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Company Registration No. 11816429 (England and Wales)
JB Drains and Gutters Ltd Unaudited accounts for the year ended 28 February 2023
JB Drains and Gutters Ltd Unaudited accounts Contents
Page
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JB Drains and Gutters Ltd Company Information for the year ended 28 February 2023
Directors
John Barrett Laura Barrett
Company Number
11816429 (England and Wales)
Registered Office
Unit 2 Gore Ox Farm Robinson Road Horndon on the Hill SS178PU United Kingdom
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JB Drains and Gutters Ltd Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
77,585 
58,579 
Current assets
Inventories
- 
12,000 
Debtors
38,175 
20,099 
Cash at bank and in hand
7,271 
1,605 
45,446 
33,704 
Creditors: amounts falling due within one year
(25,459)
(10,773)
Net current assets
19,987 
22,931 
Total assets less current liabilities
97,572 
81,510 
Creditors: amounts falling due after more than one year
(49,183)
(48,247)
Net assets
48,389 
33,263 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
47,389 
32,263 
Shareholders' funds
48,389 
33,263 
For the year ending 28 February 2023 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 1 October 2023 and were signed on its behalf by
John Barrett Director Company Registration No. 11816429
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JB Drains and Gutters Ltd Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
JB Drains and Gutters Ltd is a private company, limited by shares, registered in England and Wales, registration number 11816429. The registered office is Unit 2 Gore Ox Farm, Robinson Road, Horndon on the Hill, SS178PU, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
16%
Motor vehicles
16%
Computer equipment
16%
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2022
27,016 
40,228 
799 
68,043 
Additions
13,643 
30,328 
737 
44,708 
Disposals
- 
(13,995)
- 
(13,995)
At 28 February 2023
40,659 
56,561 
1,536 
98,756 
Depreciation
At 1 March 2022
5,972 
3,328 
164 
9,464 
Charge for the year
5,861 
7,594 
196 
13,651 
On disposals
- 
(1,944)
- 
(1,944)
At 28 February 2023
11,833 
8,978 
360 
21,171 
Net book value
At 28 February 2023
28,826 
47,583 
1,176 
77,585 
At 28 February 2022
21,044 
36,900 
635 
58,579 
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JB Drains and Gutters Ltd Notes to the Accounts for the year ended 28 February 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
36,975 
19,099 
Other debtors
200 
- 
37,175 
19,099 
Amounts falling due after more than one year
Other debtors
1,000 
1,000 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
4,526 
- 
VAT
4,498 
3,547 
Trade creditors
3,146 
1,432 
Taxes and social security
10,079 
3,766 
Other creditors
1,013 
2,028 
Loans from directors
2,197 
- 
25,459 
10,773 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
11,624 
15,015 
Obligations under finance leases and hire purchase contracts
37,559 
29,396 
Taxes and social security
- 
(935)
Loans from directors
- 
4,771 
49,183 
48,247 
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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