JBC Enterprises Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 10717676

JBC Enterprises Limited

Filleted Unaudited Financial Statements

31 March 2026

JBC Enterprises Limited

Statement of Financial Position

31 March 2026

	2026	2025
Note	£	£

Fixed assets

Tangible assets	5	8,895	6,465

Current assets

Stocks		32,505	37,105
Debtors	6	2,300	2,526
Cash at bank and in hand		8,597	1,859
		--------	--------
		43,402	41,490

Creditors: amounts falling due within one year	7	332,616	287,255
		---------	---------
Net current liabilities		289,214	245,765
		---------	---------
Total assets less current liabilities		( 280,319)	( 239,300)
		---------	---------
Net liabilities		( 280,319)	( 239,300)
		---------	---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	( 280,419)	( 239,400)
	---------	---------
Shareholders deficit	( 280,319)	( 239,300)
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

JBC Enterprises Limited

Statement of Financial Position (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 9 June 2026 , and are signed on behalf of the board by:

Mrs J B Campbell
Director

Company registration number: 10717676

JBC Enterprises Limited

Notes to the Financial Statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Horringer Manor, Manor Lane, Horringer, Bury St. Edmunds, IP29 5PY, England.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The director has considered the current and future cash requirements of the company and considers it appropriate to prepare the accounts on a going concern basis.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	4 years
Equipment	-	`4 years`

Stocks

Purchased livestock is measured at the lower of cost and net realisable value. Home-bred sheep are valued using the deemed cost method, being 75% of their estimated open market value at the balance sheet date. The valuation basis is applied consistently from year to year.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2025: 1 ).

5. Tangible assets

	Plant and machinery	Equipment	Painting	Total
	£	£	£	£
Cost
At 1 April 2025	10,018	849	–	10,867
Additions	4,850	–	600	5,450
	--------	----	----	--------
At 31 March 2026	14,868	849	600	16,317
	--------	----	----	--------
Depreciation
At 1 April 2025	4,367	35	–	4,402
Charge for the year	2,807	213	–	3,020
	--------	----	----	--------
At 31 March 2026	7,174	248	–	7,422
	--------	----	----	--------
Carrying amount
At 31 March 2026	7,694	601	600	8,895
	--------	----	----	--------
At 31 March 2025	5,651	814	–	6,465
	--------	----	----	--------

6. Debtors

	2026	2025
	£	£
Trade debtors	2,300	–
Other debtors	–	2,526
	-------	-------
	2,300	2,526
	-------	-------

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	5,360	1,118
Social security and other taxes	2,532	–
Other creditors	324,724	286,137
	---------	---------
	332,616	287,255
	---------	---------

8. Director's advances, credits and guarantees

During the year the director entered into the following advances and credits with the company:

	2026
	Balance brought forward	Advances/ (credits) to the director	Amounts repaid	Balance outstanding
	£	£	£	£
Mrs J B Campbell	( 253,119)	60,021	( 46,046)	( 239,144)
	---------	--------	--------	---------

	2025
	Balance brought forward	Advances/ (credits) to the director	Amounts repaid	Balance outstanding
	£	£	£	£
Mrs J B Campbell	( 197,601)	4,982	( 60,500)	( 253,119)
	---------	-------	--------	---------

9. Related party transactions

Included in Other creditors at the year end was an amount of £80,000 (2025: £29,000) owing to Black Dog Capital Limited, a company in which Mrs J B Campbell is a director and shareholder. The loan is interest free and repayable on demand.