JT AUTOMATICS LIMITED

Company Registration Number:
05911004 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

JT AUTOMATICS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

JT AUTOMATICS LIMITED

Balance sheet

As at 31 March 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 19,797 12,282
Total fixed assets: 19,797 12,282
Current assets
Stocks: 10,150 8,412
Debtors:   108,045 130,362
Cash at bank and in hand: 94,504 39,078
Total current assets: 212,699 177,852
Creditors: amounts falling due within one year:   (205,544) (163,583)
Net current assets (liabilities): 7,155 14,269
Total assets less current liabilities: 26,952 26,551
Creditors: amounts falling due after more than one year:   (9,017) (23,410)
Provision for liabilities: 0 (2,333)
Total net assets (liabilities): 17,935 808
Capital and reserves
Called up share capital: 100 2
Profit and loss account: 17,835 806
Shareholders funds: 17,935 808

The notes form part of these financial statements

JT AUTOMATICS LIMITED

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 15 August 2025
and signed on behalf of the board by:

Name: Mr R Leaney
Status: Director

The notes form part of these financial statements

JT AUTOMATICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation

Tangible fixed assets and depreciation policy

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following basis:- Plant and Machinery 25% on cost Fixtures, fittings & equipment 25% on cost Motor Vehicles 25% reducing balance The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss

Other accounting policies

Intangible Fixed Assets Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life, which is 10 years. At 31st March 2025, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £330,525 (2024 : £427,000) The operating lease relates to the property known as 10 Bilton Road, Erith, Bexley of which ends 25th November 2030

JT AUTOMATICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

2025 2024
Average number of employees during the period 15 11

JT AUTOMATICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible Assets

Total
Cost £
At 01 April 2024 110,173
Additions 15,245
At 31 March 2025 125,418
Depreciation
At 01 April 2024 97,891
Charge for year 7,730
At 31 March 2025 105,621
Net book value
At 31 March 2025 19,797
At 31 March 2024 12,282

National Westminster Bank Plc holds a fixed and floating charge that covers all the property or undertaking of the company