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REGISTERED NUMBER: 07593021 (England and Wales)















Unaudited Financial Statements

for the Period 31 July 2022 to 31 December 2023

for

JFB Management Ltd

JFB Management Ltd (Registered number: 07593021)






Contents of the Financial Statements
for the Period 31 July 2022 to 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


JFB Management Ltd

Company Information
for the Period 31 July 2022 to 31 December 2023







DIRECTOR: B Bidnell





REGISTERED OFFICE: 10 Orange Street
London
WC2H 7DQ





REGISTERED NUMBER: 07593021 (England and Wales)





ACCOUNTANTS: Sherwoods Ltd
Chartered Certified Accountants
1st Floor
27 Shirwell Crescent
Furzton Lake
Milton Keynes
Buckinghamshire
MK4 1GA

JFB Management Ltd (Registered number: 07593021)

Balance Sheet
31 December 2023

31.12.23 30.7.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 100,000 100,000

CURRENT ASSETS
Debtors 5 1,607,328 1,607,328
Cash at bank 2,227 137,501
1,609,555 1,744,829
CREDITORS
Amounts falling due within one year 6 3,545,591 3,679,114
NET CURRENT LIABILITIES (1,936,036 ) (1,934,285 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,836,036

)

(1,834,285

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (1,836,136 ) (1,834,385 )
SHAREHOLDERS' FUNDS (1,836,036 ) (1,834,285 )

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

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

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 24 September 2024 and were signed by:





B Bidnell - Director


JFB Management Ltd (Registered number: 07593021)

Notes to the Financial Statements
for the Period 31 July 2022 to 31 December 2023

1. STATUTORY INFORMATION

JFB Management 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.

INVESTMENTS IN SUBSIDIARIES
Investments in subsidiary undertakings are recognised at cost.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 31 July 2022
and 31 December 2023 100,000
NET BOOK VALUE
At 31 December 2023 100,000
At 30 July 2022 100,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 30.7.22
£    £   
Other debtors 1,607,328 1,607,328

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 30.7.22
£    £   
Trade creditors - (1 )
Other creditors 3,545,591 3,679,115
3,545,591 3,679,114

JFB Management Ltd (Registered number: 07593021)

Notes to the Financial Statements - continued
for the Period 31 July 2022 to 31 December 2023

7. RELATED PARTY DISCLOSURES

The following transactions with companies in which Mr D Keech was a director (for part of the previous year) were entered into during the period:


At the year end an amount of £1,212,185 (2022: £1,212,185) was owed by Pedralbes Limited and is included in other debtors.

An amount of £387,910 (2022: £387,910) was owed by Latimer Associates (UK) Limited at the year end.

Administrative expenses of £935,623 (2022: £778,924) were paid on behalf of and cash advances of £1,070,647 (2022: £896,591) were received from Latimer Land (Luton) Limited. An amount of £142,086 (2022: £277,110) was owed to Latimer Land (Luton) Limited at the year end and is included in other creditors.






















8. ULTIMATE CONTROLLING PARTY

The company is controlled by the director.