JTC WELDING & ENGINEERING LTD

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

Registered number: 12084339

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		130,799		82,310

			130,799		82,310
CURRENT ASSETS
Stocks	5	12,500		42,189
Debtors	6	151,878		49,676
Cash at bank and in hand		18,276		1,988

		182,654		93,853
Creditors: Amounts Falling Due Within One Year	7	(204,042 )		(111,736 )

NET CURRENT ASSETS (LIABILITIES)			(21,388 )		(17,883 )

TOTAL ASSETS LESS CURRENT LIABILITIES			109,411		64,427

Creditors: Amounts Falling Due After More Than One Year	8		(67,130 )		(37,850 )

NET ASSETS			42,281		26,577

CAPITAL AND RESERVES
Called up share capital	10		100		100
Revaluation reserve	11		21,421		21,421
Profit and Loss Account			20,760		5,056

SHAREHOLDERS' FUNDS			42,281		26,577

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JTC WELDING & ENGINEERING LTD

Balance Sheet (continued)

As At 31 July 2025

For the year ending 31 July 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 Leigh Mcneill

Director

31/03/2026

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

1. General Information

JTC WELDING & ENGINEERING LTD is a private company, limited by shares, incorporated in England & Wales, registered number 12084339 . The registered office is PO Box CO TAXAVE, 59 Gales Drive,Three Bridges, Crawley, RH10 1QA.

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:

Plant & Machinery	25% Reducing Balance
Motor Vehicles	25% Reducing Balance
Fixtures & Fittings	25% Reducing Balance
Computer Equipment	25% Reducing Balance

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.

2.6. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 2)

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JTC WELDING & ENGINEERING LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 August 2024	47,538	85,439	1,441	3,228	137,646
Additions	43,563	38,450	-	1,022	83,035

As at 31 July 2025	91,101	123,889	1,441	4,250	220,681

Depreciation
As at 1 August 2024	20,613	33,068	682	973	55,336
Provided during the period	13,958	19,668	190	730	34,546

As at 31 July 2025	34,571	52,736	872	1,703	89,882

Net Book Value
As at 31 July 2025	56,530	71,153	569	2,547	130,799

As at 1 August 2024	26,925	52,371	759	2,255	82,310

5. Stocks

	2025	2024
	£	£
Work in progress	12,500	42,189

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	10,181	19,367
Other debtors	141,697	30,309

	151,878	49,676

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	31,279	11,035
Trade creditors	46,920	23,609
Other creditors	3,337	901
Taxation and social security	122,506	76,191

	204,042	111,736

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

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	67,130	37,850

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JTC WELDING & ENGINEERING LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	31,279	11,035
Later than one year and not later than five years	95,916	37,850

	127,195	48,885
Less: Finance charges allocated to future periods	28,786	-

	98,409	48,885

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

11. Reserves

	Revaluation reserve	Profit and Loss Account
	£	£
As at 1 August 2024	21,421	5,056
Profit for the year and total comprehensive income	-	15,704

As at 31 July 2025	21,421	20,760

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