Company Registration No. 11734996 (England and Wales)
JKTWMN Ltd
Unaudited accounts
for the year ended 31 December 2025
JKTWMN Ltd
Unaudited accounts
Contents
JKTWMN Ltd
Company Information
for the year ended 31 December 2025
Directors
William Mark Nutbeen
John Kenan Tetik
Company Number
11734996 (England and Wales)
Registered Office
3 CLAYTONWOOD BANK
LEEDS
LS16 6QZ
ENGLAND
Accountants
RAE Business Services (Yorkshire) Limited
167-169 Great Portland Street
5th Floor
London
W1W 5PF
JKTWMN Ltd
Accountants' report
Accountants' report to the board of directors of JKTWMN Ltd on the preparation of the unaudited statutory accounts for the year ended 31 December 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
JKTWMN Ltd for the year ended
31 December 2025 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of JKTWMN Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of JKTWMN Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than JKTWMN Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that JKTWMN Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of JKTWMN Ltd. You consider that JKTWMN Ltd 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 accounts of JKTWMN Ltd. 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 accounts.
RAE Business Services (Yorkshire) Limited
167-169 Great Portland Street
5th Floor
London
W1W 5PF
26 August 2026
JKTWMN Ltd
Statement of financial position
as at 31 December 2025
Investment property
287,000
275,000
Cash at bank and in hand
1,661
733
Creditors: amounts falling due within one year
(117,310)
(103,061)
Net current liabilities
(115,649)
(90,905)
Total assets less current liabilities
171,351
184,095
Creditors: amounts falling due after more than one year
(148,785)
(148,785)
Provisions for liabilities
Deferred tax
(5,641)
(8,827)
Called up share capital
2
2
Revaluation reserve
47,149
47,149
Profit and loss account
(30,226)
(20,668)
Shareholders' funds
16,925
26,483
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 8 September 2026 and were signed on its behalf by
William Mark Nutbeen
Director
Company Registration No. 11734996
JKTWMN Ltd
Notes to the Accounts
for the year ended 31 December 2025
JKTWMN Ltd is a private company, limited by shares, registered in England and Wales, registration number 11734996. The registered office is 3 CLAYTONWOOD BANK, LEEDS, LS16 6QZ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Fair value at 1 January 2025
275,000
At 31 December 2025
287,000
Amounts falling due after more than one year
JKTWMN Ltd
Notes to the Accounts
for the year ended 31 December 2025
6
Creditors: amounts falling due within one year
2025
2024
Other creditors
4,037
13,000
Loans from directors
112,301
89,089
7
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
148,785
148,785
Aggregate of amounts that fall due for payment after five years
148,785
148,785
Included in long term creditors are bank loans secured on investment properties. Personal guarantees have been provided.
8
Deferred taxation
2025
2024
Revaluation of investment property
15,716
15,716
Tax losses carried forward
(10,075)
(6,889)
Provision at start of year
8,827
14,046
Credited to the profit and loss account
(3,186)
(5,219)
Provision at end of year
5,641
8,827
9
Transactions with related parties
Included in current liabilities is a loan of £13.600 (2023 - £14,350) from JTWN Ltd, a related company. The loan is interest-free and repayable on demand.
10
Average number of employees
During the year the average number of employees was 0 (2024: 0).