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Company Registration No. 03292083 (England and Wales)
Jatech Limited Unaudited accounts for the year ended 31 January 2024
Jatech Limited Unaudited accounts Contents
Page
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Jatech Limited Company Information for the year ended 31 January 2024
Directors
Jeffrey Tyndall Joshua Nicholson
Company Number
03292083 (England and Wales)
Registered Office
Forge Enterprise Centre 3 Church Road West Huntspill Highbridge Somerset TA9 3RN
Accountants
Poolbridge Accountancy Limited Forge Enterprise Centre 3 Church Road, West Huntspill Highbridge Somerset TA9 3RN
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Jatech Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
16,627 
14,805 
Current assets
Debtors
89,357 
33,921 
Cash at bank and in hand
(590)
9,390 
88,767 
43,311 
Creditors: amounts falling due within one year
(64,776)
(49,423)
Net current assets/(liabilities)
23,991 
(6,112)
Total assets less current liabilities
40,618 
8,693 
Provisions for liabilities
Deferred tax
(4,156)
(3,234)
Net assets
36,462 
5,459 
Capital and reserves
Called up share capital
120 
120 
Capital redemption reserve
40 
40 
Profit and loss account
36,302 
5,299 
Shareholders' funds
36,462 
5,459 
For the year ending 31 January 2024 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 April 2024 and were signed on its behalf by
Jeffrey Tyndall Director Company Registration No. 03292083
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Jatech Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Jatech Limited is a private company, limited by shares, registered in England and Wales, registration number 03292083. The registered office is Forge Enterprise Centre, 3 Church Road West Huntspill, Highbridge, Somerset, TA9 3RN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing
Fixtures & fittings
15% Reducing
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Jatech Limited Notes to the Accounts for the year ended 31 January 2024
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2023
41,740 
12,390 
54,130 
Additions
5,312 
1,060 
6,372 
Disposals
- 
(499)
(499)
At 31 January 2024
47,052 
12,951 
60,003 
Depreciation
At 1 February 2023
36,917 
2,408 
39,325 
Charge for the year
2,534 
1,592 
4,126 
On disposals
- 
(75)
(75)
At 31 January 2024
39,451 
3,925 
43,376 
Net book value
At 31 January 2024
7,601 
9,026 
16,627 
At 31 January 2023
4,823 
9,982 
14,805 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
85,057 
33,054 
Accrued income and prepayments
4,150 
867 
Other debtors
150 
- 
89,357 
33,921 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
8,662 
7,043 
Taxes and social security
52,653 
17,300 
Other creditors
3,461 
2,700 
Accruals
- 
22,380 
64,776 
49,423 
7
Average number of employees
During the year the average number of employees was 4 (2023: 5).
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