Companies House 2023-10-01 2024-09-30 2024-09-30 false true iso4217:GBP xbrli:pure 07721161 2022-10-01 2023-09-30 07721161 2024-09-30 07721161 2023-10-01 2024-09-30 07721161 2023-09-30 07721161 curr:PoundSterling 2023-10-01 2024-09-30 07721161 uk-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 07721161 uk-bus:FRS102 2023-10-01 2024-09-30 07721161 uk-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 07721161 uk-bus:AbridgedAccounts 2023-10-01 2024-09-30 07721161 uk-bus:RegisteredOffice 2023-10-01 2024-09-30 07721161 uk-bus:Director40 2023-10-01 2024-09-30 07721161 uk-bus:Director1 2023-10-01 2024-09-30 07721161 uk-bus:Director2 2023-10-01 2024-09-30 07721161 uk-bus:Director3 2023-10-01 2024-09-30 07721161 uk-bus:Director4 2023-10-01 2024-09-30 07721161 uk-bus:Director5 2023-10-01 2024-09-30 07721161 uk-bus:Director6 2023-10-01 2024-09-30 07721161 uk-bus:Director7 2023-10-01 2024-09-30 07721161 uk-bus:Director8 2023-10-01 2024-09-30 07721161 uk-bus:Director9 2023-10-01 2024-09-30 07721161 uk-bus:Director10 2023-10-01 2024-09-30 07721161 uk-bus:Director11 2023-10-01 2024-09-30 07721161 uk-bus:Director12 2023-10-01 2024-09-30 07721161 uk-bus:Director13 2023-10-01 2024-09-30 07721161 uk-bus:Director14 2023-10-01 2024-09-30 07721161 uk-bus:Director15 2023-10-01 2024-09-30 07721161 uk-bus:Director16 2023-10-01 2024-09-30 07721161 uk-bus:Director17 2023-10-01 2024-09-30 07721161 uk-bus:Director18 2023-10-01 2024-09-30 07721161 uk-bus:Director19 2023-10-01 2024-09-30 07721161 uk-bus:Director20 2023-10-01 2024-09-30 07721161 uk-bus:CompanySecretary1 2023-10-01 2024-09-30 07721161 core:AfterOneYear 2024-09-30 07721161 core:AfterOneYear 2023-09-30 07721161 core:WithinOneYear 2024-09-30 07721161 core:WithinOneYear 2023-09-30 07721161 core:WithinOneYear 2023-10-01 2024-09-30 07721161 core:AfterOneYear 2024-09-30 07721161 core:AfterOneYear 2023-09-30 07721161 core:AfterOneYear 2023-10-01 2024-09-30 07721161 core:ShareCapital 2024-09-30 07721161 core:ShareCapital 2023-09-30 07721161 core:SharePremium 2024-09-30 07721161 core:SharePremium 2023-09-30 07721161 core:OtherReservesSubtotal 2024-09-30 07721161 core:OtherReservesSubtotal 2023-09-30 07721161 core:RevaluationReserve 2024-09-30 07721161 core:RevaluationReserve 2023-09-30 07721161 core:RetainedEarningsAccumulatedLosses 2024-09-30 07721161 core:RetainedEarningsAccumulatedLosses 2023-09-30 07721161 core:Associate1 2023-10-01 2024-09-30 07721161 core:Associate1 2023-09-30 07721161 core:Associate1 2024-09-30 07721161 core:Associate2 2023-10-01 2024-09-30 07721161 core:Associate2 2023-09-30 07721161 core:Associate2 2024-09-30 07721161 core:Associate3 2023-10-01 2024-09-30 07721161 core:Associate3 2023-09-30 07721161 core:Associate3 2024-09-30 07721161 core:Associate4 2023-10-01 2024-09-30 07721161 core:Associate4 2023-09-30 07721161 core:Associate4 2024-09-30 07721161 core:Associate5 2023-10-01 2024-09-30 07721161 core:Associate5 2023-09-30 07721161 core:Associate5 2024-09-30 07721161 core:Associate6 2023-10-01 2024-09-30 07721161 core:Associate6 2023-09-30 07721161 core:Associate6 2024-09-30 07721161 core:Associate7 2023-10-01 2024-09-30 07721161 core:Associate7 2023-09-30 07721161 core:Associate7 2024-09-30 07721161 core:Associate8 2023-10-01 2024-09-30 07721161 core:Associate8 2023-09-30 07721161 core:Associate8 2024-09-30 07721161 core:Associate9 2023-10-01 2024-09-30 07721161 core:Associate9 2023-09-30 07721161 core:Associate9 2024-09-30 07721161 core:Associate10 2023-10-01 2024-09-30 07721161 core:Associate10 2023-09-30 07721161 core:Associate10 2024-09-30 07721161 core:Associate11 2023-10-01 2024-09-30 07721161 core:Associate11 2023-09-30 07721161 core:Associate11 2024-09-30 07721161 core:Associate12 2023-10-01 2024-09-30 07721161 core:Associate12 2023-09-30 07721161 core:Associate12 2024-09-30 07721161 core:Associate13 2023-10-01 2024-09-30 07721161 core:Associate13 2023-09-30 07721161 core:Associate13 2024-09-30 07721161 core:Associate14 2023-10-01 2024-09-30 07721161 core:Associate14 2023-09-30 07721161 core:Associate14 2024-09-30 07721161 core:Associate15 2023-10-01 2024-09-30 07721161 core:Associate15 2023-09-30 07721161 core:Associate15 2024-09-30 07721161 core:Associate16 2023-10-01 2024-09-30 