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REGISTERED NUMBER: 00236082 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

J J PRIOR LIMITED

| J J PRIOR LIMITED (REGISTERED NUMBER: 00236082) |

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 J PRIOR LIMITED |

Company Information

for the year ended 31 December 2024

| DIRECTOR: | M S Prior

| REGISTERED OFFICE: | Prior House

| Ballast Quay Road

| Fingringhoe

| Colchester

| Essex

| CO5 7DB

| REGISTERED NUMBER: | 00236082 (England and Wales)

| ACCOUNTANTS: | Plus Accounting

| Chartered Accountants

| Preston Park House

| South Road

| Brighton

| East Sussex

| BN1 6SB

| J J PRIOR LIMITED (REGISTERED NUMBER: 00236082) |

Balance Sheet

31 December 2024

2024 | 2023 |

| Notes | £ | £

FIXED ASSETS

Tangible assets | 4 | 1,377,482 |  | 1,440,378 |  |

CURRENT ASSETS

Stocks | - |  | 16,085 |  |

Debtors | 5 | 4,836 |  | 143,238 |  |

Cash at bank and in hand | 521,623 |  | 213,907 |  |

526,459 |  | 373,230 |  |

CREDITORS

Amounts falling due within one year | 6 | (17,472 | ) | (167,598 | ) |

NET CURRENT ASSETS | 508,987 |  | 205,632 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,886,469 |  | 1,646,010 |  |

CREDITORS

Amounts falling due after more than one year | 7 | - |  | (26,720 | ) |

NET ASSETS | 1,886,469 |  | 1,619,290 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 25,000 |  | 25,000 |  |

Revaluation reserve | 1,222,957 |  | 1,222,957 |  |

Capital redemption reserve | 139,000 |  | 139,000 |  |

Retained earnings | 499,512 |  | 232,333 |  |

SHAREHOLDERS' FUNDS | 1,886,469 |  | 1,619,290 |  |

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 director acknowledges his 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 J PRIOR LIMITED (REGISTERED NUMBER: 00236082) |

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 director and authorised for issue on 5 June 2025 and were signed by:

M S Prior - Director

| J J PRIOR LIMITED (REGISTERED NUMBER: 00236082) |

Notes to the Financial Statements

for the year ended 31 December 2024

1. | STATUTORY INFORMATION

| J J Prior 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 from sales of aggregate transportation is recognised at the date the aggregate is delivered to the customer and signed off by the customer. Turnover represents the fair value of the consideration received or receivable excluding discounts, rebates, VAT and other sales taxes or duty.

| Brewery Wharf annual rent is received in advance in 4 equal installments in accordance with the annual lease agreement.

| Rental income from annual shoot and phone mast agreements are recognised over the duration of the contract.

| Tangible fixed assets

| Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

| Freehold property - over 30 years

| Plant and machinery - 10% on cost

| Fixtures and fittings - 10% on reducing balance

| Motor vehicles - 10% on cost

| Stocks

| Stocks are valued at the lower of cost and estimated selling price, after making due allowance for obsolete and slow moving items.

| Financial instruments

| Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

| 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.

| 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 J PRIOR LIMITED (REGISTERED NUMBER: 00236082) |

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 plan for its employees. A define contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

| The contributions are recognised as an expense in the statement of comprehensive income when they fall due. Amounts not paid are shown in accruals as a liability in the statement of financial position. The assets of the plan are held separately from the company in independently administered funds.

| Impairment policy

| At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

| Going concern

| The directors have agreed to support the company as necessary in the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

| Government support

| Included in bank loans is a bounce back loan which is guaranteed by the government. As part of the bounce back loan scheme the government paid the first year of interest on the loan.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 6 (2023 - 9 ) .

4. | TANGIBLE FIXED ASSETS

Fixtures |  |

Freehold | Plant and | and | Motor |  |

property | machinery | fittings | vehicles | Totals |

| £ | £ | £ | £ | £

| COST

| At 1 January 2024 | 1,428,463 |  | 156,922 |  | 1,934 |  | 10,000 |  | 1,597,319 |  |

| Disposals | (9 | ) | (109,716 | ) | (1,934 | ) | - |  | (111,659 | ) |

| At 31 December 2024 | 1,428,454 |  | 47,206 |  | - |  | 10,000 |  | 1,485,660 |  |

| DEPRECIATION

| At 1 January 2024 | 78,540 |  | 75,941 |  | 1,460 |  | 1,000 |  | 156,941 |  |

| Charge for year | 8,726 |  | 11,255 |  | 12 |  | 1,000 |  | 20,993 |  |

| Eliminated on disposal | - |  | (68,284 | ) | (1,472 | ) | - |  | (69,756 | ) |

| At 31 December 2024 | 87,266 |  | 18,912 |  | - |  | 2,000 |  | 108,178 |  |

| NET BOOK VALUE

| At 31 December 2024 | 1,341,188 |  | 28,294 |  | - |  | 8,000 |  | 1,377,482 |  |

| At 31 December 2023 | 1,349,923 |  | 80,981 |  | 474 |  | 9,000 |  | 1,440,378 |  |

| Included within freehold property is £1,166,658 of non-depreciable land (2023: £1,166,667).

| J J PRIOR LIMITED (REGISTERED NUMBER: 00236082) |

Notes to the Financial Statements - continued

for the year ended 31 December 2024

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

| £ | £

| Trade debtors | 914 |  | 120,004 |  |

| Other debtors | 3,922 |  | 23,234 |  |

4,836 |  | 143,238 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

| £ | £

| Bank loans and overdrafts | - |  | 10,119 |  |

| Hire purchase contracts (see note 8) | - |  | 11,074 |  |

| Trade creditors | 4,421 |  | 14,635 |  |

| Taxation and social security | 7,706 |  | 51,645 |  |

| Other creditors | 5,345 |  | 80,125 |  |

17,472 |  | 167,598 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2024 | 2023 |

| £ | £

| Bank loans | - |  | 15,659 |  |

| Hire purchase contracts (see note 8) | - |  | 11,061 |  |

- |  | 26,720 |  |

8. | LEASING AGREEMENTS

| Minimum lease payments fall due as follows:

| Hire purchase contracts |

2024 | 2023 |

| £ | £

| Net obligations repayable:

| Within one year | - |  | 11,074 |  |

| Between one and five years | - |  | 11,061 |  |

- |  | 22,135 |  |

Non-cancellable |

operating leases |

2024 | 2023 |

| £ | £

| Within one year | - |  | 9,201 |  |

| Between one and five years | - |  | 4,751 |  |

- |  | 13,952 |  |

| J J PRIOR LIMITED (REGISTERED NUMBER: 00236082) |

Notes to the Financial Statements - continued

for the year ended 31 December 2024

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2024 | 2023 |

value: |  | £ | £

| 25,000 | Ordinary | £1 | 25,000 |  | 25,000 |  |