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REGISTERED NUMBER: 07947435 (England and Wales)















JCT ELECTRICAL TECHNOLOGY LIMITED

FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023






JCT ELECTRICAL TECHNOLOGY LIMITED (REGISTERED NUMBER: 07947435)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JCT ELECTRICAL TECHNOLOGY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTOR: D S Morton





REGISTERED OFFICE: 7 Sutherland Street
c/o C Todd & Co
Sheffield
South Yorkshire
S4 7WG





REGISTERED NUMBER: 07947435 (England and Wales)





ACCOUNTANTS: C Todd & Co
Chartered Certified Accountant
7 Sutherland Street
Sheffield
South Yorkshire
S4 7WG

JCT ELECTRICAL TECHNOLOGY LIMITED (REGISTERED NUMBER: 07947435)

BALANCE SHEET
28 FEBRUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible Fixed Assets 4 575 765

CURRENT ASSETS
Stocks 5 500 500
Debtors 6 491 497
Cash at bank 54,182 78,012
55,173 79,009
CREDITORS
Amounts falling due within one year 7 847 18,239
NET CURRENT ASSETS 54,326 60,770
TOTAL ASSETS LESS CURRENT
LIABILITIES

54,901

61,535

CAPITAL AND RESERVES
Called up Share Capital 1 1
Retained earnings 54,900 61,534
SHAREHOLDERS' FUNDS 9 54,901 61,535

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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.

JCT ELECTRICAL TECHNOLOGY LIMITED (REGISTERED NUMBER: 07947435)

BALANCE SHEET - continued
28 FEBRUARY 2023


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 21 November 2023 and were signed by:





D S Morton - Director


JCT ELECTRICAL TECHNOLOGY LIMITED (REGISTERED NUMBER: 07947435)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023


1. STATUTORY INFORMATION

JCT Electrical Technology 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.
Motor Vehicles - 25% on Reducing Balance Basis

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Motor
Vehicles
£   
COST
At 1 March 2022
and 28 February 2023 4,250
DEPRECIATION
At 1 March 2022 3,485
Charge for year 190
At 28 February 2023 3,675
NET BOOK VALUE
At 28 February 2023 575
At 28 February 2022 765

JCT ELECTRICAL TECHNOLOGY LIMITED (REGISTERED NUMBER: 07947435)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023


5. STOCKS
2023 2022
£    £   
Closing Stock 500 500

6. DEBTORS LESS THAN ONE YEAR
2023 2022
£    £   
VAT 491 497

7. CREDITORS LESS THAN ONE YEAR
2023 2022
£    £   
Directors Current Accounts 847 17,239
Accruals - 1,000
847 18,239

8. ULTIMATE CONTROLLING PARTY

The controlling party is D S Morton.

The ultimate controlling party is D S Morton.

9. RECONCILIATION OF MOVEMENTS IN SHAREHOLDERS' FUNDS
2023 2022
£    £   
Loss for the financial year (1,634 ) (8,606 )
Dividends (5,000 ) (4,500 )
(6,634 ) (13,106 )
Opening Shareholders Funds - 74,641
Net (reduction)/addition to shareholders' funds (6,634 ) 61,535
Opening shareholders' funds 61,535 -
Closing shareholders' funds 54,901 61,535