0 false false false false false false false false false false true false false false false false false No description of principal activity 2023-06-01 Sage Accounts Production Advanced 2023 - FRS102_2023 4,515 4,438 19 4,457 58 77 xbrli:pure xbrli:shares iso4217:GBP 05124168 2023-06-01 2024-05-31 05124168 2024-05-31 05124168 2023-05-31 05124168 2022-06-01 2023-05-31 05124168 2023-05-31 05124168 2022-05-31 05124168 core:PlantMachinery 2023-06-01 2024-05-31 05124168 bus:OrdinaryShareClass1 2023-06-01 2024-05-31 05124168 bus:Director1 2023-06-01 2024-05-31 05124168 bus:Director2 2023-06-01 2024-05-31 05124168 core:WithinOneYear 2024-05-31 05124168 core:WithinOneYear 2023-05-31 05124168 core:PlantMachinery 2023-05-31 05124168 core:PlantMachinery 2024-05-31 05124168 core:ShareCapital 2024-05-31 05124168 core:ShareCapital 2023-05-31 05124168 core:RetainedEarningsAccumulatedLosses 2024-05-31 05124168 core:RetainedEarningsAccumulatedLosses 2023-05-31 05124168 core:PlantMachinery 2023-05-31 05124168 bus:SmallEntities 2023-06-01 2024-05-31 05124168 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 05124168 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 05124168 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 05124168 bus:FullAccounts 2023-06-01 2024-05-31 05124168 bus:OrdinaryShareClass1 2024-05-31 05124168 bus:OrdinaryShareClass1 2023-05-31
COMPANY REGISTRATION NUMBER: 05124168
Jenbar Limited
Filleted Unaudited Financial Statements
31 May 2024
Jenbar Limited
Financial Statements
Year ended 31 May 2024
Contents
Page
Statement of financial position
1
Notes to the financial statements
2
Jenbar Limited
Statement of Financial Position
31 May 2024
2024
2023
Note
£
£
£
£
Fixed assets
Tangible assets
5
58
77
Current assets
Cash at bank and in hand
118,991
120,783
Creditors: amounts falling due within one year
6
1,002
600
---------
---------
Net current assets
117,989
120,183
---------
---------
Total assets less current liabilities
118,047
120,260
---------
---------
Net assets
118,047
120,260
---------
---------
Capital and reserves
Called up share capital
7
200
200
Profit and loss account
117,847
120,060
---------
---------
Shareholders funds
118,047
120,260
---------
---------
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 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' 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 directors acknowledge their 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 3 October 2024 , and are signed on behalf of the board by:
Mr R Wilson
Mrs S Wilson
Director
Director
Company registration number: 05124168
Jenbar Limited
Notes to the Financial Statements
Year ended 31 May 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 9 Bell Hill Close, Billericay, Essex, CM12 9FS.
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.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery
-
25% reducing balance
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. Average number of employees
During the year the average number of employees was 2 (2023: 2).
5. Tangible assets
Plant and machinery
Total
£
£
Cost
At 1 June 2023 and 31 May 2024
4,515
4,515
-------
-------
Depreciation
At 1 June 2023
4,438
4,438
Charge for the year
19
19
-------
-------
At 31 May 2024
4,457
4,457
-------
-------
Carrying amount
At 31 May 2024
58
58
-------
-------
At 31 May 2023
77
77
-------
-------
6. Creditors: amounts falling due within one year
2024
2023
£
£
Accruals and deferred income
630
600
Corporation tax
372
-------
----
1,002
600
-------
----
7. Called up share capital
Issued, called up and fully paid
2024
2023
No.
£
No.
£
Ordinary shares of £ 1 each
200
200
200
200
----
----
----
----