JBO CONSTRUCTION LTD

Company Registration Number:
10632678 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

JBO CONSTRUCTION LTD

Contents of the Financial Statements

for the Period Ended 28 February 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 12

JBO CONSTRUCTION LTD

Company Information

for the Period Ended 28 February 2023




Director: FLORIN IORDACHE
Registered office: 6
Kelly Court
Borehamwood
England
WD6 5QU
Company Registration Number: 10632678 (England and Wales)

JBO CONSTRUCTION LTD

Directors' Report Period Ended 28 February 2023

The directors present their report with the financial statements of the company for the period ended 28 February 2023

Directors

The directors shown below have held office during the whole of the period from 01 March 2022 to 28 February 2023
FLORIN IORDACHE

This report was approved by the board of directors on 2 November 2023
And Signed On Behalf Of The Board By:

Name: FLORIN IORDACHE
Status: Director

JBO CONSTRUCTION LTD

Profit and Loss Account

for the Period Ended 28 February 2023


Notes

2023
£

2022
£
Turnover 483,210 487,520
Cost of sales ( 411,875 ) ( 390,872 )
Gross Profit or (Loss) 71,335 96,648
Administrative Expenses ( 37,965 ) ( 42,835 )
Operating Profit or (Loss) 33,370 53,813
Interest Payable and Similar Charges ( 104 ) -
Profit or (Loss) Before Tax 33,266 53,813
Tax on Profit ( 6,320 ) ( 10,224 )
Profit or (Loss) for Period 26,946 43,589

The notes form part of these financial statements

JBO CONSTRUCTION LTD

Balance sheet

As at 28 February 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 5 18,579 1,666
Total fixed assets: 18,579 1,666
Current assets
Debtors: 6 20,533 23,125
Cash at bank and in hand: 771 21,353
Total current assets: 21,304 44,478
Creditors: amounts falling due within one year: 7 ( 7,570 ) ( 11,754 )
Net current assets (liabilities): 13,734 32,724
Total assets less current liabilities: 32,313 34,390
Creditors: amounts falling due after more than one year: 8 ( 49,853 ) ( 45,323 )
Total net assets (liabilities): ( 17,540 ) ( 10,933 )

The notes form part of these financial statements

JBO CONSTRUCTION LTD

Balance sheet continued

As at 28 February 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: ( 17,640 ) ( 11,033 )
Shareholders funds: ( 17,540 ) ( 10,933 )

For the year ending 28 February 2023 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.

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.

This report was approved by the board of directors on 2 November 2023
And Signed On Behalf Of The Board By:

Name: FLORIN IORDACHE
Status: Director

The notes form part of these financial statements

JBO CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

JBO CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 2 1

JBO CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 3. Off balance sheet disclosure

    No

JBO CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Dividends


2023
£

2022
£
Dividends paid 26,843 40,640

JBO CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

5. Tangible assets

Motor vehicles Total
Cost £ £
At 01 March 2022 1,666 1,666
Additions 23,304 23,304
Disposals - -
Revaluations - -
Transfers - -
At 28 February 2023 24,970 24,970
Depreciation
At 01 March 2022 - -
Charge for year 6,391 6,391
On disposals - -
Other adjustments - -
At 28 February 2023 6,391 6,391
Net book value
At 28 February 2023 18,579 18,579
At 28 February 2022 1,666 1,666

JBO CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

6. Debtors


2023
£

2022
£
Other debtors 20,533 23,125
Total 20,533 23,125

JBO CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

7.Creditors: amounts falling due within one year note


2023
£

2022
£
Taxation and social security 6,320 10,224
Other creditors 1,250 1,530
Total 7,570 11,754

JBO CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

8.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 34,115 45,323
Amounts due under finance leases and hire purchase contracts 15,738
Total 49,853 45,323