Company Registration No. 12463303 (England and Wales)
JST Developments Limited
Unaudited accounts
for the year ended 29 February 2024
JST Developments Limited
Unaudited accounts
Contents
JST Developments Limited
Company Information
for the year ended 29 February 2024
Directors
I Jarratt
C Sunderland
Company Number
12463303 (England and Wales)
Registered Office
9 Park Field
Markyate
St. Albans
AL3 8RB
United Kingdom
Accountants
Taxsense
203 West Street
Fareham
Hants
PO16 0EN
JST Developments Limited
Accountants' report
Accountants' report to the board of directors of JST Developments Limited on the preparation of the unaudited statutory accounts for the year ended 29 February 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
JST Developments Limited for the year ended
29 February 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of JST Developments Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of JST Developments Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than JST Developments Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that JST Developments Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of JST Developments Limited. You consider that JST Developments Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of JST Developments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Taxsense
203 West Street
Fareham
Hants
PO16 0EN
10 December 2024
JST Developments Limited
Statement of financial position
as at 29 February 2024
Inventories
423,201
423,200
Cash at bank and in hand
59,183
56,558
Creditors: amounts falling due within one year
(205,053)
(195,741)
Net current assets
279,060
292,331
Total assets less current liabilities
279,060
292,331
Creditors: amounts falling due after more than one year
(298,955)
(306,390)
Net liabilities
(19,895)
(14,059)
Called up share capital
3
3
Profit and loss account
(19,898)
(14,062)
Shareholders' funds
(19,895)
(14,059)
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 December 2024 and were signed on its behalf by
I Jarratt
Director
Company Registration No. 12463303
JST Developments Limited
Notes to the Accounts
for the year ended 29 February 2024
JST Developments Limited is a private company, limited by shares, registered in England and Wales, registration number 12463303. The registered office is 9 Park Field, Markyate, St. Albans, AL3 8RB, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,056
18,648
Trade creditors
28,746
26,934
Loans from directors
162,313
146,549
6
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
298,955
306,390
Allotted, called up and fully paid:
3 Ordinary shares of £1 each
3
3
JST Developments Limited
Notes to the Accounts
for the year ended 29 February 2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director Loan Account
(148,030)
(61,112)
(15,000)
(194,142)
Director Loan Account
1,229
-
(15,000)
16,229
Director Loan Account
250
-
(15,350)
15,600
(146,551)
(61,112)
(45,350)
(162,313)
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).