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REGISTERED NUMBER: 09695039 (England and Wales)












JB'S SPORTS COACHING LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024






JB'S SPORTS COACHING LTD (REGISTERED NUMBER: 09695039)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024










Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


JB'S SPORTS COACHING LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTORS: O S Johnson
S R Brown





REGISTERED OFFICE: 9, Millstone Close
Horncastle
Lincolnshire
LN9 5SU





REGISTERED NUMBER: 09695039 (England and Wales)





ACCOUNTANTS: Dexter & Sharpe
Rollestone House
20-22 Bridge Street
Horncastle
Lincolnshire
LN9 5HZ

JB'S SPORTS COACHING LTD (REGISTERED NUMBER: 09695039)

ABRIDGED STATEMENT OF FINANCIAL POSITION
31 AUGUST 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 5 - -
Property, plant and equipment 6 116,469 21,312
116,469 21,312

CURRENT ASSETS
Debtors 26,723 42,242
Cash at bank 261,701 300,549
288,424 342,791
CREDITORS
Amounts falling due within one year 38,499 88,373
NET CURRENT ASSETS 249,925 254,418
TOTAL ASSETS LESS CURRENT
LIABILITIES

366,394

275,730

CREDITORS
Amounts falling due after more than one year (74,793 ) (20,805 )

PROVISIONS FOR LIABILITIES (9,141 ) (4,331 )
NET ASSETS 282,460 250,594

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 282,360 250,494
SHAREHOLDERS' FUNDS 282,460 250,594

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

JB'S SPORTS COACHING LTD (REGISTERED NUMBER: 09695039)

ABRIDGED STATEMENT OF FINANCIAL POSITION - continued
31 AUGUST 2024


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

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 August 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 22 May 2025 and were signed on its behalf by:





O S Johnson - Director


JB'S SPORTS COACHING LTD (REGISTERED NUMBER: 09695039)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024


1. STATUTORY INFORMATION

JB's Sports Coaching Ltd 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced services supplied, excluding value added tax.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on cost
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - Straight line over 3 years

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

JB'S SPORTS COACHING LTD (REGISTERED NUMBER: 09695039)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024


3. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Government grants
Grants relating to revenue are recognised in income on a systematic basis over the periods in which the entity recognises the related costs for which the grant is intended to compensate.

Grants that become receivable as compensation for expenses or losses already incurred, or for the purpose of giving immediate financial support to the entity, with no future related costs shall be recognised in income in the period in which they become receivable.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 35 (2023 - 35 ) .

5. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 September 2023
and 31 August 2024 16,000
AMORTISATION
At 1 September 2023
and 31 August 2024 16,000
NET BOOK VALUE

At 31 August 2024 -
At 31 August 2023 -

6. PROPERTY, PLANT AND EQUIPMENT
Totals
£   
COST
At 1 September 2023 42,122
Additions 108,790
At 31 August 2024 150,912
DEPRECIATION
At 1 September 2023 20,810
Charge for year 13,633
At 31 August 2024 34,443
NET BOOK VALUE
At 31 August 2024 116,469
At 31 August 2023 21,312

JB'S SPORTS COACHING LTD (REGISTERED NUMBER: 09695039)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024


6. PROPERTY, PLANT AND EQUIPMENT - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 September 2023
and 31 August 2024 18,422
DEPRECIATION
At 1 September 2023 13,328
Charge for year 7,869
At 31 August 2024 21,197
NET BOOK VALUE
At 31 August 2024 (2,775 )
At 31 August 2023 5,094

7. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Aggregate amount 20,970 30,678

Secured debts are represented by a loan under the Bounce Back Loan Scheme which is guaranteed by the government and also hire purchase contracts which are secured on the assets so concerned.