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REGISTERED NUMBER: 06272813 (England and Wales)















Financial Statements for the Year Ended 30 June 2024

for

JBOS Holdings Limited

JBOS Holdings Limited (Registered number: 06272813)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 9

JBOS Holdings Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: M S Crilley





SECRETARY: Mrs S D Crilley





REGISTERED OFFICE: Building 1
St Cross Chambers
Upper Marsh Lane
Hoddesdon
Hertfordshire
EN11 8LQ





REGISTERED NUMBER: 06272813 (England and Wales)





ACCOUNTANTS: Reece & Co.
Building 1
St. Cross Chambers
Upper Marsh Lane
Hoddesdon
Hertfordshire
EN11 8LQ

JBOS Holdings Limited (Registered number: 06272813)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,281 4,898
Investment property 5 1,100,000 1,100,000
1,103,281 1,104,898

CURRENT ASSETS
Debtors 6 1,255 39
Cash at bank 28,411 7,444
29,666 7,483
CREDITORS
Amounts falling due within one year 7 131,578 126,258
NET CURRENT LIABILITIES (101,912 ) (118,775 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,001,369

986,123

CREDITORS
Amounts falling due after more than one
year

8

(58,728

)

(84,897

)

PROVISIONS FOR LIABILITIES 10 (25,820 ) (19,931 )
NET ASSETS 916,821 881,295

CAPITAL AND RESERVES
Called up share capital 11 140 140
Fair value reserve 12 386,616 386,616
Retained earnings 12 530,065 494,539
SHAREHOLDERS' FUNDS 916,821 881,295

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

JBOS Holdings Limited (Registered number: 06272813)

Balance Sheet - continued
30 June 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 February 2025 and were signed by:





M S Crilley - Director


JBOS Holdings Limited (Registered number: 06272813)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

JBOS Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents net invoiced rent receivable and work done, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

JBOS Holdings Limited (Registered number: 06272813)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

2. ACCOUNTING POLICIES - continued

Financial instruments
The Company only enters into basic financial instruments 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 related parties and investments in non-puttable ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year) including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payable or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in case of an out-right short-term loan not at market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

Judgements and key sources of estimation uncertainty

In applying the Company's accounting policies, the directors are required to make judgements, estimates and assumptions in determining the carrying amounts of assets and liabilities. The directors' judgements, estimates and assumptions are based on the best and most reliable evidence available at the time when the decisions are made, and are based on historical experience and other factors that are considered to be applicable. Due to the inherent subjectivity involved in making such judgements, estimates and assumptions, the actual results and outcomes may differ.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision effects only that period, or in the period of the revision and future periods, if the revision effects both current and future periods.

The directors do not believe that there have been judgements (apart from those involving estimates) made in the process of applying the above accounting policies that have had a significant effect on amounts recognised in the financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

JBOS Holdings Limited (Registered number: 06272813)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 July 2023
and 30 June 2024 13,500
DEPRECIATION
At 1 July 2023 8,602
Charge for year 1,617
At 30 June 2024 10,219
NET BOOK VALUE
At 30 June 2024 3,281
At 30 June 2023 4,898

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023
and 30 June 2024 1,100,000
NET BOOK VALUE
At 30 June 2024 1,100,000
At 30 June 2023 1,100,000

Fair value at 30 June 2024 is represented by:
£   
Valuation in 2010 136,616
Valuation in 2011 (50,000 )
Valuation in 2015 100,000
Valuation in 2018 50,000
Valuation in 2020 50,000
Valuation in 2021 100,000
Cost 713,384
1,100,000

If Investment Property had not been revalued it would have been included at the following historical cost:

30.6.24 30.6.23
£    £   
Cost 713,384 713,384
Aggregate depreciation (57,071 ) (57,071 )

The property was revalued on the open market during the year and the director believes at 30th June 2024 that this is a fair value.

JBOS Holdings Limited (Registered number: 06272813)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Other debtors 1,255 -
VAT - 39
1,255 39

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 26,543 26,916
Trade creditors 5,701 5,701
Tax 19,427 13,751
Social security and other taxes 520 520
VAT 332 -
Other creditors 77,661 77,764
Directors' current accounts 1,394 1,606
131,578 126,258

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Bank loans - 1-2 years 53,056 53,832
Bank loans - 2-5 years 5,672 31,065
58,728 84,897

9. SECURED DEBTS

The following secured debts are included within creditors:

30.6.24 30.6.23
£    £   
Bank loans 85,271 111,813

The bank borrowing is secured by a legal charge over the Investment Property.

10. PROVISIONS FOR LIABILITIES
30.6.24 30.6.23
£    £   
Deferred tax 25,820 19,931

Deferred
tax
£   
Balance at 1 July 2023 19,931
Provided during year 5,889
Balance at 30 June 2024 25,820

JBOS Holdings Limited (Registered number: 06272813)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
100 Ordinary £1-00 100 100
40 Ordinary B £1.00 40 40
140 140

12. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 July 2023 494,539 386,616 881,155
Profit for the year 60,526 60,526
Dividends (25,000 ) (25,000 )
At 30 June 2024 530,065 386,616 916,681

13. RELATED PARTY DISCLOSURES

During the year, the Investment Property was rented to Marcoe Electrical Limited a company of which M S Crilley is a director. The rent receivable amounted to £117,800 (2023 - £117,800). At the year end the balance of £73,763 (2023 - £73,763) was due to Marcoe Electrical Limited, which relates to the rent deposit received.

The total amount of dividends voted for the year to the director and shareholders totalled £25,000.

14. ULTIMATE CONTROLLING PARTY

The controlling party is M S Crilley.

JBOS Holdings Limited

Report of the Accountants to the Director of
JBOS Holdings Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 June 2024 set out on pages two to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Reece & Co.
Building 1
St. Cross Chambers
Upper Marsh Lane
Hoddesdon
Hertfordshire
EN11 8LQ


12 February 2025