IRIS Accounts Production v23.3.1.45 09557327 Board of Directors Board of Directors 1.4.22 31.3.23 31.3.23 false true false false true false Ordinary 1.00000 13488 20300 12418 25906 13488 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh095573272022-03-31095573272023-03-31095573272022-04-012023-03-31095573272021-03-31095573272021-04-012022-03-31095573272022-03-3109557327ns10:Originalns15:EnglandWales2022-04-012023-03-3109557327ns14:PoundSterlingns10:Original2022-04-012023-03-3109557327ns10:Originalns10:Director12022-04-012023-03-3109557327ns10:Original2022-04-012023-03-3109557327ns10:Originalns10:Director22022-04-012023-03-3109557327ns10:Original2023-03-3109557327ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3109557327ns10:Originalns10:SmallEntities2022-04-012023-03-3109557327ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3109557327ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3109557327ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3109557327ns10:Originalns10:FullAccounts2022-04-012023-03-3109557327ns10:Originalns10:OrdinaryShareClass12022-04-012023-03-3109557327ns10:Original42ns10:Director22022-03-3109557327ns10:Original42ns10:Director22021-03-3109557327ns10:Original42ns10:Director22022-04-012023-03-3109557327ns10:Original42ns10:Director22023-03-3109557327ns10:Original42ns10:Director22022-03-3109557327ns10:Originalns10:RegisteredOffice2022-04-012023-03-3109557327ns10:Original2022-03-3109557327ns10:Originalns5:CurrentFinancialInstruments2023-03-3109557327ns10:Originalns5:CurrentFinancialInstruments2022-03-3109557327ns10:Originalns5:Non-currentFinancialInstruments2023-03-3109557327ns10:Originalns5:Non-currentFinancialInstruments2022-03-3109557327ns5:ShareCapitalns10:Original2023-03-3109557327ns5:ShareCapitalns10:Original2022-03-3109557327ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3109557327ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3109557327ns10:Originalns5:PlantMachinery2022-04-012023-03-3109557327ns10:Original2021-04-012022-03-3109557327ns10:Originalns5:PlantMachinery2022-03-3109557327ns10:Originalns5:PlantMachinery2023-03-3109557327ns10:Originalns5:PlantMachinery2022-03-3109557327ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3109557327ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-3109557327ns5:AcceleratedTaxDepreciationDeferredTaxns10:Original2023-03-3109557327ns10:Originalns5:DeferredTaxation2022-03-3109557327ns10:Originalns5:DeferredTaxation2022-04-012023-03-3109557327ns10:Originalns5:DeferredTaxation2023-03-3109557327ns10:Originalns10:OrdinaryShareClass12023-03-3109557327ns10:Original1ns10:Director12022-03-3109557327ns10:Original1ns10:Director12021-03-3109557327ns10:Original1ns10:Director12022-04-012023-03-3109557327ns10:Original1ns10:Director12021-04-012022-03-3109557327ns10:Original1ns10:Director12023-03-3109557327ns10:Original1ns10:Director12022-03-31
REGISTERED NUMBER: 09557327 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

J B S Commercial Consultants Ltd

J B S Commercial Consultants Ltd (Registered number: 09557327)






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


J B S Commercial Consultants Ltd

Company Information
for the Year Ended 31 March 2023







DIRECTORS: Mrs R J Sparkes
J E Sparkes





REGISTERED OFFICE: 9 Byford Court
Crockatt Road
Hadleigh
Ipswich
Suffolk
IP7 6RD





REGISTERED NUMBER: 09557327 (England and Wales)





ACCOUNTANTS: Suffolk Tax Accountants Group
9 Byford Court
Crockatt Road
Hadleigh
Ipswich
Suffolk
IP7 6RD

J B S Commercial Consultants Ltd (Registered number: 09557327)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,568 2,182

CURRENT ASSETS
Debtors 5 57,701 57,978
Cash at bank 24,558 11,487
82,259 69,465
CREDITORS
Amounts falling due within one year 6 72,980 54,130
NET CURRENT ASSETS 9,279 15,335
TOTAL ASSETS LESS CURRENT LIABILITIES 12,847 17,517

CREDITORS
Amounts falling due after more than one year 7 (12,619 ) (17,343 )

PROVISIONS FOR LIABILITIES 8 (55 ) -
NET ASSETS 173 174

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 73 74
SHAREHOLDERS' FUNDS 173 174

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 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 S Commercial Consultants Ltd (Registered number: 09557327)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 January 2024 and were signed on its behalf by:




J E Sparkes - Director



Mrs R J Sparkes - Director


J B S Commercial Consultants Ltd (Registered number: 09557327)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

J B S Commercial Consultants Ltd 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 represents the fair value of services provided during the period on client assignments. Turnover is recognised as contract activity progresses and the right to consideration is earned. Turnover excludes value added tax. Unbilled turnover on individual client assignments is included as accrued income within debtors. Where individual on account billings exceed revenue recognised on client assignments, the excess is classified as deferred income within creditors.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 15% 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 2 (2022 - 2 ) .

J B S Commercial Consultants Ltd (Registered number: 09557327)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 10,985
Additions 2,758
At 31 March 2023 13,743
DEPRECIATION
At 1 April 2022 8,803
Charge for year 1,372
At 31 March 2023 10,175
NET BOOK VALUE
At 31 March 2023 3,568
At 31 March 2022 2,182

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 3,773 18,469
Amounts owed by group undertakings - 3,850
Other debtors 53,928 35,659
57,701 57,978

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts 5,200 5,200
Trade creditors 1,320 1,605
Taxation and social security 65,332 45,763
Other creditors 1,128 1,562
72,980 54,130

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans 12,619 17,343

8. PROVISIONS FOR LIABILITIES
31.3.23
£   
Deferred tax
Accelerated capital allowances 55

J B S Commercial Consultants Ltd (Registered number: 09557327)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 April 2022 (248 )
Provided during year 303
Balance at 31 March 2023 55

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
100 Ordinary £1 100 100

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31.3.23 31.3.22
£    £   
J E Sparkes and Mrs R J Sparkes
Balance outstanding at start of year 13,488 20,300
Amounts advanced 12,418 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 25,906 13,488