1 July 2023 v2025.18.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activity00falsetruexbrli:purexbrli:sharesiso4217:GBP139926632023-07-012024-06-30139926632024-06-30139926632023-06-3013992663core:WithinOneYear2024-06-3013992663core:WithinOneYear2023-06-3013992663core:ShareCapital2024-06-3013992663core:ShareCapital2023-06-3013992663core:RetainedEarningsAccumulatedLosses2024-06-3013992663core:RetainedEarningsAccumulatedLosses2023-06-3013992663bus:Director12023-07-012024-06-3013992663bus:RegisteredOffice2023-07-012024-06-301399266312023-07-012024-06-301399266312023-07-012024-06-30139926632022-03-212023-06-3013992663countries:EnglandWales2023-07-012024-06-3013992663bus:AuditExemptWithAccountantsReport2023-07-012024-06-3013992663bus:PrivateLimitedCompanyLtd2023-07-012024-06-3013992663bus:SmallEntities2023-07-012024-06-3013992663bus:FullAccounts2023-07-012024-06-30
Company registration number:
13992663
Jkb Logistics Ltd
Unaudited Filleted Financial Statements for the year ended
30 June 2024
Thirlwell & Co Chartered Accountants
4 Church Street, Swinton, Mexborough, South Yorkshire, S64 8QA, United Kingdom
Jkb Logistics Ltd
Chartered accountant's report to the board of directors on the preparation of the unaudited statutory financial statements of Jkb Logistics Ltd
Year ended
30 June 2024
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the
financial statements
of
Jkb Logistics Ltd
for the year ended
30 June 2024
which comprise the income statement, statement of financial position, statement of changes in equity and related notes from the company’s accounting records and from information and explanations you have given me.
As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), I am subject to its ethical and other professional requirements which are detailed at icaew.com/​regulations.
This report is made solely to the Board of Directors of
Jkb Logistics Ltd
, as a body. My work has been undertaken solely to prepare for your approval the
financial statements
of
Jkb Logistics Ltd
and state those matters that I have agreed to state to the Board of Directors of
Jkb Logistics Ltd
, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than
Jkb Logistics Ltd
and its Board of Directors, as a body, for my work or for this report.
It is your duty to ensure that
Jkb Logistics Ltd
has kept adequate accounting records and to prepare statutory
financial statements
that give a true and fair view of the assets, liabilities, financial position and loss of
Jkb Logistics Ltd
. You consider that
Jkb Logistics Ltd
is exempt from the statutory audit requirement for the year.
I have not been instructed to carry out an audit or a review of the financial statements of Jkb Logistics Ltd. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.
Thirlwell & Co Chartered Accountants
4 Church Street
Swinton
Mexborough
South Yorkshire
S64 8QA
United Kingdom
Date:
28 March 2025
Jkb Logistics Ltd
Statement of Financial Position
30 June 2024
20242023
Note££
Current assets    
Debtors 5
30,941
 
42,339
 
Cash at bank and in hand
1,687
 
5,694
 
32,628
 
48,033
 
Creditors: amounts falling due within one year 6
(35,224
)
(49,331
)
Net current liabilities
(2,596
)
(1,298
)
Total assets less current liabilities (2,596 ) (1,298 )
Capital and reserves    
Called up share capital
12
 
4
 
Profit and loss account
(2,608
)
(1,302
)
Shareholders deficit
(2,596
)
(1,298
)
For the 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 members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
28 March 2025
, and are signed on behalf of the board by:
G Jackson
Director
Company registration number:
13992663
Jkb Logistics Ltd
Notes to the Financial Statements
Year ended
30 June 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
4 Church Street
,
Swinton
,
Mexborough
,
S64 8QA
, England.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods and services supplied, net of discounts and Value Added Tax. The policy adopted for the recognition of turnover is as follows;
Rendering of services
When the outcome of a transaction can be estimated reliably, turnover from the movement of vehicles is recognised when the delivery has been completed and all conditions have been met.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administration expenses.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured on an undiscounted basis at the tax rates that would apply in the periods in which timing differences are expected to reverse, based on tax rates and laws enacted at the statement of financial position date.

4 Average number of employees

The average number of persons employed by the company during the year was Nil (2023: Nil).

5 Debtors

20242023
££
Other debtors
30,941
 
42,339
 

6 Creditors: amounts falling due within one year

20242023
££
Trade creditors
341
  -  
Taxation and social security
32,255
 
47,635
 
Other creditors
2,628
 
1,696
 
35,224
 
49,331
 

7 Events after the end of the reporting period

Following the year-end, the Company is subject to a contingent liability arising from a legal dispute, with a claim for damages of £25,820. The Directors believe the claim is unlikely to succeed, as the Company is not considered liable. Accordingly, a counterclaim is being pursued against the opposing party. In addition, the Company holds an insurance policy expected to provide coverage of £18,500 if the dispute results in an adverse outcome.