Company Registration No. 13036580 (England and Wales)
JDBN Limited
Unaudited financial statements
for the year ended 30 November 2025
Pages for filing with the registrar
JDBN Limited
Contents
Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 7
JDBN Limited
Statement of financial position
As at 30 November 2025
1
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
2,461
3,281
Investments
5
1,000,000
-
0
1,002,461
3,281
Current assets
Debtors
6
3,876,086
286,961
Investments
7
2,274,659
585,252
Cash at bank and in hand
485,194
440,517
6,635,939
1,312,730
Creditors: amounts falling due within one year
8
(1,430,146)
(206,458)
Net current assets
5,205,793
1,106,272
Total assets less current liabilities
6,208,254
1,109,553
Provisions for liabilities
(54,525)
(29,862)
Net assets
6,153,729
1,079,691
Capital and reserves
Called up share capital
3
3
Non-distributable profits reserve
9
163,574
61,122
Distributable profit and loss reserves
5,990,152
1,018,566
Total equity
6,153,729
1,079,691

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

For the financial year ended 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

JDBN Limited
Statement of financial position (continued)
As at 30 November 2025
2
The financial statements were approved by the board of directors and authorised for issue on 21 August 2026 and are signed on its behalf by:
Nicola Draper
Director
Company Registration No. 13036580
JDBN Limited
Notes to the financial statements
For the year ended 30 November 2025
3
1
Accounting policies
Company information

JDBN Limited is a private company limited by shares incorporated in England and Wales. The registered office is 71 Queen Victoria Street, London, United Kingdom, EC4V 4BE.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Revenue

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

Revenue is represented by sponsorship and marketing income.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computer Equipment
25% of written down value

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

JDBN Limited
Notes to the financial statements (continued)
For the year ended 30 November 2025
1
Accounting policies (continued)
4

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Financial instruments
Basic financial assets

Basic financial assets, which include debtors, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.8
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

JDBN Limited
Notes to the financial statements (continued)
For the year ended 30 November 2025
1
Accounting policies (continued)
5
Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the income statement, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

2
Critical accounting judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average number of employees during the year was Nil (2024: Nil).

2025
2024
Number
Number
Total
0
0
JDBN Limited
Notes to the financial statements (continued)
For the year ended 30 November 2025
6
4
Tangible fixed assets
Computer Equipment
£
Cost
At 1 December 2024 and 30 November 2025
4,375
Depreciation and impairment
At 1 December 2024
1,094
Depreciation charged in the year
820
At 30 November 2025
1,914
Carrying amount
At 30 November 2025
2,461
At 30 November 2024
3,281
5
Fixed asset investments
2025
2024
£
£
Loans
1,000,000
-
0
Movements in fixed asset investments
Loans
£
Cost or valuation
At 1 December 2024
-
Additions
1,000,000
At 30 November 2025
1,000,000
Carrying amount
At 30 November 2025
1,000,000
At 30 November 2024
-
0
6
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
3,366,257
31,655
Other debtors
240,184
5,306
3,606,441
36,961
JDBN Limited
Notes to the financial statements (continued)
For the year ended 30 November 2025
6
Debtors (continued)
7
2025
2024
Amounts falling due after more than one year:
£
£
Other debtors
269,645
250,000
Total debtors
3,876,086
286,961
7
Current asset investments
2025
2024
£
£
Other investments
2,274,659
585,252
8
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
-
0
286
Corporation tax
1,315,045
200,297
Other creditors
115,101
5,875
1,430,146
206,458
9
Non-distributable profits reserve
2025
2024
£
£
At the beginning of the year
61,122
28,464
Non distributable profits in the year
102,452
32,658
At the end of the year
163,574
61,122
10
Related party transactions

Included in other creditors, amounts falling due within one year, is an interest free amount of £107,477 (2024: £4,075) due to the company directors.

2025-11-30 2024-12-01 false false false CCH Software CCH Accounts Production 2026.100 No description of principal activity Ben Draper Jack Draper Nicola Draper 13036580 2024-12-01 2025-11-30 13036580 2025-11-30 13036580 2024-11-30 13036580 core:OtherPropertyPlantEquipment 2025-11-30 13036580 core:OtherPropertyPlantEquipment 2024-11-30 13036580 core:CurrentFinancialInstruments core:WithinOneYear 2025-11-30 13036580 core:CurrentFinancialInstruments core:WithinOneYear 2024-11-30 13036580 core:CurrentFinancialInstruments 2025-11-30 13036580 core:CurrentFinancialInstruments 2024-11-30 13036580 core:ShareCapital 2025-11-30 13036580 core:ShareCapital 2024-11-30 13036580 core:FurtherSpecificReserve1ComponentTotalEquity 2025-11-30 13036580 core:FurtherSpecificReserve1ComponentTotalEquity 2024-11-30 13036580 core:RetainedEarningsAccumulatedLosses 2025-11-30 13036580 core:RetainedEarningsAccumulatedLosses 2024-11-30 13036580 bus:Director3 2024-12-01 2025-11-30 13036580 core:ComputerEquipment 2024-12-01 2025-11-30 13036580 2023-12-01 2024-11-30 13036580 core:OtherPropertyPlantEquipment 2024-11-30 13036580 core:OtherPropertyPlantEquipment 2024-12-01 2025-11-30 13036580 core:Non-currentFinancialInstruments core:AfterOneYear 2025-11-30 13036580 core:Non-currentFinancialInstruments core:AfterOneYear 2024-11-30 13036580 bus:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 13036580 bus:SmallCompaniesRegimeForAccounts 2024-12-01 2025-11-30 13036580 bus:FRS102 2024-12-01 2025-11-30 13036580 bus:AuditExempt-NoAccountantsReport 2024-12-01 2025-11-30 13036580 bus:Director1 2024-12-01 2025-11-30 13036580 bus:Director2 2024-12-01 2025-11-30 13036580 bus:FullAccounts 2024-12-01 2025-11-30 xbrli:pure xbrli:shares iso4217:GBP