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REGISTERED NUMBER: SC579273 (Scotland)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

Jwc Plant Limited

Jwc Plant Limited (Registered number: SC579273)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Jwc Plant Limited

Company Information
for the Year Ended 31 October 2023







DIRECTOR: J W Cumming





SECRETARY:





REGISTERED OFFICE: 84 Main Street
Broadsea
Fraserburgh
Aberdeenshire
AB43 9RT





REGISTERED NUMBER: SC579273 (Scotland)





ACCOUNTANTS: Add Accountancy Limited
6 Market Square
Oldmeldrum
Aberdeenshire
AB51 0AA

Jwc Plant Limited (Registered number: SC579273)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 85,041 93,463

CURRENT ASSETS
Stocks 1,000 15,100
Debtors 5 1,147 1,041
Cash at bank 42,897 17,988
45,044 34,129
CREDITORS
Amounts falling due within one year 6 84,713 96,283
NET CURRENT LIABILITIES (39,669 ) (62,154 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

45,372

31,309

CREDITORS
Amounts falling due after more than one year 7 5,333 7,333
NET ASSETS 40,039 23,976

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 39,039 22,976
SHAREHOLDERS' FUNDS 40,039 23,976

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

Jwc Plant Limited (Registered number: SC579273)

Balance Sheet - continued
31 October 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 29 July 2024 and were signed by:





J W Cumming - Director


Jwc Plant Limited (Registered number: SC579273)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

Jwc Plant Limited is a private company, limited by shares , registered in Scotland. 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.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

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.

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

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 1 ).

Jwc Plant Limited (Registered number: SC579273)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022 133,139
Additions 1,831
At 31 October 2023 134,970
DEPRECIATION
At 1 November 2022 39,676
Charge for year 10,253
At 31 October 2023 49,929
NET BOOK VALUE
At 31 October 2023 85,041
At 31 October 2022 93,463

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 1,147 1,041

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Hire purchase contracts - 13,069
Trade creditors 1 -
Taxation and social security 9,400 8,212
Other creditors 75,312 75,002
84,713 96,283

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.23 31.10.22
£    £   
Other creditors 5,333 7,333