JT DISTRIBUTION LIMITED

Company Registration Number:
11256801 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2022

Period of accounts

Start date: 1 April 2021

End date: 31 March 2022

JT DISTRIBUTION LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2022

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

JT DISTRIBUTION LIMITED

Directors' report period ended 31 March 2022

The directors present their report with the financial statements of the company for the period ended 31 March 2022

Directors

The director shown below has held office during the whole of the period from
1 April 2021 to 31 March 2022

James Tanner


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
22 August 2022

And signed on behalf of the board by:
Name: James Tanner
Status: Director

JT DISTRIBUTION LIMITED

Profit And Loss Account

for the Period Ended 31 March 2022

2022 2021


£

£
Turnover: 2,849,412 1,493,922
Cost of sales: ( 1,647,593 ) ( 827,495 )
Gross profit(or loss): 1,201,819 666,427
Distribution costs: ( 124,658 ) ( 105,873 )
Administrative expenses: ( 301,237 ) ( 253,847 )
Operating profit(or loss): 775,924 306,707
Profit(or loss) before tax: 775,924 306,707
Tax: ( 143,921 ) ( 58,274 )
Profit(or loss) for the financial year: 632,003 248,433

JT DISTRIBUTION LIMITED

Balance sheet

As at 31 March 2022

Notes 2022 2021


£

£
Fixed assets
Tangible assets: 3 728,013 434,569
Investments: 4 325,000
Total fixed assets: 1,053,013 434,569
Current assets
Stocks: 5 501,784 263,972
Debtors: 6 401,473 335,392
Cash at bank and in hand: 267,019 113,729
Total current assets: 1,170,276 713,093
Creditors: amounts falling due within one year: 7 ( 235,661 ) ( 92,036 )
Net current assets (liabilities): 934,615 621,057
Total assets less current liabilities: 1,987,628 1,055,626
Total net assets (liabilities): 1,987,628 1,055,626
Capital and reserves
Called up share capital: 300,000 1
Profit and loss account: 1,687,628 1,055,625
Total Shareholders' funds: 1,987,628 1,055,626

The notes form part of these financial statements

JT DISTRIBUTION LIMITED

Balance sheet statements

For the year ending 31 March 2022 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.

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

This report was approved by the board of directors on 18 August 2022
and signed on behalf of the board by:

Name: James Tanner
Status: Director

The notes form part of these financial statements

JT DISTRIBUTION LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

JT DISTRIBUTION LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

  • 2. Employees

    2022 2021
    Average number of employees during the period 9 7

JT DISTRIBUTION LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2021 117,490 106,564 67,963 59,861 144,393 496,271
Additions 139,138 75,940 32,845 17,482 96,203 361,608
Disposals
Revaluations
Transfers
At 31 March 2022 256,628 182,504 100,808 77,343 240,596 857,879
Depreciation
At 1 April 2021 10,656 10,195 11,972 28,879 61,702
Charge for year 9,984 12,439 11,821 33,920 68,164
On disposals
Other adjustments
At 31 March 2022 20,640 22,634 23,793 62,799 129,866
Net book value
At 31 March 2022 256,628 161,864 78,174 53,550 177,797 728,013
At 31 March 2021 117,490 95,908 57,768 47,889 115,514 434,569

JT DISTRIBUTION LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

4. Fixed assets investments note

Investments are in the Buy to let market.

JT DISTRIBUTION LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

5. Stocks

2022 2021
£ £
Stocks 501,784 263,972
Total 501,784 263,972

JT DISTRIBUTION LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

6. Debtors

2022 2021
£ £
Trade debtors 401,473 335,392
Total 401,473 335,392

JT DISTRIBUTION LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

7. Creditors: amounts falling due within one year note

2022 2021
£ £
Trade creditors 91,740 33,762
Taxation and social security 143,921 58,274
Total 235,661 92,036