Company Registration No. SC294041 (Scotland)
J B B Estates Limited
Unaudited accounts
for the year ended 31 December 2017
J B B Estates Limited
Unaudited accounts
Contents
J B B Estates Limited
Company Information
for the year ended 31 December 2017
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 2017
Tangible assets
795,000
795,000
Cash at bank and in hand
2,762
2,097
Creditors: amounts falling due within one year
(148,531)
(134,325)
Net current liabilities
(145,769)
(132,228)
Total assets less current liabilities
649,231
662,772
Creditors: amounts falling due after more than one year
(360,000)
(384,000)
Net assets
289,231
278,772
Called up share capital
600
600
Revaluation reserve
195,000
195,000
Capital redemption reserve
64,415
64,415
Profit and loss account
29,216
18,757
Shareholders' funds
289,231
278,772
For the year ending 31 December 2017 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.
Approved by the Board on 23 February 2018.
James Baxter Bryce
Director
Company Registration No. SC294041
J B B Estates Limited
Notes to the Accounts
for the year ended 31 December 2017
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.
2
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:
4
Tangible fixed assets
Land & buildings
At 31 December 2017
795,000
At 31 December 2017
795,000
At 31 December 2016
795,000
5
Creditors: amounts falling due within one year
2017
2016
Other creditors
20,449
8,643
Loans from directors
128,082
125,682
J B B Estates Limited
Notes to the Accounts
for the year ended 31 December 2017
6
Creditors: amounts falling due after more than one year
2017
2016
Bank loans
360,000
384,000
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Average number of employees
During the year the average number of employees was 0 (2016: 0).
