1 March 2023 false No description of principal activity Taxfiler 2024.6 07144584business:PrivateLimitedCompanyLtd2023-03-012024-02-29 071445842023-02-28 071445842023-03-012024-02-29 07144584business:AuditExemptWithAccountantsReport2023-03-012024-02-29 07144584business:FilletedAccounts2023-03-012024-02-29 071445842024-02-29 07144584business:Director12023-03-012024-02-29 07144584business:Director22023-03-012024-02-29 07144584business:Director32023-03-012024-02-29 07144584business:Director42023-03-012024-02-29 07144584business:CompanySecretary12023-03-012024-02-29 07144584business:RegisteredOffice2023-03-012024-02-29 071445842023-02-28 07144584core:WithinOneYear2024-02-29 07144584core:WithinOneYear2023-02-28 07144584core:AfterOneYear2024-02-29 07144584core:AfterOneYear2023-02-28 07144584core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 07144584core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 07144584core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 07144584core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 07144584core:PreviouslyStatedAmount2024-02-29 07144584core:PreviouslyStatedAmount2023-02-28 07144584business:SmallEntities2023-03-012024-02-29 07144584countries:EnglandWales2023-03-012024-02-29 07144584core:LandBuildings2023-03-012024-02-29 07144584core:MotorVehicles2023-03-012024-02-29 07144584core:FurnitureFittings2023-03-012024-02-29 07144584core:ComputerEquipment2023-03-012024-02-29 07144584core:Goodwill2023-02-28 07144584core:Goodwill2024-02-29 07144584core:LandBuildings2023-02-28 07144584core:MotorVehicles2023-02-28 07144584core:FurnitureFittings2023-02-28 07144584core:ComputerEquipment2023-02-28 07144584core:LandBuildings2024-02-29 07144584core:MotorVehicles2024-02-29 07144584core:FurnitureFittings2024-02-29 07144584core:ComputerEquipment2024-02-29 071445842022-03-012023-02-28 iso4217:GBP xbrli:pure
Company Registration No. 07144584 (England and Wales)
James Anthony Workwear Limited Unaudited accounts for the year ended 29 February 2024
James Anthony Workwear Limited Unaudited accounts Contents
Page
- 2 -
James Anthony Workwear Limited Company Information for the year ended 29 February 2024
Directors
James Anthony Hewson John James Hewson Lauren Jayne Hewson Victoria Hewson
Secretary
John James Hewson
Company Number
07144584 (England and Wales)
Registered Office
Unit 1 Chainbridge Road Tundry Way Blaydon-on-Tyne Tyne and Wear NE21 5SJ England
Accountants
Tyne Valley Accountants LLP 2 Geordie Ridley Place Upper Precinct Wesley Court Blaydon on Tyne NE21 5BT
- 3 -
James Anthony Workwear Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
518,366 
428,145 
Current assets
Inventories
68,250 
68,250 
Debtors
124,859 
126,209 
Cash at bank and in hand
328,207 
316,359 
521,316 
510,818 
Creditors: amounts falling due within one year
(345,816)
(352,049)
Net current assets
175,500 
158,769 
Total assets less current liabilities
693,866 
586,914 
Creditors: amounts falling due after more than one year
7,586 
(22,138)
Provisions for liabilities
Deferred tax
(5,301)
(2,227)
Net assets
696,151 
562,549 
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
696,147 
562,545 
Shareholders' funds
696,151 
562,549 
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 26 November 2024 and were signed on its behalf by
James Anthony Hewson Director Company Registration No. 07144584
- 4 -
James Anthony Workwear Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
James Anthony Workwear Limited is a private company, limited by shares, registered in England and Wales, registration number 07144584. The registered office is Unit 1 Chainbridge Road, Tundry Way, Blaydon-on-Tyne, Tyne and Wear, NE21 5SJ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Not depreciated
Motor vehicles
20% Straightline
Fixtures & fittings
20% Straightline
Computer equipment
20% Straightline
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
- 5 -
James Anthony Workwear Limited Notes to the Accounts for the year ended 29 February 2024
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 March 2023
50,000 
At 29 February 2024
50,000 
Amortisation
At 1 March 2023
50,000 
At 29 February 2024
50,000 
Net book value
At 29 February 2024
- 
5
Tangible fixed assets
Land & buildings 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 March 2023
419,283 
44,013 
15,551 
- 
478,847 
Additions
71,275 
34,022 
- 
458 
105,755 
At 29 February 2024
490,558 
78,035 
15,551 
458 
584,602 
Depreciation
At 1 March 2023
- 
38,504 
12,198 
- 
50,702 
Charge for the year
- 
12,314 
3,110 
110 
15,534 
At 29 February 2024
- 
50,818 
15,308 
110 
66,236 
Net book value
At 29 February 2024
490,558 
27,217 
243 
348 
518,366 
At 28 February 2023
419,283 
5,509 
3,353 
- 
428,145 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
123,952 
124,943 
Accrued income and prepayments
907 
1,266 
124,859 
126,209 
- 6 -
James Anthony Workwear Limited Notes to the Accounts for the year ended 29 February 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
44,348 
44,348 
VAT
26,554 
26,187 
Obligations under finance leases and hire purchase contracts
- 
3,890 
Trade creditors
120,524 
134,118 
Taxes and social security
78,046 
54,358 
Other creditors
4,475 
2,428 
Loans from directors
60,054 
71,476 
Accruals
11,815 
15,244 
345,816 
352,049 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
242,414 
272,138 
Loans from directors
(250,000)
(250,000)
(7,586)
22,138 
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 7 -