REGISTERED NUMBER: 11149281 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

JET THROUGH LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A Cooper-Atkins

H R Cooper-Atkins

REGISTERED OFFICE:

Unit 2222 - 2226

The Crescent

Birmingham Business Park

Birmingham

B37 7YE

REGISTERED NUMBER:

11149281 (England and Wales)

AUDITORS:

Philip Barnes & Co Limited

Chartered Accountants

Statutory Auditors

The Old Council Chambers

Halford Street

Tamworth

Staffordshire

B79 7RB

FIXED ASSETS

Tangible assets

4

271,987

130,039

CURRENT ASSETS

Debtors

5

474,001

164,532

Cash at bank

1,380

1,369

475,381

165,901

CREDITORS

Amounts falling due within one year

6

635,177

278,391

NET CURRENT LIABILITIES

(159,796

)

(112,490

)

TOTAL ASSETS LESS CURRENT LIABILITIES

112,191

17,549

CREDITORS

Amounts falling due after more than one year

7

(21,500

)

-

PROVISIONS FOR LIABILITIES

(34,034

)

(15,732

)

NET ASSETS

56,657

1,817

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

56,557

1,717

SHAREHOLDERS' FUNDS

56,657

1,817

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2025 and were signed on its behalf by:

H R Cooper-Atkins - Director

1.	STATUTORY INFORMATION

Jet Through 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.

The significant accounting policies applied in the preparation of the financial statements are set out below. These policies have been consistently applied to all periods presented unless otherwise stated.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% reducing balance

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3.

EMPLOYEES

The average number of employees during the year was 18 (2023 - 18 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

139,380

-

39,000

6,862

185,242

Additions

27,637

2,400

178,857

1,311

210,205

Disposals

(4,595

)

-

(27,846

)

-

(32,441

)

At 31 December 2024

162,422

2,400

190,011

8,173

363,006

DEPRECIATION

At 1 January 2024

48,203

-

3,909

3,091

55,203

Charge for year

20,581

391

14,921

2,378

38,271

Eliminated on disposal

(3

)

-

(2,452

)

-

(2,455

)

At 31 December 2024

68,781

391

16,378

5,469

91,019

NET BOOK VALUE

At 31 December 2024

93,641

2,009

173,633

2,704

271,987

At 31 December 2023

91,177

-

35,091

3,771

130,039

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

Additions

20,415

At 31 December 2024

20,415

DEPRECIATION

Charge for year

2,120

At 31 December 2024

2,120

NET BOOK VALUE

At 31 December 2024

18,295

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

465,162

152,558

Other debtors

8,839

11,974

474,001

164,532

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Hire purchase contracts

11,468

-

Trade creditors

72,067

7,774

Amounts owed to group undertakings

411,094

226,253

Taxation and social security

55,939

18,036

Other creditors

84,609

26,328

635,177

278,391

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Hire purchase contracts

21,500

-

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

£1

100

100

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Faith Bates FCA, FCCA (Senior Statutory Auditor)

for and on behalf of Philip Barnes & Co Limited

10.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

11.	ULTIMATE PARENT COMPANY

The company's ultimate parent company, COAT Facilities Group Limited (Company number : 15387491), includes the company in it's consolidated financial statements and these are available at its registered office which is C/O Philip Barnes & Co Limited, The Old Council Chambers, Halford Street, Tamworth, B79 7RB.

12.	GUARANTEES AND SECURITIES

The company has provided security by way of fixed and floating charges over it's assets to Cynergy Business Finance Limited on behalf of Diamond Facilities Support Limited, a fellow subsidiary within the group as at the year-end.