REGISTERED NUMBER: 04418800 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

24CT Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C Thomson

A P Thomson

REGISTERED OFFICE:

176 Infirmary Road

Sheffield

S6 3DH

REGISTERED NUMBER:

04418800 (England and Wales)

ACCOUNTANTS:

A&MPG Limited

6 Meadowhead

Sheffield

South Yorkshire

S8 7UD

FIXED ASSETS

Tangible assets

4

35,090

36,937

CURRENT ASSETS

Debtors

5

-

1,640

Prepayments and accrued income

-

12,765

Cash at bank

206

140

206

14,545

CREDITORS

Amounts falling due within one year

6

28,503

39,225

NET CURRENT LIABILITIES

(28,297

)

(24,680

)

TOTAL ASSETS LESS CURRENT LIABILITIES

6,793

12,257

CREDITORS

Amounts falling due after more than one year

7

275

2,975

NET ASSETS

6,518

9,282

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

6,516

9,280

6,518

9,282

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Profit and loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 November 2025 and were signed on its behalf by:

A P Thomson - Director

1.	STATUTORY INFORMATION

24CT 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.

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.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

20% on reducing balance

Taxation

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - 1 ).

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

26,500

95,403

5,309

7,247

134,459

DEPRECIATION

At 1 April 2024

-

88,382

5,171

3,969

97,522

Charge for year

-

1,053

138

656

1,847

At 31 March 2025

-

89,435

5,309

4,625

99,369

NET BOOK VALUE

At 31 March 2025

26,500

5,968

-

2,622

35,090

At 31 March 2024

26,500

7,021

138

3,278

36,937

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

-

1,640

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

2,875

2,875

Trade creditors

1,134

1,054

Other creditors

24,494

35,296

28,503

39,225

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

275

2,975