The Bull JKS Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 10710361

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		875		2,625
Tangible Assets	5		10,969		16,357

			11,844		18,982
CURRENT ASSETS
Stocks	6	11,071		11,071
Debtors	7	13,158		13,158
Cash at bank and in hand		15,421		16,057

		39,650		40,286
Creditors: Amounts Falling Due Within One Year	8	(53,500 )		(25,545 )

NET CURRENT ASSETS (LIABILITIES)			(13,850 )		14,741

TOTAL ASSETS LESS CURRENT LIABILITIES			(2,006 )		33,723

NET (LIABILITIES)/ASSETS			(2,006 )		33,723

CAPITAL AND RESERVES
Called up share capital	9		3		3
Profit and Loss Account			(2,009 )		33,720

SHAREHOLDERS' FUNDS			(2,006)		33,723

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The Bull JKS Ltd

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr K Journet

Director

23/12/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

The Bull JKS Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10710361 . The registered office is Barnet Road, London Colney, St Albans, Hertfordshire, AL2 1QU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

At the Balance-sheet date the companies liabilities exceeded it's assets and it's liability to trade is dependent on the financial support of the current directors and shareholders. Such financial support will continue to be made and these accounts have been prepared on the basis that the company will continue to trade normally.

2.3. 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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

2.4. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 8 years.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	12.50% Straight Line
Plant & Machinery	20% Straight Line
Motor Vehicles	20% Straight Line
Fixtures & Fittings	20% Straight Line

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.7. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 11 (2024: 11)

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The Bull JKS Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2024	14,000

As at 31 March 2025	14,000

Amortisation
As at 1 April 2024	11,375
Provided during the period	1,750

As at 31 March 2025	13,125

Net Book Value
As at 31 March 2025	875

As at 1 April 2024	2,625

5. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£	£
Cost
As at 1 April 2024	20,000	11,460	27,900	26,393	85,753
Additions	-	3,926	-	-	3,926

As at 31 March 2025	20,000	15,386	27,900	26,393	89,679

Depreciation
As at 1 April 2024	16,250	9,271	19,467	24,408	69,396
Provided during the period	2,500	1,503	4,400	911	9,314

As at 31 March 2025	18,750	10,774	23,867	25,319	78,710

Net Book Value
As at 31 March 2025	1,250	4,612	4,033	1,074	10,969

As at 1 April 2024	3,750	2,189	8,433	1,985	16,357

6. Stocks

	2025	2024
	£	£
Stock	11,071	11,071

7. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	13,158	13,158

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The Bull JKS Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	9,672	10,044
Other creditors	35,350	9,611
Taxation and social security	8,478	5,890

	53,500	25,545

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	3	3

10. Related Party Transactions

During the year, the company received a loan from the directors. The balance outstanding at year end was £31,994 (2024: £3,546).

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