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REGISTERED NUMBER: 11620371 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

J-TECH PRODUCTS LIMITED

J-TECH PRODUCTS LIMITED (REGISTERED NUMBER: 11620371)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


J-TECH PRODUCTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTOR: Mr J Taylder





SECRETARY:





REGISTERED OFFICE: Unit 6, Bentinck Workshops
Park Lane
Kirkby in Ashfield
Nottinghamshire
NG17 9LE





REGISTERED NUMBER: 11620371 (England and Wales)





ACCOUNTANTS: Anderson & Co
18 Diamond Avenue
Kirkby in Ashfield
Nottinghamshire
NG17 7GR

J-TECH PRODUCTS LIMITED (REGISTERED NUMBER: 11620371)

BALANCE SHEET
31 OCTOBER 2024

31.10.24 31.10.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 56,293 55,395

CURRENT ASSETS
Stocks 41,900 43,600
Debtors 5 - 5,256
Cash at bank 171,728 80,829
213,628 129,685
CREDITORS
Amounts falling due within one year 6 114,435 81,789
NET CURRENT ASSETS 99,193 47,896
TOTAL ASSETS LESS CURRENT
LIABILITIES

155,486

103,291

PROVISIONS FOR LIABILITIES 10,056 9,745
NET ASSETS 145,430 93,546

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 145,429 93,545
SHAREHOLDERS' FUNDS 145,430 93,546

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

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

J-TECH PRODUCTS LIMITED (REGISTERED NUMBER: 11620371)

BALANCE SHEET - continued
31 OCTOBER 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 4 July 2025 and were signed by:





Mr J Taylder - Director


J-TECH PRODUCTS LIMITED (REGISTERED NUMBER: 11620371)

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

1. STATUTORY INFORMATION

J-Tech Products 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 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.

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

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.

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 NIL (2023 - NIL).

J-TECH PRODUCTS LIMITED (REGISTERED NUMBER: 11620371)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 November 2023 9,483 6,823 56,252 6,136 78,694
Additions 206 12,110 - 4,014 16,330
At 31 October 2024 9,689 18,933 56,252 10,150 95,024
DEPRECIATION
At 1 November 2023 2,971 1,411 16,220 2,697 23,299
Charge for year 1,679 2,628 10,008 1,117 15,432
At 31 October 2024 4,650 4,039 26,228 3,814 38,731
NET BOOK VALUE
At 31 October 2024 5,039 14,894 30,024 6,336 56,293
At 31 October 2023 6,512 5,412 40,032 3,439 55,395

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
VAT - 5,256

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans and overdrafts 9,473 19,203
Trade creditors 1,146 1,303
Corporation tax 14,929 4,033
VAT 1,317 -
PAYE and national insurance 207 177
Directors' current accounts 85,841 55,135
Accrued expenses 1,522 1,938
114,435 81,789

7. ULTIMATE CONTROLLING PARTY

The controlling party is Mr J Taylder.