J. Gibbs Limited

	Page
Statement of Financial Position	1
Notes to the Financial Statements	2—3

Registered number: 00334988

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS

CURRENT ASSETS
Debtors	5	316,071		156,090
Cash at bank and in hand		635,450		569,897

		951,521		725,987
Creditors: Amounts Falling Due Within One Year	6	(468,660 )		(397,559 )

NET CURRENT ASSETS (LIABILITIES)			482,861		328,428

TOTAL ASSETS LESS CURRENT LIABILITIES			482,861		328,428

NET ASSETS			482,861		328,428

CAPITAL AND RESERVES
Called up share capital	7		221,493		221,493
Capital redemption reserve			11,067		11,067
Income Statement			250,301		95,868

SHAREHOLDERS' FUNDS			482,861		328,428

For the year ending 31 December 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

Deborah Gee Director	Edward Gibbs Director
14/07/2026

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

J. Gibbs Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00334988 . The registered office is 6 The Maltings, Green Lane, Appledore, Devon, EX39 1QZ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover relates to rental income recognised on a straight-line basis over the lease term.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	25% reducing balance
Fixtures & Fittings	25% reducing balance

2.4. Leasing and Hire Purchase Contracts

Rentals payable under operating leases are charged to the profit and loss account on a straight-line basis over the period of the lease.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 3)

4. Tangible Assets

	Land & Property
	Leasehold	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 January 2025	39,814	188	40,002

As at 31 December 2025	39,814	188	40,002

Depreciation
As at 1 January 2025	39,814	188	40,002

As at 31 December 2025	39,814	188	40,002

Net Book Value
As at 31 December 2025	-	-	-

As at 1 January 2025	-	-	-

Page 2

Page 3

J. Gibbs Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	826	149,394
Other debtors	315,245	6,696

	316,071	156,090

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	7,433	100,626
Other creditors	183,050	182,445
Taxation and social security	278,177	114,488

	468,660	397,559

7. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
29,008 Ordinary A shares of £ 1.00 each	29,008	29,008
192,485 Ordinary B shares of £ 1.00 each	192,485	192,485

	221,493	221,493

8. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2025	2024
	£	£
Not later than one year	157,329	156,458
Later than one year and not later than five years	380,000	380,000
Later than five years	213,750	308,750

	751,079	845,208