JT DISTRIBUTION LIMITED

Company Registration Number:
11256801 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2023

Period of accounts

Start date: 1 April 2022

End date: 30 April 2023

JT DISTRIBUTION LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

JT DISTRIBUTION LIMITED

Profit And Loss Account

for the Period Ended 30 April 2023

13 months to 30 April 2023 2022


£

£
Turnover: 4,243,981 2,849,412
Cost of sales: ( 2,598,678 ) ( 1,647,593 )
Gross profit(or loss): 1,645,303 1,201,819
Distribution costs: ( 219,667 ) ( 124,658 )
Administrative expenses: ( 400,891 ) ( 301,237 )
Operating profit(or loss): 1,024,745 775,924
Profit(or loss) before tax: 1,024,745 775,924
Tax: ( 194,701 ) ( 143,921 )
Profit(or loss) for the financial year: 830,044 632,003

JT DISTRIBUTION LIMITED

Balance sheet

As at 30 April 2023

Notes 13 months to 30 April 2023 2022


£

£
Fixed assets
Tangible assets: 3 1,021,557 728,013
Investments: 4 325,000 325,000
Total fixed assets: 1,346,557 1,053,013
Current assets
Stocks: 5 871,740 501,784
Debtors: 6 525,985 401,473
Cash at bank and in hand: 397,545 267,019
Total current assets: 1,795,270 1,170,276
Creditors: amounts falling due within one year: 7 ( 324,155 ) ( 235,661 )
Net current assets (liabilities): 1,471,115 934,615
Total assets less current liabilities: 2,817,672 1,987,628
Total net assets (liabilities): 2,817,672 1,987,628
Capital and reserves
Called up share capital: 300,000 300,000
Profit and loss account: 2,517,672 1,687,628
Total Shareholders' funds: 2,817,672 1,987,628

The notes form part of these financial statements

JT DISTRIBUTION LIMITED

Balance sheet statements

For the year ending 30 April 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.

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 30 January 2024
and signed on behalf of the board by:

Name: MR JAMES TANNER
Status: Director

The notes form part of these financial statements

JT DISTRIBUTION LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

  • 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 30 April 2023

  • 2. Employees

    13 months to 30 April 2023 2022
    Average number of employees during the period 12 9

JT DISTRIBUTION LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2022 256,628 182,504 100,808 77,343 240,596 857,879
Additions 231,500 52,515 35,778 22,559 94,807 437,159
Disposals
Revaluations
Transfers
At 30 April 2023 488,128 235,019 136,586 99,902 335,403 1,295,038
Depreciation
At 1 April 2022 20,640 22,634 23,793 62,799 129,866
Charge for year 25,485 27,317 18,719 72,094 143,615
On disposals
Other adjustments
At 30 April 2023 46,125 49,951 42,512 134,893 273,481
Net book value
At 30 April 2023 488,128 188,894 86,635 57,390 200,510 1,021,557
At 31 March 2022 256,628 161,864 78,174 53,550 177,797 728,013

JT DISTRIBUTION LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

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 30 April 2023

5. Stocks

13 months to 30 April 2023 2022
£ £
Stocks 871,740 501,784
Total 871,740 501,784

JT DISTRIBUTION LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

6. Debtors

13 months to 30 April 2023 2022
£ £
Trade debtors 525,985 401,473
Total 525,985 401,473

JT DISTRIBUTION LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

7. Creditors: amounts falling due within one year note

13 months to 30 April 2023 2022
£ £
Trade creditors 129,454 91,740
Taxation and social security 194,701 143,921
Total 324,155 235,661