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REGISTERED NUMBER: 00415715 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 30 November 2024

for

W. O. Jones (Printers), Limited

W. O. Jones (Printers), Limited (Registered number: 00415715)






Contents of the Financial Statements
for the year ended 30 November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

W. O. Jones (Printers), Limited

Company Information
for the year ended 30 November 2024







DIRECTORS: Mrs P Jones
M G Jones
Mrs T G Fitzpatrick





SECRETARY: Mrs T G Fitzpatrick





REGISTERED OFFICE: Foundry Printing Works
Industrial Estate Road
Llangefni
Anglesey
LL77 7JA





REGISTERED NUMBER: 00415715 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co Ltd
Chartered Accountants
19 Trinity Square
Llandudno
CONWY
LL30 2RD

W. O. Jones (Printers), Limited (Registered number: 00415715)

Balance Sheet
30 November 2024

2024 2023
Notes £ £
FIXED ASSETS
Tangible assets 4 440,052 461,791

CURRENT ASSETS
Stocks 6,000 6,000
Debtors 5 232,337 138,558
Cash at bank and in hand 638,556 560,321
876,893 704,879
CREDITORS
Amounts falling due within one year 6 (233,058 ) (201,666 )
NET CURRENT ASSETS 643,835 503,213
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,083,887

965,004

CREDITORS
Amounts falling due after more than one year 7 (20,411 ) (24,684 )

PROVISIONS FOR LIABILITIES (8,482 ) (10,240 )
NET ASSETS 1,054,994 930,080

CAPITAL AND RESERVES
Called up share capital 8 704 704
Retained earnings 9 1,054,290 929,376
SHAREHOLDERS' FUNDS 1,054,994 930,080

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

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

W. O. Jones (Printers), Limited (Registered number: 00415715)

Balance Sheet - continued
30 November 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 13 March 2025 and were signed on its behalf by:




M G Jones - Director



Mrs T G Fitzpatrick - Director


W. O. Jones (Printers), Limited (Registered number: 00415715)

Notes to the Financial Statements
for the year ended 30 November 2024

1. STATUTORY INFORMATION

W. O. Jones (Printers), 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

The policies adopted for the recognition of turnover are as follows:

Sale of goods

Turnover from the sales of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on dispatch of the goods.

Interest receivable

Interest income is recognised using the effective interest method.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation. Costs includes the original purchase price of the asset and the costs attributable to bringing the asset to its working condition for its intended use.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value of each asset on a systematic basis over its expected useful life as follows:

Land and buildings 33% on cost
Plant & machinery 20% reducing balance
Fixtures and fittings 20% reducing balance
Computer equipment 25% reducing balance
Motor vehicles 25% reducing balance

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.


W. O. Jones (Printers), Limited (Registered number: 00415715)

Notes to the Financial Statements - continued
for the year ended 30 November 2024

2. 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.

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.

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.

Share capital
Ordinary shares are classed as equity.

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded a transaction price. Any losses arising from impairment are recognised in the profit and loss account.

Cash and cash equivalents
Cash and cash equivalents includes cash in hand, cash held with banks and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 8 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£ £ £
COST
At 1 December 2023 495,463 3,463,039 118,154
Additions - 2,045 286
At 30 November 2024 495,463 3,465,084 118,440
DEPRECIATION
At 1 December 2023 128,482 3,401,275 115,986
Charge for year 5,505 12,761 490
At 30 November 2024 133,987 3,414,036 116,476
NET BOOK VALUE
At 30 November 2024 361,476 51,048 1,964
At 30 November 2023 366,981 61,764 2,168

W. O. Jones (Printers), Limited (Registered number: 00415715)

Notes to the Financial Statements - continued
for the year ended 30 November 2024

4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£ £ £
COST
At 1 December 2023 31,340 168,762 4,276,758
Additions - 3,208 5,539
At 30 November 2024 31,340 171,970 4,282,297
DEPRECIATION
At 1 December 2023 26,316 142,908 3,814,967
Charge for year 1,256 7,266 27,278
At 30 November 2024 27,572 150,174 3,842,245
NET BOOK VALUE
At 30 November 2024 3,768 21,796 440,052
At 30 November 2023 5,024 25,854 461,791

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 145,551 69,594
Other debtors 86,786 68,964
232,337 138,558

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 4,000 3,814
Trade creditors 108,887 126,134
Taxation and social security 98,247 39,794
Other creditors 21,924 31,924
233,058 201,666

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£ £
Bank loans 20,411 24,684

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 4,411 7,819

W. O. Jones (Printers), Limited (Registered number: 00415715)

Notes to the Financial Statements - continued
for the year ended 30 November 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
700 'A' Ordinary £1 700 700
1 'B' Ordinary £1 1 1
1 'C' Ordinary £1 1 1
1 'D' Ordinary £1 1 1
1 'E' Ordinary £1 1 1
704 704

9. RESERVES
Retained
earnings
£

At 1 December 2023 929,376
Profit for the year 252,514
Dividends (127,600 )
At 30 November 2024 1,054,290

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 November 2024 and 30 November 2023:

2024 2023
£ £
M G Jones
Balance outstanding at start of year 27,080 -
Amounts advanced 57,875 27,080
Amounts repaid (37,500 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 47,455 27,080

Mrs T G Fitzpatrick
Balance outstanding at start of year 30,020 -
Amounts advanced 32,448 30,020
Amounts repaid (30,100 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 32,368 30,020

Interest was charged on the above loans in accordance with HMRC recommended rates.

All loans were repaid within 9 months of the financial year end.

11. ULTIMATE CONTROLLING PARTY

The controlling party is W M Jones.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
W. O. Jones (Printers), 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. O. Jones (Printers), Limited for the year ended 30 November 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity 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. O. Jones (Printers), 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. O. Jones (Printers), Limited and state those matters that we have agreed to state to the Board of Directors of W. O. Jones (Printers), 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. O. Jones (Printers), Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that W. O. Jones (Printers), 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. O. Jones (Printers), Limited. You consider that W. O. Jones (Printers), 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. O. Jones (Printers), 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.






Bennett Brooks & Co Ltd
Chartered Accountants
19 Trinity Square
Llandudno
CONWY
LL30 2RD


13 March 2025