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REGISTERED NUMBER: 12279842 (England and Wales)















Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 March 2025

for

GUEST & JONES LTD

GUEST & JONES LTD (Registered number: 12279842)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Report of the Directors 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


GUEST & JONES LTD

Company Information
for the Year Ended 31 March 2025







DIRECTORS: S V GUEST
M L JONES





SECRETARY: MERLIN BUSINESS SERVICES UK LTD





REGISTERED OFFICE: STAFFORDSHIRE KNOT
PINFOLD STREET
WEDNESBURY
WS10 8TE





REGISTERED NUMBER: 12279842 (England and Wales)





ACCOUNTANTS: MERLIN ACCOUNTANCY & PAYROLE SERVICES LTD
STAFFORDSHIRE KNOT
PINFOLD STREET
WEDNESBURY
WS10 8TE

GUEST & JONES LTD (Registered number: 12279842)

Report of the Directors
for the Year Ended 31 March 2025

The directors present their report with the financial statements of the company for the year ended 31 March 2025.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 April 2024 to the date of this report.

S V GUEST
M L JONES

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





S V GUEST - Director


1 June 2025

GUEST & JONES LTD (Registered number: 12279842)

Income Statement
for the Year Ended 31 March 2025

31/3/25 31/3/24
Notes £    £   

TURNOVER 169,645 219,281

Cost of sales 107,595 175,386
GROSS PROFIT 62,050 43,895

Administrative expenses 43,378 35,602
OPERATING PROFIT 4 18,672 8,293

Interest receivable and similar income 464 -
PROFIT BEFORE TAXATION 19,136 8,293

Tax on profit 4,192 2,066
PROFIT FOR THE FINANCIAL YEAR 14,944 6,227

GUEST & JONES LTD (Registered number: 12279842)

Balance Sheet
31 March 2025

31/3/25 31/3/24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 16,167 20,667

CURRENT ASSETS
Debtors 6 29,477 29,898
Cash at bank and in hand 17,582 19,695
47,059 49,593
CREDITORS
Amounts falling due within one year 7 7,542 3,520
NET CURRENT ASSETS 39,517 46,073
TOTAL ASSETS LESS CURRENT LIABILITIES 55,684 66,740

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 55,682 66,738
55,684 66,740

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

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

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 1 June 2025 and were signed on its behalf by:





S V GUEST - Director


GUEST & JONES LTD (Registered number: 12279842)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

GUEST & JONES LTD 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 2 (2024 - 2 ) .

4. OPERATING PROFIT

The operating profit is stated after charging:

31/3/25 31/3/24
£    £   
Depreciation - owned assets 4,500 4,500

GUEST & JONES LTD (Registered number: 12279842)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024
and 31 March 2025 32,667
DEPRECIATION
At 1 April 2024 12,000
Charge for year 4,500
At 31 March 2025 16,500
NET BOOK VALUE
At 31 March 2025 16,167
At 31 March 2024 20,667

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/25 31/3/24
£    £   
Trade debtors 4,033 (102 )
CIS Tax suffered 23,779 27,123
VAT 1,665 2,877
29,477 29,898

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/25 31/3/24
£    £   
Trade creditors 5 6
Tax 4,192 2,066
Directors' current accounts 2,070 198
Accrued expenses 1,275 1,250
7,542 3,520