JHB (UK) Ltd - Filleted accounts

Registered number

06841789

JHB (UK) Ltd

Filleted Accounts

31 March 2025

JHB (UK) Ltd
Registered number:		06841789
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		1,353,690			1,193,062

Current assets
Stocks		25,000			25,000
Debtors	4	1,676,143			947,518
Cash at bank and in hand		117,784			190,407
		1,818,927			1,162,925

Creditors: amounts falling due within one year	5	(1,449,302)			(648,692)

Net current assets			369,625			514,233

Total assets less current liabilities			1,723,315			1,707,295

Creditors: amounts falling due after more than one year	6		(247,915)			(311,202)

Provisions for liabilities			(68,344)			(68,344)


Net assets			1,407,056			1,327,749

Capital and reserves
Called up share capital			2			2
Profit and loss account			1,407,054			1,327,747

Shareholders' funds			1,407,056			1,327,749

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.




James Matthew Hodge-Brooks
Director
Approved by the board on 23 October 2025

JHB (UK) 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Motor vehicles			25% reducing balance
	Plant and machinery			25% straight line

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	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.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					60		35


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2024	661,048		463,258		540,095		1,664,401
	Additions	-		226,400		246,406		472,806
	Disposals	-		-		(57,550)		(57,550)
	At 31 March 2025	661,048		689,658		728,951		2,079,657

	Depreciation
	At 1 April 2024	41,676		190,681		238,982		471,339
	Charge for the year	13,221		129,796		128,555		271,572
	On disposals	-		-		(16,944)		(16,944)
	At 31 March 2025	54,897		320,477		350,593		725,967

	Net book value
	At 31 March 2025	606,151		369,181		378,358		1,353,690
	At 31 March 2024	619,372		272,577		301,113		1,193,062


4	Debtors					2025		2024
£							£

	Trade debtors					1,571,794		777,810
	Amounts owed by group undertakings and undertakings in which the company has a participating interest					60,028		59,928
	Prepayments					37,651		10,456
	Other debtors					6,670		99,324
						1,676,143		947,518


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Accruals and deferred income					42,738		31,639
	Bank loans and overdrafts					53,906		84,128
	Trade creditors					275,025		255,543
	Taxation and social security costs					361,767		260,586
	Other creditors					715,866		16,796
						1,449,302		648,692


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					247,915		311,202


7	Other information

	JHB (UK) Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	The Roadhouse
	Marley Head
	South Brent
	Devon
	TQ10 9JT