ACCOUNTS - Final Accounts

Registered number: 08920470

JB VIDEO LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026


JB VIDEO LIMITED

CONTENTS

	Page
Statement of Financial Position	1 - 2
Notes to the Financial Statements	3 - 7


JB VIDEO LIMITED REGISTERED NUMBER:08920470

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2026

		2026		2025
Note		£		£

Fixed assets
Tangible assets	5		67,751		74,498
Current assets
Debtors: amounts falling due within one year	6	6,310		11,557
Cash at bank and in hand		9,498		80,025
		15,808		91,582
Creditors: amounts falling due within one year	7	(4,229)		(34,569)
Net current assets			11,579		57,013
Total assets less current liabilities			79,330		131,511
Provisions for liabilities
Deferred tax	8		(16,706)		(18,342)
Net assets			62,624		113,169

Capital and reserves
Called up share capital	9	100	100
Profit and loss account		62,524	113,069
		62,624	113,169

Page 1


JB VIDEO LIMITED REGISTERED NUMBER:08920470

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MARCH 2026

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

J Bowman

Director

Date: 22 September 2026

The notes on pages 3 to 7 form part of these financial statements.

Page 2


JB VIDEO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

1.	General information

JB Video Limited is a limited liability company incorporated in England and Wales with it's registered office at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, WD6 1JD.

The principal activity of the company was that of video operator and video equipment rental in the media
industry.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:

2.2

Turnover

Turnover comprises revenue recognised by the company in respect of goods and services supplied
during the year, exclusive of Value Added Tax and trade discounts.

2.3

Intangible assets

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value
of the identifiable assets and liabilities. It is amortised to the Profit and Loss Account over its
estimated economic life.

2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is provided on the following basis:

Office equipment

25%

reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of Comprehensive Income.

2.5

Debtors

Short term debtors are measured at transaction price, less any impairment.

Page 3


JB VIDEO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

2.Accounting policies (continued)

2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty.

2.7

Creditors

Short term creditors are measured at the transaction price.

2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2.9

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

2.10

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Employees

The average monthly number of employees, including directors, during the year was 1 (2025 - 1).

Page 4


JB VIDEO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

4.	Intangible assets

		Goodwill
		£
	Cost
	At 1 April 2025	10,000
	At 31 March 2026	10,000
	Amortisation
	At 1 April 2025	10,000
	At 31 March 2026	10,000
	Net book value
	At 31 March 2026	-
	At 31 March 2025	-

5.	Tangible fixed assets

		Office equipment
		£
	Cost or valuation
	At 1 April 2025	289,659
	Additions	15,837
	At 31 March 2026	305,496
	Depreciation
	At 1 April 2025	215,161
	Charge for the year on owned assets	22,584
	At 31 March 2026	237,745
	Net book value
	At 31 March 2026	67,751
	At 31 March 2025	74,498

Page 5


JB VIDEO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Debtors

					2026	2025
					£	£


Trade debtors	2,528	11,117
Other debtors	3,782	-
Prepayments and accrued income	-	440
	6,310	11,557

7.	Creditors: Amounts falling due within one year
		2026	2025
		£	£

Trade creditors	-	1,359
Taxation and social security	957	29,723
Other creditors	564	967
Accruals and deferred income	2,708	2,520
	4,229	34,569

8.	Deferred taxation

		2026
		£

	At beginning of year	(18,342)
	Charged to profit or loss	1,636
	At end of year	(16,706)

The provision for deferred taxation is made up as follows:
	2026	2025
	£	£

Accelerated capital allowances

(16,706)

(18,342)

Page 6


JB VIDEO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

9.	Share capital
		2026	2025
		£	£

Allotted, called up and fully paid

100 ordinary shares of £1 each	100	100

10.	Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £12,072 (2025- £12,072).

Page 7