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REGISTERED NUMBER: 13521804 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

JTC Group Ltd

JTC Group Ltd (Registered number: 13521804)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


JTC Group Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTOR: Mr J L Town





REGISTERED OFFICE: 4 Lubbock Close
Parkwood
Maidstone
Kent
ME15 9ES





REGISTERED NUMBER: 13521804 (England and Wales)





ACCOUNTANTS: Accsys Accountants (Medway) Limited
F39 Innovation Centre Medway
Chatham
Kent
ME5 9FD

JTC Group Ltd (Registered number: 13521804)

Statement of Financial Position
31 July 2024

31.7.24 31.7.23
Notes £ £ £
FIXED ASSETS
Tangible assets 4 18,332 23,721

CURRENT ASSETS
Stocks 329,328 -
Debtors 5 39,115 116,552
Cash at bank 6,139 75,378
374,582 191,930
CREDITORS
Amounts falling due within one year 6 223,791 104,587
NET CURRENT ASSETS 150,791 87,343
TOTAL ASSETS LESS CURRENT
LIABILITIES

169,123

111,064

CREDITORS
Amounts falling due after more than one
year

7

-

864
NET ASSETS 169,123 110,200

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 169,122 110,199
169,123 110,200

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 his 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.

JTC Group Ltd (Registered number: 13521804)

Statement of Financial Position - continued
31 July 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 April 2025 and were signed by:





Mr J L Town - Director


JTC Group Ltd (Registered number: 13521804)

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

1. STATUTORY INFORMATION

JTC Group 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 (£).


The financial statements relate to the individual entity only.

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.

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.
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

JTC Group Ltd (Registered number: 13521804)

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

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£ £ £ £
COST
At 1 August 2023 9,976 21,200 6,533 37,709
Additions 380 - - 380
At 31 July 2024 10,356 21,200 6,533 38,089
DEPRECIATION
At 1 August 2023 2,684 9,275 2,029 13,988
Charge for year 1,155 2,981 1,633 5,769
At 31 July 2024 3,839 12,256 3,662 19,757
NET BOOK VALUE
At 31 July 2024 6,517 8,944 2,871 18,332
At 31 July 2023 7,292 11,925 4,504 23,721

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£ £
Trade debtors - 7,459
Other debtors 39,115 109,093
39,115 116,552

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£ £
Hire purchase contracts 864 4,154
Trade creditors 89,226 49,123
Taxation and social security 129,500 50,855
Other creditors 4,201 455
223,791 104,587

JTC Group Ltd (Registered number: 13521804)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.24 31.7.23
£ £
Hire purchase contracts - 864