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REGISTERED NUMBER: 05347928 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

FOR

J. ATKINSON & CO. (LANCASTER) LIMITED

J. ATKINSON & CO. (LANCASTER) LIMITED (REGISTERED NUMBER: 05347928)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 8

J. ATKINSON & CO. (LANCASTER) LIMITED

COMPANY INFORMATION
for the Year Ended 31st March 2025







DIRECTORS: Mr I R Steel
Mrs S E Steel
Mr C W Steel
Mr M L Steel





REGISTERED OFFICE: 12 China Street
LANCASTER
Lancashire
LA1 1EX





REGISTERED NUMBER: 05347928 (England and Wales)





ACCOUNTANTS: Taylor, Robertson & Willett Ltd
95 King Street
Lancaster
Lancashire
LA1 1RH

J. ATKINSON & CO. (LANCASTER) LIMITED (REGISTERED NUMBER: 05347928)

BALANCE SHEET
31st March 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 746,965 300,348
746,965 300,348

CURRENT ASSETS
Stocks 69,249 40,532
Debtors 6 43,882 65,044
Cash at bank and in hand 82,741 170,420
195,872 275,996
CREDITORS
Amounts falling due within one year 7 220,551 262,067
NET CURRENT (LIABILITIES)/ASSETS (24,679 ) 13,929
TOTAL ASSETS LESS CURRENT
LIABILITIES

722,286

314,277

CREDITORS
Amounts falling due after more than one year 8 (347,129 ) (93,240 )

PROVISIONS FOR LIABILITIES (20,000 ) (20,000 )
NET ASSETS 355,157 201,037

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 355,057 200,937
SHAREHOLDERS' FUNDS 355,157 201,037

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

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

J. ATKINSON & CO. (LANCASTER) LIMITED (REGISTERED NUMBER: 05347928)

BALANCE SHEET - continued
31st 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19th June 2025 and were signed on its behalf by:





Mr I R Steel - Director


J. ATKINSON & CO. (LANCASTER) LIMITED (REGISTERED NUMBER: 05347928)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st March 2025

1. STATUTORY INFORMATION

J. Atkinson & Co. (Lancaster) 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
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill has been fully amortised.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - 10% on cost
Plant and machinery - at variable rates on reducing balance
Fixtures and fittings - 10% 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 Statement of Income and Retained Earnings, 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.


J. ATKINSON & CO. (LANCASTER) LIMITED (REGISTERED NUMBER: 05347928)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st March 2025

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 42 (2024 - 46 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st April 2024
and 31st March 2025 62,500
AMORTISATION
At 1st April 2024
and 31st March 2025 62,500
NET BOOK VALUE
At 31st March 2025 -
At 31st March 2024 -

J. ATKINSON & CO. (LANCASTER) LIMITED (REGISTERED NUMBER: 05347928)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st March 2025

5. TANGIBLE FIXED ASSETS
Freehold Short Plant and
property leasehold machinery
£    £    £   
COST
At 1st April 2024 - 224,532 279,227
Additions 448,322 - 25,294
Disposals - (69,633 ) -
At 31st March 2025 448,322 154,899 304,521
DEPRECIATION
At 1st April 2024 - 92,926 151,516
Charge for year - 580 24,122
Eliminated on disposal - (64,928 ) -
At 31st March 2025 - 28,578 175,638
NET BOOK VALUE
At 31st March 2025 448,322 126,321 128,883
At 31st March 2024 - 131,606 127,711

Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1st April 2024 97,253 14,950 615,962
Additions 6,744 - 480,360
Disposals - - (69,633 )
At 31st March 2025 103,997 14,950 1,026,689
DEPRECIATION
At 1st April 2024 56,760 14,412 315,614
Charge for year 4,202 134 29,038
Eliminated on disposal - - (64,928 )
At 31st March 2025 60,962 14,546 279,724
NET BOOK VALUE
At 31st March 2025 43,035 404 746,965
At 31st March 2024 40,493 538 300,348

J. ATKINSON & CO. (LANCASTER) LIMITED (REGISTERED NUMBER: 05347928)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st March 2025

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 36,425 39,211
Other debtors 7,457 25,833
43,882 65,044

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 40,196 67,500
Trade creditors 67,686 62,630
Taxation and social security 75,891 81,218
Other creditors 36,778 50,719
220,551 262,067

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans 286,129 -
Other creditors 61,000 93,240
347,129 93,240

J. ATKINSON & CO. (LANCASTER) LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
J. ATKINSON & CO. (LANCASTER) LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31st March 2025 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Our report is prepared solely for the confidential use of the directors and should not be relied upon by any third party without prior reference to ourselves.






Taylor, Robertson & Willett Ltd
95 King Street
Lancaster
Lancashire
LA1 1RH


19th June 2025