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REGISTERED NUMBER: SC461246 (Scotland)










Unaudited Financial Statements

for the Year Ended

31 October 2023

for

JAYBE'S BAR-B-QUE CO LTD

JAYBE'S BAR-B-QUE CO LTD (REGISTERED NUMBER: SC461246)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

JAYBE'S BAR-B-QUE CO LTD

Company Information
for the Year Ended 31 October 2023







DIRECTOR: J Baillie





REGISTERED OFFICE: 585 Duke Street
Denniston
G31 1PY





REGISTERED NUMBER: SC461246 (Scotland)





ACCOUNTANTS: WDM Associates
Oakfield House
378 Brandon Street
Motherwell
ML1 1XA

JAYBE'S BAR-B-QUE CO LTD (REGISTERED NUMBER: SC461246)

Balance Sheet
31 October 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 14,755 17,411

CURRENT ASSETS
Stocks 3,000 3,000
Debtors 5 27,151 37,150
Cash at bank and in hand 156,487 188,952
186,638 229,102
CREDITORS
Amounts falling due within one year 6 (48,672 ) (57,731 )
NET CURRENT ASSETS 137,966 171,371
TOTAL ASSETS LESS CURRENT
LIABILITIES

152,721

188,782

CREDITORS
Amounts falling due after more than one
year

7

(25,834

)

(35,834

)

PROVISIONS FOR LIABILITIES (3,689 ) (4,353 )
NET ASSETS 123,198 148,595

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 123,197 148,594
123,198 148,595

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

JAYBE'S BAR-B-QUE CO LTD (REGISTERED NUMBER: SC461246)

Balance Sheet - continued
31 October 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 director and authorised for issue on 28 July 2024 and were signed by:





J Baillie - Director


JAYBE'S BAR-B-QUE CO LTD (REGISTERED NUMBER: SC461246)

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

1. STATUTORY INFORMATION

Jaybe's Bar-B-Que Co Ltd is a private company, limited by shares , registered in Scotland. 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.
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on cost
Computer equipment - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Basic financial instruments
Basic financial instruments, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost.

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.

JAYBE'S BAR-B-QUE CO LTD (REGISTERED NUMBER: SC461246)

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

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2022 - 14 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 November 2022 38,481 5,699 3,345 47,525
Additions 1,232 - - 1,232
At 31 October 2023 39,713 5,699 3,345 48,757
DEPRECIATION
At 1 November 2022 25,706 1,900 2,508 30,114
Charge for year 2,101 950 837 3,888
At 31 October 2023 27,807 2,850 3,345 34,002
NET BOOK VALUE
At 31 October 2023 11,906 2,849 - 14,755
At 31 October 2022 12,775 3,799 837 17,411

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 27,151 37,150

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 5,774 13,045
Taxation and social security 26,200 27,945
Other creditors 6,698 6,741
48,672 57,731

JAYBE'S BAR-B-QUE CO LTD (REGISTERED NUMBER: SC461246)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 25,834 35,834

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Jaybe's Bar-B-Que Co Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Jaybe's Bar-B-Que Co Ltd for the year ended 31 October 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the director of Jaybe's Bar-B-Que Co Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Jaybe's Bar-B-Que Co Ltd and state those matters that we have agreed to state to the director of Jaybe's Bar-B-Que Co Ltd in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Jaybe's Bar-B-Que Co Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Jaybe's Bar-B-Que Co Ltd. You consider that Jaybe's Bar-B-Que Co Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Jaybe's Bar-B-Que Co Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






WDM Associates
Oakfield House
378 Brandon Street
Motherwell
ML1 1XA


28 July 2024