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REGISTERED NUMBER: 03383693 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

FOR

JBG ENTERPRISES LIMITED

JBG ENTERPRISES LIMITED (REGISTERED NUMBER: 03383693)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JBG ENTERPRISES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTORS: J B Giannotti
S L Giannotti





SECRETARY: S L Giannotti





REGISTERED OFFICE: Riverside House
1-5 Como Street
Romford
Essex
RM7 7DN





REGISTERED NUMBER: 03383693 (England and Wales)





ACCOUNTANTS: Clemence Hoar Cummings
Chartered Accountants
Riverside House
1-5 Como Street
Romford
Essex
RM7 7DN

JBG ENTERPRISES LIMITED (REGISTERED NUMBER: 03383693)

BALANCE SHEET
30 JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 854 501
Investments 5 35,419 35,419
36,273 35,920

CURRENT ASSETS
Debtors 6 6,515,349 6,015,246
Cash at bank and in hand 834,376 743,142
7,349,725 6,758,388
CREDITORS
Amounts falling due within one year 7 5,679,820 5,332,215
NET CURRENT ASSETS 1,669,905 1,426,173
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,706,178

1,462,093

CREDITORS
Amounts falling due after more than
one year

8

23,337

33,333
NET ASSETS 1,682,841 1,428,760

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 1,682,839 1,428,758
SHAREHOLDERS' FUNDS 1,682,841 1,428,760

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.

JBG ENTERPRISES LIMITED (REGISTERED NUMBER: 03383693)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 February 2024 and were signed on its behalf by:




J B Giannotti - Director



S L Giannotti - Director


JBG ENTERPRISES LIMITED (REGISTERED NUMBER: 03383693)

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


1. STATUTORY INFORMATION

JBG Enterprises 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.

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 - 25% on cost
Computer equipment - 50% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

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

JBG ENTERPRISES LIMITED (REGISTERED NUMBER: 03383693)

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


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 July 2022 5,725 16,869 22,594
Additions - 707 707
At 30 June 2023 5,725 17,576 23,301
DEPRECIATION
At 1 July 2022 5,725 16,368 22,093
Charge for year - 354 354
At 30 June 2023 5,725 16,722 22,447
NET BOOK VALUE
At 30 June 2023 - 854 854
At 30 June 2022 - 501 501

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 July 2022
and 30 June 2023 35,419
NET BOOK VALUE
At 30 June 2023 35,419
At 30 June 2022 35,419

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 383
Other debtors 6,515,349 6,014,863
6,515,349 6,015,246

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 100 4,846
Taxation 67,005 79,319
VAT 230 1,524
Other creditors 5,594,635 5,190,048
Directors' current accounts 6,650 45,428
Accrued expenses and deferred income 1,200 1,050
5,679,820 5,332,215

JBG ENTERPRISES LIMITED (REGISTERED NUMBER: 03383693)

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


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 1-2 years 10,000 10,000
Bank loans - 2-5 years 13,337 23,333
23,337 33,333