Registered number
14762466
JB Active Sports Ltd
Filleted Accounts to cessation
31 March 2025
JB Active Sports Ltd
Registered number: 14762466
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 4 - 1,700
Current assets
Stocks - 2,000
Debtors 5 483 2,551
Cash at bank and in hand 4,355 105,616
4,838 110,167
Creditors: amounts falling due within one year 6 (7,568) (101,959)
Net current (liabilities)/assets (2,730) 8,208
Net (liabilities)/assets (2,730) 9,908
Capital and reserves
Called up share capital 100 100
Profit and loss account (2,830) 9,808
Shareholders' funds (2,730) 9,908
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
J Fletcher
Director
Approved by the board on 9 April 2025
JB Active Sports Ltd
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
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. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
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.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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.
2 Going concern
The company ceased to trade from 31st March 2025. The accounts have been prepared on a wind-up basis.
3 Employees 2025 2024
Number Number
Average number of persons employed by the company 0 8
4 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2024 2,102
Disposals (2,102)
At 31 March 2025 -
Depreciation
At 1 April 2024 402
On disposals (402)
At 31 March 2025 -
Net book value
At 31 March 2025 -
At 31 March 2024 1,700
5 Debtors 2025 2024
£ £
Trade debtors - 2,176
Other debtors 483 375
483 2,551
6 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors - 4,232
Amounts due to director 9,051 1,955
Taxation and social security costs (2,183) 92,568
Other creditors 700 3,204
7,568 101,959
7 Controlling party
The company is controlled by the directors.
8 Other information
JB Active Sports Ltd is a private company limited by shares and incorporated in England. Its registered office is:
54 Livingstone Road
Caterham
Surrey
CR3 5TG
JB Active Sports Ltd 14762466 false 2024-04-01 2025-03-31 2025-03-31 VT Final Accounts April 2025 J Fletcher No description of principal activity 14762466 2023-03-27 2024-03-31 14762466 core:WithinOneYear 2024-03-31 14762466 core:ShareCapital 2024-03-31 14762466 core:RetainedEarningsAccumulatedLosses 2024-03-31 14762466 2024-04-01 2025-03-31 14762466 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 14762466 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 14762466 bus:Director40 2024-04-01 2025-03-31 14762466 1 2024-04-01 2025-03-31 14762466 2 2024-04-01 2025-03-31 14762466 core:PlantMachinery 2024-04-01 2025-03-31 14762466 countries:England 2024-04-01 2025-03-31 14762466 bus:FRS102 2024-04-01 2025-03-31 14762466 bus:FilletedAccounts 2024-04-01 2025-03-31 14762466 2025-03-31 14762466 core:WithinOneYear 2025-03-31 14762466 core:ShareCapital 2025-03-31 14762466 core:RetainedEarningsAccumulatedLosses 2025-03-31 14762466 core:PlantMachinery 2025-03-31 14762466 2024-03-31 14762466 core:PlantMachinery 2024-03-31 iso4217:GBP xbrli:pure