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Registration number: 06039693

John Tucker & Son Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 January 2025

 

John Tucker & Son Limited

Contents

Statement of Financial Position

1 to 2

Notes to the Unaudited Financial Statements

3 to 8

 

John Tucker & Son Limited

(Registration number: 06039693)
Statement of Financial Position as at 31 January 2025

Note

2025
£

2024
£

Fixed assets

 

Tangible assets

5

373,759

337,194

Current assets

 

Stocks

16,148

37,973

Debtors

6

11,264

30,276

Cash at bank and in hand

 

188,659

160,423

 

216,071

228,672

Creditors: Amounts falling due within one year

7

(258,085)

(310,754)

Net current liabilities

 

(42,014)

(82,082)

Total assets less current liabilities

 

331,745

255,112

Creditors: Amounts falling due after more than one year

7

(8,376)

(9,357)

Provisions for liabilities

(93,692)

(60,751)

Net assets

 

229,677

185,004

Capital and reserves

 

Called up share capital

100,000

100,000

Profit and loss account

129,677

85,004

Shareholders' funds

 

229,677

185,004

For the financial year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Statement of Comprehensive Income.

Approved and authorised by the Board on 31 May 2025 and signed on its behalf by:
 

 

John Tucker & Son Limited

(Registration number: 06039693)
Statement of Financial Position as at 31 January 2025 (continued)


Mrs D Tucker
Director


Mr A Tucker
Director

 

John Tucker & Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
80 Oxford Street
Burnham on Sea
Somerset
TA8 1EF
England and Wales

Principal activity

The principal activity of the company is landscape service activities

2

Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling which is the functional currency of the entity.

Going concern

The financial statements have been prepared on a going concern basis.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for agricultural contract services rendered and plant hire, stated net of discounts and of Value Added Tax.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

 

John Tucker & Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025 (continued)

2

Accounting policies (continued)

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant & machinery

- 20% reducing balance

Fixture & fittings

- 25% reducing balance

Motor vehicles

- 25% reducing balance

Office equipment

- 33% straight line

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Goodwill

Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed five years.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Goodwill

- 15 years Straight Line

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks and other short term highly liquid investments.

 

John Tucker & Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025 (continued)

2

Accounting policies (continued)

Provisions

Provisions are recognised when the company has an obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in the profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

Recognition and measurement
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 3).

 

John Tucker & Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025 (continued)

4

Intangible assets

Goodwill
 £

Total
£

Cost or valuation

At 1 February 2024

120,000

120,000

At 31 January 2025

120,000

120,000

Amortisation

At 1 February 2024

120,000

120,000

At 31 January 2025

120,000

120,000

Carrying amount

At 31 January 2025

-

-

5

Tangible assets

Fixtures and fittings
£

Plant and machinery
£

Office equipment
£

Motor vehicles
 £

Total
£

Cost or valuation

At 1 February 2024

12,843

922,868

2,379

49,500

987,590

Additions

-

207,703

679

-

208,382

Disposals

-

(195,000)

-

-

(195,000)

At 31 January 2025

12,843

935,571

3,058

49,500

1,000,972

Depreciation

At 1 February 2024

12,558

600,946

1,821

35,071

650,396

Charge for the year

71

90,427

224

3,607

94,329

Eliminated on disposal

-

(117,512)

-

-

(117,512)

At 31 January 2025

12,629

573,861

2,045

38,678

627,213

Carrying amount

At 31 January 2025

214

361,710

1,013

10,822

373,759

At 31 January 2024

285

321,922

558

14,429

337,194

 

John Tucker & Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025 (continued)

6

Debtors

2025
£

2024
£

Trade debtors

1,984

21,498

Prepayments

9,280

8,778

11,264

30,276

7

Creditors

Creditors: amounts falling due within one year

2025
£

2024
£

Due within one year

Trade creditors

507

321

Taxation and social security

24,614

27,866

Accruals and deferred income

2,825

2,750

Other creditors

230,139

279,817

258,085

310,754

Creditors: amounts falling due after more than one year

Note

2025
£

2024
£

Due after one year

 

Loans and borrowings

8,376

9,357

8

Reserves

Profit and loss account:

This reserve records retained earnings and accumulated losses.

 

John Tucker & Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025 (continued)

9

Related party transactions

Transactions with directors

2025

At 1 February 2024
£

Advances to director
£

Repayments by director
£

At 31 January 2025
£

Directors loan

(277,820)

56,032

(5,967)

(227,755)

         
       

 

2024

At 1 February 2023
£

Advances to director
£

Repayments by director
£

At 31 January 2024
£

Directors loan

(287,790)

81,028

(71,058)

(277,820)