REGISTERED NUMBER: SC579273 (Scotland)

Unaudited Financial Statements for the Year Ended 31 October 2024

for

Jwc Plant Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J W Cumming

REGISTERED OFFICE:

84 Main Street

Broadsea

Fraserburgh

Aberdeenshire

AB43 9RT

REGISTERED NUMBER:

SC579273 (Scotland)

ACCOUNTANTS:

Add Accountancy Limited

6 Market Square

Oldmeldrum

Aberdeenshire

AB51 0AA

FIXED ASSETS

Tangible assets

4

176,621

85,041

CURRENT ASSETS

Stocks

13,200

1,000

Debtors

5

40,302

1,147

Cash at bank

21,044

42,897

74,546

45,044

CREDITORS

Amounts falling due within one year

6

110,275

84,713

NET CURRENT LIABILITIES

(35,729

)

(39,669

)

TOTAL ASSETS LESS CURRENT LIABILITIES

140,892

45,372

CREDITORS

Amounts falling due after more than one year

7

58,544

5,333

NET ASSETS

82,348

40,039

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

81,348

39,039

SHAREHOLDERS' FUNDS

82,348

40,039

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.

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 director and authorised for issue on 19 September 2025 and were signed by:

J W Cumming - Director

1.	STATUTORY INFORMATION

Jwc Plant Limited is a private company, limited by shares , registered in Scotland. 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.

Plant and machinery etc

-

20% on reducing balance and 10% on reducing balance

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2023

134,970

Additions

139,612

Disposals

(44,500

)

At 31 October 2024

230,082

DEPRECIATION

At 1 November 2023

49,929

Charge for year

21,755

Eliminated on disposal

(18,223

)

At 31 October 2024

53,461

NET BOOK VALUE

At 31 October 2024

176,621

At 31 October 2023

85,041

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.24

31.10.23

£

£

Trade debtors

24,805

1,147

Other debtors

15,497

-

40,302

1,147

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.24

31.10.23

£

£

Hire purchase contracts

26,597

-

Taxation and social security

(882

)

9,401

Other creditors

84,560

75,312

110,275

84,713

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.24

31.10.23

£

£

Hire purchase contracts

55,240

-

Other creditors

3,304

5,333

58,544

5,333