
Upper Norwood
London
SE19 3RW

JGC Trading Limited (Registered number: 08201055)

Balance Sheet
30 September 2018

30.9.18 30.9.17
Notes £    £   
FIXED ASSETS
Tangible assets 4 161,081 103,885
Investment property 5 965,560 900,000
1,126,641 1,003,885

CURRENT ASSETS
Stocks 2,185,932 3,503,153
Debtors 6 467,437 294,182
Cash at bank and in hand 407,815 382,738
3,061,184 4,180,073
CREDITORS
Amounts falling due within one year 7 (2,159,365 ) (3,548,110 )
NET CURRENT ASSETS 901,819 631,963
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,028,460

1,635,848

CREDITORS
Amounts falling due after more than one
year

8

(729,414

)

(769,830

)

PROVISIONS FOR LIABILITIES (85,000 ) (94,114 )
NET ASSETS 1,214,046 771,904

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 385,574 376,460
Retained earnings 828,372 395,344
SHAREHOLDERS' FUNDS 1,214,046 771,904

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2018 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.

JGC Trading Limited (Registered number: 08201055)

Balance Sheet - continued
30 September 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 on 12 November 2018 and were signed by:





J G Chadd - Director


JGC Trading Limited (Registered number: 08201055)

Notes to the Financial Statements
for the Year Ended 30 September 2018

1. STATUTORY INFORMATION

JGC Trading 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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 - 10% on cost
Fixtures and fittings - 15% on cost
Motor vehicles - 25% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in
fair value is recognised in profit or loss.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

JGC Trading Limited (Registered number: 08201055)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2018

2. ACCOUNTING POLICIES - continued

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 28 (2017 - 18 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 October 2017 13,866 90,332 24,107 128,305
Additions 11,243 75,971 - 87,214
At 30 September 2018 25,109 166,303 24,107 215,519
DEPRECIATION
At 1 October 2017 1,285 11,487 11,648 24,420
Charge for year 1,590 22,239 6,189 30,018
At 30 September 2018 2,875 33,726 17,837 54,438
NET BOOK VALUE
At 30 September 2018 22,234 132,577 6,270 161,081
At 30 September 2017 12,581 78,845 12,459 103,885

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2017 900,000
Additions 65,560
At 30 September 2018 965,560
NET BOOK VALUE
At 30 September 2018 965,560
At 30 September 2017 900,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.18 30.9.17
£    £   
Trade debtors 332,150 290,030
Other debtors 135,287 4,152
467,437 294,182

JGC Trading Limited (Registered number: 08201055)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2018

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.18 30.9.17
£    £   
Bank loans and overdrafts 49,776 16,000
Hire purchase contracts 17,785 20,264
Trade creditors 1,185,202 514,271
Taxation and social security 235,877 68,309
Other creditors 670,725 2,929,266
2,159,365 3,548,110

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.18 30.9.17
£    £   
Bank loans 527,791 233,426
Hire purchase contracts - 100,383
Other creditors 201,623 436,021
729,414 769,830

Amounts falling due in more than five years:

Repayable by instalments
Bank loans over 5 years by instalments - 185,426