REGISTERED NUMBER: SC648576 (Scotland)

Financial Statements for the Year Ended 31 December 2024

for

J&E Group Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Dihong Zhan

REGISTERED OFFICE:

Clyde Offices,

2nd Floor,

48 West George Street,

Glasgow, Scotland,

G2 1BP

REGISTERED NUMBER:

SC648576 (Scotland)

FIXED ASSETS

Property, plant and equipment

4

148,336

154,975

CURRENT ASSETS

Inventories

1,910,705

2,326,791

Debtors

5

6,610,938

5,537,515

Cash at bank and in hand

111,150

56,642

8,632,793

7,920,948

CREDITORS

Amounts falling due within one year

6

6,203,278

5,830,612

NET CURRENT ASSETS

2,429,515

2,090,336

TOTAL ASSETS LESS CURRENT LIABILITIES

2,577,851

2,245,311

CREDITORS

Amounts falling due after more than one year

7

3,645,777

4,230,537

NET LIABILITIES

(1,067,926

)

(1,985,226

)

CAPITAL AND RESERVES

Called up share capital

8

1,734,677

1

Retained earnings

(2,802,603

)

(1,985,227

)

SHAREHOLDER FUNDS

(1,067,926

)

(1,985,226

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 September 2025 and were signed by:

Mr Dihong Zhan - Director

1.	STATUTORY INFORMATION

J&E Group Ltd 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

Revenue 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

-

25% on cost, 20% on cost and 10% on cost

Stocks

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 29 (2023 - 25 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 January 2024

240,072

Additions

41,724

At 31 December 2024

281,796

DEPRECIATION

At 1 January 2024

85,097

Charge for year

48,363

At 31 December 2024

133,460

NET BOOK VALUE

At 31 December 2024

148,336

At 31 December 2023

154,975

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

6,481,962

5,424,040

Other debtors

128,976

113,475

6,610,938

5,537,515

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

6,064,643

5,616,590

Taxation and social security

84,028

160,187

Other creditors

54,607

53,835

6,203,278

5,830,612

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

3,645,777

4,230,537

8.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

1,734,677

Share capital 1

£1

1,734,677

1

1,734,676 Ordinary shares of £1 each were allotted at par during the year.

9.	POST BALANCE SHEET EVENTS

Mr Dihong Zhan has been appointed as new director on 3 June 2024

Mrs Dorothy Anne Nicol has been resigned on 21 June 2024