REGISTERED NUMBER: 09969429 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

FOR

JK SERVICES GROUP LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J Otto

REGISTERED OFFICE:

Unit 2 Milner Road

Chilton Road Industrial Estate

Sudbury

Suffolk

CO10 2XG

REGISTERED NUMBER:

09969429 (England and Wales)

ACCOUNTANTS:

Seago and Stopps

Chartered Certified Accountants

61 Station Road

Sudbury

Suffolk

CO10 2SP

FIXED ASSETS

95,964

Tangible assets

4

120,730

-

Investments

5

20,000

95,964

140,730

CURRENT ASSETS

688,563

Debtors

6

699,747

7,578

Cash at bank and in hand

32,714

696,141

732,461

CREDITORS

1,208,310

Amounts falling due within one year

7

1,206,759

(512,169

)

NET CURRENT LIABILITIES

(474,298

)

(416,205

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(333,568

)

CREDITORS

58,088

Amounts falling due after more than one year

8

36,568

(474,293

)

NET LIABILITIES

(370,136

)

CAPITAL AND RESERVES

300

Called up share capital

300

(474,593

)

Retained earnings

(370,436

)

(474,293

)

SHAREHOLDERS' FUNDS

(370,136

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 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.

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 5 September 2025 and were signed by:

J Otto - Director

1.	STATUTORY INFORMATION

JK Services Group 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 the value of work completed during the year, by reference to invoiced sales and the movement between opening and closing trade debtor balances.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

- 10% on straight line

Motor vehicles

- 10% on straight line

Computer equipment

- 25% on reducing balance

Financial instruments

The company enters into basic financial instrument transactions, as appropriate and as and when required, that result in the recognition of financial assets and liabilities within the financial statements such as trade and other accounts receivable and payable, bank loans and hire purchase and lease contracts.

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.

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.

Going concern

These accounts have been prepared on the going concern basis. The company has achieved a significant improvement in the company's trading during the year and are confident that this will continue in the current year. On this basis, no adjustments have been made to these accounts to reflect any going concern issues.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2024 - 20 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

Totals

machinery

vehicles

equipment

£

£

£

£

COST

At 1 August 2024

211,111

64,509

137,690

8,912

Additions

65,347

49,673

15,000

674

Disposals

(34,150

)

(19,150

)

(15,000

)

-

Reclassification/transfer

-

30,000

(30,000

)

-

At 31 July 2025

242,308

125,032

107,690

9,586

DEPRECIATION

At 1 August 2024

115,147

31,576

77,908

5,663

Charge for year

24,254

12,504

10,770

980

Eliminated on disposal

(17,823

)

(10,208

)

(7,615

)

-

Reclassification/transfer

-

15,229

(15,229

)

-

At 31 July 2025

121,578

49,101

65,834

6,643

NET BOOK VALUE

At 31 July 2025

120,730

75,931

41,856

2,943

At 31 July 2024

95,964

32,933

59,782

3,249

Included within fixed assets are certain assets acquired under hire purchase agreements. The net book value of the assets as at 31 July 2025 is £38,537 (2024 - £50,402) and the related depreciation charge for the period is £11,865 (6 month ended 31 July 2024 - £7,179).

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

Additions

20,000

At 31 July 2025

20,000

NET BOOK VALUE

At 31 July 2025

20,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

648,278

651,633

Other debtors

51,469

36,930

699,747

688,563

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans and overdrafts

5,800

5,800

Hire purchase contracts (see note 9)

15,719

24,756

Trade creditors

327,389

224,980

Taxation and social security

334,570

352,774

Other creditors

523,281

600,000

1,206,759

1,208,310

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans

22,233

28,034

Hire purchase contracts (see note 9)

14,335

30,054

36,568

58,088

Amounts falling due in more than five years:

Repayable by instalments

Bank loans

-

4,834

9.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

31.7.25

31.7.24

£

£

Net obligations repayable:

Within one year

15,719

24,756

Between one and five years

14,335

30,054

30,054

54,810

The company has a ten year lease on its commercial premises, that commenced in November 2019.

This is a non-cancellable lease and at 31 July 2025, the company had a total non-cancellable lease commitment of £216,667 (2024 : £266,667). This commitment is based on a rent charge of £50,000 per annum. The lease is secured by a personal guarantee given by the director.

During the year, the company also made operating lease payments of £126,942 (6 months to 31 July 2024 : £65,434) in respect of 12 leasing contracts for vehicles and equipment.

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.7.25

31.7.24

£

£

Hire purchase contracts

30,054

-

Liabilities incurred under hire purchase and finance lease agreements are secured against the asset upon which the liability was taken out.