JEC Adiuvo UK Ltd. - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 06071892 (England and Wales)

Unaudited Financial Statements

for the Period

1 April 2022 to 30 June 2023

for

JEC Adiuvo UK Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs J M Stokes

C M Stokes

REGISTERED OFFICE:

205 Eagle Tower,

Montpellier Drive

Cheltenham

Gloucestershire

GL50 1TA

REGISTERED NUMBER:

06071892 (England and Wales)

ACCOUNTANTS:

Lane Monnington Welton

Chartered Accountants

Riverside View

Basing Road

Old Basing

Basingstoke

Hampshire

RG24 7AL

FIXED ASSETS

Tangible assets

4

3,886

8,924

CURRENT ASSETS

Debtors

5

499,272

676,416

Cash at bank

191,801

332,990

691,073

1,009,406

CREDITORS

Amounts falling due within one year

6

409,817

456,349

NET CURRENT ASSETS

281,256

553,057

TOTAL ASSETS LESS CURRENT LIABILITIES

285,142

561,981

CREDITORS

Amounts falling due after more than one year

7

(169,367

)

(235,825

)

PROVISIONS FOR LIABILITIES

9

(738

)

(1,696

)

NET ASSETS

115,037

324,460

CAPITAL AND RESERVES

Called up share capital

10

2

2

Retained earnings

115,035

324,458

SHAREHOLDERS' FUNDS

115,037

324,460

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2023 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 February 2024 and were signed on its behalf by:

Mrs J M Stokes - Director

1.	STATUTORY INFORMATION

JEC Adiuvo UK Ltd. 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

33% on cost

Financial instruments

Debtors and creditors payable/receivable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Loans and borrowings

Loans and borrowings are initially recognised at the transaction price, including transaction costs. Subsequently they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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, adjusted for indexation where applicable.

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 period 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

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.

Impairment

Assets not measured at fair value are reviewed for any indication that an asset may be impaired at each balance sheet date. The directors review the carrying amount of the relevant assets and compare them to their market values and recoverable amounts. Where the carrying amount exceeds this, an impairment loss is recognised in profit or loss, unless the asset is carried at a revalued amount, where the impairment loss is a revaluation decrease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 33 (2022 - 27 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2022

28,902

Additions

5,134

Disposals

(5,889

)

At 30 June 2023

28,147

DEPRECIATION

At 1 April 2022

19,978

Charge for period

9,822

Eliminated on disposal

(5,539

)

At 30 June 2023

24,261

NET BOOK VALUE

At 30 June 2023

3,886

At 31 March 2022

8,924

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.23

31.3.22

£

£

Trade debtors

410,442

402,431

Other debtors

88,830

273,985

499,272

676,416

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.23

31.3.22

£

£

Trade creditors

63,878

77,642

Taxation and social security

204,370

202,902

Other creditors

141,569

175,805

409,817

456,349

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.23

31.3.22

£

£

Other creditors

169,367

235,825

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

-

14,158

8.	SECURED DEBTS

The following secured debts are included within creditors:

30.6.23

31.3.22

£

£

Bank loans

80,000

100,000

The company has allowed a fixed and floating charge over the company's assets as security for the bank.

9.	PROVISIONS FOR LIABILITIES

30.6.23

31.3.22

£

£

Deferred tax

738

1,696

Deferred

tax

£

Balance at 1 April 2022

1,696

Accelerated capital allowances

(958

)

Balance at 30 June 2023

738

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.23

31.3.22

value:

£

£

2

Ordinary

£1

2

2