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Company Registration No. 13633951 (England and Wales)
Jtwmanagement Ltd Unaudited accounts for the year ended 30 September 2024
Jtwmanagement Ltd Unaudited accounts Contents
Page
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Jtwmanagement Ltd Company Information for the year ended 30 September 2024
Director
James Waugh
Company Number
13633951 (England and Wales)
Registered Office
2 Netherfield Court Whittle-Le-Woods Chorley PR6 7XR England
Accountants
The Success Plan Limited 12 Eccleston Street Prescot Merseyside L34 5QE
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Jtwmanagement Ltd Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Called up share capital not paid
1 
1 
Fixed assets
Tangible assets
19,400 
38,038 
Investment property
197,000 
- 
216,400 
38,038 
Current assets
Debtors
29,078 
141,892 
Cash at bank and in hand
50,368 
100,455 
79,446 
242,347 
Creditors: amounts falling due within one year
(93,796)
(142,274)
Net current (liabilities)/assets
(14,350)
100,073 
Total assets less current liabilities
202,051 
138,112 
Provisions for liabilities
Deferred tax
(4,850)
(9,510)
Net assets
197,201 
128,602 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
197,200 
128,601 
Shareholders' funds
197,201 
128,602 
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 June 2025 and were signed on its behalf by
James Waugh Director Company Registration No. 13633951
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Jtwmanagement Ltd Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
Jtwmanagement Ltd is a private company, limited by shares, registered in England and Wales, registration number 13633951. The registered office is 2 Netherfield Court, Whittle-Le-Woods, Chorley, PR6 7XR, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 30 September 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 October 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in note 10 below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
3 years on a straight line basis
Fixtures & fittings
3 years on a straight line basis
Computer equipment
3 years on a straight line basis
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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Jtwmanagement Ltd Notes to the Accounts for the year ended 30 September 2024
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 October 2023
44,754 
480 
1,414 
46,648 
Disposals
(14,954)
- 
- 
(14,954)
At 30 September 2024
29,800 
480 
1,414 
31,694 
Depreciation
At 1 October 2023
7,685 
160 
765 
8,610 
Charge for the year
7,685 
160 
325 
8,170 
On disposals
(4,486)
- 
- 
(4,486)
At 30 September 2024
10,884 
320 
1,090 
12,294 
Net book value
At 30 September 2024
18,916 
160 
324 
19,400 
At 30 September 2023
37,069 
320 
649 
38,038 
5
Investment property
2024 
£ 
Additions
197,000 
At 30 September 2024
197,000 
The investment property is valued at the purchase price paid on 10 September 2024 as this is within 1 month of the year end and so represents the true market value of the property.
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
28,690 
11,745 
Trade debtors
388 
130,147 
29,078 
141,892 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
35,452 
27,051 
Trade creditors
7,193 
93,044 
Taxes and social security
51,151 
22,179 
93,796 
142,274 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
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Jtwmanagement Ltd Notes to the Accounts for the year ended 30 September 2024
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
10
Reconciliations on adoption of FRS 102
Reconciliation of equity
1 October 2022 
30 September 2023 
£ 
£ 
Capital and reserves (as previously stated)
33,852 
138,112 
Deferred tax provision
(9,510)
Capital and reserves (as restated)
33,852 
128,602 
Reconciliation of profit or loss for the year
30 September 2023 
£ 
Profit for the year (as previously stated)
121,004 
Deferred tax provision
(9,510)
Profit for the year (as restated)
111,494 
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