REGISTERED NUMBER: 03364386 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

J.T. PERSONNEL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P W Boardman

R Utting

SECRETARY:

P W Boardman

REGISTERED OFFICE:

Lothing House

7 Quay View Business Park

Barnards Way

Lowestoft

Suffolk

NR32 2HD

REGISTERED NUMBER:

03364386 (England and Wales)

ACCOUNTANTS:

Juler Tooke

Lothing House

Quay View Business Park

Barnards Way

Lowestoft

Suffolk

NR32 3HD

FIXED ASSETS

Intangible assets

4

676,312

676,312

Tangible assets

5

425,701

427,035

1,102,013

1,103,347

CURRENT ASSETS

Debtors

6

98,000

80,868

Cash at bank and in hand

171,803

127,481

269,803

208,349

CREDITORS

Amounts falling due within one year

7

(368,365

)

(304,445

)

NET CURRENT LIABILITIES

(98,562

)

(96,096

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,003,451

1,007,251

CREDITORS

Amounts falling due after more than one year

8

(408,635

)

(469,531

)

PROVISIONS FOR LIABILITIES

(6,345

)

(7,061

)

NET ASSETS

588,471

530,659

CAPITAL AND RESERVES

Called up share capital

9

436

434

Revaluation reserve

10

129,945

129,945

Retained earnings

10

458,090

400,280

SHAREHOLDERS' FUNDS

588,471

530,659

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 8 December 2025 and were signed on its behalf by:

M A F Juler - Director

1.	STATUTORY INFORMATION

J.T. Personnel 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 represents net invoiced fees, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of businesses in 2003 and 2005 has been revalued.

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.

Office equipment - 15%

- 10%

Computer equipment - 30%

The Freehold Property was professionally valued in October 2019 at £400,000 and it is not considered necessary to provide depreciation on this revaluation.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 14 (2024 - 14 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

676,312

NET BOOK VALUE

At 31 March 2025

676,312

At 31 March 2024

676,312

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

400,000

150,707

550,707

Additions

-

6,243

6,243

At 31 March 2025

400,000

156,950

556,950

DEPRECIATION

At 1 April 2024

-

123,672

123,672

Charge for year

-

7,577

7,577

At 31 March 2025

-

131,249

131,249

NET BOOK VALUE

At 31 March 2025

400,000

25,701

425,701

At 31 March 2024

400,000

27,035

427,035

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

98,000

80,868

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

118,808

48,983

Taxation and social security

111,472

74,373

Other creditors

138,085

181,089

368,365

304,445

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

31,700

46,500

Other creditors

376,935

423,031

408,635

469,531

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

31,700

46,500

Mortgage

243,840

258,924

Buyback loan

133,095

164,107

408,635

469,531

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

400

Ordinary A

£1

400

400

24

Ordinary B, D & E

£1

12

12

12

Ordinary C

£1

22

22

434

434

10.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 1 April 2024

400,280

129,945

530,225

Profit for the year

201,225

201,225

Dividends

(143,415

)

(143,415

)

At 31 March 2025

458,090

129,945

588,035

11.	RELATED PARTY DISCLOSURES

The company operates a Loan account with the Directors and the balance as at 31st March 2025 was £92,574

12.	ULTIMATE CONTROLLING PARTY