Jet Design and Marketing Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 08821998

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

JET DESIGN AND MARKETING LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Miss J Aspinall

Ms K Sewell

REGISTERED OFFICE:

81 Newton Street

Manchester

M1 1EX

REGISTERED NUMBER:

08821998

ACCOUNTANTS:

TC Group

Park House

200 Drake Street

Rochdale

Lancashire

OL16 1PJ

FIXED ASSETS

Tangible assets

4

72,656

75,065

CURRENT ASSETS

Stocks

22,375

20,005

Debtors

322,834

225,867

Cash at bank and in hand

17,053

12,753

362,262

258,625

CREDITORS

Amounts falling due within one year

293,063

185,892

NET CURRENT ASSETS

69,199

72,733

TOTAL ASSETS LESS CURRENT
LIABILITIES

141,855

147,798

CREDITORS

Amounts falling due after more than one year

5

(125,896

)

(72,982

)

PROVISIONS FOR LIABILITIES

(14,409

)

(14,737

)

NET ASSETS

1,550

60,079

CAPITAL AND RESERVES

Called up share capital

8

100

Retained earnings

1,450

59,979

SHAREHOLDERS' FUNDS

1,550

60,079

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.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 December 2025 and were signed on its behalf by:

Miss J Aspinall - Director

1.	STATUTORY INFORMATION

Jet Design and Marketing Limited is a private company, limited by shares , registered in Not specified/Other. 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents net invoiced sales of services rendered, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2024 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST OR VALUATION

At 1 April 2024

102,706

Additions

13,469

At 31 March 2025

116,175

DEPRECIATION

At 1 April 2024

27,641

Charge for year

15,878

At 31 March 2025

43,519

NET BOOK VALUE

At 31 March 2025

72,656

At 31 March 2024

75,065

Cost or valuation at 31 March 2025 is represented by:

Totals

£

Valuation in 2023

3,570

Cost

112,605

116,175

5.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

2025

2024

£

Repayable by instalments

Bank loans more 5 yr by instal

3,324

6,802

Other loans more 5yrs instal

70,000

-

73,324

6,802

6.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

Amounts falling due within one year or on demand:

Bank loans

7,143

Other loans

6,000

12,392

13,143

19,535

Amounts falling due between one and two years:

Bank loans - 1-2 years

7,143

Other loans - 1-2 years

6,000

28,176

13,143

35,319

2025

2024

£

Amounts falling due between two and five years:

Bank loans - 2-5 years

21,429

Other loans - 2-5 years

18,000

9,432

39,429

30,861

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

3,324

6,802

Other loans more 5yrs instal

70,000

-

73,324

6,802

7.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Invoice discounting creditor

56,414

15,292

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

100

Ordinary

£1

100

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Miss J Aspinall.