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REGISTERED NUMBER: 07225807 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

JORGENSEN TURNER TRADING LIMITED

JORGENSEN TURNER TRADING LIMITED (REGISTERED NUMBER: 07225807)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 December 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JORGENSEN TURNER TRADING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 December 2024







DIRECTORS: P Jorgensen
R Turner





SECRETARY: P Jorgensen





REGISTERED OFFICE: 234 Uxbridge Road
Shepherds Bush
London
W12 7JD





REGISTERED NUMBER: 07225807 (England and Wales)





ACCOUNTANTS: Traviss & Co Ltd
Chartered Certified Accountants
Newtown House
38 Newtown Road
Liphook
Hampshire
GU30 7DX

JORGENSEN TURNER TRADING LIMITED (REGISTERED NUMBER: 07225807)

BALANCE SHEET
31 December 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 13,999 27,999
Tangible assets 5 5,135 5,022
19,134 33,021

CURRENT ASSETS
Debtors 6 40,764 47,279
Cash at bank and in hand 330,958 405,558
371,722 452,837
CREDITORS
Amounts falling due within one year 7 108,962 121,978
NET CURRENT ASSETS 262,760 330,859
TOTAL ASSETS LESS CURRENT
LIABILITIES

281,894

363,880

PROVISIONS FOR LIABILITIES 976 1,135
NET ASSETS 280,918 362,745

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 280,818 362,645
SHAREHOLDERS' FUNDS 280,918 362,745

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.

JORGENSEN TURNER TRADING LIMITED (REGISTERED NUMBER: 07225807)

BALANCE SHEET - continued
31 December 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 Board of Directors and authorised for issue on 21 May 2025 and were signed on its behalf by:





R Turner - Director


JORGENSEN TURNER TRADING LIMITED (REGISTERED NUMBER: 07225807)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 December 2024


1. STATUTORY INFORMATION

Jorgensen Turner Trading 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.

Turnover
Turnover represents commissions on the sale of properties completed in the accounting period and letting agents fees and other income on properties managed on behalf of landlords, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of fifteen years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - in accordance with the property
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% 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.

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 17 (2023 - 15 ) .

JORGENSEN TURNER TRADING LIMITED (REGISTERED NUMBER: 07225807)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 December 2024


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 210,000
AMORTISATION
At 1 January 2024 182,001
Charge for year 14,000
At 31 December 2024 196,001
NET BOOK VALUE
At 31 December 2024 13,999
At 31 December 2023 27,999

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Motor Computer
property fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2024 2,512 29,071 8,500 20,782 60,865
Additions - 1,050 - 1,338 2,388
At 31 December 2024 2,512 30,121 8,500 22,120 63,253
DEPRECIATION
At 1 January 2024 2,404 27,106 6,482 19,851 55,843
Charge for year 107 754 504 910 2,275
At 31 December 2024 2,511 27,860 6,986 20,761 58,118
NET BOOK VALUE
At 31 December 2024 1 2,261 1,514 1,359 5,135
At 31 December 2023 108 1,965 2,018 931 5,022

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 7,140
Other debtors 40,764 40,139
40,764 47,279

JORGENSEN TURNER TRADING LIMITED (REGISTERED NUMBER: 07225807)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 December 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 17,087 13,495
Taxation and social security 83,766 91,862
Other creditors 8,109 16,621
108,962 121,978