Company Registration No. 08740851 (England and Wales)
JRB ADVISORY LTD
Unaudited accounts
for the year ended 31 January 2024
JRB ADVISORY LTD
Unaudited accounts
Contents
JRB ADVISORY LTD
Company Information
for the year ended 31 January 2024
Company Number
08740851 (England and Wales)
Registered Office
37 DENTON AVENUE
LEEDS
LS8 1LE
ENGLAND
Accountants
TGKS Accountancy Limited
44 Potternewton Mount
Leeds
West Yorkshire
LS7 2DR
JRB ADVISORY LTD
Statement of financial position
as at 31 January 2024
Investment property
1,418,163
1,262,444
Cash at bank and in hand
18,346
56,926
Creditors: amounts falling due within one year
(765,611)
(531,227)
Net current liabilities
(747,145)
(474,301)
Total assets less current liabilities
671,018
788,143
Creditors: amounts falling due after more than one year
(364,906)
(364,906)
Provisions for liabilities
Deferred tax
(53,876)
(84,487)
Net assets
252,236
338,750
Called up share capital
100
100
Revaluation reserve
(122,444)
-
Profit and loss account
374,580
338,650
Shareholders' funds
252,236
338,750
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 October 2024 and were signed on its behalf by
Mr G A Bartlett
Director
Company Registration No. 08740851
JRB ADVISORY LTD
Notes to the Accounts
for the year ended 31 January 2024
JRB ADVISORY LTD is a private company, limited by shares, registered in England and Wales, registration number 08740851. The registered office is 37 DENTON AVENUE, LEEDS, LS8 1LE, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
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 also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 February 2023
1,262,444
Net loss from fair value adjustments
(122,444)
At 31 January 2024
1,418,163
The carrying value of the property has been arrived at on the basis of a valuation carried out by the directors at the year end.
5
Creditors: amounts falling due within one year
2024
2023
Amounts owed to group undertakings and other participating interests
587,335
520,319
Taxes and social security
1,244
(3)
Loans from directors
173,214
8,394
Deferred income
1,450
1,450
JRB ADVISORY LTD
Notes to the Accounts
for the year ended 31 January 2024
6
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
364,906
364,906
Aggregate of amounts that fall due for payment after five years
-
364,906
Bank loans are secured by way of a fixed first charge over the investment property porfolio
7
Transactions with related parties
The balance outstanding to Headingley Consultants Limited (the parent company) is £520,319
Headingley Consultants Limited
37 Denton Avenue
Leeds
LS8 1LE
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).