| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 |
| FOR |
| J. SHORTEN & SONS LIMITED |
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 |
| FOR |
| J. SHORTEN & SONS LIMITED |
| J. SHORTEN & SONS LIMITED (REGISTERED NUMBER: 01534672) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 5 APRIL 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| J. SHORTEN & SONS LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 5 APRIL 2025 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Cheribourne House |
| 45a Station Road |
| Willington |
| Bedford |
| Bedfordshire |
| MK44 3QL |
| J. SHORTEN & SONS LIMITED (REGISTERED NUMBER: 01534672) |
| BALANCE SHEET |
| 5 APRIL 2025 |
| 5.4.25 | 5.4.24 |
| Notes | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investment property | 5 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 6 |
| Investments | 7 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 8 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Fair value reserve |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. SHORTEN & SONS LIMITED (REGISTERED NUMBER: 01534672) |
| BALANCE SHEET - continued |
| 5 APRIL 2025 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| J. SHORTEN & SONS LIMITED (REGISTERED NUMBER: 01534672) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 5 APRIL 2025 |
| 1. | STATUTORY INFORMATION |
| J. Shorten & Sons Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents invoices raised for work done, excluding value added tax. |
| Tangible fixed assets |
| Freehold property | - |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| 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. |
| Gain/loss on listed investments |
| Gains/losses on listed investments includes the realised gains/losses on sale of investments plus any unrealised gains/losses on revaluation of the listed investments. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| J. SHORTEN & SONS LIMITED (REGISTERED NUMBER: 01534672) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 5 APRIL 2025 |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Freehold | Plant and | and |
| property | machinery | fittings |
| £ | £ | £ |
| COST |
| At 6 April 2024 |
| Additions |
| Disposals |
| At 5 April 2025 |
| DEPRECIATION |
| At 6 April 2024 |
| Charge for year |
| Eliminated on disposal |
| At 5 April 2025 |
| NET BOOK VALUE |
| At 5 April 2025 |
| At 5 April 2024 |
| Motor | Computer |
| vehicles | equipment | Totals |
| £ | £ | £ |
| COST |
| At 6 April 2024 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 5 April 2025 |
| DEPRECIATION |
| At 6 April 2024 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 5 April 2025 |
| NET BOOK VALUE |
| At 5 April 2025 |
| At 5 April 2024 |
| J. SHORTEN & SONS LIMITED (REGISTERED NUMBER: 01534672) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 5 APRIL 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 6 April 2024 |
| Transfer to ownership | (525,472 | ) |
| At 5 April 2025 |
| DEPRECIATION |
| At 6 April 2024 |
| Charge for year |
| Transfer to ownership | (351,362 | ) |
| At 5 April 2025 |
| NET BOOK VALUE |
| At 5 April 2025 |
| At 5 April 2024 |
| 5. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 6 April 2024 |
| and 5 April 2025 |
| NET BOOK VALUE |
| At 5 April 2025 |
| At 5 April 2024 |
| Fair value at 5 April 2025 is represented by: |
| £ |
| Valuation in 2024 | 450,000 |
| If investment property had not been revalued it would have been included at the following historical cost: |
| 5.4.25 | 5.4.24 |
| £ | £ |
| Cost | 297,491 | 297,491 |
| Investment property was valued on an open market basis on 5 April 2025 by the directors . |
| J. SHORTEN & SONS LIMITED (REGISTERED NUMBER: 01534672) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 5 APRIL 2025 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 5.4.25 | 5.4.24 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 7. | CURRENT ASSET INVESTMENTS |
| 5.4.25 | 5.4.24 |
| £ | £ |
| Listed investments | 10,166 | 26,895 |
| Unlisted investments | 282,684 | 219,660 |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 5.4.25 | 5.4.24 |
| £ | £ |
| Hire purchase contracts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 9. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 5.4.25 | 5.4.24 |
| £ | £ |
| Hire purchase contracts | - | 34,645 |