REGISTERED NUMBER: 01238974 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2024

for

Jackson & Gocher Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J C Underwood

J R A Preston

W Hammond

SECRETARY:

W Hammond

REGISTERED OFFICE:

Cleveland Place

Farncombe

Godalming

Surrey

GU7 3LP

REGISTERED NUMBER:

01238974 (England and Wales)

ACCOUNTANTS:

John Parratt Associates

Chartered Certified Accountants

94 Shortheath Road

Farnham

Surrey

GU9 8SQ

FIXED ASSETS

Property, plant and equipment

4

55,489

63,054

Investments

5

8,423

8,423

63,912

71,477

CURRENT ASSETS

Inventories

18,309

29,676

Debtors

6

94,689

91,262

Cash at bank and in hand

32,234

37,484

145,232

158,422

CREDITORS

Amounts falling due within one year

7

309,775

306,359

NET CURRENT LIABILITIES

(164,543

)

(147,937

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(100,631

)

(76,460

)

PROVISIONS FOR LIABILITIES

10,320

11,743

NET LIABILITIES

(110,951

)

(88,203

)

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Share premium

14,000

14,000

Retained earnings

(125,951

)

(103,203

)

(110,951

)

(88,203

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 May 2025 and were signed on its behalf by:

J C Underwood - Director

1.	STATUTORY INFORMATION

Jackson & Gocher 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

Revenue 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.

Land and buildings

-

10% on cost

Plant and machinery etc

-

33% on cost and 25% on cost

Stocks

Inventories 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.

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.

Going concern

The directors of the Company are currently assessing the impact of COVID-19. The situation is evolving rapidly and it is not possible at this stage to determine with any certainty the impact on the Company. The directors are continually reviewing their plans and forecasts and believe that the going concern basis is appropriate for a period of at least 12 months from the date of approving these financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 9 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 September 2023

173,151

269,746

442,897

Additions

-

37,439

37,439

Disposals

-

(34,125

)

(34,125

)

At 31 August 2024

173,151

273,060

446,211

DEPRECIATION

At 1 September 2023

173,151

206,692

379,843

Charge for year

-

17,107

17,107

Eliminated on disposal

-

(6,228

)

(6,228

)

At 31 August 2024

173,151

217,571

390,722

NET BOOK VALUE

At 31 August 2024

-

55,489

55,489

At 31 August 2023

-

63,054

63,054

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 September 2023

and 31 August 2024

8,423

NET BOOK VALUE

At 31 August 2024

8,423

At 31 August 2023

8,423

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.24

31.8.23

£

£

Trade debtors

78,273

78,257

Other debtors

16,416

13,005

94,689

91,262

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.24

31.8.23

£

£

Trade creditors

22,821

32,038

Taxation and social security

19,791

19,746

Other creditors

267,163

254,575

309,775

306,359

8.	NET LIABILITIES

The parent company has subordinated £110,000 of the debt due by the subsidiary to support the net liabilities at the balance sheet date.