| Jo-Bi Martial Arts Limited |
Registered number |
| Balance Sheet |
06440300 |
| as at 28 February 2026 |
|
|
| Notes |
|
|
2026 |
|
|
2025 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
1,037 |
|
|
1,382 |
|
| Current assets |
| Stocks |
|
|
13,998 |
|
|
15,160 |
| Debtors |
3 |
|
13,952 |
|
|
14,749 |
| Cash at bank and in hand |
|
|
1,398 |
|
|
1,585 |
|
|
|
29,348 |
|
|
31,494 |
|
| Creditors: amounts falling due within one year |
4 |
|
(21,370) |
|
|
(22,611) |
|
| Net current assets |
|
|
|
7,978 |
|
|
8,883 |
|
| Total assets less current liabilities |
|
|
|
9,015 |
|
|
10,265 |
|
| Creditors: amounts falling due after more than one year |
5 |
|
|
(7,697) |
|
|
(9,829) |
|
| Net assets |
|
|
|
1,318 |
|
|
436 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
2 |
|
|
2 |
| Profit and loss account |
|
|
|
1,316 |
|
|
434 |
|
| Shareholders' funds |
|
|
|
1,318 |
|
|
436 |
|
|
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| A Birch |
| Director |
| Approved by the board on 26 October 2026 |
|
| Jo-Bi Martial Arts Limited |
| Notes to the Accounts |
| for the year ended 28 February 2026 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland, as applied to small entities by section 1A of the standard. |
|
|
Turnover |
|
Turnover represents the amount receivable by the company for goods and services supplied. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulated depreciation. Depreciation has been provided at the following rate to write off the cost over the assets' expected useful life: |
|
|
Equipment - |
25% p.a. on the reducing balance basis |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
|
| 2 |
Tangible fixed assets |
Equipment |
| £ |
|
Cost |
|
At 1 March 2025 |
6,078 |
|
At 28 February 2026 |
6,078 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 March 2025 |
4,696 |
|
Charge for the year |
345 |
|
At 28 February 2026 |
5,041 |
|
|
|
|
|
|
|
|
Net book value |
|
At 28 February 2026 |
1,037 |
|
At 28 February 2025 |
1,382 |
|
|
|
| 3 |
Debtors |
2026 |
|
2025 |
| £ |
£ |
|
|
Loans to director |
|
|
|
|
- |
|
3,929 |
|
Other debtors |
13,952 |
|
10,820 |
|
|
|
|
|
|
13,952 |
|
14,749 |
|
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due within one year |
2026 |
|
2025 |
| £ |
£ |
|
|
Bank loan and overdraft |
2,131 |
|
3,870 |
|
Corporation tax |
|
|
|
|
2,333 |
|
2,061 |
|
Other creditors |
16,906 |
|
16,680 |
|
|
|
|
|
|
21,370 |
|
22,611 |
|
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due after one year |
2026 |
|
2025 |
| £ |
£ |
|
|
Bank loan |
7,697 |
|
9,829 |
|
|
|
|
|
|
|
|
|
|
|
| 6 |
Bank loan |
2026 |
|
2025 |
| £ |
£ |
|
The bank loan includes: |
|
Instalments falling due after more than five years |
- |
|
974 |
|
|
|
|
|
|
|
|
|
|
The bank loan carries interest at the rate of 2.5% p.a. |
|
|
|
| 7 |
Loan to director |
| B/fwd |
Advanced |
Repaid |
C/fwd |
| £ |
£ |
£ |
£ |
|
A Birch |
|
Advances made |
3,929 |
|
- |
|
(3,929) |
|
- |
|
|
The loan was advanced on an interest-free basis. |
|
|
|
| 8 |
Employees |
2026 |
|
2025 |
| Number |
Number |
|
|
Average number of employees and company officers |
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
|
| 9 |
Financial commitments |
|
|
At 28 February 2026 the company was committed to future payments of rent and service charges of £23,840 (2025: £49,731) on its business premises, covering the period up to January 2027. |
|
|
|
| 10 |
Controlling parties |
|
|
At 28 February 2026 the company was controlled by Mrs A Birch and Mr D Birch, who between them owned the company's entire issued share capital. |
|
|
|
| 11 |
Other information |
|
|
Jo-Bi Martial Arts Limited is a private company limited by shares and incorporated in England. Its registered office is 1 Britten Close, Langdon Hills, Basildon, Essex SS16 6TB. |