JB63 LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J M Berwick

REGISTERED OFFICE:

Suite 22-23

Prospect House

62 Tong Street

Bradford

West Yorkshire

BD4 9LX

REGISTERED NUMBER:

11889612 (England and Wales)

ACCOUNTANTS:

Wilkinson and Partners

Chartered Accountants

Fairfax House

6a Mill Field Road

Cottingley Business Park

Bradford

West Yorkshire

BD16 1PY

FIXED ASSETS

Tangible assets

5

34,058

49,142

Investments

6

283,945

335,145

318,003

384,287

CURRENT ASSETS

Stocks

2,220

8,501

Debtors

7

181,290

94,194

Cash at bank

8,507

118,961

192,017

221,656

CREDITORS

Amounts falling due within one year

8

254,758

402,017

NET CURRENT LIABILITIES

(62,741

)

(180,361

)

TOTAL ASSETS LESS CURRENT LIABILITIES

255,262

203,926

CREDITORS

Amounts falling due after more than one year

9

(27,772

)

(39,698

)

PROVISIONS FOR LIABILITIES

10

(6,279

)

(9,763

)

NET ASSETS

221,211

154,465

CAPITAL AND RESERVES

Called up share capital

11

100

100

Retained earnings

221,111

154,365

SHAREHOLDERS' FUNDS

221,211

154,465

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 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.

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

The financial statements were approved by the director and authorised for issue on 22 May 2026 and were signed by:

J M Berwick - Director

1.	STATUTORY INFORMATION

JB63 Limited 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 September 2024

8,074

9,542

54,021

8,568

80,205

Additions

-

2,617

-

1,246

3,863

Disposals

-

-

(12,000

)

-

(12,000

)

At 31 August 2025

8,074

12,159

42,021

9,814

72,068

DEPRECIATION

At 1 September 2024

3,841

4,815

18,073

4,334

31,063

Charge for year

847

1,469

8,987

1,808

13,111

Eliminated on disposal

-

-

(6,164

)

-

(6,164

)

At 31 August 2025

4,688

6,284

20,896

6,142

38,010

NET BOOK VALUE

At 31 August 2025

3,386

5,875

21,125

3,672

34,058

At 31 August 2024

4,233

4,727

35,948

4,234

49,142

The net book value of tangible fixed assets includes £ 15,984 (2024 - £ 21,312 ) in respect of assets held under hire purchase contracts.

6.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

31.8.25

31.8.24

£

£

Investments

283,945

335,145

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

68,515

6,592

Other debtors

40

-

Directors' current accounts

86,446

63,472

Tax

21,421

21,421

Prepayments

4,868

2,709

181,290

94,194

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

5,943

5,943

Hire purchase contracts

5,983

5,983

Trade creditors

39,687

78,148

Tax

75,715

51,306

Social security and other taxes

10,778

20,075

VAT

34,928

72,675

Other creditors

57,706

48,754

Deferred income

21,463

116,698

Accrued expenses

2,555

2,435

254,758

402,017

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans - 1-2 years

5,943

5,943

Bank loans - 2-5 years

16,344

17,829

Bank loans more 5 yr by instal

-

4,458

Hire purchase contracts

5,485

11,468

27,772

39,698

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

4,458

10.	PROVISIONS FOR LIABILITIES

31.8.25

31.8.24

£

£

Deferred tax

6,279

9,763

Deferred

tax

£

Balance at 1 September 2024

9,763

Accelerated capital allowances

(3,484

)

Balance at 31 August 2025

6,279

The entire provision for deferred taxation is in relation to accelerated capital allowances.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.25

31.8.24

value:

£

£

100

Ordinary

£1.00

100

100

12.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2025 and 31 August 2024:

31.8.25

31.8.24

£

£

J M Berwick

Balance outstanding at start of year

63,471

27,813

Amounts advanced

22,975

35,658

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

86,446

63,471

The loan to the director is interest free and repayable on demand.

Of the amount owed by the director, £23,000 is to be repaid by 31/5/2026.

13.	ULTIMATE CONTROLLING PARTY

The controlling party is Lucie Karis Berwick.