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REGISTERED NUMBER: 07100652 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

JAYDEE BROOK LIMITED

JAYDEE BROOK LIMITED (REGISTERED NUMBER: 07100652)

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


JAYDEE BROOK LIMITED

COMPANY INFORMATION
For The Year Ended 31 December 2023







DIRECTORS: D M Laughton
J Laughton
T P Laughton
R Wigginton





SECRETARY: J Laughton





REGISTERED OFFICE: Brook House
Bakewell Road
Orton Southgate
Peterborough
Cambridgeshire
PE2 6BW





REGISTERED NUMBER: 07100652 (England and Wales)





ACCOUNTANTS: TC CH Limited
4 Office Village
Forder Way
Cygnet Park, Hampton
Peterborough
Cambridgeshire
PE7 8GX

JAYDEE BROOK LIMITED (REGISTERED NUMBER: 07100652)

BALANCE SHEET
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 713,743 1,067,327

CURRENT ASSETS
Stocks 15,100 4,900
Debtors 5 1,827,559 1,458,287
Cash at bank and in hand 2,390,081 1,602,922
4,232,740 3,066,109
CREDITORS
Amounts falling due within one year 6 2,674,696 1,830,960
NET CURRENT ASSETS 1,558,044 1,235,149
TOTAL ASSETS LESS CURRENT LIABILITIES 2,271,787 2,302,476

CREDITORS
Amounts falling due after more than one
year

7

(722,053

)

(676,229

)

PROVISIONS FOR LIABILITIES 8 - (30,996 )

ACCRUALS AND DEFERRED INCOME 9 (329,489 ) (80,428 )
NET ASSETS 1,220,245 1,514,823

CAPITAL AND RESERVES
Called up share capital 10 2 2
Retained earnings 11 1,220,243 1,514,821
SHAREHOLDERS' FUNDS 1,220,245 1,514,823

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.

JAYDEE BROOK LIMITED (REGISTERED NUMBER: 07100652)

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 26 September 2024 and were signed on its behalf by:





D M Laughton - Director


JAYDEE BROOK LIMITED (REGISTERED NUMBER: 07100652)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 December 2023


1. STATUTORY INFORMATION

Jaydee Brook Limited 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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and have also been consistently applied within the same accounts.

Significant judgements and estimates
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

No significant judgements (apart from those involving estimations) have been made by management in the process of applying the entity's accounting policies and preparing these financial statements.

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. There have been no key assumptions or there sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Financial instruments
The company holds basic financial instruments as defined in FRS102. The financial assets and financial liabilities of the company and their measurement basis are as follows:

Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at amortised cost.

Financial liabilities - trade creditors, accruals and other creditors and basic financial instruments and are measured at amortised cost. Taxation and social security and not included in the financial instruments disclosure definition.

Debtors
Short term debtors are initially measured at transaction price less attributable costs and then subsequently measured at amortised costs using EIR. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors
Short term trade creditors are initially measured at transaction price less attributable costs. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings - nil
Plant and machinery etc - 33% on cost

JAYDEE BROOK LIMITED (REGISTERED NUMBER: 07100652)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 December 2023


2. ACCOUNTING POLICIES - continued

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

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.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 17 (2022 - 17 ) .

JAYDEE BROOK LIMITED (REGISTERED NUMBER: 07100652)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 December 2023


4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2023 580,445 1,430,301 2,010,746
Additions - 586,799 586,799
Disposals (580,445 ) (426,115 ) (1,006,560 )
At 31 December 2023 - 1,590,985 1,590,985
DEPRECIATION
At 1 January 2023 - 943,419 943,419
Charge for year - 153,769 153,769
Eliminated on disposal - (219,946 ) (219,946 )
At 31 December 2023 - 877,242 877,242
NET BOOK VALUE
At 31 December 2023 - 713,743 713,743
At 31 December 2022 580,445 486,882 1,067,327

Fixed assets, included in the above, which are held under finance leases are as follows:

Plant and
machinery
etc
£   
COST
At 1 January 2023 754,662
Additions 579,735
Disposals (426,115 )
At 31 December 2023 908,282
DEPRECIATION
At 1 January 2023 283,237
Charge for year 143,957
Eliminated on disposal (219,946 )
At 31 December 2023 207,248
NET BOOK VALUE
At 31 December 2023 701,034
At 31 December 2022 471,425

JAYDEE BROOK LIMITED (REGISTERED NUMBER: 07100652)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 December 2023


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 828,026 646,178
Other debtors - 430
Directors' current accounts 798,199 601,373
Deferred tax asset
Accelerated capital allowances 10,970 -
Accrued income 133,457 130,644
Prepayments 56,907 79,662
1,827,559 1,458,287

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 138,845 128,154
Finance leases 109,858 131,772
Trade creditors 1,653,861 1,007,524
Amounts owed to group undertakings 64,500 -
Corporation tax 323,932 183,235
Social security and other taxes 42,148 44,779
VAT 194,617 98,983
Other creditors 7,856 6,528
Wages control account 70,347 58,861
Accruals and deferred income 68,732 171,124
2,674,696 1,830,960

The company was subject to a floating charge over its assets by way of debenture, this charge was created on 22 August 2014.

The company was subject to a further charge over its assets by way of a negative pledge, the charge was created on 10 September 2015. This is the mortgage legal charge.

The company was subject to a an additional fixed charged and a floating charge covers all the property or undertaking of the company. The charge also contains a negative pledge. The whole charge was created on 9 February 2021.

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans more 5 yrs non-inst 334,717 438,243
Finance leases 387,336 237,986
722,053 676,229

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 334,717 438,243

JAYDEE BROOK LIMITED (REGISTERED NUMBER: 07100652)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 December 2023


8. PROVISIONS FOR LIABILITIES
2022
£   
Deferred tax
Accelerated capital allowances 30,996

Deferred
tax
£   
Balance at 1 January 2023 30,996
Provided during year (41,966 )
Balance at 31 December 2023 (10,970 )

9. ACCRUALS AND DEFERRED INCOME
2023 2022
£    £   
Accruals and deferred income 329,489 80,428

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
130 Ordinary A £0.01 1 1
70 Ordinary B £0.01 1 1
8 Ordinary G £0.01 - -
2 2

8 Ordinary G shares of £0.01 each were allotted and fully paid for cash at par during the year.

During the year, the company increased its share capital via a share issue of 8 G Ordinary shares. The shares were issued to two employees of the company, Tom Laughton and Richard Wigginton.

11. RESERVES
Retained
earnings
£   

At 1 January 2023 1,514,821
Profit for the year 1,006,280
Dividends (1,300,858 )
At 31 December 2023 1,220,243

JAYDEE BROOK LIMITED (REGISTERED NUMBER: 07100652)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 December 2023


12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

2023 2022
£    £   
D M Laughton
Balance outstanding at start of year 601,373 604,236
Amounts advanced - 823,786
Amounts repaid 227,426 (826,649 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 828,799 601,373

13. RELATED PARTY DISCLOSURES

At the year end the Balance Sheet reports a debit balance in respect of Directors' loans of £828,799 (2022 - £601,373). Debit interest has been charged at a rate of 4% £28,043.

14. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Brook Holding Ltd.