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REGISTERED NUMBER: 07816359 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 October 2024

for

L & J JONES LIMITED

L & J JONES LIMITED (REGISTERED NUMBER: 07816359)

Contents of the Financial Statements
for the Year Ended 31 October 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


L & J JONES LIMITED

Company Information
for the Year Ended 31 October 2024







Directors: E L Unwin
Mrs J M Unwin





Registered office: Dunbar Farm
Little Ees Lane
Sale
Cheshire
M33 5GT





Registered number: 07816359 (England and Wales)





Accountants: S&W Partners (Manchester) Limited
Accountants
Northern Assurance Buildings
9-21 Princess Street
Manchester
M2 4DN

L & J JONES LIMITED (REGISTERED NUMBER: 07816359)

Balance Sheet
31 October 2024

2024 2023
Notes £    £    £   
Fixed assets
Tangible assets 5 607,631 465,949

Current assets
Stocks 279,526 243,100
Debtors 6 749,893 815,899
Cash at bank 590,820 671,991
1,620,239 1,730,990
Creditors
Amounts falling due within one year 7 571,361 419,135
Net current assets 1,048,878 1,311,855
Total assets less current liabilities 1,656,509 1,777,804

Provisions for liabilities 129,955 104,052
Net assets 1,526,554 1,673,752

Capital and reserves
Called up share capital 8 200 200
Retained earnings 1,526,354 1,673,552
Shareholders' funds 1,526,554 1,673,752

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 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.

L & J JONES LIMITED (REGISTERED NUMBER: 07816359)

Balance Sheet - continued
31 October 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 Board of Directors and authorised for issue on 29 July 2025 and were signed on its behalf by:





Mrs J M Unwin - Director


L & J JONES LIMITED (REGISTERED NUMBER: 07816359)

Notes to the Financial Statements
for the Year Ended 31 October 2024


1. Statutory information

L & J Jones 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. Statement of compliance

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. .

3. Accounting policies

Basis of preparing the financial statements
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.
Freehold property - Straight line over 30 years
Tractors & Trailers - 20% on reducing balance
Skips & Equipment - 20% on reducing balance
Motor vehicles - 20% 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 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.

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.

L & J JONES LIMITED (REGISTERED NUMBER: 07816359)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024


3. Accounting policies - continued

Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the Profit and Loss Account in administrative expenses.

4. Employees and directors

The average number of employees during the year was 7 (2023 - 7 ) .

5. Tangible fixed assets
Freehold Tractors Skips & Motor
property & Trailers Equipment vehicles Totals
£    £    £    £    £   
Cost
At 1 November 2023 104,477 365,504 126,752 514,607 1,111,340
Additions - 96,800 41,500 177,208 315,508
Disposals - (81,500 ) - (8,000 ) (89,500 )
At 31 October 2024 104,477 380,804 168,252 683,815 1,337,348
Depreciation
At 1 November 2023 6,965 192,900 92,380 353,146 645,391
Charge for year 3,483 49,447 18,853 48,983 120,766
Eliminated on disposal - (32,600 ) - (3,840 ) (36,440 )
At 31 October 2024 10,448 209,747 111,233 398,289 729,717
Net book value
At 31 October 2024 94,029 171,057 57,019 285,526 607,631
At 31 October 2023 97,512 172,604 34,372 161,461 465,949

6. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 689,180 729,430
Other debtors 60,713 86,469
749,893 815,899

7. Creditors: amounts falling due within one year
2024 2023
£    £   
Trade creditors 488,604 369,436
Taxation and social security 10,191 43,097
Other creditors 72,566 6,602
571,361 419,135

L & J JONES LIMITED (REGISTERED NUMBER: 07816359)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024


8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 A Ordinary £1 100 100
100 B Ordinary £1 100 100
200 200

9. Directors' advances, credits and guarantees

The directors operate a joint current account with the company which is interest free and repayable on demand.The balance owed (to)/ by the directors at the year end was £19,958 - 2023: £79,337