07721161 core:Associate16 2023-09-30 07721161 core:Associate16 2024-09-30 07721161 core:Associate17 2023-10-01 2024-09-30 07721161 core:Associate17 2023-09-30 07721161 core:Associate17 2024-09-30 07721161 core:Associate18 2023-10-01 2024-09-30 07721161 core:Associate18 2023-09-30 07721161 core:Associate18 2024-09-30 07721161 core:Associate19 2023-10-01 2024-09-30 07721161 core:Associate19 2023-09-30 07721161 core:Associate19 2024-09-30 07721161 core:Associate20 2023-10-01 2024-09-30 07721161 core:Associate20 2023-09-30 07721161 core:Associate20 2024-09-30 07721161 core:Associate1 2023-10-01 2024-09-30 07721161 core:Associate2 2023-10-01 2024-09-30 07721161 core:Associate3 2023-10-01 2024-09-30 07721161 core:Associate4 2023-10-01 2024-09-30 07721161 core:Associate5 2023-10-01 2024-09-30 07721161 core:Associate6 2023-10-01 2024-09-30 07721161 core:Associate7 2023-10-01 2024-09-30 07721161 core:Associate8 2023-10-01 2024-09-30 07721161 core:Associate9 2023-10-01 2024-09-30 07721161 core:Associate10 2023-10-01 2024-09-30 07721161 core:Associate11 2023-10-01 2024-09-30 07721161 core:Associate12 2023-10-01 2024-09-30 07721161 core:Associate13 2023-10-01 2024-09-30 07721161 core:Associate14 2023-10-01 2024-09-30 07721161 core:Associate15 2023-10-01 2024-09-30 07721161 core:Associate16 2023-10-01 2024-09-30 07721161 core:Associate17 2023-10-01 2024-09-30 07721161 core:Associate18 2023-10-01 2024-09-30 07721161 core:Associate19 2023-10-01 2024-09-30 07721161 core:Associate20 2023-10-01 2024-09-30 07721161 uk-bus:Director1 1 2023-10-01 2024-09-30 07721161 uk-bus:Director1 1 2023-09-30 07721161 uk-bus:Director1 1 2024-09-30 07721161 uk-bus:Director2 2 2023-10-01 2024-09-30 07721161 uk-bus:Director2 2 2023-09-30 07721161 uk-bus:Director2 2 2024-09-30 07721161 uk-bus:Director1 3 2023-10-01 2024-09-30 07721161 uk-bus:Director1 3 2023-09-30 07721161 uk-bus:Director1 3 2024-09-30 07721161 uk-bus:Director4 4 2023-10-01 2024-09-30 07721161 uk-bus:Director4 4 2023-09-30 07721161 uk-bus:Director4 4 2024-09-30 07721161 uk-bus:Director5 5 2023-10-01 2024-09-30 07721161 uk-bus:Director5 5 2023-09-30 07721161 uk-bus:Director5 5 2024-09-30 07721161 uk-bus:Director6 6 2023-10-01 2024-09-30 07721161 uk-bus:Director6 6 2023-09-30 07721161 uk-bus:Director6 6 2024-09-30 07721161 uk-bus:Director7 7 2023-10-01 2024-09-30 07721161 uk-bus:Director7 7 2023-09-30 07721161 uk-bus:Director7 7 2024-09-30 07721161 uk-bus:Director8 8 2023-10-01 2024-09-30 07721161 uk-bus:Director8 8 2023-09-30 07721161 uk-bus:Director8 8 2024-09-30 07721161 uk-bus:Director9 9 2023-10-01 2024-09-30 07721161 uk-bus:Director9 9 2023-09-30 07721161 uk-bus:Director9 9 2024-09-30 07721161 uk-bus:Director10 10 2023-10-01 2024-09-30 07721161 uk-bus:Director10 10 2023-09-30 07721161 uk-bus:Director10 10 2024-09-30 07721161 uk-bus:Director11 11 2023-10-01 2024-09-30 07721161 uk-bus:Director11 11 2023-09-30 07721161 uk-bus:Director11 11 2024-09-30 07721161 uk-bus:Director12 12 2023-10-01 2024-09-30 07721161 uk-bus:Director12 12 2023-09-30 07721161 uk-bus:Director12 12 2024-09-30 07721161 uk-bus:Director13 13 2023-10-01 2024-09-30 07721161 uk-bus:Director13 13 2023-09-30 07721161 uk-bus:Director13 13 2024-09-30 07721161 uk-bus:Director14 14 2023-10-01 2024-09-30 07721161 uk-bus:Director14 14 2023-09-30 07721161 uk-bus:Director14 14 2024-09-30 07721161 uk-bus:Director15 15 2023-10-01 2024-09-30 07721161 uk-bus:Director15 15 2023-09-30 07721161 uk-bus:Director15 15 2024-09-30 07721161 uk-bus:Director16 16 2023-10-01 2024-09-30 07721161 uk-bus:Director16 16 2023-09-30 07721161 uk-bus:Director16 16 2024-09-30 07721161 uk-bus:Director17 17 2023-10-01 2024-09-30 07721161 uk-bus:Director17 17 2023-09-30 07721161 uk-bus:Director17 17 2024-09-30 07721161 uk-bus:Director18 18 2023-10-01 2024-09-30 07721161 uk-bus:Director18 18 2023-09-30 07721161 uk-bus:Director18 18 2024-09-30 07721161 uk-bus:Director19 19 2023-10-01 2024-09-30 07721161 uk-bus:Director19 19 2023-09-30 07721161 uk-bus:Director19 19 2024-09-30 07721161 uk-bus:Director20 20 2023-10-01 2024-09-30 07721161 uk-bus:Director20 20 2023-09-30 07721161 uk-bus:Director20 20 2024-09-30 07721161 1 2023-10-01 2024-09-30 07721161 2 2023-10-01 2024-09-30 07721161 3 2023-10-01 2024-09-30

