Company registration number: 07947435
Unaudited financial statements
for the period ended 28 February 2024
for
JCT Electrical Technology Limited
Pages for filing with the Registrar
Company registration number: 07947435
JCT Electrical Technology Limited
Balance sheet
as at 28 February 2024
28 Feb 24 28 Feb 23
Note £ £ £ £
Fixed assets
Tangible assets 4 32,398 575
32,398 575
Current assets
Stocks 500 500
Debtors 5,699 491
Cash at bank and in hand 29,151 54,182
35,350 55,173
Creditors: amounts falling due within
one year
(1,258) (847)
Net current assets 34,092 54,326
Total assets less current liabilities 66,490 54,901
NET ASSETS 66,490 54,901
Capital and reserves
Called up share capital 1 1
Profit and loss account 66,489 54,900
TOTAL EQUITY 66,490 54,901
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the period ended 28 February 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 07947435
JCT Electrical Technology Limited
Balance sheet - continued
as at 28 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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr D Morton, Director
1 October 2024
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JCT Electrical Technology Limited
Notes to the financial statements
for the period ended 28 February 2024
1 Company information
The company is registered in England and Wales. Its registered number is 07947435. The company is limited by shares. Its registered office is Eckington Business Centre, 62 Market Street, Sheffield, South Yorkshire, S21 4JH.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Motor Vehicles - 25% reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
3 Average number of employees
During the period the average number of employees was 3 (2023 - 3).
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JCT Electrical Technology Limited
Notes to the financial statements - continued
for the period ended 28 February 2024
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 March 2023 4,250
Additions 31,963
At 28 February 2024 36,213
Depreciation
At 1 March 2023 3,675
Charge for period 140
At 28 February 2024 3,815
Net book value
At 28 February 2024 32,398
At 28 February 2023 575
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