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Registration number: 15129514

JBK North Limited
Unaudited Filleted Abridged Financial Statements
for the Year Ended 30 September 2024

JBK North Limited

Contents

Company Information | 1
Abridged Balance Sheet | 2
Notes to the Unaudited Abridged Financial Statements | 3 to 5

JBK North Limited

Company Information

Directors | J King B King

Registered office | 76 Front Street Prudhoe Northumberland NE42 5PU

Accountants | Heritage Accountancy Limited Chartered Certified Accountants76 Front Street Prudhoe Northumberland NE42 5PU

JBK North Limited

(Registration number: 15129514)
Abridged Balance Sheet as at 30 September 2024

| Note | 2024 £
Fixed assets |  |
Tangible assets | 4 | 123,488
Current assets |  |
Cash at bank and in hand |  | 4,420
Creditors: Amounts falling due within one year |  | (1)
Net current assets |  | 4,419
Total assets less current liabilities |  | 127,907
Creditors: Amounts falling due after more than one year |  | (132,139)
Net liabilities |  | (4,232)
Capital and reserves |  |
Called up share capital | 5 | 100
Retained earnings |  | (4,332)
Shareholders' deficit |  | (4,232)

For the financial year ending 30 September 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 accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 20 August 2025 and signed on its behalf by:

......................................... J King Director

JBK North Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2024

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
76 Front Street
Prudhoe
Northumberland
NE42 5PU
England

These financial statements were authorised for issue by the Board on 20 August 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

JBK North Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2024

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2.

4 | Tangible assets

| Land and buildings £ | Total £
Cost or valuation
Additions | 123,488 | 123,488
At 30 September 2024 | 123,488 | 123,488
Depreciation
Carrying amount
At 30 September 2024 | 123,488 | 123,488

Included within the net book value of land and buildings above is £123,488 in respect of freehold land and buildings.

5 | Share capital

Allotted, called up and fully paid shares

JBK North Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 September 2024

| 2024
| No. | £
Ordinary Share Capital of £1 each | 100 | 100