REGISTERED NUMBER: 05695332 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

JT SUB LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs D Lloyd

J Lloyd

SECRETARY:

REGISTERED OFFICE:

1, Crown Way

Llandarcy

NEATH

West Glamorgan

SA10 6FD

REGISTERED NUMBER:

05695332 (England and Wales)

ACCOUNTANTS:

Roger Byers & Co. Limited

Castle Buildings

23 Church Place

Neath

SA11 3LP

FIXED ASSETS

Intangible assets

4

73,500

73,500

Tangible assets

5

334,084

327,473

407,584

400,973

CURRENT ASSETS

Stocks

16,000

11,000

Debtors

6

5,880

122,698

Cash at bank and in hand

54,067

13,346

75,947

147,044

CREDITORS

Amounts falling due within one year

7

(183,858

)

(228,255

)

NET CURRENT LIABILITIES

(107,911

)

(81,211

)

TOTAL ASSETS LESS CURRENT LIABILITIES

299,673

319,762

CREDITORS

Amounts falling due after more than one year

8

(19,731

)

(29,935

)

PROVISIONS FOR LIABILITIES

(57,802

)

(57,802

)

NET ASSETS

222,140

232,025

CAPITAL AND RESERVES

Called up share capital

9

1,000

1,000

Retained earnings

221,140

231,025

SHAREHOLDERS' FUNDS

222,140

232,025

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 December 2025 and were signed on its behalf by:

J Lloyd - Director

1.	STATUTORY INFORMATION

JT Sub 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of twenty five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

10% on reducing balance

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 AND DIRECTORS

The average number of employees during the year was 31 (2024 - 28 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

73,500

NET BOOK VALUE

At 31 March 2025

73,500

At 31 March 2024

73,500

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

528,549

Additions

42,119

At 31 March 2025

570,668

DEPRECIATION

At 1 April 2024

201,076

Charge for year

35,508

At 31 March 2025

236,584

NET BOOK VALUE

At 31 March 2025

334,084

At 31 March 2024

327,473

6.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

1,650

11,493

Other debtors

-

106,975

1,650

118,468

2025

2024

£

£

Amounts falling due after more than one year:

Other debtors

4,230

4,230

Aggregate amounts

5,880

122,698

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

19,873

22,988

Trade creditors

25,782

12,505

Taxation and social security

53,580

58,029

Other creditors

84,623

134,733

183,858

228,255

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

12,231

22,435

Other creditors

7,500

7,500

19,731

29,935

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1,000

Ordinary

£1

1,000

1,000

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

J Lloyd

Balance outstanding at start of year

100,920

61,657

Amounts advanced

-

100,920

Amounts repaid

-

(61,657

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

100,920

During the year, the company advanced an unsecured loan of £100,920 to J Lloyd, a director of the

company. The loan is interest free and is repayable on demand. The full amount of the loan was repaid within 9 months after the year end.

11.	ULTIMATE CONTROLLING PARTY

The controlling party is J Lloyd.