Silverfin false false 30/06/2024 01/07/2023 30/06/2024 A J Ashburner 03/06/2014 L S Ashburner 21/02/2017 25 November 2024 The principal activity of the company is that of design consultancy. 09067594 2024-06-30 09067594 bus:Director1 2024-06-30 09067594 bus:Director2 2024-06-30 09067594 2023-06-30 09067594 core:CurrentFinancialInstruments 2024-06-30 09067594 core:CurrentFinancialInstruments 2023-06-30 09067594 core:ShareCapital 2024-06-30 09067594 core:ShareCapital 2023-06-30 09067594 core:RetainedEarningsAccumulatedLosses 2024-06-30 09067594 core:RetainedEarningsAccumulatedLosses 2023-06-30 09067594 core:OfficeEquipment 2023-06-30 09067594 core:OfficeEquipment 2024-06-30 09067594 bus:OrdinaryShareClass1 2024-06-30 09067594 bus:OrdinaryShareClass2 2024-06-30 09067594 2023-07-01 2024-06-30 09067594 bus:FilletedAccounts 2023-07-01 2024-06-30 09067594 bus:SmallEntities 2023-07-01 2024-06-30 09067594 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 09067594 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 09067594 bus:Director1 2023-07-01 2024-06-30 09067594 bus:Director2 2023-07-01 2024-06-30 09067594 core:OfficeEquipment 2023-07-01 2024-06-30 09067594 2022-07-01 2023-06-30 09067594 bus:OrdinaryShareClass1 2023-07-01 2024-06-30 09067594 bus:OrdinaryShareClass1 2022-07-01 2023-06-30 09067594 bus:OrdinaryShareClass2 2023-07-01 2024-06-30 09067594 bus:OrdinaryShareClass2 2022-07-01 2023-06-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 09067594 (England and Wales)

JABRIK & FLOON LIMITED

Unaudited Financial Statements
For the financial year ended 30 June 2024
Pages for filing with the registrar

JABRIK & FLOON LIMITED

Unaudited Financial Statements

For the financial year ended 30 June 2024

Contents

JABRIK & FLOON LIMITED

STATEMENT OF FINANCIAL POSITION

As at 30 June 2024
JABRIK & FLOON LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

As at 30 June 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 9,145 9,585
9,145 9,585
Current assets
Debtors 4 3,881 0
Cash at bank and in hand 5 3,564 45,809
7,445 45,809
Creditors: amounts falling due within one year 6 ( 32,400) ( 64,367)
Net current liabilities (24,955) (18,558)
Total assets less current liabilities (15,810) (8,973)
Net liabilities ( 15,810) ( 8,973)
Capital and reserves
Called-up share capital 7 1,000 1,000
Profit and loss account ( 16,810 ) ( 9,973 )
Total shareholders' deficit ( 15,810) ( 8,973)

For the financial year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Jabrik & Floon Limited (registered number: 09067594) were approved and authorised for issue by the Board of Directors. They were signed on its behalf by:

A J Ashburner
Director

25 November 2024

JABRIK & FLOON LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2024
JABRIK & FLOON LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Jabrik & Floon Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is 28 Grosvenor Road, West Wickham, BR4 9PY, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Office equipment 33.3 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Financial instruments

The Company only enters into basic financial instruments and transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to and from related parties and investments in non-puttable ordinary shares.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the company during the year, including directors 2 2

3. Tangible assets

Office equipment Total
£ £
Cost
At 01 July 2023 22,060 22,060
Additions 3,232 3,232
At 30 June 2024 25,292 25,292
Accumulated depreciation
At 01 July 2023 12,475 12,475
Charge for the financial year 3,672 3,672
At 30 June 2024 16,147 16,147
Net book value
At 30 June 2024 9,145 9,145
At 30 June 2023 9,585 9,585

4. Debtors

2024 2023
£ £
Trade debtors 3,881 0

5. Cash and cash equivalents

2024 2023
£ £
Cash at bank and in hand 3,564 45,809

6. Creditors: amounts falling due within one year

2024 2023
£ £
Other creditors 32,400 64,367

7. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
500 Ordinary shares of £ 1.00 each (2023: 1,000 shares of £ 1.00 each) 500 1,000
500 A Ordinary shares of £ 1.00 each (2023: nil shares) 500 0
1,000 1,000

8. Related party transactions

Included within other creditors is a balance of £30,720 (2023 - £62,687) owed to the directors. This balance is unsecured and interest free.