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REGISTERED NUMBER: 02689123 (England and Wales)















Unaudited Financial Statements for the Year Ended 29th February 2024

for

JMC Engineering (UK) Ltd

JMC Engineering (UK) Ltd (Registered number: 02689123)






Contents of the Financial Statements
for the Year Ended 29th February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JMC Engineering (UK) Ltd

Company Information
for the Year Ended 29th February 2024







DIRECTOR: J McCulloch





SECRETARY: Mrs E McCulloch





REGISTERED OFFICE: 17 Farrington Way
Eastwood
Nottinghamshire
NG16 3BF





REGISTERED NUMBER: 02689123 (England and Wales)





ACCOUNTANTS: Noy & Partners Accountants Limited
17 Farrington Way
Eastwood
Nottingham
Nottinghamshire
NG16 3BF

JMC Engineering (UK) Ltd (Registered number: 02689123)

Balance Sheet
29th February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 14,475 -
Investments 5 50,001 50,001
64,476 50,001

CURRENT ASSETS
Debtors 6 23,517 247,951
Cash at bank 123,525 80,445
147,042 328,396
CREDITORS
Amounts falling due within one year 7 60,585 243,818
NET CURRENT ASSETS 86,457 84,578
TOTAL ASSETS LESS CURRENT
LIABILITIES

150,933

134,579

PROVISIONS FOR LIABILITIES 8 2,750 -
NET ASSETS 148,183 134,579

CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Retained earnings 147,183 133,579
SHAREHOLDERS' FUNDS 148,183 134,579

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29th February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29th February 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.

JMC Engineering (UK) Ltd (Registered number: 02689123)

Balance Sheet - continued
29th February 2024


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 5th September 2024 and were signed by:





J McCulloch - Director


JMC Engineering (UK) Ltd (Registered number: 02689123)

Notes to the Financial Statements
for the Year Ended 29th February 2024

1. STATUTORY INFORMATION

JMC Engineering (UK) 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

JMC Engineering (UK) Ltd (Registered number: 02689123)

Notes to the Financial Statements - continued
for the Year Ended 29th February 2024

4. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
Additions 19,300
At 29th February 2024 19,300
DEPRECIATION
Charge for year 4,825
At 29th February 2024 4,825
NET BOOK VALUE
At 29th February 2024 14,475

5. FIXED ASSET INVESTMENTS
Unlisted
investments
£   
COST
At 1st March 2023
and 29th February 2024 50,001
NET BOOK VALUE
At 29th February 2024 50,001
At 28th February 2023 50,001

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 16,365 242,580
Other debtors 7,152 5,371
23,517 247,951

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 46,589 190,150
Taxation and social security 6,067 34,374
Other creditors 7,929 19,294
60,585 243,818

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 2,750 -

JMC Engineering (UK) Ltd (Registered number: 02689123)

Notes to the Financial Statements - continued
for the Year Ended 29th February 2024

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Provided during year 2,750
Balance at 29th February 2024 2,750

9. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2024 2023
value: £    £   
1,000 Share capital 1 £1 1,000 1,000