REGISTERED NUMBER: 10012950 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2026

for

JBS Lofts Ltd

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr N Williams

REGISTERED OFFICE:

Unit 1

Court Unity Road

Keynsham

Bristol

BS31 1FU

REGISTERED NUMBER:

10012950 (England and Wales)

ACCOUNTANTS:

Norton Tax Shops Limited

3 & 5 Station Road

Keynsham

Bristol

BS31 2BH

FIXED ASSETS

Tangible assets

4

46,924

49,524

CURRENT ASSETS

Debtors

184,899

240,444

Cash at bank

160,934

216,908

345,833

457,352

CREDITORS

Amounts falling due within one year

207,874

270,461

NET CURRENT ASSETS

137,959

186,891

TOTAL ASSETS LESS CURRENT LIABILITIES

184,883

236,415

CREDITORS

Amounts falling due after more than one year

(7,987

)

(9,094

)

PROVISIONS FOR LIABILITIES

5

(11,731

)

(12,381

)

NET ASSETS

165,165

214,940

CAPITAL AND RESERVES

Called up share capital

6

100

100

Retained earnings

165,065

214,840

SHAREHOLDERS' FUNDS

165,165

214,940

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 28 February 2026 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 April 2026 and were signed by:

Mr N Williams - Director

1.	STATUTORY INFORMATION

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

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2025 - 26 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 March 2025

133,481

Additions

15,400

Disposals

(13,244

)

At 28 February 2026

135,637

DEPRECIATION

At 1 March 2025

83,957

Charge for year

15,644

Eliminated on disposal

(10,888

)

At 28 February 2026

88,713

NET BOOK VALUE

At 28 February 2026

46,924

At 28 February 2025

49,524

5.	PROVISIONS FOR LIABILITIES

28.2.26

28.2.25

£

£

Deferred tax

11,731

12,381

Deferred

tax

£

Balance at 1 March 2025

12,381

Credit to Income Statement during year

(650

)

Balance at 28 February 2026

11,731

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.26

28.2.25

value:

£

£

100

Ordinary

£1

100

100

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2026 and 28 February 2025:

28.2.26

28.2.25

£

£

Mr N Williams

Balance outstanding at start of year

(23

)

(30,280

)

Amounts advanced

-

30,257

Amounts repaid

(312

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(335

)

(23

)

8.	RELATED PARTY DISCLOSURES

During the year the company provided services to Visio Homes Ltd to the value of £22,139 (2025: £1,049) . These transactions were carried out during the normal course of business at market value.

The company is associated as Mr N Williams holds 52% of the issues shares in Visio Homes Ltd.