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REGISTERED NUMBER: 01434335 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

TREFOR JONES (RUTHIN) LIMITED

TREFOR JONES (RUTHIN) LIMITED (REGISTERED NUMBER: 01434335)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TREFOR JONES (RUTHIN) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: W T Jones
Mrs H E Cale





SECRETARIES: W T Jones
Mrs H E Cale





REGISTERED OFFICE: 10 Mostyn Street
Llandudno
LL30 2PS





REGISTERED NUMBER: 01434335 (England and Wales)





ACCOUNTANT: sianroberts
Chartered Accountant
10 Mostyn Street
Llandudno
Conwy
LL30 2PS

TREFOR JONES (RUTHIN) LIMITED (REGISTERED NUMBER: 01434335)

BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 196,189 202,084
Investments 5 89,101 86,469
285,290 288,553

CURRENT ASSETS
Stocks 250,436 229,603
Debtors 6 - 1,167
Cash at bank and in hand 230,432 292,620
480,868 523,390
CREDITORS
Amounts falling due within one year 7 354,569 324,490
NET CURRENT ASSETS 126,299 198,900
TOTAL ASSETS LESS CURRENT
LIABILITIES

411,589

487,453

PROVISIONS FOR LIABILITIES 5,800 5,559
NET ASSETS 405,789 481,894

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings 405,687 481,792
SHAREHOLDERS' FUNDS 405,789 481,894

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

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

TREFOR JONES (RUTHIN) LIMITED (REGISTERED NUMBER: 01434335)

BALANCE SHEET - continued
31 JANUARY 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 29 October 2024 and were signed on its behalf by:





W T Jones - Director


TREFOR JONES (RUTHIN) LIMITED (REGISTERED NUMBER: 01434335)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

Trefor Jones (Ruthin) 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 represents net invoiced sales of goods together with hire charges for goods: excluding value added tax.


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 - 2% on cost of freehold buildings
Short leasehold - 4% on cost
Clothes for hire - 10% on cost
Fixtures and fittings - 15% on cost
Motor vehicles - 25% on cost

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

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 balance sheet date.

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.

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.

Assets held by the company for use in operating leases are recorded as fixed assets and depreciated over their useful lives. The rental income is recognised on a straight line basis over the period of the lease.

TREFOR JONES (RUTHIN) LIMITED (REGISTERED NUMBER: 01434335)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

2. ACCOUNTING POLICIES - continued

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.

Also the company makes employer contributions to personal pension plans of certain employees. Contributions payable for the year are charged in the profit and loss account.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Freehold Short Clothes
property leasehold for hire
£    £    £   
COST
At 1 February 2023 278,673 7,811 188,592
Additions - - 16,954
Disposals - - (114,839 )
At 31 January 2024 278,673 7,811 90,707
DEPRECIATION
At 1 February 2023 132,298 7,810 154,412
Charge for year 5,574 - 9,271
Eliminated on disposal - - (114,110 )
At 31 January 2024 137,872 7,810 49,573
NET BOOK VALUE
At 31 January 2024 140,801 1 41,134
At 31 January 2023 146,375 1 34,180

TREFOR JONES (RUTHIN) LIMITED (REGISTERED NUMBER: 01434335)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

4. TANGIBLE FIXED ASSETS - continued

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 February 2023 45,536 28,410 2,950 551,972
Additions - - - 16,954
Disposals - - - (114,839 )
At 31 January 2024 45,536 28,410 2,950 454,087
DEPRECIATION
At 1 February 2023 45,120 7,304 2,944 349,888
Charge for year 240 7,035 - 22,120
Eliminated on disposal - - - (114,110 )
At 31 January 2024 45,360 14,339 2,944 257,898
NET BOOK VALUE
At 31 January 2024 176 14,071 6 196,189
At 31 January 2023 416 21,106 6 202,084

The value of the land, which is a non-depreciable asset, which is included in the figure for the freehold property, is not known.


5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 February 2023 86,469
Additions 2,632
At 31 January 2024 89,101
NET BOOK VALUE
At 31 January 2024 89,101
At 31 January 2023 86,469

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors - 1,167

TREFOR JONES (RUTHIN) LIMITED (REGISTERED NUMBER: 01434335)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 16,052 21,822
Taxation and social security 33,602 50,935
Other creditors 304,915 251,733
354,569 324,490

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

W T Jones, director, occupies the flat above the shop at 12 Clwyd Street, Ruthin, rent free.