JBR Solutions Limited - Period Ending 2017-10-31

Registration number: 05262938

JBR Solutions Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 October 2017

Grenfell James Associates Limited
13 The Courtyard
Timothys Bridge Road
Stratford-Upon-Avon
Warwickshire
CV37 9NP

JBR Solutions Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Financial Statements	3 to 6

JBR Solutions Limited

Company Information

Director

Mr Jean-brice Claude Louis Raybaud

Company secretary

Mrs Linda Raybaud

Registered office

155 Cheltenham Road Evesham Worcestershire WR11 2LF

Registered number

05262938

Accountants

Grenfell James Associates Limited 13 The Courtyard Timothys Bridge Road Stratford-Upon-Avon Warwickshire CV37 9NP

Page 1

JBR Solutions Limited

(Registration number: 05262938)
Balance Sheet as at 31 October 2017

	Note	2017 £	2016 £
Current assets
Debtors	5	11,018	-
Cash at bank and in hand		68,130	64,339
		79,148	64,339
Creditors: Amounts falling due within one year	6	(28,422)	(41,995)
Net assets		50,726	22,344
Capital and reserves
Called up share capital		1	1
Profit and loss account		50,725	22,343
Total equity		50,726	22,344

For the financial year ending 31 October 2017 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 accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 20 July 2018
 

.........................................

Mr Jean-brice Claude Louis Raybaud

Director

The notes on pages 3 to 6 form an integral part of these financial statements.

Page 2

JBR Solutions Limited

Notes to the Financial Statements for the Year Ended 31 October 2017

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The company's registered number and registered office address can be found on the Company Information page.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant & Machinery	25% reducing balance

Page 3

JBR Solutions Limited

Notes to the Financial Statements for the Year Ended 31 October 2017

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2016 - 1).

Page 4

JBR Solutions Limited

Notes to the Financial Statements for the Year Ended 31 October 2017

4	Tangible assets

	Office equipment £	Total £
Cost or valuation
At 1 November 2016	650	650
At 31 October 2017	650	650
Depreciation
At 1 November 2016	650	650
At 31 October 2017	650	650
Carrying amount
At 31 October 2017	-	-

5

Debtors

	2017 £	2016 £
Trade debtors	11,018	-
	11,018	-

6

Creditors

Creditors: amounts falling due within one year

	2017 £	2016 £
Due within one year
Taxation and social security	25,630	21,482
Accruals and deferred income	900	900
Other creditors	1,892	19,613
	28,422	41,995

7	Related party transactions

Directors' remuneration

The director's remuneration for the year was as follows:

Page 5

JBR Solutions Limited

Notes to the Financial Statements for the Year Ended 31 October 2017

	2017 £	2016 £
Remuneration	8,112	8,899

Page 6