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REGISTERED NUMBER: 09749155 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 August 2024

for

Jetcrown Trading Limited

Jetcrown Trading Limited (Registered number: 09749155)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Jetcrown Trading Limited

Company Information
for the Year Ended 31 August 2024







DIRECTORS: H Goldstein
Mrs M Goldstein





SECRETARY: Mrs M Goldstein





REGISTERED OFFICE: Reedham House
31 King Street West
Manchester
M3 2PJ





BUSINESS ADDRESS: 30 Stanley Road
Salford
M7 4ES





REGISTERED NUMBER: 09749155 (England and Wales)





ACCOUNTANTS: Freedman Frankl & Taylor
Reedham House
31 King Street West
Manchester
Greater Manchester
M3 2PJ

Jetcrown Trading Limited (Registered number: 09749155)

Balance Sheet
31 August 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 803,990 715,580
Cash at bank 12,362 12,473
816,352 728,053
CREDITORS
Amounts falling due within one year 5 (751,869 ) (567,812 )
NET CURRENT ASSETS 64,483 160,241
TOTAL ASSETS LESS CURRENT
LIABILITIES

64,483

160,241

CREDITORS
Amounts falling due after more than one year 6 (18,588 ) (19,427 )
NET ASSETS 45,895 140,814

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 45,795 140,714
SHAREHOLDERS' FUNDS 45,895 140,814

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

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

Jetcrown Trading Limited (Registered number: 09749155)

Balance Sheet - continued
31 August 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 August 2025 and were signed on its behalf by:





H Goldstein - Director


Jetcrown Trading Limited (Registered number: 09749155)

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

1. STATUTORY INFORMATION

Jetcrown 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 company's financial statements for the year ended 31 August 2024 have been prepared on a going concern basis as, after making appropriate enquiries, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

Jetcrown Trading Limited (Registered number: 09749155)

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 680,685 714,966
Other debtors 123,305 614
803,990 715,580

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 198,128 131,541
Taxation and social security 14,422 23,609
Other creditors 529,319 402,662
751,869 567,812

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 18,588 19,427

7. RELATED PARTY DISCLOSURES

During the year the company sold good amounting to £1,354,536 (2023: £1,207,799) to a business which is controlled by the directors of this company. As at 31 August 2024, there was £801,023 (2023: £714,996) due from this entity.

Included within other creditors is director's current account balance of £34,284 (2023: £59,441). There are no fixed repayment terms and no interest is chargeable to the company in respect of this balance.