Company registration number 06231907 (England and Wales)
JK ENGINEERING (HERTFORDSHIRE) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
JK ENGINEERING (HERTFORDSHIRE) LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 7
JK ENGINEERING (HERTFORDSHIRE) LIMITED
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Intangible assets
3
16,378
22,928
Tangible assets
4
894,997
1,066,401
911,375
1,089,329
Current assets
Debtors
5
1,304,331
1,273,674
Cash at bank and in hand
625,994
1,455,183
1,930,325
2,728,857
Creditors: amounts falling due within one year
6
(2,243,967)
(2,943,042)
Net current liabilities
(313,642)
(214,185)
Total assets less current liabilities
597,733
875,144
Creditors: amounts falling due after more than one year
8
(120,000)
(250,000)
Provisions for liabilities
(131,200)
(157,625)
Net assets
346,533
467,519
Capital and reserves
Called up share capital
9
100
100
Profit and loss reserves
346,433
467,419
Total equity
346,533
467,519
JK ENGINEERING (HERTFORDSHIRE) LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2025
31 March 2025
- 2 -

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 3 October 2025 and are signed on its behalf by:
J C Kenny
J M Crosskey
Director
Director
Company registration number 06231907 (England and Wales)
JK ENGINEERING (HERTFORDSHIRE) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
1
Accounting policies
Company information

JK Engineering (Hertfordshire) Limited is a private company limited by shares incorporated in England and Wales. The registered office is Suite 7A, Building 6, Croxley Park, Hatters Lane, Watford, Hertfordshire, WD18 8YH.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and engineering services provided in the normal course of business, and is shown net of VAT and other sales related taxes.

1.3
Intangible fixed assets - goodwill

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 20 years.

1.4
Tangible fixed assets

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 bases:

Land and buildings Leasehold
over 10 years
Fixtures, fittings & equipment
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.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

JK ENGINEERING (HERTFORDSHIRE) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 4 -
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.8
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

1.9
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

1.10
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.11
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

JK ENGINEERING (HERTFORDSHIRE) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
44
48
3
Intangible fixed assets
Goodwill
£
Cost
At 1 April 2024 and 31 March 2025
131,003
Amortisation and impairment
At 1 April 2024
108,075
Amortisation charged for the year
6,550
At 31 March 2025
114,625
Carrying amount
At 31 March 2025
16,378
At 31 March 2024
22,928
4
Tangible fixed assets
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 1 April 2024
1,567,501
700,361
2,267,862
Additions
2,607
34,961
37,568
At 31 March 2025
1,570,108
735,322
2,305,430
Depreciation and impairment
At 1 April 2024
803,923
397,538
1,201,461
Depreciation charged in the year
126,990
81,982
208,972
At 31 March 2025
930,913
479,520
1,410,433
Carrying amount
At 31 March 2025
639,195
255,802
894,997
At 31 March 2024
763,578
302,823
1,066,401
JK ENGINEERING (HERTFORDSHIRE) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 6 -
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
862,569
1,097,541
Corporation tax recoverable
166,552
21,233
Other debtors
253,810
154,900
1,282,931
1,273,674
2025
2024
Amounts falling due after more than one year:
£
£
Other debtors
21,400
-
0
Total debtors
1,304,331
1,273,674
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
120,000
120,000
Trade creditors
385,599
270,805
Amounts owed to group undertakings
1,205,958
2,401,099
Taxation and social security
58,232
131,040
Other creditors
474,178
20,098
2,243,967
2,943,042
7
Loans and overdrafts
2025
2024
£
£
Bank loans
240,000
370,000
Payable within one year
120,000
120,000
Payable after one year
120,000
250,000

The long-term loans are secured by fixed and floating charges over the assets of the company.

8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
120,000
250,000
JK ENGINEERING (HERTFORDSHIRE) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 7 -
9
Called up share capital
2025
2024
£
£
Ordinary share capital
Issued and fully paid
100 Ordinary shares of £1 each
100
100
2025-03-31 2024-04-01 false false false 07 October 2025 CCH Software CCH Accounts Production 2025.200 No description of principal activity J C Kenny J M Crosskey 06231907 2024-04-01 2025-03-31 06231907 2025-03-31 06231907 2024-03-31 06231907 core:NetGoodwill 2025-03-31 06231907 core:NetGoodwill 2024-03-31 06231907 core:LandBuildings 2025-03-31 06231907 core:OtherPropertyPlantEquipment 2025-03-31 06231907 core:LandBuildings 2024-03-31 06231907 core:OtherPropertyPlantEquipment 2024-03-31 06231907 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 06231907 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 06231907 core:ShareCapital 2025-03-31 06231907 core:ShareCapital 2024-03-31 06231907 core:RetainedEarningsAccumulatedLosses 2025-03-31 06231907 core:RetainedEarningsAccumulatedLosses 2024-03-31 06231907 core:ShareCapitalOrdinaryShareClass1 2025-03-31 06231907 core:ShareCapitalOrdinaryShareClass1 2024-03-31 06231907 bus:Director1 2024-04-01 2025-03-31 06231907 bus:Director2 2024-04-01 2025-03-31 06231907 core:Goodwill 2024-04-01 2025-03-31 06231907 core:LandBuildings core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 06231907 core:FurnitureFittings 2024-04-01 2025-03-31 06231907 2023-04-01 2024-03-31 06231907 core:NetGoodwill 2024-03-31 06231907 core:NetGoodwill 2024-04-01 2025-03-31 06231907 core:LandBuildings 2024-03-31 06231907 core:OtherPropertyPlantEquipment 2024-03-31 06231907 2024-03-31 06231907 core:LandBuildings 2024-04-01 2025-03-31 06231907 core:OtherPropertyPlantEquipment 2024-04-01 2025-03-31 06231907 core:CurrentFinancialInstruments 2025-03-31 06231907 core:CurrentFinancialInstruments 2024-03-31 06231907 core:WithinOneYear 2025-03-31 06231907 core:WithinOneYear 2024-03-31 06231907 core:AfterOneYear 2025-03-31 06231907 core:AfterOneYear 2024-03-31 06231907 core:Non-currentFinancialInstruments 2025-03-31 06231907 core:Non-currentFinancialInstruments 2024-03-31 06231907 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 06231907 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 06231907 bus:FRS102 2024-04-01 2025-03-31 06231907 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 06231907 bus:FullAccounts 2024-04-01 2025-03-31 xbrli:pure xbrli:shares iso4217:GBP