IRIS Accounts Production v25.1.3.33 08719932 Board of Directors 1.4.24 31.3.25 31.3.25 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh087199322024-03-31087199322025-03-31087199322024-04-012025-03-31087199322023-03-31087199322023-04-012024-03-31087199322024-03-3108719932ns15:EnglandWales2024-04-012025-03-3108719932ns14:PoundSterling2024-04-012025-03-3108719932ns10:Director12024-04-012025-03-3108719932ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3108719932ns10:SmallEntities2024-04-012025-03-3108719932ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-3108719932ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3108719932ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3108719932ns10:FullAccounts2024-04-012025-03-3108719932ns10:Director22024-04-012025-03-3108719932ns10:RegisteredOffice2024-04-012025-03-3108719932ns5:CurrentFinancialInstruments2025-03-3108719932ns5:CurrentFinancialInstruments2024-03-3108719932ns5:Non-currentFinancialInstruments2025-03-3108719932ns5:Non-currentFinancialInstruments2024-03-3108719932ns5:ShareCapital2025-03-3108719932ns5:ShareCapital2024-03-3108719932ns5:RetainedEarningsAccumulatedLosses2025-03-3108719932ns5:RetainedEarningsAccumulatedLosses2024-03-3108719932ns5:LandBuildingsns5:OwnedOrFreeholdAssets2024-04-012025-03-3108719932ns5:PlantMachinery2024-04-012025-03-3108719932ns5:FurnitureFittings2024-04-012025-03-3108719932ns5:MotorVehicles2024-04-012025-03-3108719932ns5:LandBuildings2024-03-3108719932ns5:PlantMachinery2024-03-3108719932ns5:FurnitureFittings2024-03-3108719932ns5:MotorVehicles2024-03-3108719932ns5:LandBuildings2024-04-012025-03-3108719932ns5:LandBuildings2025-03-3108719932ns5:PlantMachinery2025-03-3108719932ns5:FurnitureFittings2025-03-3108719932ns5:MotorVehicles2025-03-3108719932ns5:LandBuildings2024-03-3108719932ns5:PlantMachinery2024-03-3108719932ns5:FurnitureFittings2024-03-3108719932ns5:MotorVehicles2024-03-3108719932ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-03-3108719932ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-04-012025-03-3108719932ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2025-03-3108719932ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-03-3108719932ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-3108719932ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3108719932ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2025-03-3108719932ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-03-3108719932ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2025-03-3108719932ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-03-3108719932ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2025-03-3108719932ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-03-3108719932ns5:Secured2025-03-3108719932ns5:Secured2024-03-31
REGISTERED NUMBER: 08719932 (England and Wales)












Financial Statements

for the Year Ended 31 March 2025

for

T&M Johnson Limited

T&M Johnson Limited (Registered number: 08719932)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


T&M Johnson Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: T Johnson
M S Johnson





REGISTERED OFFICE: Darby Lane
Hindley
Wigan
WN2 3DW





REGISTERED NUMBER: 08719932 (England and Wales)





ACCOUNTANTS: Archwood Accountants
Archwood House
46-48 Long Street
Middleton
Manchester
M24 6UQ

T&M Johnson Limited (Registered number: 08719932)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 126,940 133,010

CURRENT ASSETS
Stocks 15,000 8,700
Debtors 5 913 771
Cash at bank and in hand 20,021 25,038
35,934 34,509
CREDITORS
Amounts falling due within one year 6 84,485 89,161
NET CURRENT LIABILITIES (48,551 ) (54,652 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

78,389

78,358

CREDITORS
Amounts falling due after more than one
year

7

(61,876

)

(69,785

)

PROVISIONS FOR LIABILITIES (3,198 ) (3,925 )
NET ASSETS 13,315 4,648

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 13,215 4,548
13,315 4,648

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

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

T&M Johnson Limited (Registered number: 08719932)

Balance Sheet - continued
31 March 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 27 May 2025 and were signed on its behalf by:





M S Johnson - Director


T&M Johnson Limited (Registered number: 08719932)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

T&M Johnson 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.

The company relies on the support of its directors and shareholders and other lenders. There is nothing to suggest that this support will be withdrawn in the period of one year following the date of the signing of the balance sheet. On this basis, the financial statements have been prepared on the going concern basis.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Freehold property - 2% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 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.

T&M Johnson Limited (Registered number: 08719932)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 4 (2024 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 April 2024
and 31 March 2025 127,385 2,156 35,000 10,156 174,697
DEPRECIATION
At 1 April 2024 15,031 1,928 21,791 2,937 41,687
Charge for year 2,248 35 1,982 1,805 6,070
At 31 March 2025 17,279 1,963 23,773 4,742 47,757
NET BOOK VALUE
At 31 March 2025 110,106 193 11,227 5,414 126,940
At 31 March 2024 112,354 228 13,209 7,219 133,010

T&M Johnson Limited (Registered number: 08719932)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 April 2024
and 31 March 2025 9,575
DEPRECIATION
At 1 April 2024 2,394
Charge for year 1,795
At 31 March 2025 4,189
NET BOOK VALUE
At 31 March 2025 5,386
At 31 March 2024 7,181

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 897 771
Other debtors 16 -
913 771

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts 3,490 3,457
Hire purchase contracts 2,108 1,900
Trade creditors 15,000 102
Tax 7,024 2,143
Social security and other taxes 3,668 916
Pension 268 197
Directors' current accounts 51,254 78,873
Accrued expenses 1,673 1,573
84,485 89,161

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Bank loans - 1-2 years 3,655 3,620
Bank loans - 2-5 years 12,031 11,919
Bank loans more 5 yr by instal 42,588 48,536
Hire purchase contracts 3,602 5,710
61,876 69,785

T&M Johnson Limited (Registered number: 08719932)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31.3.25 31.3.24
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 42,588 48,536

8. SECURED DEBTS

The following secured debts are included within creditors:

31.3.25 31.3.24
£    £   
Bank loans 61,764 67,532

The bank loan is secured by way of a fixed charge on the company's freehold property and a floating charge on the company's other assets.