Company registration number 12409649 (England and Wales)
JKC AND C LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025
PAGES FOR FILING WITH REGISTRAR
JKC AND C LTD
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2 - 4
JKC AND C LTD
STATEMENT OF FINANCIAL POSITION
AS AT
31 JANUARY 2025
31 January 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
65,312
90,249
Current assets
Debtors
4
-
0
285
Cash at bank and in hand
307
1,088
307
1,373
Creditors: amounts falling due within one year
5
(193,879)
(202,334)
Net current liabilities
(193,572)
(200,961)
Total assets less current liabilities
(128,260)
(110,712)
Creditors: amounts falling due after more than one year
6
-
0
(16,035)
Net liabilities
(128,260)
(126,747)
Capital and reserves
Called up share capital
10
10
Profit and loss reserves
(128,270)
(126,757)
Total equity
(128,260)
(126,747)

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

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

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.

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.

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

The financial statements were approved by the board of directors and authorised for issue on 27 October 2025 and are signed on its behalf by:
Mr J Hamilton
Mrs KS Hamilton
Director
Director
Company registration number 12409649 (England and Wales)
JKC AND C LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025
- 2 -
1
Accounting policies
Company information

JKC and C Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 33 West Road, Crook, Co Durham, DL15 9PW.

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
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

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

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

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:

Freehold land and buildings
1.5% straight line
Plant and machinery
20% straight line
Computer equipment
20% straight line
Motor vehicles
20% 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
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

JKC AND C LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
1
Accounting policies
(Continued)
- 3 -
1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

1.7
Taxation

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

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement 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.

1.8
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.

1.9
Finance leases and hire purchase contracts

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the statement of financial position as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

2
Employees

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

2025
2024
Number
Number
Total
2
2
JKC AND C LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
- 4 -
3
Tangible fixed assets
Freehold land and buildings
Plant and machinery
Computer equipment
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 February 2024 and 31 January 2025
50,524
106,361
539
23,855
181,279
Depreciation and impairment
At 1 February 2024
2,687
78,232
250
9,861
91,030
Depreciation charged in the year
758
21,272
108
2,799
24,937
At 31 January 2025
3,445
99,504
358
12,660
115,967
Carrying amount
At 31 January 2025
47,079
6,857
181
11,195
65,312
At 31 January 2024
47,837
28,129
289
13,994
90,249
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
-
0
285
5
Creditors: amounts falling due within one year
2025
2024
£
£
Obligations under finance leases and hire purchase contracts
16,035
20,805
Trade creditors
1,055
3,828
Taxation and social security
232
2,514
Other creditors
175,717
174,347
Accruals and deferred income
840
840
193,879
202,334

Obligations under hire purchase and finance lease s are secured on the respective asset.

6
Creditors: amounts falling due after more than one year
2025
2024
Notes
£
£
Obligations under finance leases and hire purchase contracts
-
0
16,035

Obligations under hire purchase and finance lease s are secured on the respective asset.

2025-01-31 2024-02-01 false false false 28 October 2025 CCH Software CCH Accounts Production 2025.100 No description of principal activity Mr J Hamilton Mrs K S Hamilton 12409649 2024-02-01 2025-01-31 12409649 2025-01-31 12409649 2024-01-31 12409649 core:LandBuildings core:OwnedOrFreeholdAssets 2025-01-31 12409649 core:PlantMachinery 2025-01-31 12409649 core:ComputerEquipment 2025-01-31 12409649 core:MotorVehicles 2025-01-31 12409649 core:LandBuildings core:OwnedOrFreeholdAssets 2024-01-31 12409649 core:PlantMachinery 2024-01-31 12409649 core:ComputerEquipment 2024-01-31 12409649 core:MotorVehicles 2024-01-31 12409649 core:CurrentFinancialInstruments core:WithinOneYear 2025-01-31 12409649 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 12409649 core:Non-currentFinancialInstruments core:AfterOneYear 2025-01-31 12409649 core:Non-currentFinancialInstruments core:AfterOneYear 2024-01-31 12409649 core:CurrentFinancialInstruments 2025-01-31 12409649 core:CurrentFinancialInstruments 2024-01-31 12409649 core:ShareCapital 2025-01-31 12409649 core:ShareCapital 2024-01-31 12409649 core:RetainedEarningsAccumulatedLosses 2025-01-31 12409649 core:RetainedEarningsAccumulatedLosses 2024-01-31 12409649 bus:Director1 2024-02-01 2025-01-31 12409649 bus:Director2 2024-02-01 2025-01-31 12409649 core:LandBuildings core:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 12409649 core:PlantMachinery 2024-02-01 2025-01-31 12409649 core:ComputerEquipment 2024-02-01 2025-01-31 12409649 core:MotorVehicles 2024-02-01 2025-01-31 12409649 2023-02-01 2024-01-31 12409649 core:LandBuildings core:OwnedOrFreeholdAssets 2024-01-31 12409649 core:PlantMachinery 2024-01-31 12409649 core:ComputerEquipment 2024-01-31 12409649 core:MotorVehicles 2024-01-31 12409649 2024-01-31 12409649 core:WithinOneYear 2025-01-31 12409649 core:WithinOneYear 2024-01-31 12409649 core:Non-currentFinancialInstruments 2025-01-31 12409649 core:Non-currentFinancialInstruments 2024-01-31 12409649 bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 12409649 bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 12409649 bus:FRS102 2024-02-01 2025-01-31 12409649 bus:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 12409649 bus:FullAccounts 2024-02-01 2025-01-31 xbrli:pure xbrli:shares iso4217:GBP