REGISTERED NUMBER: SC728529 (Scotland)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

J S Engineering (Gretna) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J Swallow

REGISTERED OFFICE:

111 Victory Avenue

Gretna

Dumfriesshire

DG16 5DR

REGISTERED NUMBER:

SC728529 (Scotland)

ACCOUNTANTS:

CMCA Accounting

25A Buccleuch Street

Dumfries

Dumfries & Galloway

DG1 2AT

FIXED ASSETS

56,935

Tangible assets

4

55,255

CURRENT ASSETS

76,459

Debtors

5

84,862

28,494

Cash at bank

3,524

104,953

88,386

CREDITORS

132,987

Amounts falling due within one year

6

110,112

(28,034

)

NET CURRENT LIABILITIES

(21,726

)

28,901

TOTAL ASSETS LESS CURRENT LIABILITIES

33,529

CREDITORS

(1,785

)

Amounts falling due after more than one year

7

-

(7,156

)

PROVISIONS FOR LIABILITIES

(10,498

)

19,960

NET ASSETS

23,031

CAPITAL AND RESERVES

10

Called up share capital

10

19,950

Retained earnings

23,021

19,960

23,031

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 5 January 2026 and were signed by:

J Swallow - Director

1.	STATUTORY INFORMATION

J S Engineering (Gretna) Ltd is a private company, limited by shares , registered in Scotland. 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2024

74,590

Additions

37,187

Disposals

(25,585

)

At 30 April 2025

86,192

DEPRECIATION

At 1 May 2024

17,655

Charge for year

14,192

Eliminated on disposal

(910

)

At 30 April 2025

30,937

NET BOOK VALUE

At 30 April 2025

55,255

At 30 April 2024

56,935

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 May 2024

and 30 April 2025

20,809

DEPRECIATION

At 1 May 2024

9,104

Charge for year

2,925

At 30 April 2025

12,029

NET BOOK VALUE

At 30 April 2025

8,780

At 30 April 2024

11,705

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

84,862

75,681

Other debtors

-

778

84,862

76,459

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Hire purchase contracts

1,785

3,571

Trade creditors

21,161

25,955

Taxation and social security

4,910

3,217

Other creditors

82,256

100,244

110,112

132,987

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Hire purchase contracts

-

1,785

8.	RELATED PARTY DISCLOSURES

At 30 April 2025 an amount of £81,056 (2024- £99,044 )was owed to the director J Swallow by means of a directors loan account. This amount is interest free and repayable on demand.

Dividends of £8000 were paid to the director during the year.