JTB Developments Ltd - Filleted accounts

Registered number

08886047

JTB Developments Ltd

Filleted Accounts

28 February 2025

JTB Developments Ltd
Registered number:		08886047
Balance Sheet
as at 28 February 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3.00		9,481			12,642

Current assets
Stocks		15,000			15,000
Debtors	4	16,516			22,854
Cash at bank and in hand		252,220			30,528
		283,736			68,382

Creditors: amounts falling due within one year	5	(156,059)			(34,881)

Net current assets			127,677			33,501

Total assets less current liabilities			137,158			46,143

Creditors: amounts falling due after more than one year	6.00		- 7,607.00			- 11,118.00



Net assets			129,551			35,025

Capital and reserves
Called up share capital			1			1
Profit and loss account			129,550			35,024

Shareholders' funds			129,551			35,025

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.




Jacek Cezary Stefaniak
Director
Approved by the board on 9 December 2025

JTB Developments Ltd
Notes to the Accounts
for the year ended 28 February 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:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	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.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		3		4


3	Tangible fixed assets
					Motor vehicles
£
	Cost
	At 1 March 2024				22,475
	At 28 February 2025				22,475

	Depreciation
	At 1 March 2024				9,833
	Charge for the year				3,161
	At 28 February 2025				12,994

	Net book value
	At 28 February 2025				9,481
	At 29 February 2024				12,642


4	Debtors		2025		2024
£				£

	Trade debtors		8,214		13,714
	Corporation Tax		-		-
	CIS Recoverable		2,140		2,978
	Loan to White Eagle Developments		3,585		3,585
	Loan to Tomasz Baran		200		200
	Company credit card		2,377		2,377
			16,516		22,854


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

	Trade creditors		1,091		1,047
	Corporation Tax		30,118		1,145
	Directors' Account		70,754		11,535
	VAT Payable		21,089		10,994
	PAYE & NI		24,556		1,693
	Vesteel win		8,497		8,497
	Pension Fund		(46)		(30)
			156,059		34,881


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

	Obligations under finance lease and hire purchase contracts		7,607		11,118


7	Controlling party

	Jacek Cezary Stefaniak


8	Other information

	JTB Developments Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	741 Hanworth Road,
	England
	TW4 5PR