2023-04-012024-03-312024-03-31false11899798JYB KLASSI LTD2024-11-13iso4217:GBPxbrli:pure118997982023-04-01118997982024-03-31118997982023-04-012024-03-31118997982022-04-01118997982023-03-31118997982022-04-012023-03-3111899798bus:SmallEntities2023-04-012024-03-3111899798bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3111899798bus:FullAccounts2023-04-012024-03-3111899798bus:PrivateLimitedCompanyLtd2023-04-012024-03-3111899798core:WithinOneYear2024-03-3111899798core:AfterOneYear2024-03-3111899798core:WithinOneYear2023-03-3111899798core:AfterOneYear2023-03-3111899798core:ShareCapital2024-03-3111899798core:SharePremium2024-03-3111899798core:RevaluationReserve2024-03-3111899798core:OtherReservesSubtotal2024-03-3111899798core:RetainedEarningsAccumulatedLosses2024-03-3111899798core:ShareCapital2023-03-3111899798core:SharePremium2023-03-3111899798core:RevaluationReserve2023-03-3111899798core:OtherReservesSubtotal2023-03-3111899798core:RetainedEarningsAccumulatedLosses2023-03-3111899798core:LandBuildings2024-03-3111899798core:PlantMachinery2024-03-3111899798core:Vehicles2024-03-3111899798core:FurnitureFittings2024-03-3111899798core:OfficeEquipment2024-03-3111899798core:NetGoodwill2024-03-3111899798core:IntangibleAssetsOtherThanGoodwill2024-03-3111899798core:ListedExchangeTraded2024-03-3111899798core:UnlistedNon-exchangeTraded2024-03-3111899798core:LandBuildings2023-03-3111899798core:PlantMachinery2023-03-3111899798core:Vehicles2023-03-3111899798core:FurnitureFittings2023-03-3111899798core:OfficeEquipment2023-03-3111899798core:NetGoodwill2023-03-3111899798core:IntangibleAssetsOtherThanGoodwill2023-03-3111899798core:ListedExchangeTraded2023-03-3111899798core:UnlistedNon-exchangeTraded2023-03-3111899798core:LandBuildings2023-04-012024-03-3111899798core:PlantMachinery2023-04-012024-03-3111899798core:Vehicles2023-04-012024-03-3111899798core:FurnitureFittings2023-04-012024-03-3111899798core:OfficeEquipment2023-04-012024-03-3111899798core:NetGoodwill2023-04-012024-03-3111899798core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3111899798core:ListedExchangeTraded2023-04-012024-03-3111899798core:UnlistedNon-exchangeTraded2023-04-012024-03-3111899798core:MoreThanFiveYears2023-04-012024-03-3111899798core:Non-currentFinancialInstruments2024-03-3111899798core:Non-currentFinancialInstruments2023-03-3111899798dpl:CostSales2023-04-012024-03-3111899798dpl:DistributionCosts2023-04-012024-03-3111899798core:LandBuildings2023-04-012024-03-3111899798core:PlantMachinery2023-04-012024-03-3111899798core:Vehicles2023-04-012024-03-3111899798core:FurnitureFittings2023-04-012024-03-3111899798core:OfficeEquipment2023-04-012024-03-3111899798dpl:AdministrativeExpenses2023-04-012024-03-3111899798core:NetGoodwill2023-04-012024-03-3111899798core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3111899798dpl:GroupUndertakings2023-04-012024-03-3111899798dpl:ParticipatingInterests2023-04-012024-03-3111899798dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3111899798core:ListedExchangeTraded2023-04-012024-03-3111899798dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3111899798core:UnlistedNon-exchangeTraded2023-04-012024-03-3111899798dpl:CostSales2022-04-012023-03-3111899798dpl:DistributionCosts2022-04-012023-03-3111899798core:LandBuildings2022-04-012023-03-3111899798core:PlantMachinery2022-04-012023-03-3111899798core:Vehicles2022-04-012023-03-3111899798core:FurnitureFittings2022-04-012023-03-3111899798core:OfficeEquipment2022-04-012023-03-3111899798dpl:AdministrativeExpenses2022-04-012023-03-3111899798core:NetGoodwill2022-04-012023-03-3111899798core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3111899798dpl:GroupUndertakings2022-04-012023-03-3111899798dpl:ParticipatingInterests2022-04-012023-03-3111899798dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3111899798core:ListedExchangeTraded2022-04-012023-03-3111899798dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3111899798core:UnlistedNon-exchangeTraded2022-04-012023-03-3111899798core:NetGoodwill2024-03-3111899798core:IntangibleAssetsOtherThanGoodwill2024-03-3111899798core:LandBuildings2024-03-3111899798core:PlantMachinery2024-03-3111899798core:Vehicles2024-03-3111899798core:FurnitureFittings2024-03-3111899798core:OfficeEquipment2024-03-3111899798core:AfterOneYear2024-03-3111899798core:WithinOneYear2024-03-3111899798core:ListedExchangeTraded2024-03-3111899798core:UnlistedNon-exchangeTraded2024-03-3111899798core:ShareCapital2024-03-3111899798core:SharePremium2024-03-3111899798core:RevaluationReserve2024-03-3111899798core:OtherReservesSubtotal2024-03-3111899798core:RetainedEarningsAccumulatedLosses2024-03-3111899798core:NetGoodwill2023-03-3111899798core:IntangibleAssetsOtherThanGoodwill2023-03-3111899798core:LandBuildings2023-03-3111899798core:PlantMachinery2023-03-3111899798core:Vehicles2023-03-3111899798core:FurnitureFittings2023-03-3111899798core:OfficeEquipment2023-03-3111899798core:AfterOneYear2023-03-3111899798core:WithinOneYear2023-03-3111899798core:ListedExchange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JYB KLASSI LTD

