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REGISTERED NUMBER: 13568433 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 16 AUGUST 2021 TO 31 AUGUST 2022

FOR

JTC SERVICES GROUP LTD

JTC SERVICES GROUP LTD (REGISTERED NUMBER: 13568433)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 16 AUGUST 2021 TO 31 AUGUST 2022










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


JTC SERVICES GROUP LTD

COMPANY INFORMATION
FOR THE PERIOD 16 AUGUST 2021 TO 31 AUGUST 2022







DIRECTOR: J T Curran





REGISTERED OFFICE: Suite 42 792 Wilmslow Road
Didsbury
Manchester
United Kingdom
M20 6UG





REGISTERED NUMBER: 13568433 (England and Wales)





ACCOUNTANTS: Sedulo Accountants Limited
Chartered Certified Accountants
62-66 Deansgate
Manchester
M3 2EN

JTC SERVICES GROUP LTD (REGISTERED NUMBER: 13568433)

BALANCE SHEET
31 AUGUST 2022

Notes £   
CURRENT ASSETS
Debtors 4 133,042
Cash at bank and in hand 2,783
135,825
CREDITORS
Amounts falling due within one year 5 57,253
NET CURRENT ASSETS 78,572
TOTAL ASSETS LESS CURRENT LIABILITIES 78,572

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 78,472
78,572

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2022 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 27 August 2024 and were signed by:





J T Curran - Director


JTC SERVICES GROUP LTD (REGISTERED NUMBER: 13568433)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 16 AUGUST 2021 TO 31 AUGUST 2022


1. STATUTORY INFORMATION

Jtc Services Group 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 Section1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The principal accounting policies adopted are set out below.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation
Taxation for the period 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 period 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 period was 1 .

JTC SERVICES GROUP LTD (REGISTERED NUMBER: 13568433)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 16 AUGUST 2021 TO 31 AUGUST 2022


4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed by group undertakings 133,042

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 1,580
Other creditors 55,673
57,253

6. FINANCIAL INSTRUMENTS

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS102 to all of its financial statements.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which includes debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less, if not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest rate method.

JTC SERVICES GROUP LTD (REGISTERED NUMBER: 13568433)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 16 AUGUST 2021 TO 31 AUGUST 2022


7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included within other creditors is an amount owed to the director of £53,673.

The loan is interest free with no fixed repayment terms.

8. RELATED PARTY DISCLOSURES

At the year end, a total balance of £133,042 is due from companies with common directorship.