Acorah Software Products - Accounts Production 15.0.600 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 12862567 Mr James Brannon JLB Hold Co. Ltd Oldfields Business Park, Galveston Grove, Stoke-On-Trent, ST4 3PE true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12862567 2023-08-31 12862567 2024-08-31 12862567 2023-09-01 2024-08-31 12862567 frs-core:CurrentFinancialInstruments 2024-08-31 12862567 frs-core:Non-currentFinancialInstruments 2024-08-31 12862567 frs-core:ComputerEquipment 2024-08-31 12862567 frs-core:ComputerEquipment 2023-09-01 2024-08-31 12862567 frs-core:ComputerEquipment 2023-08-31 12862567 frs-core:FurnitureFittings 2024-08-31 12862567 frs-core:FurnitureFittings 2023-09-01 2024-08-31 12862567 frs-core:FurnitureFittings 2023-08-31 12862567 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-08-31 12862567 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-09-01 2024-08-31 12862567 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-08-31 12862567 frs-core:MotorVehicles 2024-08-31 12862567 frs-core:MotorVehicles 2023-09-01 2024-08-31 12862567 frs-core:MotorVehicles 2023-08-31 12862567 frs-core:PlantMachinery 2024-08-31 12862567 frs-core:PlantMachinery 2023-09-01 2024-08-31 12862567 frs-core:PlantMachinery 2023-08-31 12862567 frs-core:WithinOneYear 2024-08-31 12862567 frs-core:ShareCapital 2024-08-31 12862567 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 12862567 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 12862567 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 12862567 frs-bus:SmallEntities 2023-09-01 2024-08-31 12862567 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 12862567 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 12862567 1 2023-09-01 2024-08-31 12862567 frs-bus:Director1 2023-09-01 2024-08-31 12862567 frs-countries:EnglandWales 2023-09-01 2024-08-31 12862567 2022-08-31 12862567 2023-08-31 12862567 2022-09-01 2023-08-31 12862567 frs-core:CurrentFinancialInstruments 2023-08-31 12862567 frs-core:Non-currentFinancialInstruments 2023-08-31 12862567 frs-core:WithinOneYear 2023-08-31 12862567 frs-core:ShareCapital 2023-08-31 12862567 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 12862567
JRB Construction Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2024
Sempar Accountancy and Tax Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 12862567
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 339,549 249,829
339,549 249,829
CURRENT ASSETS
Stocks 5 356,315 95,977
Debtors 6 1,151,142 305,074
Cash at bank and in hand 12,849 51,744
1,520,306 452,795
Creditors: Amounts Falling Due Within One Year 7 (1,495,279 ) (475,165 )
NET CURRENT ASSETS (LIABILITIES) 25,027 (22,370 )
TOTAL ASSETS LESS CURRENT LIABILITIES 364,576 227,459
Creditors: Amounts Falling Due After More Than One Year 8 (141,439 ) (118,962 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (49,990 ) (47,584 )
NET ASSETS 173,147 60,913
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 173,047 60,813
SHAREHOLDERS' FUNDS 173,147 60,913
Page 1
Page 2
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr James Brannon
Director
16 October 2024
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
JRB Construction Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12862567 . The registered office is Oldfields Business Park, Galveston Grove, Stoke on Trent, ST4 3PE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 10% Straight Line
Plant & Machinery 20% Straightline
Motor Vehicles 20% Straightline
Fixtures & Fittings 20% Straightline
Computer Equipment 20% Straightline
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
...CONTINUED
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2.5. Taxation - continued
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2023: 5)
8 5
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 September 2023 - 220,214 137,282 2,594
Additions 76,902 8,500 102,990 3,150
As at 31 August 2024 76,902 228,714 240,272 5,744
Depreciation
As at 1 September 2023 - 79,356 33,283 965
Provided during the period 7,690 45,743 48,055 1,148
As at 31 August 2024 7,690 125,099 81,338 2,113
Net Book Value
As at 31 August 2024 69,212 103,615 158,934 3,631
As at 1 September 2023 - 140,858 103,999 1,629
Computer Equipment Total
£ £
Cost
As at 1 September 2023 4,957 365,047
Additions 2,257 193,799
As at 31 August 2024 7,214 558,846
Depreciation
As at 1 September 2023 1,614 115,218
Provided during the period 1,443 104,079
As at 31 August 2024 3,057 219,297
Net Book Value
As at 31 August 2024 4,157 339,549
As at 1 September 2023 3,343 249,829
Page 4
Page 5
5. Stocks
2024 2023
£ £
Stock 5,000 20,000
Work in progress 351,315 75,977
356,315 95,977
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,054,637 211,263
Prepayments and accrued income 1,531 956
Other debtors 1,344 16,445
VAT 93,630 76,410
1,151,142 305,074
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 58,435 60,951
Trade creditors 293,073 266,369
Corporation tax 107,994 42,574
Other taxes and social security 101,548 44,060
Other creditors 798,378 9,999
Accruals and deferred income 4,523 12,216
Director's loan account - 307
Amounts owed to parent undertaking 131,328 38,689
1,495,279 475,165
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 141,439 118,962
9. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 199,874 179,913
Other Creditors 274,894 -
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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11. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year 10,776 30,835
10,776 30,835
12. Related Party Transactions
Included in creditors due within one year is a balance of £131,327 due to the parent company (2023: £38,689). 
Dividends paid to parent company £150,000 (2023: £296,812)
13. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is JLB Hold Co. Ltd . JLB Hold Co. Ltd was incorporated in England & Wales, registered office, Oldfields Business Park, Galveston Grove, Stoke-On-Trent, ST4 3PE
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