Registered Number
11899798
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

JYB KLASSI LTD
Company Information
for the year from 1 April 2023 to 31 March 2024

Directors

BAEK, Eun Ok
JEONG, Youn Bok

Registered Address

10 Bedford Corner The Avenue
Chiswick
W4 1LZ

Registered Number

11899798 (England and Wales)
JYB KLASSI LTD
Balance Sheet as at
31 March 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets3429,574434,436
429,574434,436
Current assets
Debtors2,3004,673
Cash at bank and on hand41,43427,995
43,73432,668
Creditors amounts falling due within one year4(135,561)(119,606)
Net current assets (liabilities)(91,827)(86,938)
Total assets less current liabilities337,747347,498
Creditors amounts falling due after one year5(234,734)(264,352)
Provisions for liabilities6(4,284)(4,277)
Net assets98,72978,869
Capital and reserves
Called up share capital100100
Profit and loss account98,62978,769
Shareholders' funds98,72978,869
The financial statements were approved and authorised for issue by the Board of Directors on 13 November 2024, and are signed on its behalf by:
JEONG, Youn Bok
Director
Registered Company No. 11899798
JYB KLASSI LTD
Notes to the Financial Statements
for the year ended 31 March 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Turnover policy
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.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Current taxation
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
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Land and buildings2
Plant and machinery25
Fixtures and fittings25
Office Equipment25
Stocks and work in progress
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
2.Average number of employees

20242023
Average number of employees during the year34
3.Tangible fixed assets

Land & buildings

Plant & machinery

Fixtures & fittings

Office Equipment

Total

£££££
Cost or valuation
At 01 April 23420,3306,30328,86413,400468,897
Additions-3,0002,9403,2749,214
At 31 March 24420,3309,30331,80416,674478,111
Depreciation and impairment
At 01 April 238,4073,57214,9887,49434,461
Charge for year8,2387453,5301,56314,076
At 31 March 2416,6454,31718,5189,05748,537
Net book value
At 31 March 24403,6854,98613,2867,617429,574
At 31 March 23411,9232,73113,8765,906434,436
4.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables2,9401,897
Bank borrowings and overdrafts39,318-
Taxation and social security39,48329,966
Other creditors53,82087,743
Total135,561119,606
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
5.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts234,734264,352
Total234,734264,352
6.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)4,2844,277
Total4,2844,277
7.Related party transactions
The company has taken advantage of the exemption under FRS 102 1AC.35 whereby particulars need not be given for related party transactions concluded under normal market conditions, or transactions entered into between two or more members of a group, provided that any subsidiary which is party to the transactions is wholly-owned by such a member.