Company No:
Contents
DIRECTOR | J Baker |
REGISTERED OFFICE | Oak Tree Farm |
The Street | |
Regil | |
BS40 8BB | |
United Kingdom |
COMPANY NUMBER | 12403308 (England and Wales) |
CHARTERED ACCOUNTANTS | Bishop Fleming LLP |
10 Temple Back | |
Bristol | |
BS1 6FL |
Note | 2022 | 2021 | ||
£ | £ | |||
Fixed assets | ||||
Tangible assets | 3 |
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0 | 108,069 | |||
Current assets | ||||
Cash at bank and in hand |
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1 | 0 | |||
Creditors | ||||
Amounts falling due within one year | 4 | (
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Net current liabilities | (6,884) | (98,215) | ||
Total assets less current liabilities | (6,884) | 9,854 | ||
Creditors | ||||
Amounts falling due after more than one year | 5 |
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Net liabilities | (
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Capital and reserves | ||||
Called-up share capital | 6 |
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Profit and loss account | (
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Total shareholder's deficit | (
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Director's responsibilities:
The financial statements of JB29 Invest Ltd (registered number:
J Baker
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.
JB29 Invest Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Oak Tree Farm, The Street, Regil, BS40 8BB, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.
The director has assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
Vehicles |
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Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.
Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.
Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
2022 | 2021 | ||
Number | Number | ||
Monthly average number of persons employed by the Company during the year, including the director |
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Vehicles | Total | ||
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Cost | |||
At 01 February 2021 |
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Disposals | (
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At 31 January 2022 |
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Accumulated depreciation | |||
At 01 February 2021 |
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Disposals | (
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At 31 January 2022 |
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Net book value | |||
At 31 January 2022 |
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At 31 January 2021 |
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2022 | 2021 | ||
£ | £ | ||
Amounts owed to director |
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Accruals |
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Obligations under finance leases and hire purchase contracts |
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2022 | 2021 | ||
£ | £ | ||
Obligations under finance leases and hire purchase contracts |
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2022 | 2021 | ||
£ | £ | ||
Allotted, called-up and fully-paid | |||
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