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REGISTERED NUMBER: 13064738 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

JOINT IT (UK) LTD

JOINT IT (UK) LTD (REGISTERED NUMBER: 13064738)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


JOINT IT (UK) LTD

COMPANY INFORMATION
for the year ended 31 December 2024







DIRECTORS: M Fox
G Duffy





REGISTERED OFFICE: 17 St Peters Place
Fleetwood
Lancashire
FY7 6EB





REGISTERED NUMBER: 13064738 (England and Wales)





ACCOUNTANTS: Jones Harris Limited
17 St Peters Place
Fleetwood
Lancashire
FY7 6EB

JOINT IT (UK) LTD (REGISTERED NUMBER: 13064738)

BALANCE SHEET
31 December 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 5,183 10,391

CURRENT ASSETS
Debtors 5 428,008 467,076
Cash at bank 774,233 556,557
1,202,241 1,023,633
CREDITORS
Amounts falling due within one year 6 (776,256 ) (616,629 )
NET CURRENT ASSETS 425,985 407,004
TOTAL ASSETS LESS CURRENT
LIABILITIES

431,168

417,395

PROVISIONS FOR LIABILITIES (1,298 ) (2,444 )
NET ASSETS 429,870 414,951

CAPITAL AND RESERVES
Called up share capital 20 20
Retained earnings 429,850 414,931
429,870 414,951

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 19 May 2025 and were signed on its behalf by:



M Fox - Director


JOINT IT (UK) LTD (REGISTERED NUMBER: 13064738)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 December 2024

1. STATUTORY INFORMATION

Joint It (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.

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.
Motor vehicles - 40% on cost

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.

Going concern
The directors are satisfied at the time of approving the financial statements that the company has adequate resources to continue to operate for the foreseeable future and as such, continues to adopt the going concern basis in preparing the financial statements.

3. EMPLOYEES AND DIRECTORS

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

JOINT IT (UK) LTD (REGISTERED NUMBER: 13064738)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2024

4. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
At 1 January 2024
and 31 December 2024 12,995
DEPRECIATION
At 1 January 2024 2,604
Charge for year 5,208
At 31 December 2024 7,812
NET BOOK VALUE
At 31 December 2024 5,183
At 31 December 2023 10,391

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 428,008 467,076

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 572,811 252,104
Tax 4,452 43,035
VAT 86,600 57,952
Other creditors 45,628 167,044
Directors' current accounts 2,476 1,852
Accruals and deferred income 64,289 94,642
776,256 616,629

7. RELATED PARTY DISCLOSURES

At the balance sheet date the company owed £558,307 (2023 - £235,004) to Joint IT Ltd IRL, a company based in Ireland which is under common control- this balance is contained within trade creditors.

At 31 December 2023 there was £0 (2023 - £130,000l) owed to Joint IT Ltd IRL which was contained in other creditors.

Purchases of £3,205,279 (2023 - £2,972,573) were made from Joint IT Ltd IRL in the period to 31 December 2024.