JYB KLASSI LTD


Directors	BAEK, Eun Ok
	JEONG, Youn Bok


Registered Address	10 Bedford Corner The Avenue
	Chiswick
	W4 1LZ


Registered Number	11899798 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		420,053		429,574
			420,053		429,574
Current assets
Stocks	4	2,500		2,300
Cash at bank and on hand		12,922		41,434
		15,422		43,734
Creditors amounts falling due within one year	5	(78,644)		(135,561)
Net current assets (liabilities)			(63,222)		(91,827)
Total assets less current liabilities			356,831		337,747
Creditors amounts falling due after one year	6		(216,603)		(234,734)
Provisions for liabilities	7		(4,854)		(4,284)
Net assets			135,374		98,729
Capital and reserves
Called up share capital			100		100
Profit and loss account			135,274		98,629
Shareholders' funds			135,374		98,729

The company was entitled to exemption from audit for this reporting period 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.
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 and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 4 December 2025, and are signed on its behalf by:

BAEK, Eun Ok
Director

JEONG, Youn Bok
Director

Registered Company No. 11899798

JYB KLASSI LTD

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Turnover policy
	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.

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

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	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.

Deferred tax

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.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Land and buildings	2
	Plant and machinery	25
	Fixtures and fittings	25
	Office Equipment	25

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2025		2024
	Average number of employees during the year	3		3

3.	Tangible fixed assets

	Land & buildings	Plant & machinery	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 April 24	420,330	9,303	31,804	16,674	478,111
Additions	-	5,300	-	-	5,300
At 31 March 25	420,330	14,603	31,804	16,674	483,411
Depreciation and impairment
At 01 April 24	16,645	4,318	18,518	9,056	48,537
Charge for year	8,238	1,356	3,321	1,906	14,821
At 31 March 25	24,883	5,674	21,839	10,962	63,358
Net book value
At 31 March 25	395,447	8,929	9,965	5,712	420,053
At 31 March 24	403,685	4,985	13,286	7,618	429,574

4.	Stocks

	2025	2024
	£	£
Other stocks	2,500	2,300
Total	2,500	2,300

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	6,854	2,940
Bank borrowings and overdrafts	37,333	39,318
Taxation and social security	29,890	39,483
Other creditors	4,567	53,820
Total	78,644	135,561


	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.

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	216,603	234,734
Total	216,603	234,734

7.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	4,854	4,284
Total	4,854	4,284

8.	Related party transactions
	The company has taken advantage of the exemption under FRS 102 1AC.35 whereby particulars need not be given for related party transactions concluded under normal market conditions, or transactions entered into between two or more members of a group, provided that any subsidiary which is party to the transactions is wholly-owned by such a member.