J.B. Rubber (Corby) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 02026688 (England and Wales)

J.B. RUBBER (CORBY) LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTOR:

M Gray

SECRETARY:

L Gray

REGISTERED OFFICE:

22-24 Harborough Road

Kingsthorpe

Northampton

Northamptonshire

NN2 7AZ

REGISTERED NUMBER:

02026688 (England and Wales)

ACCOUNTANTS:

Phipps Henson McAllister

Chartered Accountants

22-24 Harborough Road

Kingsthorpe

Northampton

NN2 7AZ

FIXED ASSETS

Tangible assets

4

566,810

333,892

CURRENT ASSETS

Stocks

181,619

240,151

Debtors

5

395,765

621,344

Cash at bank and in hand

434,615

531,812

1,011,999

1,393,307

CREDITORS

Amounts falling due within one year

6

697,478

888,222

NET CURRENT ASSETS

314,521

505,085

TOTAL ASSETS LESS CURRENT LIABILITIES

881,331

838,977

CREDITORS

Amounts falling due after more than one year

7

(214,954

)

(173,421

)

PROVISIONS FOR LIABILITIES

(141,703

)

(83,473

)

NET ASSETS

524,674

582,083

CAPITAL AND RESERVES

Called up share capital

8

52

Capital redemption reserve

50

Retained earnings

524,572

581,981

SHAREHOLDERS' FUNDS

524,674

582,083

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 March 2026 and were signed by:

M Gray - Director

1.	STATUTORY INFORMATION

J.B. Rubber (Corby) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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

Freehold property

-

2.5% on cost

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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

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.

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.

Debtors and creditors

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2024 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

COST

At 1 July 2024

447,534

192,269

17,763

116,201

773,767

Additions

-

337,079

Disposals

-

(31,640

)

(31,640

)

At 30 June 2025

447,534

192,269

17,763

421,640

1,079,206

DEPRECIATION

At 1 July 2024

131,441

182,045

15,435

110,954

439,875

Charge for year

8,951

5,112

582

84,269

98,914

Eliminated on disposal

-

(26,393

)

(26,393

)

At 30 June 2025

140,392

187,157

16,017

168,830

512,396

NET BOOK VALUE

At 30 June 2025

307,142

5,112

1,746

252,810

566,810

At 30 June 2024

316,093

10,224

2,328

5,247

333,892

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

Additions

108,945

At 30 June 2025

108,945

DEPRECIATION

Charge for year

27,237

At 30 June 2025

27,237

NET BOOK VALUE

At 30 June 2025

81,708

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

327,370

317,146

Other debtors

68,395

304,198

395,765

621,344

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

45,000

Hire purchase contracts

24,736

-

Trade creditors

457,885

507,575

Taxation and social security

64,297

192,347

Other creditors

105,560

143,300

697,478

888,222

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

Bank loans

155,175

173,421

Hire purchase contracts

59,779

-

214,954

173,421

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

25

B Ordinary

£1

25

C Ordinary

£1

25

1

D Ordinary

£1

1

E Ordinary

£1

1

52