REGISTERED NUMBER: 00336234 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

JOHNSON & ALLEN LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N J Gibney

J Allsopp

M H Robinson

S O M Johnson

SECRETARY:

M H Robinson

REGISTERED OFFICE:

Neocol Works

Smithfield

Sheffield

S3 7AR

REGISTERED NUMBER:

00336234 (England and Wales)

ACCOUNTANTS:

Marriott Gibbs Rees Wallis Limited

Chartered Certified Accountants

First Floor

Unit 4, Broadfield Court

Sheffield

South Yorkshire

S8 0XF

FIXED ASSETS

Tangible assets

4

361,506

396,133

CURRENT ASSETS

Stocks

786,652

893,433

Debtors

5

436,875

425,969

Cash at bank and in hand

981,896

899,852

2,205,423

2,219,254

CREDITORS

Amounts falling due within one year

6

792,314

925,424

NET CURRENT ASSETS

1,413,109

1,293,830

TOTAL ASSETS LESS CURRENT LIABILITIES

1,774,615

1,689,963

PROVISIONS FOR LIABILITIES

(12,687

)

(10,190

)

ACCRUALS AND DEFERRED INCOME

8

(3,650

)

(4,210

)

NET ASSETS

1,758,278

1,675,563

CAPITAL AND RESERVES

Called up share capital

8,545

8,545

Capital redemption reserve

880

880

Retained earnings

1,748,853

1,666,138

1,758,278

1,675,563

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

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

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 March 2025 and were signed on its behalf by:

M H Robinson - Director

1.	STATUTORY INFORMATION

Johnson & Allen 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.

Tangible fixed assets

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class

Depreciation method and rate

Freehold properties

Straight line over 50 years

Leasehold properties

Straight line over the life of the lease

Plant and machinery

Straight line over twelve years

Fixtures, fittings and equipment

Straight line over ten years

Computer equipment

33% 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 Profit and Loss Account, 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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 31 (2023 - 37 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 October 2023

547,522

645,432

1,192,954

Additions

-

1,160

1,160

At 30 September 2024

547,522

646,592

1,194,114

DEPRECIATION

At 1 October 2023

260,357

536,464

796,821

Charge for year

8,021

27,766

35,787

At 30 September 2024

268,378

564,230

832,608

NET BOOK VALUE

At 30 September 2024

279,144

82,362

361,506

At 30 September 2023

287,165

108,968

396,133

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

404,203

397,495

Other debtors

32,672

28,474

436,875

425,969

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

199,401

189,620

Social security and other taxes

19,944

22,797

VAT

71,625

62,980

Other creditors

30,341

39,834

Directors' current accounts

265,551

253,449

Accruals and deferred income

205,452

356,744

792,314

925,424

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2024

2023

£

£

Within one year

29,500

29,500

Between one and five years

36,875

66,375

66,375

95,875

8.	ACCRUALS AND DEFERRED INCOME

2024

2023

£

£

Deferred government grants

3,650

4,210