REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 5 January 2025 |
for |
W & H Jackson Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 5 January 2025 |
for |
W & H Jackson Limited |
W & H Jackson Limited (Registered number: 00557932) |
Contents of the Financial Statements |
for the Year Ended 5 January 2025 |
Page |
Company Information | 1 |
Chartered Accountants' Report | 2 |
Balance Sheet | 3 |
Notes to the Financial Statements | 4 |
W & H Jackson Limited |
Company Information |
for the Year Ended 5 January 2025 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants & Business Advisers |
Office 1 |
Engine House |
Marshalls Yard |
Gainsborough |
Lincolnshire |
DN21 2NA |
Chartered Accountants' Report to the Board of Directors |
on the Unaudited Financial Statements of |
W & H Jackson Limited |
The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of W & H Jackson Limited for the year ended 5 January 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us. |
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
This report is made solely to the Board of Directors of W & H Jackson Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of W & H Jackson Limited and state those matters that we have agreed to state to the Board of Directors of W & H Jackson Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than W & H Jackson Limited and its Board of Directors, as a body, for our work or for this report. |
It is your duty to ensure that W & H Jackson Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of W & H Jackson Limited. You consider that W & H Jackson Limited is exempt from the statutory audit requirement for the year. |
We have not been instructed to carry out an audit or a review of the financial statements of W & H Jackson Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
Chartered Accountants & Business Advisers |
Office 1 |
Engine House |
Marshalls Yard |
Gainsborough |
Lincolnshire |
DN21 2NA |
W & H Jackson Limited (Registered number: 00557932) |
Balance Sheet |
5 January 2025 |
2025 | 2024 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 7 |
Retained earnings |
SHAREHOLDERS' FUNDS |
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 were approved by the Board of Directors and authorised for issue on |
W & H Jackson Limited (Registered number: 00557932) |
Notes to the Financial Statements |
for the Year Ended 5 January 2025 |
1. | STATUTORY INFORMATION |
W & H Jackson Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
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, 50% on cost, 10% on cost |
Plant and machinery | - 10% on reducing balance |
Fixtures and fittings | - Nil, 10% on reducing balance |
Motor vehicles | - 20% on reducing balance |
Computer equipment | - 33% on cost |
Valuation & stocks |
These are valued by a licenced valuer at the lower of cost or market value. |
Financial instruments |
Only basic financial instruments as defined in FRS102 are held. Financial assets and financial liabilities are recognised in the accounts only when the entity becomes party to the contractual provisions of the instrument and their measurement basis is as follows: |
Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. |
Cash at bank is classified as a basic financial instrument at transaction price. |
Financial liabilities - trade creditors, accruals and other creditors are basic financial instruments, and are measured at amortised cost. Where a financial liability constitutes a financing transaction it is initially and subsequently measured at the present value of future payment, discounted at a market rate of interest. |
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. |
Deferred taxation |
Provision is made at current rates for taxation deferred in respect of all material timing differences. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
W & H Jackson Limited (Registered number: 00557932) |
Notes to the Financial Statements - continued |
for the Year Ended 5 January 2025 |
4. | TANGIBLE FIXED ASSETS |
Fixtures |
Land and | Plant and | and |
Buildings | machinery | fittings |
£ | £ | £ |
COST |
At 6 January 2024 |
and 5 January 2025 |
DEPRECIATION |
At 6 January 2024 |
Charge for year |
At 5 January 2025 |
NET BOOK VALUE |
At 5 January 2025 |
At 5 January 2024 |
Motor | Computer |
vehicles | equipment | Totals |
£ | £ | £ |
COST |
At 6 January 2024 |
and 5 January 2025 |
DEPRECIATION |
At 6 January 2024 |
Charge for year |
At 5 January 2025 |
NET BOOK VALUE |
At 5 January 2025 |
At 5 January 2024 |
Included in cost of land and buildings is freehold land of £ 45,498 (2024 - £ 45,498 ) which is not depreciated. |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2025 | 2024 |
£ | £ |
Trade debtors |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2025 | 2024 |
£ | £ |
Trade creditors |
Taxation and social security |
Other creditors |
W & H Jackson Limited (Registered number: 00557932) |
Notes to the Financial Statements - continued |
for the Year Ended 5 January 2025 |
7. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2025 | 2024 |
value: | £ | £ |
Ordinary | £1 | 18,432 | 18,432 |
Preference | £1 | 1,612 | 1,612 |
Ordinary A | £1 | 384 | 384 |
Ordinary B | £1 | 384 | 384 |
20,812 | 20,812 |
Allotted and issued: |
Number: | Class: | Nominal | 2025 | 2024 |
value: | £ | £ |
Ordinary A voting shares | £1 | 384 | 384 |
Ordinary B voting shares | £1 | 384 | 384 |
768 | 768 |