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REGISTERED NUMBER: 04669492 (England and Wales)











Jst Fabrications Limited

Unaudited Financial Statements

for the Year Ended 31 March 2024






Jst Fabrications Limited (Registered number: 04669492)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


Jst Fabrications Limited

Company Information
for the Year Ended 31 March 2024







Director: A C Hambleton





Registered office: Mynshull House
78 Churchgate
Stockport
Cheshire
SK1 1YJ





Registered number: 04669492 (England and Wales)





Accountants: Warr & Co Limited
Chartered Accountants
Mynshull House
78 Churchgate
Stockport
Cheshire
SK1 1YJ

Jst Fabrications Limited (Registered number: 04669492)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £   
Fixed assets
Intangible assets 4 - -
Tangible assets 5 50,171 68,644
50,171 68,644

Current assets
Stocks 2,050 2,050
Debtors 6 62,345 78,139
Cash at bank 13,287 21,640
77,682 101,829
Creditors
Amounts falling due within one year 7 (65,679 ) (64,929 )
Net current assets 12,003 36,900
Total assets less current liabilities 62,174 105,544

Creditors
Amounts falling due after more than one
year

8

(6,634

)

(12,757

)

Provisions for liabilities (7,610 ) -
Net assets 47,930 92,787

Jst Fabrications Limited (Registered number: 04669492)

Balance Sheet - continued
31 March 2024

31.3.24 31.3.23
Notes £    £   
Capital and reserves
Called up share capital 100 100
Retained earnings 47,830 92,687
47,930 92,787

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

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 31 July 2024 and were signed by:





A C Hambleton - Director


Jst Fabrications Limited (Registered number: 04669492)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. Statutory information

Jst Fabrications 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of ten 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings - 10% on cost
Plant and machinery etc - 20% on cost and 10% on cost

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

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.


Jst Fabrications Limited (Registered number: 04669492)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. Accounting policies - continued
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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 9 (2023 - 8 ) .

4. Intangible fixed assets
Goodwill
£   
Cost
At 1 April 2023
and 31 March 2024 15,000
Amortisation
At 1 April 2023
and 31 March 2024 15,000
Net book value
At 31 March 2024 -
At 31 March 2023 -

Jst Fabrications Limited (Registered number: 04669492)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. Tangible fixed assets
Plant and
Land and machinery
buildings etc Totals
£    £    £   
Cost
At 1 April 2023 13,082 131,813 144,895
Additions - 778 778
At 31 March 2024 13,082 132,591 145,673
Depreciation
At 1 April 2023 - 76,251 76,251
Charge for year 1,308 17,943 19,251
At 31 March 2024 1,308 94,194 95,502
Net book value
At 31 March 2024 11,774 38,397 50,171
At 31 March 2023 13,082 55,562 68,644

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
Cost
At 1 April 2023
and 31 March 2024 29,300
Depreciation
At 1 April 2023 5,860
Charge for year 5,860
At 31 March 2024 11,720
Net book value
At 31 March 2024 17,580
At 31 March 2023 23,440

Jst Fabrications Limited (Registered number: 04669492)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. Debtors: amounts falling due within one year
31.3.24 31.3.23
£    £   
Trade debtors 55,646 72,571
Amounts owed by group undertakings 543 495
Other debtors 6,156 5,073
62,345 78,139

7. Creditors: amounts falling due within one year
31.3.24 31.3.23
£    £   
Hire purchase contracts 6,123 6,123
Trade creditors 26,932 35,781
Taxation and social security 22,143 15,355
Other creditors 10,481 7,670
65,679 64,929

8. Creditors: amounts falling due after more than one year
31.3.24 31.3.23
£    £   
Hire purchase contracts 6,634 12,757

9. Other financial commitments

At the year end the company had operating lease commitments totalling £40,316