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REGISTERED NUMBER: 12129711 (England and Wales)















Financial Statements for the Year Ended 31 July 2024

for

JTL Transport Limited

JTL Transport Limited (Registered number: 12129711)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JTL Transport Limited

Company Information
for the Year Ended 31 July 2024







DIRECTOR: Mrs Shinderpal Kaur Khehra





REGISTERED OFFICE: Unit 4 Singh Estate
Morgan Close
Willenhall
United Kingdom
WV12 4LH





REGISTERED NUMBER: 12129711 (England and Wales)






JTL Transport Limited (Registered number: 12129711)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 49,380 43,179

CURRENT ASSETS
Cash at bank 29,573 22,294

CREDITORS
Amounts falling due within one year 5 (9,675 ) (6,804 )
NET CURRENT ASSETS 19,898 15,490
TOTAL ASSETS LESS CURRENT
LIABILITIES

69,278

58,669

CREDITORS
Amounts falling due after more than
one year

6

(2,700

)

(5,694

)

PROVISIONS FOR LIABILITIES (12,345 ) (8,204 )
NET ASSETS 54,233 44,771

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 54,232 44,770
SHAREHOLDERS' FUNDS 54,233 44,771

JTL Transport Limited (Registered number: 12129711)

Balance Sheet - continued
31 July 2024


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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

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 19 January 2025 and were signed by:





Mrs Shinderpal Kaur Khehra - Director


JTL Transport Limited (Registered number: 12129711)

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


1. STATUTORY INFORMATION

JTL Transport Limited 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.

Tangible fixed assets
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicle - 25 % reducing balance
Plant and equipment - 15 % 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 2 (2023 - 3 ) .

JTL Transport Limited (Registered number: 12129711)

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


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023 64,050
Additions 39,155
Disposals (42,490 )
At 31 July 2024 60,715
DEPRECIATION
At 1 August 2023 20,871
Charge for year 4,406
Eliminated on disposal (13,942 )
At 31 July 2024 11,335
NET BOOK VALUE
At 31 July 2024 49,380
At 31 July 2023 43,179

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 3,300 3,340
Taxation and social security 5,646 2,345
Other creditors 729 1,119
9,675 6,804

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans 2,700 5,694