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The modelling and stabilising control of networked control systems (NCSs) with stochastic packet loss and time-varying delays are addressed. In specific, a novel Markovian jump linear system with time-varying delays is used to model the NCS. Without using the augmented state method, sufficient conditions for the stochastic stabilisation of the NCS with packet loss and time-varying delays are obtained via the mode-dependent Lyapunov function method. The mode-dependent controller for the closed-loop NCS is presented in the linear matrix inequalities formulation via the Shur complement theory. A numerical example is given to illustrate the effectiveness of the proposed method.