# JRBK TRADING LIMITED

## Company Registration Number:
07721161 (England and Wales)

## Unaudited abridged accounts for the year ended 30 September 2024

## Period of accounts

## Start date: 01 October 2023

## End date: 30 September 2024

# JRBK TRADING LIMITED

## Contents of the Financial Statements

for the Period Ended 30 September 2024

Balance sheet |
Notes |

# JRBK TRADING LIMITED

## Balance sheet

As at 30 September 2024

| Notes | 2024 | 2023
--- | --- | --- | ---
|  | £ | £
Fixed assets
Intangible assets: | 3 | 52,500 | 60,000
Tangible assets: | 4 | 119,564 | 130,459
Total fixed assets: |  | 172,064 | 190,459
Current assets
Stocks: |  | 251,984 | 206,000
Debtors: |  | 43,437 | 59,609
Cash at bank and in hand: |  | 152,595 | 132,434
Total current assets: |  | 448,016 | 398,043
Creditors: amounts falling due within one year: | 5 | (103,710) | (96,213)
Net current assets (liabilities): |  | 344,306 | 301,830
Total assets less current liabilities: |  | 516,370 | 492,289
Creditors: amounts falling due after more than one year: | 6 | (17,500) | (27,502)
Total net assets (liabilities): |  | 498,870 | 464,787
Capital and reserves
Called up share capital: |  | 1,000 | 1,000
Profit and loss account: |  | 497,870 | 463,787
Shareholders funds: |  | 498,870 | 464,787

The notes form part of these financial statements

# JRBK TRADING LIMITED

## Balance sheet statements

For the year ending 30 September 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 18 September 2025
and signed on behalf of the board by:

Name: K M Jones
Status: Director

The notes form part of these financial statements

# JRBK TRADING LIMITED

## Notes to the Financial Statements

for the Period Ended 30 September 2024

## 1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

## Turnover policy

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 fixed assets and depreciation policy

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: Asset class, Depreciation method and rate: Furniture, fittings, tools and equipment, reducing balance 20 percent per annum. Land and buildings, Straight Line 5 percent per annum.

