0 false false false false false false false false false false true false false false false true false No description of principal activity 2023-01-01 Sage Accounts Production Advanced 2023 - FRS102_2023 1,086,371 1,086,371 1,086,371 xbrli:pure xbrli:shares iso4217:GBP 10994199 2023-01-01 2023-12-31 10994199 2023-12-31 10994199 2022-12-31 10994199 2022-01-01 2022-12-31 10994199 2022-12-31 10994199 2021-12-31 10994199 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 10994199 bus:Director1 2023-01-01 2023-12-31 10994199 core:ShareCapital 2023-12-31 10994199 core:ShareCapital 2022-12-31 10994199 core:SharePremium 2023-12-31 10994199 core:SharePremium 2022-12-31 10994199 core:CostValuation core:Non-currentFinancialInstruments 2023-12-31 10994199 core:Non-currentFinancialInstruments 2023-12-31 10994199 core:Non-currentFinancialInstruments 2022-12-31 10994199 bus:SmallEntities 2023-01-01 2023-12-31 10994199 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 10994199 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 10994199 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 10994199 bus:FullAccounts 2023-01-01 2023-12-31 10994199 bus:OrdinaryShareClass1 2023-12-31 10994199 bus:OrdinaryShareClass1 2022-12-31 10994199 core:OtherMiscellaneousReserve 2023-01-01 2023-12-31
COMPANY REGISTRATION NUMBER: 10994199
JAB ENTERPRISES UK 1 LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
31 December 2023
JAB ENTERPRISES UK 1 LIMITED
STATEMENT OF FINANCIAL POSITION
31 December 2023
2023
2022
Note
£
£
Fixed assets
Investments
4
1,086,371
1,086,371
------------
------------
Total assets less current liabilities
1,086,371
1,086,371
------------
------------
Capital and reserves
Called up share capital
5
300
300
Share premium account
6
1,086,071
1,086,071
------------
------------
Shareholders funds
1,086,371
1,086,371
------------
------------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 31 August 2024 , and are signed on behalf of the board by:
Mr J Bradbury
Director
Company registration number: 10994199
JAB ENTERPRISES UK 1 LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 37 Lanchester Way, Royal Oak Industrial, Daventry, Northamptonshire, NN11 8PH.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Consolidation
The entity has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the entity and its subsidiary undertakings comprise a small group.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Financial instruments
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
4. Investments
Shares in group undertakings
£
Cost
At 1 January 2023 and 31 December 2023
1,086,371
------------
Impairment
At 1 January 2023 and 31 December 2023
------------
Carrying amount
At 31 December 2023
1,086,371
------------
At 31 December 2022
1,086,371
------------
5. Called up share capital
Issued, called up and fully paid
2023
2022
No.
£
No.
£
Ordinary shares of £ 1 each
300
300
300
300
----
----
----
----
6. Reserves
Share premium account Shares allotted as consideration for the sale of shares in RTK Technologies USA, LLC pursuant to a share exchange agreement dated 6 April 2018.