COMPANY REGISTRATION NUMBER:
10352243
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Filleted Unaudited Abridged Financial Statements |
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Abridged Financial Statements |
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Year ended 31 December 2025
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Accountants report to the director on the preparation of the unaudited statutory abridged financial statements |
1 |
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Abridged statement of financial position |
2 |
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Notes to the abridged financial statements |
4 |
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Accountants Report to the Director on the Preparation of the Unaudited Statutory Abridged Financial Statements of
JBCConnect Limited |
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Year ended 31 December 2025
As described on the abridged statement of financial position, the director of the company is responsible for the preparation of the abridged financial statements for the year ended 31 December 2025, which comprise the abridged statement of financial position and the related notes. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these abridged financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.
SABLE ACCOUNTING LIMITED
Accountants
5th Floor 18 St. Swithin's Lane
London
England
EC4N 8AD
23 September 2026
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Abridged Statement of Financial Position |
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31 December 2025
Current assets
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Debtors |
1,512,815 |
1,144,067 |
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Cash at bank and in hand |
497,903 |
242,209 |
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------------ |
------------ |
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2,010,718 |
1,386,276 |
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Creditors: amounts falling due within one year |
2,068,465 |
1,433,695 |
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Net current liabilities |
57,747 |
47,419 |
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-------- |
-------- |
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Total assets less current liabilities |
(
57,747) |
(
47,419) |
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-------- |
-------- |
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Capital and reserves
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Called up share capital |
1 |
1 |
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Profit and loss account |
(
57,748) |
(
47,420) |
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-------- |
-------- |
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Shareholders deficit |
(
57,747) |
(
47,419) |
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-------- |
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These abridged 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 abridged income statement has not been delivered.
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.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476
;
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
.
All of the members have consented to the preparation of the abridged income statement and the abridged statement of financial position for the year ending 31 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.
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Abridged Statement of Financial Position (continued) |
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31 December 2025
These abridged financial statements were approved by the
board of directors
and authorised for issue on
23 September 2026
, and are signed on behalf of the board by:
Company registration number:
10352243
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Notes to the Abridged Financial Statements |
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Year ended 31 December 2025
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is C/- Sable International, 5th Floor, 18 St. Swithin's Lane, London, EC4N 8AD, United Kingdom.
2.
Accounting policies
Basis of preparation
The abridged 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 abridged financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The financial statements have been prepared on a going concern basis. The company has net current liabilities at year end and is dependent on the shareholders for continued financial support. The shareholders have confirmed to the director their intention to continue to provide funding to enable the company to meet its liabilities as they fall due to foreseeable future.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
3.
Employee numbers
The average number of persons employed by the company during the year amounted to
15
(2024:
99
).
4.
Related party transactions
The Company was under the control of Janou Pakter LLC during the current financial year. Janou Pakter LLC is the sole shareholder. Balances owing to related parties by JBCConnect Ltd as at the reporting date were as follows: Janou Pakter LLC: £1,882,845 (2024: £815,557) Balances owing from related parties to JBCConnect Ltd as at the reporting date were as follows: WorkGenius GmbH: £657,846 (2024: £676,829)