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REGISTERED NUMBER: 04380852 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

R. Jenkins & Sons Limited

R. Jenkins & Sons Limited (Registered number: 04380852)

Contents of the Financial Statements
for the year ended 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


R. Jenkins & Sons Limited

Company Information
for the year ended 31 March 2024







Directors: M R Jenkins
Mrs B Jenkins





Registered office: Hilltop
Boatside
Hay-on-Wye
Herefordshire
HR3 5RS





Registered number: 04380852 (England and Wales)





Accountants: Acre Accountancy Limited
Unit 2 Foley Works
Foley Industrial Estate
Hereford
Herefordshire
HR1 2SF

R. Jenkins & Sons Limited (Registered number: 04380852)

Balance Sheet
31 March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 5 1,968,153 1,821,173

CURRENT ASSETS
Debtors 6 261,343 346,716
Cash at bank 878,601 880,177
1,139,944 1,226,893
CREDITORS
Amounts falling due within one year 7 (369,535 ) (451,411 )
NET CURRENT ASSETS 770,409 775,482
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,738,562

2,596,655

CREDITORS
Amounts falling due after more than one
year

8

-

(5,833

)

PROVISIONS FOR LIABILITIES (215,844 ) (177,927 )
NET ASSETS 2,522,718 2,412,895

CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Retained earnings 2,521,718 2,411,895
2,522,718 2,412,895

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

R. Jenkins & Sons Limited (Registered number: 04380852)

Balance Sheet - continued
31 March 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 Profit and Loss Account has not been delivered.

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





M R Jenkins - Director


R. Jenkins & Sons Limited (Registered number: 04380852)

Notes to the Financial Statements
for the year ended 31 March 2024


1. STATUTORY INFORMATION

R. Jenkins & 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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 has been fully amortised in the current year.

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 - 15% on reducing balance
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 15% on reducing balance
Computer equipment - 33% on reducing balance

Investment property
Investment property is shown at 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 Profit and Loss Account, 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 balance sheet date.


R. Jenkins & Sons Limited (Registered number: 04380852)

Notes to the Financial Statements - continued
for the year ended 31 March 2024


3. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2023 - 12 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
Cost
At 1 April 2023 1,031,268 1,087,385 61,587
Additions - 367,172 -
Disposals - (258,819 ) (22,732 )
At 31 March 2024 1,031,268 1,195,738 38,855
Depreciation
At 1 April 2023 - 549,507 42,450
Charge for year - 125,479 1,570
Eliminated on disposal - (102,182 ) (19,289 )
At 31 March 2024 - 572,804 24,731
Net book value
At 31 March 2024 1,031,268 622,934 14,124
At 31 March 2023 1,031,268 537,878 19,137

R. Jenkins & Sons Limited (Registered number: 04380852)

Notes to the Financial Statements - continued
for the year ended 31 March 2024


5. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
Cost
At 1 April 2023 391,538 19,030 2,590,808
Additions 121,275 - 488,447
Disposals (54,487 ) (8,416 ) (344,454 )
At 31 March 2024 458,326 10,614 2,734,801
Depreciation
At 1 April 2023 163,359 14,319 769,635
Charge for year 52,419 1,376 180,844
Eliminated on disposal (54,487 ) (7,873 ) (183,831 )
At 31 March 2024 161,291 7,822 766,648
Net book value
At 31 March 2024 297,035 2,792 1,968,153
At 31 March 2023 228,179 4,711 1,821,173

6. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 159,921 252,453
Other debtors 80,651 94,263
240,572 346,716

Amounts falling due after more than one year:
Other debtors 20,771 -

Aggregate amounts 261,343 346,716

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 5,833 10,000
Trade creditors 51,752 13,743
Taxation and social security 125,434 206,364
Other creditors 186,516 221,304
369,535 451,411

R. Jenkins & Sons Limited (Registered number: 04380852)

Notes to the Financial Statements - continued
for the year ended 31 March 2024


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts - 5,833

9. CALLED UP SHARE CAPITAL

Allotted and issued: Class: Nominal
Number: value: £

997 Ordinary shares £1 997
1 Ordinary A shares £1 1
1 Ordinary B shares £1 1
1 Ordinary C shares £1 1
1,000



10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
M R Jenkins
Balance outstanding at start of year 42,251 12,614
Amounts advanced 57,950 67,999
Amounts repaid (27,362 ) (38,362 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 72,839 42,251

Mrs B Jenkins
Balance outstanding at start of year 19,760 -
Amounts advanced 25,029 32,571
Amounts repaid (4,000 ) (12,811 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 40,789 19,760