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REGISTERED NUMBER: 07961208 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

JAB SITE MANAGEMENT LIMITED

JAB SITE MANAGEMENT LIMITED (REGISTERED NUMBER: 07961208)






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


JAB SITE MANAGEMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: D Bladon





REGISTERED OFFICE: The Old Carriage Works
Moresk Road
Truro
Cornwall
TR1 1DG





REGISTERED NUMBER: 07961208 (England and Wales)





ACCOUNTANTS: Lang Bennetts
The Old Carriage Works
Moresk Road
TRURO
Cornwall
TR1 1DG

JAB SITE MANAGEMENT LIMITED (REGISTERED NUMBER: 07961208)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 96,628 83,435
Investments 6 2,305 2,305
98,933 85,740

CURRENT ASSETS
Debtors 7 304,105 212,668
Cash at bank 38,028 92,777
342,133 305,445
CREDITORS
Amounts falling due within one year 8 257,968 250,074
NET CURRENT ASSETS 84,165 55,371
TOTAL ASSETS LESS CURRENT
LIABILITIES

183,098

141,111

CREDITORS
Amounts falling due after more than one year 9 (57,475 ) (51,915 )

PROVISIONS FOR LIABILITIES (24,157 ) (15,854 )
NET ASSETS 101,466 73,342

CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings 101,166 73,042
SHAREHOLDERS' FUNDS 101,466 73,342

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.

JAB SITE MANAGEMENT LIMITED (REGISTERED NUMBER: 07961208)

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 November 2023 and were signed by:





D Bladon - Director


JAB SITE MANAGEMENT LIMITED (REGISTERED NUMBER: 07961208)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

JAB Site Management 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements contain information about JAB Site Management Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on cost, 25% on reducing balance and 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

JAB SITE MANAGEMENT LIMITED (REGISTERED NUMBER: 07961208)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

3. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 10 ) .

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 258,043
Additions 65,243
Disposals (29,409 )
At 31 March 2023 293,877
DEPRECIATION
At 1 April 2022 174,608
Charge for year 37,346
Eliminated on disposal (14,705 )
At 31 March 2023 197,249
NET BOOK VALUE
At 31 March 2023 96,628
At 31 March 2022 83,435

JAB SITE MANAGEMENT LIMITED (REGISTERED NUMBER: 07961208)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 April 2022 29,409
Additions 55,794
Disposals (29,409 )
At 31 March 2023 55,794
DEPRECIATION
At 1 April 2022 14,705
Charge for year 13,949
Eliminated on disposal (14,705 )
At 31 March 2023 13,949
NET BOOK VALUE
At 31 March 2023 41,845
At 31 March 2022 14,704

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2022
and 31 March 2023 2,305
NET BOOK VALUE
At 31 March 2023 2,305
At 31 March 2022 2,305

The Company has three wholly owned subsidiaries; JAB Norway, JAB Portugal and JAB Sweden, all registered in the relevant country.
The investment is included in the balance sheet at cost, for the subscription shares, when the subsidiary was formed.

JAB SITE MANAGEMENT LIMITED (REGISTERED NUMBER: 07961208)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 288,885 26,755
Amounts owed by group undertakings 2,114 127,069
Other debtors 13,106 58,844
304,105 212,668

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 3,703 1,731
Trade creditors 27,991 2,787
Amounts owed to group undertakings 22,986 -
Taxation and social security 28,298 58,117
Other creditors 174,990 187,439
257,968 250,074

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 33,956 18,505
Other creditors 23,519 33,410
57,475 51,915

10. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Hire purchase contracts 37,659 20,236

JAB SITE MANAGEMENT LIMITED (REGISTERED NUMBER: 07961208)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2023 and 31 March 2022:

2023 2022
£    £   
D Bladon
Balance outstanding at start of year (172,000 ) (140,000 )
Amounts advanced 127,828 140,000
Amounts repaid (67,612 ) (172,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (111,784 ) (172,000 )

The loan is interest free and repayable on demand.

12. RELATED PARTY DISCLOSURES

The Company provides management services and administration support for its overseas subsidiaries. Management charges of £163,842 were charged during the year. (2022 - £650,595)

13. ULTIMATE CONTROLLING PARTY

The controlling party is Mr D Bladon by virtue of of his and a connected party's shareholding.