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REGISTERED NUMBER: 04897960 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023

FOR

JRC FACILITIES LTD

JRC FACILITIES LTD (REGISTERED NUMBER: 04897960)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JRC FACILITIES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2023







DIRECTORS: Mr J E Ridley
Miss E F Ball
Mr M Beggs
Mr S H Lewington





REGISTERED OFFICE: 4 Spur Road
Cosham
Portsmouth
Hampshire
PO6 3EB





REGISTERED NUMBER: 04897960 (England and Wales)





ACCOUNTANTS: AMR Bookkeeping & Accounts Limited
4 Spur Road
Cosham
PORTSMOUTH
Hampshire
PO6 3EB

JRC FACILITIES LTD (REGISTERED NUMBER: 04897960)

BALANCE SHEET
30 SEPTEMBER 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 15,000 15,000
Tangible assets 5 1,009,205 293,829
Investments 6 280,318 -
1,304,523 308,829

CURRENT ASSETS
Stocks 7 671,628 1,102,268
Debtors 8 3,931,660 3,630,463
Cash at bank 1,686,775 460,406
6,290,063 5,193,137
CREDITORS
Amounts falling due within one year 9 4,665,682 2,943,231
NET CURRENT ASSETS 1,624,381 2,249,906
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,928,904

2,558,735

CREDITORS
Amounts falling due after more than one year 10 453,724 355,569
NET ASSETS 2,475,180 2,203,166

CAPITAL AND RESERVES
Called up share capital 40,000 40,000
Retained earnings 2,435,180 2,163,166
SHAREHOLDERS' FUNDS 2,475,180 2,203,166

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 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.

JRC FACILITIES LTD (REGISTERED NUMBER: 04897960)

BALANCE SHEET - continued
30 SEPTEMBER 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 Board of Directors and authorised for issue on 7 March 2024 and were signed on its behalf by:





Mr J E Ridley - Director


JRC FACILITIES LTD (REGISTERED NUMBER: 04897960)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023


1. STATUTORY INFORMATION

JRC Facilities Ltd 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 20% on cost
Tooling and development - 20% on cost
Motor vehicles - 20% on cost
Office Equipment - 33% on cost

Investments in associates
Investments in associate undertakings are recognised at cost.

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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 38 (2022 - 32 ) .

JRC FACILITIES LTD (REGISTERED NUMBER: 04897960)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2022
and 30 September 2023 15,000
NET BOOK VALUE
At 30 September 2023 15,000
At 30 September 2022 15,000

5. TANGIBLE FIXED ASSETS
Tooling
Plant and and Motor Office
machinery development vehicles Equipment Totals
£    £    £    £    £   
COST
At 1 October 2022 206,706 2,455 399,330 26,409 634,900
Additions 434,843 - 438,415 13,571 886,829
Disposals - - (10,000 ) - (10,000 )
At 30 September 2023 641,549 2,455 827,745 39,980 1,511,729
DEPRECIATION
At 1 October 2022 126,365 2,455 195,889 16,362 341,071
Charge for year 72,745 - 77,531 11,177 161,453
At 30 September 2023 199,110 2,455 273,420 27,539 502,524
NET BOOK VALUE
At 30 September 2023 442,439 - 554,325 12,441 1,009,205
At 30 September 2022 80,341 - 203,441 10,047 293,829

6. FIXED ASSET INVESTMENTS
Interest
in
associate
£   
COST
Additions 280,318
At 30 September 2023 280,318
NET BOOK VALUE
At 30 September 2023 280,318

JRC FACILITIES LTD (REGISTERED NUMBER: 04897960)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023


7. STOCKS
30.9.23 30.9.22
£    £   
Stocks 5,000 25,000
Work-in-progress 666,628 633,355
Retentions - 443,913
671,628 1,102,268

8. DEBTORS
30.9.23 30.9.22
£    £   
Amounts falling due within one year:
Trade debtors 1,107,509 2,622,124
Other debtors 2,282,570 716,420
VAT 431,611 199,712
Prepayments and accrued income 40,424 30,609
3,862,114 3,568,865

Amounts falling due after more than one year:
Staff loans 29,548 21,600
Called up share capital not paid 39,998 39,998
69,546 61,598

Aggregate amounts 3,931,660 3,630,463

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Bank loans and overdrafts 66,416 75,721
Hire purchase contracts 156,151 26,685
Trade creditors 2,529,524 1,545,529
Tax 509,884 276,722
Social security and other taxes 536,422 82,423
Other creditors 3,565 8,500
Credit card 109,949 64,963
Natwest credit card 1,936 30
Accruals and deferred income 704,365 834,132
Accrued expenses 47,470 28,526
4,665,682 2,943,231

JRC FACILITIES LTD (REGISTERED NUMBER: 04897960)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023


10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.23 30.9.22
£    £   
Bank loans - more than 1 year 255,350 321,767
Hire purchase contracts 198,374 33,802
453,724 355,569