REGISTERED NUMBER: 04513125 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

JC Metalworks Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

9

DIRECTORS:

J Chauhan

Mrs S Chauhan

JJ Chauhan

Mrs D Chauhan

SECRETARY:

JJ Chauhan

REGISTERED OFFICE:

Bishop Meadow Road

Loughborough

Leicestershire

LE11 5RE

REGISTERED NUMBER:

04513125 (England and Wales)

ACCOUNTANTS:

Charnwood Accountants & Business Advisors LLP

The Point

Granite Way

Mountsorrel

Loughborough

Leicestershire

LE12 7TZ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1,829,399

1,955,119

1,829,399

1,955,119

CURRENT ASSETS

Stocks

6

452,275

267,761

Debtors

7

1,438,965

1,763,972

Cash at bank and in hand

53,677

53,518

1,944,917

2,085,251

CREDITORS

Amounts falling due within one year

8

2,637,873

2,137,425

NET CURRENT LIABILITIES

(692,956

)

(52,174

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,136,443

1,902,945

CREDITORS

Amounts falling due after more than one year

9

(188,250

)

(372,523

)

PROVISIONS FOR LIABILITIES

(410,648

)

(463,443

)

NET ASSETS

537,545

1,066,979

CAPITAL AND RESERVES

Called up share capital

2,000

2,000

Retained earnings

535,545

1,064,979

SHAREHOLDERS' FUNDS

537,545

1,066,979

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 24 July 2026 and were signed on its behalf by:

JJ Chauhan - Director

1.	STATUTORY INFORMATION

JC Metalworks 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of ten years.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Stocks

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 items.

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 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.

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 89 (2024 - 89 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

30,000

AMORTISATION

At 1 January 2025

and 31 December 2025

30,000

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

Short

to

Plant and

leasehold

property

machinery

£

£

£

COST

At 1 January 2025

12,571

791,383

3,863,370

Additions

-

-

84,160

At 31 December 2025

12,571

791,383

3,947,530

DEPRECIATION

At 1 January 2025

9,638

273,706

2,618,614

Charge for year

628

31,656

164,709

At 31 December 2025

10,266

305,362

2,783,323

NET BOOK VALUE

At 31 December 2025

2,305

486,021

1,164,207

At 31 December 2024

2,933

517,677

1,244,756

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 January 2025

243,614

175,798

5,086,736

Additions

41,372

-

125,532

At 31 December 2025

284,986

175,798

5,212,268

DEPRECIATION

At 1 January 2025

154,755

74,904

3,131,617

Charge for year

31,317

22,942

251,252

At 31 December 2025

186,072

97,846

3,382,869

NET BOOK VALUE

At 31 December 2025

98,914

77,952

1,829,399

At 31 December 2024

88,859

100,894

1,955,119

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

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 January 2025

and 31 December 2025

1,498,385

58,435

1,556,820

DEPRECIATION

At 1 January 2025

741,613

4,870

746,483

Charge for year

98,577

9,739

108,316

At 31 December 2025

840,190

14,609

854,799

NET BOOK VALUE

At 31 December 2025

658,195

43,826

702,021

At 31 December 2024

756,772

53,565

810,337

6.

STOCKS

31.12.25

31.12.24

£

£

Stocks

147,497

141,970

Work-in-progress

304,778

125,791

452,275

267,761

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

1,275,632

1,594,515

Other debtors

163,333

169,457

1,438,965

1,763,972

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

909,099

637,899

Hire purchase contracts

152,273

173,032

Trade creditors

901,809

629,026

Taxation and social security

350,216

395,007

Other creditors

324,476

302,461

2,637,873

2,137,425

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans

5,333

37,333

Hire purchase contracts

182,917

335,190

188,250

372,523

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

£

Hire purchase contracts

335,190

508,222

The bank overdraft is secured against a charge over the company assets. Furthermore the company directors have agreed personal guarantees which total £877,099 (2024 : £605,899).

11.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr JJ & Mrs D Chauhan.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of JC Metalworks Limited for the year ended 31 December 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the Board of Directors of JC Metalworks Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of JC Metalworks Limited and state those matters that we have agreed to state to the Board of Directors of JC Metalworks Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that JC Metalworks Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of JC Metalworks Limited. You consider that JC Metalworks Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of JC Metalworks Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Charnwood Accountants & Business Advisors LLP

The Point

Granite Way

Mountsorrel

Loughborough

Leicestershire

LE12 7TZ

24 July 2026