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REGISTERED NUMBER: SC141203 (Scotland)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

JKB (UK) LTD.

JKB (UK) LTD. (REGISTERED NUMBER: SC141203)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JKB (UK) LTD.

Company Information
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: J K Brown
Mrs S Phillips-Brown





SECRETARY: Mrs S Phillips-Brown





REGISTERED OFFICE: Mosshall Culter House Road
Milltimber
Aberdeenshire
AB13 0EN





REGISTERED NUMBER: SC141203 (Scotland)





ACCOUNTANTS: Fyfe Moir & Associates
1st Floor, 5 Abercrombie Crt
Prospect Road,
Westhill
Aberdeenshire
Grampian
AB32 6FE

JKB (UK) LTD. (REGISTERED NUMBER: SC141203)

Balance Sheet
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 491,772 500,894

CURRENT ASSETS
Debtors 5 23,417 4,846
Investments 6 724,354 358,818
Cash at bank 44,804 619,628
792,575 983,292
CREDITORS
Amounts falling due within one year 7 11,532 16,295
NET CURRENT ASSETS 781,043 966,997
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,272,815

1,467,891

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 8 (211,511 ) (205,494 )
Retained earnings 1,484,226 1,673,285
SHAREHOLDERS' FUNDS 1,272,815 1,467,891

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

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

JKB (UK) LTD. (REGISTERED NUMBER: SC141203)

Balance Sheet - continued
31 DECEMBER 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 23 September 2024 and were signed on its behalf by:





J K Brown - Director


JKB (UK) LTD. (REGISTERED NUMBER: SC141203)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Jkb (Uk) 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.

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 - 25% 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.

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 2 (2022 - 2 ) .

JKB (UK) LTD. (REGISTERED NUMBER: SC141203)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

4. TANGIBLE FIXED ASSETS
Freehold Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST
At 1 January 2023 489,290 36,765 92,901 618,956
Additions - 1,225 - 1,225
Disposals - - (92,901 ) (92,901 )
At 31 December 2023 489,290 37,990 - 527,280
DEPRECIATION
At 1 January 2023 - 34,333 83,729 118,062
Charge for year - 1,175 - 1,175
Eliminated on disposal - - (83,729 ) (83,729 )
At 31 December 2023 - 35,508 - 35,508
NET BOOK VALUE
At 31 December 2023 489,290 2,482 - 491,772
At 31 December 2022 489,290 2,432 9,172 500,894

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other debtors 23,417 4,846

6. CURRENT ASSET INVESTMENTS
31.12.23 31.12.22
£    £   
Listed investments 724,354 358,818

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts - 12,857
Taxation and social security 775 2,460
Other creditors 10,757 978
11,532 16,295

JKB (UK) LTD. (REGISTERED NUMBER: SC141203)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

8. RESERVES
Revaluation
reserve
£   
At 1 January 2023 (205,494 )
Reduction (6,017 )

At 31 December 2023 (211,511 )