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REGISTERED NUMBER: 04974397 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

J W VENDING LIMITED

J W VENDING LIMITED (REGISTERED NUMBER: 04974397)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


J W VENDING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: Mr J Worgan
Mrs H M Worgan
Mr L Worgan
Mr A Worgan
Mr C Worgan





SECRETARY: Mr J Worgan





REGISTERED OFFICE: Boyce's Building
40-42 Regent Street
Clifton
Bristol
BS8 4HU





REGISTERED NUMBER: 04974397 (England and Wales)





ACCOUNTANTS: Lawes & Co
Boyce's Building
40-42 Regent Street
Clifton
Bristol
BS8 4HU

J W VENDING LIMITED (REGISTERED NUMBER: 04974397)

BALANCE SHEET
31 DECEMBER 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,533,209 1,147,736

CURRENT ASSETS
Stocks 229,407 124,607
Debtors 5 267,804 310,090
Cash at bank and in hand 302,934 181,647
800,145 616,344
CREDITORS
Amounts falling due within one year 6 791,510 606,226
NET CURRENT ASSETS 8,635 10,118
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,541,844

1,157,854

PROVISIONS FOR LIABILITIES 8 380,293 283,712
NET ASSETS 1,161,551 874,142

CAPITAL AND RESERVES
Called up share capital 9 14 14
Retained earnings 1,161,537 874,128
SHAREHOLDERS' FUNDS 1,161,551 874,142

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

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

J W VENDING LIMITED (REGISTERED NUMBER: 04974397)

BALANCE SHEET - continued
31 DECEMBER 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 17 March 2025 and were signed on its behalf by:





Mr A Worgan - Director


J W VENDING LIMITED (REGISTERED NUMBER: 04974397)

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

1. STATUTORY INFORMATION

J W Vending 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 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.
Plant and machinery - 33% on cost and 15% on reducing balance
Motor vehicles - 25% on reducing balance

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.

J W VENDING LIMITED (REGISTERED NUMBER: 04974397)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 33 (2023 - 31 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2024 1,595,987 235,564 - 1,831,551
Additions 569,280 85,046 32,400 686,726
Disposals (45,164 ) - - (45,164 )
At 31 December 2024 2,120,103 320,610 32,400 2,473,113
DEPRECIATION
At 1 January 2024 576,169 107,646 - 683,815
Charge for year 211,290 43,863 1,080 256,233
Eliminated on disposal (144 ) - - (144 )
At 31 December 2024 787,315 151,509 1,080 939,904
NET BOOK VALUE
At 31 December 2024 1,332,788 169,101 31,320 1,533,209
At 31 December 2023 1,019,818 127,918 - 1,147,736

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 185,571 249,201
Other debtors 82,233 60,889
267,804 310,090

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 277,478 244,953
Taxation and social security 170,154 110,659
Other creditors 343,878 250,614
791,510 606,226

J W VENDING LIMITED (REGISTERED NUMBER: 04974397)

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

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.12.24 31.12.23
£    £   
Within one year 86,929 70,000
Between one and five years 280,000 280,000
In more than five years 280,000 350,000
646,929 700,000

8. PROVISIONS FOR LIABILITIES
31.12.24 31.12.23
£    £   
Deferred tax 380,293 283,712

Deferred
tax
£   
Balance at 1 January 2024 283,712
Accelerated capital allowances 96,581
Balance at 31 December 2024 380,293

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £ £
126 A Ordinary £1 12 10
4 B Ordinary £1 1 1
10 Employee B Ordinary £1 1 1
NIL Employee C Ordinary £1 - 1
NIL Employee D Ordinary £1 - 1
14 14

10. RELATED PARTY DISCLOSURES

The company maintains an interest free loan account its directors. At the balance sheet date the company owed £253,742 (2023: £161,615).

11. ULTIMATE CONTROLLING PARTY

The company is under control of the directors based on their ownership of the entire share capital.