Company Registration No. 03526555 (England and Wales)
Jobel Limited
Unaudited accounts
for the year ended 30 November 2025
Jobel Limited
Unaudited accounts
Contents
Jobel Limited
Company Information
for the year ended 30 November 2025
Directors
Mr M J Freeman
Mr D J Freeman
Company Number
03526555 (England and Wales)
Registered Office
3 Bounds Place
Millbay Road
Plymouth
Devon
PL1 3LS
Accountants
Blackwell Bate Ltd
Brunel Court
122 Fore Street
Saltash
Cornwall
PL12 6JW
Jobel Limited
Statement of financial position
as at 30 November 2025
Tangible assets
265,565
235,958
Cash at bank and in hand
38,643
39,189
Creditors: amounts falling due within one year
(200,707)
(158,438)
Net current liabilities
(103,182)
(77,287)
Total assets less current liabilities
162,383
158,671
Provisions for liabilities
Deferred tax
(18,115)
(5,462)
Net assets
144,268
153,209
Called up share capital
4
4
Profit and loss account
144,264
153,205
Shareholders' funds
144,268
153,209
For the year ending 30 November 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 29 April 2026 and were signed on its behalf by
Mr M J Freeman
Director
Company Registration No. 03526555
Jobel Limited
Notes to the Accounts
for the year ended 30 November 2025
Jobel Limited is a private company, limited by shares, registered in England and Wales, registration number 03526555. The registered office is 3 Bounds Place, Millbay Road , Plymouth, Devon, PL1 3LS.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is recognised at the fair value of the consideration received for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
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:
Land & buildings
1% reducing balance
Plant & machinery
25% reducing balance
Motor vehicles
25% straight line
Fixtures & fittings
25% reducing balance and 5 years straight line
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.
Jobel Limited
Notes to the Accounts
for the year ended 30 November 2025
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.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 December 2024
231,459
7,981
93,743
27,784
360,967
Additions
-
953
15,909
41,759
58,621
Disposals
-
-
(25,744)
-
(25,744)
At 30 November 2025
231,459
8,934
83,908
69,543
393,844
At 1 December 2024
36,405
3,860
65,308
19,436
125,009
Charge for the year
1,951
1,240
10,856
2,837
16,884
On disposals
-
-
(13,614)
-
(13,614)
At 30 November 2025
38,356
5,100
62,550
22,273
128,279
At 30 November 2025
193,103
3,834
21,358
47,270
265,565
At 30 November 2024
195,054
4,121
28,435
8,348
235,958
Amounts falling due within one year
Accrued income and prepayments
23,898
7,109
Jobel Limited
Notes to the Accounts
for the year ended 30 November 2025
6
Creditors: amounts falling due within one year
2025
2024
Obligations under finance leases and hire purchase contracts
-
3,467
Trade creditors
73,084
66,951
Taxes and social security
6,151
24,480
Other creditors
121,472
60,336
7
Average number of employees
During the year the average number of employees was 11 (2024: 10).