IRIS Accounts Production v23.2.0.158 02603244 Board of Directors 1.7.22 30.6.23 30.6.23 false true false false true false Fair value model Ordinary 1.00000 Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh026032442022-06-30026032442023-06-30026032442022-07-012023-06-30026032442021-06-30026032442021-07-012022-06-30026032442022-06-3002603244ns10:Originalns15:EnglandWales2022-07-012023-06-3002603244ns14:PoundSterlingns10:Original2022-07-012023-06-3002603244ns10:Originalns10:Director12022-07-012023-06-3002603244ns10:Original2022-07-012023-06-3002603244ns10:Original2023-06-3002603244ns10:Originalns10:PrivateLimitedCompanyLtd2022-07-012023-06-3002603244ns10:Originalns10:SmallEntities2022-07-012023-06-3002603244ns10:Originalns10:AuditExempt-NoAccountantsReport2022-07-012023-06-3002603244ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-07-012023-06-3002603244ns10:SmallCompaniesRegimeForAccountsns10:Original2022-07-012023-06-3002603244ns10:Originalns10:FullAccounts2022-07-012023-06-3002603244ns10:Originalns10:OrdinaryShareClass12022-07-012023-06-3002603244ns10:Originalns10:Director22022-07-012023-06-3002603244ns10:CompanySecretary1ns10:Original2022-07-012023-06-3002603244ns10:Originalns10:RegisteredOffice2022-07-012023-06-3002603244ns10:Original2022-06-3002603244ns10:Originalns5:CurrentFinancialInstruments2023-06-3002603244ns10:Originalns5:CurrentFinancialInstruments2022-06-3002603244ns5:ShareCapitalns10:Original2023-06-3002603244ns5:ShareCapitalns10:Original2022-06-3002603244ns10:Originalns5:FurtherSpecificReserve3ComponentTotalEquity2023-06-3002603244ns10:Originalns5:FurtherSpecificReserve3ComponentTotalEquity2022-06-3002603244ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-06-3002603244ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-06-3002603244ns10:Originalns5:FurnitureFittings2022-07-012023-06-3002603244ns10:Originalns5:MotorVehicles2022-07-012023-06-3002603244ns10:Original2021-07-012022-06-3002603244ns10:Originalns5:FurnitureFittings2022-06-3002603244ns10:Originalns5:MotorVehicles2022-06-3002603244ns10:Original2022-06-3002603244ns10:Originalns5:FurnitureFittings2023-06-3002603244ns10:Originalns5:MotorVehicles2023-06-3002603244ns10:Originalns5:FurnitureFittings2022-06-3002603244ns10:Originalns5:MotorVehicles2022-06-3002603244ns10:Originalns10:OrdinaryShareClass12023-06-3002603244ns10:Originalns5:FurtherSpecificReserve3ComponentTotalEquity2022-06-30
REGISTERED NUMBER: 02603244 (England and Wales)





















J.B. MARKETING LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023






J.B. MARKETING LIMITED (REGISTERED NUMBER: 02603244)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 7


J.B. MARKETING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTORS: J N Brierley
Mrs I T Brierley





SECRETARY: Mrs I T Brierley





REGISTERED OFFICE: Tudor Barn
Old Road
Scaldwell
Northampton
NN6 9JZ





REGISTERED NUMBER: 02603244 (England and Wales)





ACCOUNTANTS: Phipps Henson McAllister
Chartered Accountants
22-24 Harborough Road
Kingsthorpe
Northampton
NN2 7AZ

J.B. MARKETING LIMITED (REGISTERED NUMBER: 02603244)

BALANCE SHEET
30 JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 741 920
Investment property 5 3,935,000 4,685,000
3,935,741 4,685,920

CURRENT ASSETS
Debtors 6 32,081 40,981
Investments 7 79,475 79,978
Cash at bank 2,031,928 1,294,020
2,143,484 1,414,979
CREDITORS
Amounts falling due within one year 8 45,810 68,735
NET CURRENT ASSETS 2,097,674 1,346,244
TOTAL ASSETS LESS CURRENT LIABILITIES 6,033,415 6,032,164

PROVISIONS FOR LIABILITIES 194,464 324,794
NET ASSETS 5,838,951 5,707,370

CAPITAL AND RESERVES
Called up share capital 9 100 100
Fair value reserve 10 1,021,481 974,383
Retained earnings 4,817,370 4,732,887
SHAREHOLDERS' FUNDS 5,838,951 5,707,370

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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. MARKETING LIMITED (REGISTERED NUMBER: 02603244)

BALANCE SHEET - continued
30 JUNE 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 October 2023 and were signed on its behalf by:





J N Brierley - Director


J.B. MARKETING LIMITED (REGISTERED NUMBER: 02603244)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023


1. STATUTORY INFORMATION

J.B. Marketing 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

J.B. MARKETING LIMITED (REGISTERED NUMBER: 02603244)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


2. ACCOUNTING POLICIES - continued

Debtors and creditors
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Government grants
Grants are accounted for under the accruals model as permitted by FRS102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income,

Grants of a revenue nature are recognised in the Statement of Comprehensive Income in the same period as the related expenditure.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 July 2022
and 30 June 2023 19,232 13,196 32,428
DEPRECIATION
At 1 July 2022 18,730 12,778 31,508
Charge for year 75 104 179
At 30 June 2023 18,805 12,882 31,687
NET BOOK VALUE
At 30 June 2023 427 314 741
At 30 June 2022 502 418 920

J.B. MARKETING LIMITED (REGISTERED NUMBER: 02603244)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2022 4,685,000
Disposals (750,000 )
At 30 June 2023 3,935,000
NET BOOK VALUE
At 30 June 2023 3,935,000
At 30 June 2022 4,685,000

Fair value at 30 June 2023 is represented by:
£   
Valuation in 2022 1,224,152
Cost 2,710,848
3,935,000

If investment property had not been revalued it would have been included at the following historical cost:

2023 2022
£    £   
Cost 2,710,848 3,385,823

Investment property was valued on an open market basis on 30 June 2023 by the directors .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 32,081 40,981

7. CURRENT ASSET INVESTMENTS
2023 2022
£    £   
Listed investments 79,475 79,978

J.B. MARKETING LIMITED (REGISTERED NUMBER: 02603244)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Corporation tax 32,259 44,743
Social security and other taxes - 16
VAT - 1,500
Directors' current accounts 11,556 19,521
Accruals and deferred income 1,995 2,955
45,810 68,735

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Fair
value
reserve
£   
At 1 July 2022 974,383
Transfer to non-distributable reserves 47,098

At 30 June 2023 1,021,481