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REGISTERED NUMBER: 08372452 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

J B N BUILDING SERVICES LIMITED

J B N BUILDING SERVICES LIMITED (REGISTERED NUMBER: 08372452)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


J B N BUILDING SERVICES LIMITED

Company Information
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: I Botiz





SECRETARY: N Botiz





REGISTERED OFFICE: Boundary House
Cricket Field Road
Uxbridge
Middlesex
UB8 1QG





REGISTERED NUMBER: 08372452 (England and Wales)





ACCOUNTANTS: Diverset Limited
Chartered Accountants
Ferrari House
258 Field End Road
Ruislip
Middlesex
HA4 9UU

J B N BUILDING SERVICES LIMITED (REGISTERED NUMBER: 08372452)

Balance Sheet
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 46,031 26,391

CURRENT ASSETS
Debtors 5 444,272 331,903
Cash at bank and in hand 643,842 124,441
1,088,114 456,344
CREDITORS
Amounts falling due within one year 6 302,138 111,993
NET CURRENT ASSETS 785,976 344,351
TOTAL ASSETS LESS CURRENT LIABILITIES 832,007 370,742

CREDITORS
Amounts falling due after more than one
year

7

(38,126

)

(34,481

)

PROVISIONS FOR LIABILITIES (8,746 ) (5,014 )
NET ASSETS 785,135 331,247

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 785,035 331,147
SHAREHOLDERS' FUNDS 785,135 331,247

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

J B N BUILDING SERVICES LIMITED (REGISTERED NUMBER: 08372452)

Balance Sheet - continued
31 MARCH 2023


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 May 2023 and were signed by:





I Botiz - Director


J B N BUILDING SERVICES LIMITED (REGISTERED NUMBER: 08372452)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2023


1. STATUTORY INFORMATION

J B N Building Services Limited 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.

In the light of the COVID-19 pandemic, the directors have concluded that the company is and remains a going concern based on good trading results since the year end.

Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 year 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.

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.

J B N BUILDING SERVICES LIMITED (REGISTERED NUMBER: 08372452)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2023


2. ACCOUNTING POLICIES - continued

Covid-19 related government support
Where the company has received grants or other Government support in connection with COVID-19, these have been accounted as follows :

Government Assistance loans are recognised and accounted as other commercial loans. Where material, grants paid by Government to lenders for fees or first years interest are recognised as other income along with the related costs.

Government or Local Authority grants are recognised in the period in which they are received.

Coronavirus Job Retention Scheme Grants are recognised in the period to which they relate.

Rent or Rates holidays are accounted in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 96,160
Additions 36,934
Disposals (5,559 )
At 31 March 2023 127,535
DEPRECIATION
At 1 April 2022 69,769
Charge for year 11,735
At 31 March 2023 81,504
NET BOOK VALUE
At 31 March 2023 46,031
At 31 March 2022 26,391

The assets purchased under Hire Purchase had a Net Book Value of £29,475 (2022 = £nil) and depreciation for the year of £7,387 (2022 = £nil)

J B N BUILDING SERVICES LIMITED (REGISTERED NUMBER: 08372452)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2023


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 432,209 331,903
Other debtors 12,063 -
444,272 331,903

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 9,900 10,000
Hire purchase contracts 7,195 -
Trade creditors - 3,640
Taxation and social security 223,485 97,729
Other creditors 61,558 624
302,138 111,993

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 24,935 34,481
Hire purchase contracts 13,191 -
38,126 34,481

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Hire purchase contracts 20,386 -

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £260,000 were paid to the director .

At the year end, the company owed the Director £62583 (2022 : £637).

10. CONTROLLING PARTY

The ultimate controlling party is I Botiz and N Botiz.