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REGISTERED NUMBER: 11808689 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

J & S DAIRYING LIMITED

J & S DAIRYING LIMITED (REGISTERED NUMBER: 11808689)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025










Page

Balance Sheet 1

Notes to the Financial Statements 3


J & S DAIRYING LIMITED (REGISTERED NUMBER: 11808689)

BALANCE SHEET
28 FEBRUARY 2025

28.2.25 28.2.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 182,342 148,532

CURRENT ASSETS
Cash at bank 100,556 140,304

CREDITORS
Amounts falling due within one year 5 74,608 76,225
NET CURRENT ASSETS 25,948 64,079
TOTAL ASSETS LESS CURRENT
LIABILITIES

208,290

212,611

CREDITORS
Amounts falling due after more than
one year

6

105,833

118,875
NET ASSETS 102,457 93,736

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 102,357 93,636
SHAREHOLDERS' FUNDS 102,457 93,736

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 & S DAIRYING LIMITED (REGISTERED NUMBER: 11808689)

BALANCE SHEET - continued
28 FEBRUARY 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 5 June 2025 and were signed on its behalf by:





J M Lord - Director


J & S DAIRYING LIMITED (REGISTERED NUMBER: 11808689)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025


1. STATUTORY INFORMATION

J & S Dairying Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 11808689

Registered office: Bellaport Lodge Cottage
Bearstone Road
Norton-In-Hales
Market Drayron
Shropshire
TF9 4AP

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 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.
Plant and machinery - 15% on cost
Fixtures and fittings - 10% on cost
Computer equipment - 10% on cost

J & S DAIRYING LIMITED (REGISTERED NUMBER: 11808689)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025


2. ACCOUNTING POLICIES - continued

FINANCIAL INSTRUMENTS
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset , with the net amounts presented in the financial statement when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities
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 company after deducting all of its liabilities.

Basic financial liabilities
Basic financial liabilities, including creditors , bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.


J & S DAIRYING LIMITED (REGISTERED NUMBER: 11808689)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025


2. ACCOUNTING POLICIES - continued
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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

J & S DAIRYING LIMITED (REGISTERED NUMBER: 11808689)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
Herd machinery fittings equipment Totals
£    £    £    £    £   
COST
At 29 February 2024 80,500 128,766 1,889 543 211,698
Additions 2,750 64,950 - - 67,700
Disposals - (48,750 ) - - (48,750 )
At 28 February 2025 83,250 144,966 1,889 543 230,648
DEPRECIATION
At 29 February 2024 - 62,689 182 295 63,166
Charge for year - 10,324 54 141 10,519
Eliminated on disposal - (25,379 ) - - (25,379 )
At 28 February 2025 - 47,634 236 436 48,306
NET BOOK VALUE
At 28 February 2025 83,250 97,332 1,653 107 182,342
At 28 February 2024 80,500 66,077 1,707 248 148,532

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 28.2.24
£    £   
Bank loans and overdrafts (see note 7)
10,000

10,000
Trade creditors 19,050 8,200
Accruals 1,513 1,512
Tax 760 760
Social security and other taxes 10,448 28,137
VAT 13,174 10,379
Directors' current accounts 19,663 17,237
74,608 76,225

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
28.2.25 28.2.24
£    £   
Other loans (see note 7) 5,833 18,875
Directors capital account 100,000 100,000
105,833 118,875

J & S DAIRYING LIMITED (REGISTERED NUMBER: 11808689)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025


7. LOANS

An analysis of the maturity of loans is given below:

28.2.25 28.2.24
£    £   
Amounts falling due within one year or on demand:
Bank loan 10,000 10,000

Amounts falling due between one and two years:
Bank loan 5,833 18,875

The amount of £36,020 (2022: £46,672) included in creditors is subject to a UK Government guarantee. The facility is provided through the Bounce Back Loan Scheme (BBLS), managed by the British Business Bank on behalf of and with the financial backing of the Secretary of State for Business, Energy and Industrial Strategy. The BBLS guarantee is provided to the lender.

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.25 28.2.24
value: £    £   
99 Ordinary £1 99 99
1 A ordinary £1 1 1
100 100