## Intangible fixed assets and amortisation policy

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows: Asset class, Amortisation method and rate: Goodwill, straight line 5 percent per annum.

## Valuation and information policy

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method. The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

## Other accounting policies

TANGIBLE ASSETS Tangible assets are stated in the statement of financial position 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. JUDGEMENTS No provision for any diminution in value of any assets is considered necessary. KEY SOURCES OF ESTIMATION UNCERTAINTY The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. FOREIGN CURRENCY TRANSACTIONS AND BALANCES Transactions in foreign currencies are recorded at the exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the closing rates at the balance sheet date. All exchange differences are included in the profit and loss account. TAX The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income. Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the Company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date. The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. GOODWILL Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made. 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. TRADE DEBTORS Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables. TRADE CREDITORS Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method. 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. DIVIDENDS Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared. DEFINED CONTRIBUTION PENSION OBLIGATION A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods. Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

# JRBK TRADING LIMITED

## Notes to the Financial Statements

for the Period Ended 30 September 2024

## 2. Employees

| 2024 | 2023
--- | --- | ---
Average number of employees during the period | 3 | 3

# JRBK TRADING LIMITED

## Notes to the Financial Statements

for the Period Ended 30 September 2024

## 3. Intangible Assets

| Total
--- | ---
Cost | £
At 01 October 2023 | 150,000
At 30 September 2024 | 150,000
Amortisation |
At 01 October 2023 | 90,000
Charge for year | 7,500
At 30 September 2024 | 97,500
Net book value |
At 30 September 2024 | 52,500
At 30 September 2023 | 60,000

# JRBK TRADING LIMITED

## Notes to the Financial Statements

for the Period Ended 30 September 2024

## 4. Tangible Assets

| Total
--- | ---
Cost | £
At 01 October 2023 | 189,235
Additions | 314
Disposals | (115)
At 30 September 2024 | 189,434
Depreciation |
At 01 October 2023 | 58,776
Charge for year | 11,094
At 30 September 2024 | 69,870
Net book value |
At 30 September 2024 | 119,564
At 30 September 2023 | 130,459

Included within the net book value of tangible assets above is £108,549 (2023 - £115,739) in respect of freehold land and buildings.

# JRBK TRADING LIMITED

## Notes to the Financial Statements

for the Period Ended 30 September 2024

## 5. Creditors: amounts falling due within one year note

Trade creditors £100,236 (2023 £84,641), Taxation and social security £2,515 (2023 £11,385), Other creditors £185 (2023 £187), Bank overdraft £774 (2023 Nil).

# JRBK TRADING LIMITED

## Notes to the Financial Statements

for the Period Ended 30 September 2024

## 6. Creditors: amounts falling due after more than one year note

Bank borrowings £17,500 (2023 £27,502) is a bounce-back loan denominated in GBP with a nominal interest rate of 2.5%, and the final instalment is due on 17 June 2026.

# JRBK TRADING LIMITED

## Notes to the Financial Statements

for the Period Ended 30 September 2024

## 7. Loans to directors

Name of director receiving advance or credit: | Richard Bell
Description of the loan: | Director's loan account 2.25% interest
£
Balance at 01 October 2023 |  | 12,242
Advances or credits made: |  | 8,496
Balance at 30 September 2024 |  | 20,738

Name of director receiving advance or credit: | Kerrie Jones
Description of the loan: | Director's loan account 2.25% interest
£
Balance at 01 October 2023 |  | 12,242
Advances or credits made: |  | 8,496
Balance at 30 September 2024 |  | 20,738

# JRBK TRADING LIMITED

## Notes to the Financial Statements

for the Period Ended 30 September 2024

## 8. Related party transactions

Directors' remuneration for the year was £23,000 (2023 £23,000), Contributions paid to money purchase schemes £315 (2023 £315), Dividends paid to directors: R C Bell £22,750 (2023 £36,500), K M Jones £22,750 (2023 £36,500)