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REGISTERED NUMBER: 09413593 (England and Wales)





















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 DECEMBER 2021 TO 29 NOVEMBER 2022

FOR

C JONES & SONS LIMITED

C JONES & SONS LIMITED (REGISTERED NUMBER: 09413593)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 DECEMBER 2021 TO 29 NOVEMBER 2022










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


C JONES & SONS LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 DECEMBER 2021 TO 29 NOVEMBER 2022







DIRECTORS: Mr J C Jones
Mr C L Jones





REGISTERED OFFICE: Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES





REGISTERED NUMBER: 09413593 (England and Wales)





ACCOUNTANTS: Acuity Professional Partnership LLP
Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES

C JONES & SONS LIMITED (REGISTERED NUMBER: 09413593)

STATEMENT OF FINANCIAL POSITION
29 NOVEMBER 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 3,289 4,386
Tangible assets 5 24,593 32,791
27,882 37,177

CURRENT ASSETS
Stocks 21,040 41,125
Debtors 6 56,764 30,851
Cash at bank 2,808 35,830
80,612 107,806
CREDITORS
Amounts falling due within one year 7 83,460 108,819
NET CURRENT LIABILITIES (2,848 ) (1,013 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

25,034

36,164

CREDITORS
Amounts falling due after more than one
year

8

-

(4,146

)

PROVISIONS FOR LIABILITIES 9 (4,673 ) (6,230 )
NET ASSETS 20,361 25,788

CAPITAL AND RESERVES
Called up share capital 10 200 200
Retained earnings 20,161 25,588
SHAREHOLDERS' FUNDS 20,361 25,788

C JONES & SONS LIMITED (REGISTERED NUMBER: 09413593)

STATEMENT OF FINANCIAL POSITION - continued
29 NOVEMBER 2022


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 November 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 November 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 November 2023 and were signed on its behalf by:





Mr C L Jones - Director


C JONES & SONS LIMITED (REGISTERED NUMBER: 09413593)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 DECEMBER 2021 TO 29 NOVEMBER 2022


1. STATUTORY INFORMATION

C Jones & Sons Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

GOODWILL
Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of ten years.

INTANGIBLE ASSETS
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance

STOCKS
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

TAXATION
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.


C JONES & SONS LIMITED (REGISTERED NUMBER: 09413593)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 DECEMBER 2021 TO 29 NOVEMBER 2022


2. ACCOUNTING POLICIES - continued
DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 6 (2021 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
Cost
At 1 December 2021
and 29 November 2022 10,964
Amortisation
At 1 December 2021 6,578
Amortisation for period 1,097
At 29 November 2022 7,675
Net book value
At 29 November 2022 3,289
At 30 November 2021 4,386

C JONES & SONS LIMITED (REGISTERED NUMBER: 09413593)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 DECEMBER 2021 TO 29 NOVEMBER 2022


5. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
Cost
At 1 December 2021
and 29 November 2022 31,611 68,208 99,819
Depreciation
At 1 December 2021 23,095 43,933 67,028
Charge for period 2,129 6,069 8,198
At 29 November 2022 25,224 50,002 75,226
Net book value
At 29 November 2022 6,387 18,206 24,593
At 30 November 2021 8,516 24,275 32,791

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 36,095 2,904
Other debtors 5,067 21,905
Tax 7,804 5,790
VAT 7,687 -
Prepayments and accrued income 111 252
56,764 30,851

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Hire purchase contracts 4,146 7,108
Trade creditors 8,411 10,160
Tax 28,140 30,596
Social security and other taxes 535 19
VAT - 9,866
Other creditors 92 92
Net wages control 3,302 3,467
Directors' current accounts 27,268 46,098
Accruals and deferred income 11,566 1,413
83,460 108,819

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2022 2021
£    £   
Hire purchase contracts - 4,146

C JONES & SONS LIMITED (REGISTERED NUMBER: 09413593)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 DECEMBER 2021 TO 29 NOVEMBER 2022


9. PROVISIONS FOR LIABILITIES
2022 2021
£    £   
Deferred tax 4,673 6,230

Deferred
tax
£   
Balance at 1 December 2021 6,230
Provided during period (1,557 )
Balance at 29 November 2022 4,673

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
52 Ordinary £1 52 52
48 Ordinary A £1 48 48
100 Ordinary B - D £1 100 100
200 200