09878832 2021-12-01 2022-11-30 09878832 uk-bus:Director1 2021-12-01 2022-11-30 09878832 uk-bus:AuditExemptWithAccountantsReport 2021-12-01 2022-11-30 09878832 uk-bus:SmallEntities 2021-12-01 2022-11-30 09878832 uk-bus:FullAccounts 2021-12-01 2022-11-30 09878832 uk-bus:PrivateLimitedCompanyLtd 2021-12-01 2022-11-30 09878832 2021-12-01 09878832 2022-11-30 09878832 2020-12-01 2021-11-30 09878832 2021-11-30 xbrli:pure iso4217:GBP 09878832 2020-12-01 2021-11-30
Company Registration Number : 09878832 (England and Wales)
09878832
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2022-11-30
false
JKB CROME COMPANY LIMITED
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2021-12-01
JKB CROME COMPANY LIMITED
Unaudited financial statements and annual report
For the year ended 30 November 2022
JKB CROME COMPANY LIMITED
Contents
For the year ended 30 November 2022

CONTENTS PAGE
Company Information 3
Director's Report 4
Director's Responsibilities Statement 5
Accountant's Report 5
Income Statement 6
Statement of Financial Position 7
Notes to the Financial Statements 8 - 9
Detailed Income Statement 10


JKB CROME COMPANY LIMITED
Company Information
For the year ended 30 November 2022

Company registration number 09878832 (England and Wales)
Director James BANJOKO
Registered office address 31 Church Street
Dagenham
RM10 9UR
UK
Accountant Macturner Accounting Ltd
Petronne House
31 Church Street
RM10 9UR












Accountant

Macturner Accounting Ltd

Petronne House
31 Church Street
RM10 9UR
JKB CROME COMPANY LIMITED
Director's Report
For the year ended 30 November 2022

The director presents his/her report and the Unaudited Financial Statements for the year ended 30 November 2022.
Principal activity
The principal activity of the company continued to be that of other information service activities not elsewhere classified.
Going concern
The financial statements have been prepared on a going concern basis unless it is inappropriate to presume that the company will continue in business.
Director of the company
The following directors held office during the whole of the period:
James Banjoko
Statement of director's responsibilities
The directors are responsible for preparing the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare such financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), FRS 102 1A
Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to;
  • select suitable accounting policies and then apply them consistently;
  • make judgements and accounting estimates that are reasonable and prudent; and
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Small company provisions
This report has been prepared in accordance with the special provisions for small companies within Part 15 of the Companies Act 2006.
Approved by the Board of directors and signed on its behalf by:
James BANJOKO (Director)
Date: 20 September 2023
This report was approved by the board on 2023-09-20 Date: 20 September 2023
JKB CROME COMPANY LIMITED
Accountant's report
For the year ended 30 November 2022

Accountant's Report to the board of directors on the preparation of the unaudited statutory accounts of JKB CROME COMPANY LIMITED for the year ended 30 November 2022.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of JKB CROME COMPANY LIMITED for the year ended 30 November 2022.


We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on these financial statements.


You have determined that the company is exempt from the statutory requirement for an audit for this accounting year. Therefore, the financial statements are unaudited.


The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.

Macturner Accounting Ltd

Petronne House
31 Church Street

RM10 9UR
2023-09-20 Date: 20 September 2023
5
JKB CROME COMPANY LIMITED
Income Statement
For the year ended 30 November 2022

2022 2021
Notes £ £
Turnover - 12,800
Gross (Loss)/profit - 12,800
Selling and distribution expenses - (86)
Administrative expenses (26,103) (28,215)
Operating loss 6 (26,103) (15,501)
Loss on ordinary activities before taxation (26,103) (15,501)
Loss for the year (26,103) (15,501)
/* == Copy of Frs105 Profit Loss for XML COntent ============================================================ */
Profit and loss account
2022 2021
£ £
JKB CROME COMPANY LIMITED
Statement of Financial Position
For the year ended 30 November 2022

