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Company Registration No. 07548881 (England and Wales)
JK CLOTHING LIMITED Unaudited accounts for the year ended 31 December 2024
JK CLOTHING LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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JK CLOTHING LIMITED Company Information for the year ended 31 December 2024
Directors
MR J NORRIS Mr K Lochtie
Company Number
07548881 (England and Wales)
Registered Office
148 WELL HALL ROAD ELTHAM LONDON SE9 6SN ENGLAND
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JK CLOTHING LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
541,540 
549,517 
Current assets
Inventories
270,363 
267,606 
Debtors
5
73,086 
30,438 
Cash at bank and in hand
109,194 
231,494 
452,643 
529,538 
Creditors: amounts falling due within one year
6
(112,162)
(125,923)
Net current assets
340,481 
403,615 
Total assets less current liabilities
882,021 
953,132 
Creditors: amounts falling due after more than one year
7
(268,952)
(390,781)
Net assets
613,069 
562,351 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
613,067 
562,349 
Shareholders' funds
613,069 
562,351 
For the year ending 31 December 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2025 and were signed on its behalf by
MR J NORRIS Director Company Registration No. 07548881
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JK CLOTHING LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
JK CLOTHING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07548881. The registered office is 148 WELL HALL ROAD, ELTHAM, LONDON, SE9 6SN, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 January 2024
582,546 
70,389 
19,558 
9,310 
681,803 
At 31 December 2024
582,546 
70,389 
19,558 
9,310 
681,803 
Depreciation
At 1 January 2024
45,268 
65,788 
13,165 
8,065 
132,286 
Charge for the year
5,956 
761 
1,199 
61 
7,977 
At 31 December 2024
51,224 
66,549 
14,364 
8,126 
140,263 
Net book value
At 31 December 2024
531,322 
3,840 
5,194 
1,184 
541,540 
At 31 December 2023
537,278 
4,601 
6,393 
1,245 
549,517 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
73,086 
30,438 
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JK CLOTHING LIMITED Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
40,000 
40,000 
VAT
6,684 
985 
Obligations under finance leases and hire purchase contracts
- 
3,256 
Trade creditors
26,655 
21,775 
Taxes and social security
36,038 
49,136 
Loans from directors
930 
4,986 
Accruals
1,855 
5,785 
112,162 
125,923 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
268,952 
390,781 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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