Company Registration No. SC203658 (Scotland)
J K Business Services Limited
Unaudited accounts
for the year ended 31 August 2025
J K Business Services Limited
Unaudited accounts
Contents
J K Business Services Limited
Company Information
for the year ended 31 August 2025
Directors
Joanne Dawn Simpson
David Clark Simpson
Nicola Cant
Alison O'Donnell
Secretary
Joanne Dawn Simpson
Company Number
SC203658 (Scotland)
Registered Office
Axwel House
2 Westerton Road
Broxburn
West Lothian
EH52 5AU
Scotland
Accountants
Select Financial Management (Scotland) Ltd
Accountants & Business Advisers
Axwel House
2 Westerton Road
Broxburn
West Lothian
EH52 5AU
J K Business Services Limited
Statement of financial position
as at 31 August 2025
Tangible assets
8,911
7,173
Cash at bank and in hand
4,392
13,349
Creditors: amounts falling due within one year
(164,071)
(135,026)
Net current (liabilities)/assets
(11,020)
42,892
Total assets less current liabilities
(2,109)
50,065
Creditors: amounts falling due after more than one year
(47,970)
(50,547)
Provisions for liabilities
Deferred tax
(1,400)
(1,051)
Net liabilities
(51,479)
(1,533)
Called up share capital
100
100
Profit and loss account
(51,579)
(1,633)
Shareholders' funds
(51,479)
(1,533)
For the year ending 31 August 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 20 May 2026 and were signed on its behalf by
Joanne Dawn Simpson
Director
Company Registration No. SC203658
J K Business Services Limited
Notes to the Accounts
for the year ended 31 August 2025
J K Business Services Limited is a private company, limited by shares, registered in Scotland, registration number SC203658. The registered office is Axwel House, 2 Westerton Road, Broxburn, West Lothian, EH52 5AU, Scotland.
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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 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.
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:
Computer equipment
20% Straight-Line
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.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
J K Business Services Limited
Notes to the Accounts
for the year ended 31 August 2025
4
Tangible fixed assets
Computer equipment
At 1 September 2024
21,026
At 1 September 2024
13,853
Amounts falling due within one year
Trade debtors
41,000
52,160
Accrued income and prepayments
600
736
Other debtors
107,059
111,673
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
67,894
18,629
Trade creditors
11,732
21,756
Taxes and social security
20,843
21,540
Other creditors
23,389
52,877
7
Creditors: amounts falling due after more than one year
2025
2024
During the year, the company operated a loan account with its directors Joanne and David Simpson. As at the balance sheet date, the amount due to the company by those directors totalled £52,877 (PY: £29,808) which is included within the figure for 'Other debtors' per Note 6 above. This loan is interest-free and has no set repayment date.
J K Business Services Limited
Notes to the Accounts
for the year ended 31 August 2025
9
Transactions with related parties
Included within the figure for 'Other debtors' per Note 6 above is the amount of £39,163 (PY: £52,859) due from Financial Growth Academy Ltd, a loan which is interest-free with no set repayment date. .
During the year, the amount of £31,676 due from Rich Girls Club Ltd was written-off due to that company being dissolved, and is separately disclosed as an exceptional item in the Statement of Income and Retained Earnings.
Both of the above companies are/were under the control of the director Joanne Simpson.
10
Average number of employees
During the year the average number of employees was 9 (2024: 8).