2022 2021
Notes £ £
Current assets
Debtors 8 50,000 101,759
Cash and cash equivalents 9 - -
50,000 101,759
Current liabilities
Creditors: Amounts falling due within one year 10 (30,146) (45,896)
Corporation tax payable (4,730) (4,730)
(34,875) (50,626)
Net current assets/(liabilities) 15,125 51,133
Total assets less current liabilities 15,125 51,133
Non-current liabilities
Creditors: Amounts falling due after more than one year 11 (36,708) (46,613)
Net (liabilities)/assets (21,583) 4,520
Capital and reserves
Called up share capital 12 1 1
Retained earnings (21,584) 4,519
Shareholder's funds (21,583) 4,520
For the year ended 30 November 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
  • For the year ended 30 November 2022 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 director acknowledges their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared 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.
Approved by the Board on 23 September 2021
.............................
James BANJOKO (Director)
Company registration number: 09878832
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2022-11-30 30 November 2022
2022 2021
£ £
Current Assets 50,000 101,759
Creditors: amounts falling due within one year (34,875) (50,626)
Net current assets (liabilities) 15,125 51,133
Total assets less current liabilities 15,125 51,133
CREDITORS: Amounts falling due more than one year (36,708) (46,613)
Net Assets (liabilities) (21,583) 4,520
Capital and Reserves (21,583) 4,520
For the year ending 11/30/2022 the company was entitled to exemption 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. For the year ending 30-11-2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit for the year in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These financial statements have been prepared in accordance with the small companies provisions and in accordance with FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime.
Approved by the board of directors on 23 September 2021 2023-09-20 and signed on behalf of the board,
.............................
James BANJOKO
Director
Company registration number: 09878832
JKB CROME COMPANY LIMITED
Notes to the Financial Statements
For the year ended 30 November 2022

(1) General Information
JKB CROME COMPANY LIMITED is a private company limited by shares, domiciled and incorporated in England and Wales. Its registered office is Petronne House, 31 Church Street, Dagenham RM10 9UR.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

(3) Significant Accounting Policies
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated. These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies regime.
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met as described below.
Sale of goods
Sales of goods are recognised when the company has delivered the goods to the customer, no other significant obligation remains unfulfilled that may affect the customer's acceptance of the products and risks and rewards of ownership have transferred to them.
Employee benefits
Payments to defined contribution retirement benefit plans are recognised as an expense when employees have rendered service entitling them to the contributions.

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

(4) Critical accounting judgements and key sources of estimation uncertainty
No judgement
No significant judgements or estimates have been made in preparation of these financial statements.

(5) Turnover
The revenue from company's operations comprise:
2022 2021
£ £
Sales - 12,800
- 12,800

(6) Operating profit
Operating profit for the year from continuing operations has been arrived after charging:
2022 2021
£ £
Staff costs 1,816 2,014
Director's remuneration 22,000 24,000
23,816 26,014

(7) Employees
During the year, the average number of employees including director was 0 (2021 : 0)

The above numbers are averages for the year and calculated on a full-time equivalent basis. The aggregate payroll costs of the above were:
2022 2021
£ £
Wages and salaries 22,000 24,000
Social security cost 1,816 2,014
23,816 26,014

(8) Debtors
Amounts falling due within one year
2022 2021
£ £
Other debtors 50,000 101,759
50,000 101,759

(9) Cash and cash equivalents
2022 2021
£ £

(10) Creditors: Amounts falling due within one year
2022 2021
£ £
Trade creditors 2,274 1,583
Bank loans and overdrafts - 4,611
Other taxes and social security 18,020 12,884
Other creditors 9,851 26,818
30,145 45,896

(11) Creditors: Amounts falling due after more than one year
2022 2021
£ £
Bank loans and overdrafts 36,708 46,613
36,708 46,613

(12) Share capital and reserves
Alloted,called up and fully paid: 2022 2021
£ £
1 (2021 : 1) Ordinary Shares of £ 1 each11
1 1
Ordinary shares hold equal voting rights.
Retained earnings 2022
£
At 1 December 2021 4,519
Loss of the year (26,103)
At 30 November 2022 (21,584)
JKB CROME COMPANY LIMITED
Detailed Income Statement
For the year ended 30 November 2022

This section does not form part of the statutory accounts.

2022 2021
£ £
Turnover - 12,800
Gross Profit - 12,800
Less : Selling and distribution expenses
Subsistence - 86
- 86
Less : Administrative expenses
Accountancy, Bookkeeping and Auditing Fees 835 1,242
Bank Fees 103 88
Directors' Remuneration 22,000 24,000
Employers NI 1,816 2,014
Interest chargeable on Bounce Back Loan 1,146 358
Legal and Professional Fees 73 342
Premises Costs 130 166
Motor Expenses - 5
26,103 28,215
Operating loss (26,103) (15,501)
Loss on ordinary activities before taxation (26,103) (15,501)
Net loss for the year after taxation (26,103) (15,501)
Less : Distributions
Dividends - 2,000
- 2,000
Net loss for the year after dividends (26,103) (17,501)
Retained profits brought forward 4,519 22,020
Retained losses carried forward (21,584) 4,519