Jet Team Ltd 09789252 false 2023-03-01 2024-02-29 2024-02-29 The principal activity of the company is 51102 Digita Accounts Production Advanced 6.30.9574.0 true 09789252 2023-03-01 2024-02-29 09789252 2024-02-29 09789252 core:RetainedEarningsAccumulatedLosses 2024-02-29 09789252 core:ShareCapital 2024-02-29 09789252 core:FinancialAssetsDesignatedFairValueThroughProfitOrLoss core:Non-currentFinancialInstruments 2024-02-29 09789252 core:CurrentFinancialInstruments 2024-02-29 09789252 core:CurrentFinancialInstruments core:WithinOneYear 2024-02-29 09789252 core:FurnitureFittingsToolsEquipment 2024-02-29 09789252 core:MotorVehicles 2024-02-29 09789252 bus:SmallEntities 2023-03-01 2024-02-29 09789252 bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 09789252 bus:FullAccounts 2023-03-01 2024-02-29 09789252 bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 09789252 bus:RegisteredOffice 2023-03-01 2024-02-29 09789252 bus:Director1 2023-03-01 2024-02-29 09789252 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 09789252 core:FurnitureFittingsToolsEquipment 2023-03-01 2024-02-29 09789252 core:MotorVehicles 2023-03-01 2024-02-29 09789252 countries:EnglandWales 2023-03-01 2024-02-29 09789252 2023-02-28 09789252 core:FurnitureFittingsToolsEquipment 2023-02-28 09789252 core:MotorVehicles 2023-02-28 09789252 2022-03-01 2023-02-28 09789252 2023-02-28 09789252 core:RetainedEarningsAccumulatedLosses 2023-02-28 09789252 core:ShareCapital 2023-02-28 09789252 core:CurrentFinancialInstruments 2023-02-28 09789252 core:CurrentFinancialInstruments core:WithinOneYear 2023-02-28 09789252 core:FurnitureFittingsToolsEquipment 2023-02-28 09789252 core:MotorVehicles 2023-02-28 iso4217:GBP xbrli:pure

Registration number: 09789252

Jet Team Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 29 February 2024

 

Jet Team Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Jet Team Ltd

Company Information

Director

Mr Jonathan Richard Braid

Registered office

71-75 Shelton Street
Covent Garden
London
WC2H 9JQ

 

Jet Team Ltd

(Registration number: 09789252)
Balance Sheet as at 29 February 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

2

65,940

41,399

Other financial assets

3

62,755

61,292

 

128,695

102,691

Current assets

 

Debtors

4

5,109

18,246

Cash at bank and in hand

 

214,206

205,192

 

219,315

223,438

Creditors: Amounts falling due within one year

5

(37,722)

(70,055)

Net current assets

 

181,593

153,383

Net assets

 

310,288

256,074

Capital and reserves

 

Called up share capital

100

100

Retained earnings

310,188

255,974

Shareholders' funds

 

310,288

256,074

For the financial year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 19 September 2024
 

.........................................
Mr Jonathan Richard Braid
Director

 

Jet Team Ltd

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

1

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2023 - 2).

 

Jet Team Ltd

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024 (continued)

2

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Total
£

Cost or valuation

At 1 March 2023

9,515

46,047

55,562

Additions

822

62,679

63,501

Disposals

-

(46,047)

(46,047)

At 29 February 2024

10,337

62,679

73,016

Depreciation

At 1 March 2023

4,954

9,209

14,163

Charge for the year

1,077

1,045

2,122

Eliminated on disposal

-

(9,209)

(9,209)

At 29 February 2024

6,031

1,045

7,076

Carrying amount

At 29 February 2024

4,306

61,634

65,940

At 28 February 2023

4,561

36,838

41,399

3

Other financial assets (current and non-current)

Financial assets at fair value through profit and loss
£

Total
£

Non-current financial assets

Cost or valuation

At 1 March 2023

61,292

61,292

Additions

1,463

1,463

At 29 February 2024

62,755

62,755

Impairment

Carrying amount

At 29 February 2024

62,755

62,755

 

Jet Team Ltd

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024 (continued)

4

Debtors

Current

2024
£

2023
£

Trade debtors

3,752

14,866

Prepayments

1,015

68

Other debtors

342

3,312

 

5,109

18,246

5

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Trade creditors

 

25

32,924

Amounts owed to group undertakings and undertakings in which the company has a participating interest

5,079

4,935

Taxation and social security

 

12,388

12,374

Accruals and deferred income

 

336

121

Other creditors

 

19,894

19,701

 

37,722

70,055