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REGISTERED NUMBER: 07451519 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

FOR

PAUL JENKINS AND SONS LIMITED

PAUL JENKINS AND SONS LIMITED (REGISTERED NUMBER: 07451519)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PAUL JENKINS AND SONS LIMITED

COMPANY INFORMATION
for the Year Ended 31 January 2025







DIRECTORS: P Jenkins
M J Jenkins
L O Jenkins





SECRETARY:





REGISTERED OFFICE: Feidr Castell
Fishguard
Pembrokeshire
SA65 9BB





REGISTERED NUMBER: 07451519 (England and Wales)





ACCOUNTANTS: L M Griffiths & Co Limited
Chartered Certified Accountants
1&2 Merlins Court
Winch Lane
Haverfordwest
Pembrokeshire
SA61 1SB

PAUL JENKINS AND SONS LIMITED (REGISTERED NUMBER: 07451519)

BALANCE SHEET
31 January 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 393,959 319,914
393,959 319,914

CURRENT ASSETS
Stocks 84,959 68,894
Debtors 6 121,143 101,696
Cash at bank and in hand 194,057 167,017
400,159 337,607
CREDITORS
Amounts falling due within one year 7 409,972 285,534
NET CURRENT (LIABILITIES)/ASSETS (9,813 ) 52,073
TOTAL ASSETS LESS CURRENT
LIABILITIES

384,146

371,987

PROVISIONS FOR LIABILITIES 18,863 16,774
NET ASSETS 365,283 355,213

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 365,183 355,113
365,283 355,213

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

PAUL JENKINS AND SONS LIMITED (REGISTERED NUMBER: 07451519)

BALANCE SHEET - continued
31 January 2025


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 4 March 2025 and were signed on its behalf by:





P Jenkins - Director


PAUL JENKINS AND SONS LIMITED (REGISTERED NUMBER: 07451519)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

Paul Jenkins and 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.

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

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.

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.

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.

PAUL JENKINS AND SONS LIMITED (REGISTERED NUMBER: 07451519)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 January 2025

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 9 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2024
and 31 January 2025 100,000
AMORTISATION
At 1 February 2024
and 31 January 2025 100,000
NET BOOK VALUE
At 31 January 2025 -
At 31 January 2024 -

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 February 2024 62,637 563,656 626,293
Additions - 217,069 217,069
Disposals - (153,003 ) (153,003 )
At 31 January 2025 62,637 627,722 690,359
DEPRECIATION
At 1 February 2024 - 306,379 306,379
Charge for year - 56,038 56,038
Eliminated on disposal - (66,017 ) (66,017 )
At 31 January 2025 - 296,400 296,400
NET BOOK VALUE
At 31 January 2025 62,637 331,322 393,959
At 31 January 2024 62,637 257,277 319,914

PAUL JENKINS AND SONS LIMITED (REGISTERED NUMBER: 07451519)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 January 2025

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 102,393 76,678
Other debtors 18,750 25,018
121,143 101,696

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Hire purchase contracts 116,843 112,791
Trade creditors 2,200 19,846
Taxation and social security 8,188 17,965
Other creditors 282,741 134,932
409,972 285,534

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2025 and 31 January 2024:

2025 2024
£    £   
P Jenkins
Balance outstanding at start of year (331 ) (727 )
Amounts advanced 1,060 396
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 729 (331 )

M J Jenkins
Balance outstanding at start of year 24,320 (654 )
Amounts advanced - 24,974
Amounts repaid (7,033 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 17,287 24,320

L O Jenkins
Balance outstanding at start of year (302 ) (500 )
Amounts advanced 61 198
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (241 ) (302 )