RBJ Enterprises Ltd

Contents

Statement of financial position	1
Notes to the Unaudited Financial Statements	2 to 6

RBJ Enterprises Ltd

(Registration number: 10605156)
Statement of financial position as at 29 November 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	15,412	17,981
Tangible assets	5	98,802	115,633
		114,214	133,614
Current assets
Debtors	6	26,003	44,907
Cash at bank and in hand		36,171	68,621
		62,174	113,528
Creditors: Amounts falling due within one year	7	(32,525)	(50,241)
Net current assets		29,649	63,287
Total assets less current liabilities		143,863	196,901
Creditors: Amounts falling due after more than one year	7	(233,474)	(262,748)
Provisions for liabilities		(1,290)	(991)
Net liabilities		(90,901)	(66,838)
Capital and reserves
Called up share capital	8	100	100
Retained earnings		(91,001)	(66,938)
Shareholders' deficit		(90,901)	(66,838)

For the financial year ending 29 November 2025 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 accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the director on 27 March 2026
 

......................................... B Jackson Director

RBJ Enterprises Ltd

Notes to the Unaudited Financial Statements for the Year Ended 29 November 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Spur House
14 Morden Road
London
SW19 3BJ

These financial statements were authorised for issue by the director on 27 March 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

RBJ Enterprises Ltd

Notes to the Unaudited Financial Statements for the Year Ended 29 November 2025

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Tenants improvements	straight line over term of lease
Furniture & equipment	25% per annum on reducing balance

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Franchise fees	straight line over term of licence

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the income statement over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 3 (2024 - 3).

RBJ Enterprises Ltd

Notes to the Unaudited Financial Statements for the Year Ended 29 November 2025

4	Intangible assets

	Franchise fees  £	Total £
Cost or valuation
At 30 November 2024	30,725	30,725
At 29 November 2025	30,725	30,725
Amortisation
At 30 November 2024	12,744	12,744
Amortisation charge	2,569	2,569
At 29 November 2025	15,313	15,313
Carrying amount
At 29 November 2025	15,412	15,412
At 29 November 2024	17,981	17,981

5	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 30 November 2024	184,028	12,467	196,495
Additions	-	3,662	3,662
At 29 November 2025	184,028	16,129	200,157
Depreciation
At 30 November 2024	73,612	7,250	80,862
Charge for the year	18,402	2,091	20,493
At 29 November 2025	92,014	9,341	101,355
Carrying amount
At 29 November 2025	92,014	6,788	98,802
At 29 November 2024	110,416	5,217	115,633

Included within the net book value of land and buildings above is £92,014 (2024 - £110,417) in respect of short leasehold land and buildings.
 

RBJ Enterprises Ltd

Notes to the Unaudited Financial Statements for the Year Ended 29 November 2025

6

Debtors

Current	2025 £	2024 £
Prepayments	5,576	4,907
Other debtors	20,427	40,000
	26,003	44,907

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings		6,160	10,000
Trade creditors		5,055	9,820
Taxation and social security		12,160	24,929
Accruals and deferred income		9,150	5,492
		32,525	50,241

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings		-	6,515
Other financial liabilities		233,474	256,233
		233,474	262,748

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary of £0.01 each	10,000	100	10,000	100

RBJ Enterprises Ltd

Notes to the Unaudited Financial Statements for the Year Ended 29 November 2025

9	Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

	2025 £	2024 £
Not later than one year	-	4,552
Later than one year and not later than five years	308,000	-
Later than five years	-	385,000
	308,000	389,552

The amount of non-cancellable operating lease payments recognised as an expense during the year was £80,034 (2024 - £95,206).