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REGISTERED NUMBER: 10175396 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 August 2024

for

J Z Machinery UK Ltd

J Z Machinery UK Ltd (Registered number: 10175396)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 10

J Z Machinery UK Ltd

Company Information
for the Year Ended 31 August 2024







DIRECTOR: Mrs Y Zhan





REGISTERED OFFICE: Unit 6
First Floor Victoria Mansions
32-35 Hall Street
Birmingham
West Midlands
B18 6BS





REGISTERED NUMBER: 10175396 (England and Wales)





ACCOUNTANTS: Tomkinson Teal (Lichfield) LLP
Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD

J Z Machinery UK Ltd (Registered number: 10175396)

Balance Sheet
31 August 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 21,897 16,946
Investments 5 99 99
Investment property 6 3,009,275 2,900,000
3,031,271 2,917,045

CURRENT ASSETS
Stocks 245,000 245,000
Debtors 7 3,144,055 2,111,881
Cash at bank 504,623 1,851,700
3,893,678 4,208,581
CREDITORS
Amounts falling due within one year 8 (2,042,934 ) (2,347,124 )
NET CURRENT ASSETS 1,850,744 1,861,457
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,882,015

4,778,502

CAPITAL AND RESERVES
Called up share capital 9 100 100
Revaluation reserve 10 61,055 61,055
Retained earnings 4,820,860 4,717,347
SHAREHOLDERS' FUNDS 4,882,015 4,778,502

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

J Z Machinery UK Ltd (Registered number: 10175396)

Balance Sheet - continued
31 August 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.

The financial statements were approved by the director and authorised for issue on 27 March 2025 and were signed by:





Mrs Y Zhan - Director


J Z Machinery UK Ltd (Registered number: 10175396)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

J Z Machinery 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

There are no material departures from the standard.

Turnover
The turnover represents rent received from its tenants during the year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 33% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

J Z Machinery UK Ltd (Registered number: 10175396)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

2. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 September 2023 25,403 1,981 27,384
Additions 8,942 - 8,942
At 31 August 2024 34,345 1,981 36,326
DEPRECIATION
At 1 September 2023 8,507 1,931 10,438
Charge for year 3,941 50 3,991
At 31 August 2024 12,448 1,981 14,429
NET BOOK VALUE
At 31 August 2024 21,897 - 21,897
At 31 August 2023 16,896 50 16,946

During the year improvements to leasehold property were reclassified as investment property.

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 September 2023
and 31 August 2024 99
NET BOOK VALUE
At 31 August 2024 99
At 31 August 2023 99

J Z Machinery UK Ltd (Registered number: 10175396)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

6. INVESTMENT PROPERTY

Total
£
FAIR VALUE
Cost at 1 September 20232,838,946
Additions109,275
Valuation61,054
At 31 August 20243,009,275

If the investment property had not been revalued it would have been included at the following historical cost:

20242023
££
2,948,2212,838,946

Investment property was valued on an open market basis by the director on 31 August 2024 and this valuation has been included in these financial statements.

Cost or valuation at 31 August 2024 is represented by:
£   
Valuation in 2023 61,055
Cost 2,948,220
3,009,275

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 9,027 -
Other debtors 3,135,028 2,111,881
3,144,055 2,111,881

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 2,031,354 2,228,415
Taxation and social security 3,231 72,989
Other creditors 8,349 45,720
2,042,934 2,347,124

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 1 1
99 Ordinary A £1 99 99
100 100

J Z Machinery UK Ltd (Registered number: 10175396)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

9. CALLED UP SHARE CAPITAL - continued

The Ordinary shares of £1 each and "A" Ordinary shares of £1 each rank pari passu in all respects except for the purpose of declaring dividends.

10. RESERVES
Revaluation
reserve
£   
At 1 September 2023
and 31 August 2024 61,055

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 August 2024 and the period ended 31 August 2023:

2024 2023
£    £   
Mrs Y Zhan
Balance outstanding at start of year (38,121 ) 994,743
Amounts advanced 1,490,416 319,762
Amounts repaid (35,393 ) (1,352,626 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,416,902 (38,121 )

The balance outstanding at the year end in the sum of £1,416,902 was repaid in the subsequent financial year.

12. RELATED PARTY DISCLOSURES

Apex Investment (Water Street) Limited


A company of which the director of this company is a director and a shareholder.

2024 2023
£ £
Amount due by related party at the balance sheet date 24,512 24,512

The amount due is unsecured and has no specific terms regarding payment of interest. The amount due is payable on demand but the director has given her assurance that the amount payable will not be demanded until such time as Apex Investment (Water Street) Limited can afford to do so without detriment to its operating and working capital requirements.

J Z Machinery UK Ltd (Registered number: 10175396)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

12. RELATED PARTY DISCLOSURES - continued

AJ Antique Limited


A company of which the director and 100% shareholder is the husband of the director of this company.

2024 2023
£ £
Amount due by related party at the balance sheet date 22,000 22,000

The amount due is unsecured and has no specific terms regarding payment of interest. The amount due is payable on demand but the director has given her assurance that the amount payable will not be demanded until such time as AJ Antique Limited can afford to do so without detriment to its operating and working capital requirements.

WS Investments Limited


A company of which the director of this company is a director and shareholder.

2024 2023
£ £
Amount due by related party at the balance sheet date 757,023 757,023

The amount due is unsecured and has no specific terms regarding payment of interest. The amount due is payable on demand but the director has given her assurance that the amount payable will not be demanded until such time as WS Investments Limited can afford to do so without detriment to its operating and working capital requirements.

Apex Investment (St Pauls) Limited


A company of which the director of this company is a director and a shareholder.

2024 2023
£ £
Amount due by related party at the balance sheet date 639,355 639,355

The amount due is unsecured and has no specific terms regarding payment of interest. The amount due is payable on demand but the director has given her assurance that the amount payable will not be demanded until such time as Apex Investment (Water Street) Limited can afford to do so without detriment to its operating and working capital requirements.

J Z Machinery UK Ltd (Registered number: 10175396)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

12. RELATED PARTY DISCLOSURES - continued

W&E Property Limited


A company of which the director of this company is the sole director and shareholder.

2024 2023
£ £
Amount due by related party at the balance sheet date 144,162 144,162

The amount due is unsecured and has no specific terms regarding payment of interest. The amount due is payable on demand but the director has given her assurance that the amount payable will not be demanded until such time as W&E Property Limited can afford to do so without detriment to its operating and working capital requirements.

WLZ Investments Limited


A company of which the director of this company is the sole director and shareholder.

2024 2023
£ £
Amount due by related party at the balance sheet date 123,134 123,218

The amount due is unsecured and has no specific terms regarding payment of interest. The amount due is payable on demand but the director has given her assurance that the amount payable will not be demanded until such time as WLZ Investments Limited can afford to do so without detriment to its operating and working capital requirements.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
J Z Machinery UK Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of J Z Machinery UK Ltd for the year ended 31 August 2024 which comprise the Profit and Loss Account, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of J Z Machinery UK Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of J Z Machinery UK Ltd and state those matters that we have agreed to state to the director of J Z Machinery UK Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than J Z Machinery UK Ltd and its director for our work or for this report.

It is your duty to ensure that J Z Machinery UK Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of J Z Machinery UK Ltd. You consider that J Z Machinery UK Ltd 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 financial statements of J Z Machinery UK Ltd. 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 financial statements.






Tomkinson Teal (Lichfield) LLP
Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD


27 March 2025