Company Registration No. SC294041 (Scotland)
J B B ESTATES LIMITED
Unaudited accounts
for the year ended 31 December 2019
J B B ESTATES LIMITED
Unaudited accounts
Contents
J B B ESTATES LIMITED
Company Information
for the year ended 31 December 2019
Director
James Baxter Bryce
Company Number
SC294041 (Scotland)
Registered Office
FIVE SISTERS BUSINESS PARK
WESTWOOD
WEST CALDER
WEST LOTHIAN
EH55 8PN
Accountants
Sigma Accounts
Stonerigg Works
Upper Bathville
Armadale
West Lothian
EH48 3JX
J B B ESTATES LIMITED
Statement of financial position
as at 31 December 2019
Tangible assets
425,000
425,000
Cash at bank and in hand
3,572
7,855
Creditors: amounts falling due within one year
(179,038)
(168,531)
Net current liabilities
(174,745)
(160,676)
Total assets less current liabilities
250,255
264,324
Creditors: amounts falling due after more than one year
(270,000)
(310,000)
Net liabilities
(19,745)
(45,676)
Called up share capital
600
600
Revaluation reserve
(175,000)
(175,000)
Profit and loss account
154,655
128,724
Shareholders' funds
(19,745)
(45,676)
For the year ending 31 December 2019 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 June 2020 and were signed on its behalf by
James Baxter Bryce
Director
Company Registration No. SC294041
J B B ESTATES LIMITED
Notes to the Accounts
for the year ended 31 December 2019
J B B ESTATES LIMITED is a private company, limited by shares, registered in Scotland, registration number SC294041. The registered office is FIVE SISTERS BUSINESS PARK, WESTWOOD, WEST CALDER, WEST LOTHIAN, EH55 8PN.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
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Tangible fixed assets
Land & buildings
At 31 December 2019
425,000
At 31 December 2019
425,000
At 31 December 2018
425,000
J B B ESTATES LIMITED
Notes to the Accounts
for the year ended 31 December 2019
6
Creditors: amounts falling due within one year
2019
2018
Other creditors
39,249
40,449
Loans from directors
139,789
128,082
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Creditors: amounts falling due after more than one year
2019
2018
Bank loans
270,000
310,000
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Average number of employees
During the year the average number of employees was 0 (2018: 0).