Jdc Paints Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 11621605

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		149,697		150,602

			149,697		150,602
CURRENT ASSETS
Stocks	5	568,977		660,685
Debtors	6	624,442		416,187
Cash at bank and in hand		21,026		1,000

		1,214,445		1,077,872
Creditors: Amounts Falling Due Within One Year	7	(752,375 )		(750,712 )

NET CURRENT ASSETS (LIABILITIES)			462,070		327,160

TOTAL ASSETS LESS CURRENT LIABILITIES			611,767		477,762

Creditors: Amounts Falling Due After More Than One Year	8		(427,901 )		(299,311 )

NET ASSETS			183,866		178,451

CAPITAL AND RESERVES
Called up share capital	10		1		1
Profit and Loss Account			183,865		178,450

SHAREHOLDERS' FUNDS			183,866		178,451

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Jdc Paints Ltd

Balance Sheet (continued)

As At 31 March 2025

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

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr J Crosby

Director

31/12/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Jdc Paints Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11621605 . The registered office is Kenburgh Court, 131-137 South Street, Bishop's Stortford, Herts, CM23 3HX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	N/A
Plant & Machinery	20% on cost
Motor Vehicles	20% on cost
Fixtures & Fittings	Straight line over 7 years
Computer Equipment	20% on cost

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 8 (2024: 6)

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Jdc Paints Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings
	£	£	£	£
Cost
As at 1 April 2024	21,770	13,730	63,549	127,886
Additions	-	-	-	37,177

As at 31 March 2025	21,770	13,730	63,549	165,063

Depreciation
As at 1 April 2024	-	8,523	23,728	50,891
Provided during the period	-	2,461	12,582	20,628

As at 31 March 2025	-	10,984	36,310	71,519

Net Book Value
As at 31 March 2025	21,770	2,746	27,239	93,544

As at 1 April 2024	21,770	5,207	39,821	76,995


	Computer Equipment	Total
	£	£
Cost
As at 1 April 2024	18,427	245,362
Additions	-	37,177

As at 31 March 2025	18,427	282,539

Depreciation
As at 1 April 2024	11,618	94,760
Provided during the period	2,411	38,082

As at 31 March 2025	14,029	132,842

Net Book Value
As at 31 March 2025	4,398	149,697

As at 1 April 2024	6,809	150,602

5. Stocks

	2025	2024
	£	£
Stock	568,977	660,685

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	593,392	350,391
Other debtors	31,050	65,796

	624,442	416,187

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Jdc Paints Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	8,165	8,165
Trade creditors	262,197	302,253
Bank loans and overdrafts	291,772	233,680
Other creditors	83,916	102,858
Taxation and social security	106,325	103,756

	752,375	750,712

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	20,413	28,578
Bank loans	407,488	270,733

	427,901	299,311

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	8,165	8,165
Later than five years	20,413	28,578

	28,578	36,743

	28,578	36,743

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

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