IRIS Accounts Production v24.2.0.383 11329770 Board of Directors 1.5.23 30.4.24 30.4.24 false true false false true false Fair value model Ordinary A 1.00000 Ordinary B 1.00000 Ordinary C 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh113297702023-04-30113297702024-04-30113297702023-05-012024-04-30113297702022-04-30113297702022-05-012023-04-30113297702023-04-3011329770ns15:EnglandWales2023-05-012024-04-3011329770ns14:PoundSterling2023-05-012024-04-3011329770ns10:Director12023-05-012024-04-3011329770ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3011329770ns10:SmallEntities2023-05-012024-04-3011329770ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3011329770ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3011329770ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3011329770ns10:FullAccounts2023-05-012024-04-3011329770ns10:OrdinaryShareClass12023-05-012024-04-3011329770ns10:OrdinaryShareClass22023-05-012024-04-3011329770ns10:OrdinaryShareClass32023-05-012024-04-3011329770ns10:Director22023-05-012024-04-3011329770ns10:RegisteredOffice2023-05-012024-04-3011329770ns5:CurrentFinancialInstruments2024-04-3011329770ns5:CurrentFinancialInstruments2023-04-3011329770ns5:Non-currentFinancialInstruments2024-04-3011329770ns5:Non-currentFinancialInstruments2023-04-3011329770ns5:ShareCapital2024-04-3011329770ns5:ShareCapital2023-04-3011329770ns5:RevaluationReserve2024-04-3011329770ns5:RevaluationReserve2023-04-3011329770ns5:RetainedEarningsAccumulatedLosses2024-04-3011329770ns5:RetainedEarningsAccumulatedLosses2023-04-3011329770ns5:LandBuildingsns5:OwnedOrFreeholdAssets2023-05-012024-04-3011329770ns5:ComputerEquipment2023-05-012024-04-3011329770ns5:LandBuildings2023-04-3011329770ns5:ComputerEquipment2023-04-3011329770ns5:LandBuildings2023-05-012024-04-3011329770ns5:LandBuildings2024-04-3011329770ns5:ComputerEquipment2024-04-3011329770ns5:LandBuildings2023-04-3011329770ns5:ComputerEquipment2023-04-3011329770ns5:CostValuation2023-04-3011329770ns10:OrdinaryShareClass12024-04-3011329770ns10:OrdinaryShareClass22024-04-3011329770ns10:OrdinaryShareClass32024-04-3011329770ns5:RevaluationReserve2023-04-30
REGISTERED NUMBER: 11329770 (England and Wales)















D&S JOHNSON & SONS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024






D&S JOHNSON & SONS LTD (REGISTERED NUMBER: 11329770)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Statement of Financial Position 2 to 3

Notes to the Financial Statements 4 to 6


D&S JOHNSON & SONS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: Mrs S E Johnson
D Johnson



REGISTERED OFFICE: 3 Castlegate
Grantham
Lincolnshire
NG31 6SF



REGISTERED NUMBER: 11329770 (England and Wales)



ACCOUNTANTS: Duncan & Toplis Limited
3 Castlegate
Grantham
Lincolnshire
NG31 6SF



BANKERS: HSBC Bank Plc
26 Market Place
Sleaford
Lincolnshire
NG34 7SB

D&S JOHNSON & SONS LTD (REGISTERED NUMBER: 11329770)

STATEMENT OF FINANCIAL POSITION
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 174,546 174,845
Investments 5 25,000 25,000
Investment property 6 278,175 278,175
477,721 478,020

CURRENT ASSETS
Debtors 7 956 878
Cash at bank 1,534 2,928
2,490 3,806
CREDITORS
Amounts falling due within one year 8 6,838 7,593
NET CURRENT LIABILITIES (4,348 ) (3,787 )
TOTAL ASSETS LESS CURRENT LIABILITIES 473,373 474,233

CREDITORS
Amounts falling due after more than one year 9 (378,630 ) (397,880 )

PROVISIONS FOR LIABILITIES (4,123 ) (4,123 )
NET ASSETS 90,620 72,230

CAPITAL AND RESERVES
Called up share capital 10 3 3
Fair value reserve 11 12,368 12,368
Retained earnings 78,249 59,859
SHAREHOLDERS' FUNDS 90,620 72,230

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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.

D&S JOHNSON & SONS LTD (REGISTERED NUMBER: 11329770)

STATEMENT OF FINANCIAL POSITION - continued
30 APRIL 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 September 2024 and were signed on its behalf by:





Mrs S E Johnson - Director


D&S JOHNSON & SONS LTD (REGISTERED NUMBER: 11329770)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

D&S Johnson & Sons Ltd 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 as modified by the revaluation of certain assets.

Turnover
Turnover comprises the fair value of rents received from the company's properties, and is recognised in the period to which it relates.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - Nil
Computer equipment - 33% on cost

Tangible fixed assets are held at cost less accumulated depreciation.

Investment property
Investment properties are shown at the most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 year 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.

Investments
Fixed asset investments comprises the company's share in a property joint venture. The investment is recognised at cost less any impairment losses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

D&S JOHNSON & SONS LTD (REGISTERED NUMBER: 11329770)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

4. TANGIBLE FIXED ASSETS
Freehold Computer
property equipment Totals
£    £    £   
COST
At 1 May 2023
and 30 April 2024 174,545 898 175,443
DEPRECIATION
At 1 May 2023 - 598 598
Charge for year - 299 299
At 30 April 2024 - 897 897
NET BOOK VALUE
At 30 April 2024 174,545 1 174,546
At 30 April 2023 174,545 300 174,845

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 May 2023
and 30 April 2024 25,000
NET BOOK VALUE
At 30 April 2024 25,000
At 30 April 2023 25,000

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023
and 30 April 2024 278,175
NET BOOK VALUE
At 30 April 2024 278,175
At 30 April 2023 278,175

The investment properties were valued by the directors as at 30 April 2024 based on an open market valuation with consideration of the fair values of recent, comparable property sales in the local area.

Fair value at 30 April 2024 is represented by:
£   
Valuation in 2024 16,491
Cost 261,684
278,175

D&S JOHNSON & SONS LTD (REGISTERED NUMBER: 11329770)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Prepayments and accrued income 956 878

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation 4,383 5,468
Accruals and deferred income 2,455 2,125
6,838 7,593

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Directors' loan accounts 378,630 397,880

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary A 1 1 1
1 Ordinary B 1 1 1
1 Ordinary C 1 1 1
3 3

11. RESERVES
Fair
value
reserve
£   
At 1 May 2023
and 30 April 2024 12,368

The aggregate surplus on re-measurement of investment properties, net of associated deferred tax, is transferred to a separate non-distributable fair value reserve in order to assist with the identification of profits available for distribution.