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Company Registration No. 08264862 (England and Wales)
Ijb Services Ltd Unaudited accounts for the year ended 31 October 2025
Ijb Services Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Ijb Services Ltd Company Information for the year ended 31 October 2025
Directors
Charlene Chapman Ian Brown
Company Number
08264862 (England and Wales)
Registered Office
Hillcrest Lily Lane Aldeby Beccles Suffolk NR34 0BP England
Accountants
JHW Azoth Ltd 13 The Close Norwich Norfolk NR1 4DS
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Ijb Services Ltd Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
24,570
17,764
Current assets
Debtors
5
-
367
Cash at bank and in hand
104,919
91,018
104,919
91,385
Creditors: amounts falling due within one year
6
(29,901)
(36,207)
Net current assets
75,018
55,178
Total assets less current liabilities
99,588
72,942
Creditors: amounts falling due after more than one year
7
(14,242)
(18,631)
Provisions for liabilities
Deferred tax
8
(6,142)
(4,441)
Net assets
79,204
49,870
Capital and reserves
Called up share capital
100
100
Profit and loss account
79,104
49,770
Shareholders' funds
79,204
49,870
For the year ending 31 October 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 16 January 2026 and were signed on its behalf by
Ian Brown Director Company Registration No. 08264862
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Ijb Services Ltd Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
Ijb Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 08264862. The registered office is Hillcrest, Lily Lane, Aldeby, Beccles, Suffolk, NR34 0BP, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Dividends
Proposed dividends are only included as liabilities in the balance sheet when their payment has been approved by the shareholders prior to the balance sheet date.
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Ijb Services Ltd Notes to the Accounts for the year ended 31 October 2025
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 November 2024
3,090
44,440
47,530
Additions
-
14,995
14,995
At 31 October 2025
3,090
59,435
62,525
Depreciation
At 1 November 2024
2,184
27,582
29,766
Charge for the year
226
7,963
8,189
At 31 October 2025
2,410
35,545
37,955
Net book value
At 31 October 2025
680
23,890
24,570
At 31 October 2024
906
16,858
17,764
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
-
367
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
(337)
-
Obligations under finance leases and hire purchase contracts
5,641
5,641
Taxes and social security
24,000
14,469
Loans from directors
597
16,097
29,901
36,207
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Obligations under finance leases and hire purchase contracts
14,242
18,631
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Ijb Services Ltd Notes to the Accounts for the year ended 31 October 2025
8
Deferred taxation
2025
2024
£
£
Accelerated capital allowances
6,142
4,441
2025
2024
£
£
Provision at start of year
4,441
5,841
Charged/(credited) to the profit and loss account
1,701
(1,400)
Provision at end of year
6,142
4,441
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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