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REGISTERED NUMBER: 09519396 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2022

for

JT Beer Limited

JT Beer Limited (Registered number: 09519396)






Contents of the Financial Statements
for the Year Ended 31 March 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JT Beer Limited

Company Information
for the Year Ended 31 March 2022







DIRECTORS: J T Beer
Mrs N Beer





REGISTERED OFFICE: Oriel House
Portsmouth Road
Thames Ditton
Surrey
KT7 0TQ





REGISTERED NUMBER: 09519396 (England and Wales)





ACCOUNTANTS: Stone Balance Accounting Ltd
10 Croft Avenue
Dorking
Surrey
RH4 1LN

JT Beer Limited (Registered number: 09519396)

Balance Sheet
31 March 2022

2022 2021
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,287 1,040

CURRENT ASSETS
Debtors 5 - 56
Cash at bank 87,760 140,281
87,760 140,337
CREDITORS
Amounts falling due within one year 6 (37,814 ) (48,882 )
NET CURRENT ASSETS 49,946 91,455
TOTAL ASSETS LESS CURRENT
LIABILITIES

51,233

92,495

CREDITORS
Amounts falling due after more than
one year

7

-

(36,662

)

PROVISIONS FOR LIABILITIES 8 (245 ) (197 )
NET ASSETS 50,988 55,636

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 50,888 55,536
SHAREHOLDERS' FUNDS 50,988 55,636

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

JT Beer Limited (Registered number: 09519396)

Balance Sheet - continued
31 March 2022


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 September 2022 and were signed on its behalf by:





J T Beer - Director


JT Beer Limited (Registered number: 09519396)

Notes to the Financial Statements
for the Year Ended 31 March 2022

1. STATUTORY INFORMATION

JT Beer 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Government grants
The company has applied the accruals model in accounting for amounts relating to revenue based grants received in the year. The amount reflected in the accounts for year end 31 March 2022 is £189 (£808 last year) in respect government contribution to interest due on a Bounce Back loan and is disclosed within 'Other Income'.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

JT Beer Limited (Registered number: 09519396)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2021 - 1,446 1,446
Additions 771 - 771
At 31 March 2022 771 1,446 2,217
DEPRECIATION
At 1 April 2021 - 406 406
Charge for year 47 477 524
At 31 March 2022 47 883 930
NET BOOK VALUE
At 31 March 2022 724 563 1,287
At 31 March 2021 - 1,040 1,040

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Other debtors - 56

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts - 3,338
Tax 34,778 34,446
Social security and other taxes 64 -
Directors' current accounts 1,772 9,976
Accrued expenses 1,200 1,122
37,814 48,882

JT Beer Limited (Registered number: 09519396)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2022 2021
£    £   
Bank loans - 1-2 years - 4,098
Bank loans - 2-5 years - 12,926
Bank loans more 5 yr by instal - 19,638
- 36,662

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 19,638

8. PROVISIONS FOR LIABILITIES
2022 2021
£    £   
Deferred tax 245 197

Deferred
tax
£   
Balance at 1 April 2021 197
Charge to Statement of Income and Retained Earnings
during year

48
Balance at 31 March 2022 245

9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
100 Ordinary £1 100 100