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REGISTERED NUMBER: 12857567 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

J C & S K WILLIAMS LTD

J C & S K WILLIAMS LTD (REGISTERED NUMBER: 12857567)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


J C & S K WILLIAMS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: Edward Williams
Bethan Jane Williams





REGISTERED OFFICE: Beacon Farm
Coldblow
Woodchurch
Ashford
Kent
TN26 3PL





REGISTERED NUMBER: 12857567 (England and Wales)





ACCOUNTANTS: Walter Dawson & Son
Chartered Accountants
1 Valley Court
Canal Road
Bradford
West Yorkshire
BD1 4SP

J C & S K WILLIAMS LTD (REGISTERED NUMBER: 12857567)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,530,069 1,503,670
Investments 5 100 100
Herd basis 6 178,175 175,928
1,708,344 1,679,698

CURRENT ASSETS
Stocks 132,112 133,579
Debtors 7 62,933 47,138
Cash at bank 138,113 57,392
333,158 238,109
CREDITORS
Amounts falling due within one year 8 679,947 693,789
NET CURRENT LIABILITIES (346,789 ) (455,680 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,361,555

1,224,018

CREDITORS
Amounts falling due after more than
one year

9

(668,953

)

(730,298

)

PROVISIONS FOR LIABILITIES (110,461 ) (103,105 )
NET ASSETS 582,141 390,615

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 582,041 390,515
582,141 390,615

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

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

J C & S K WILLIAMS LTD (REGISTERED NUMBER: 12857567)

BALANCE SHEET - continued
31 DECEMBER 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 July 2025 and were signed on its behalf by:





Bethan Jane Williams - Director


J C & S K WILLIAMS LTD (REGISTERED NUMBER: 12857567)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

J C & S K Williams 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.
Freehold property - 2% on cost
Plant and machinery - 10% on reducing balance
Motor vehicles - 10% 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 Profit and loss account, 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.

J C & S K WILLIAMS LTD (REGISTERED NUMBER: 12857567)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

2. ACCOUNTING POLICIES - continued

Income recognition
Revenue is recognised to the extent that is probable that the economic benefits will flow to the company and revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Hire purchase commitments
Tangible fixed assets acquired under finance leases or hire purchase contracts are capitalised and depreciated in the same manner as other tangible fixed assets. The related obligations, net of future charges, are included in creditors.

Finance costs of debt
The finance costs of debt, including interest and issue costs, are allocated to each period over the term of the debt and charged to the profit and loss account at a constant rate on the outstanding amount.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Freehold Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST
At 1 January 2024 1,097,303 435,520 117,865 1,650,688
Additions - 61,453 53,000 114,453
Disposals - (3,750 ) (41,000 ) (44,750 )
At 31 December 2024 1,097,303 493,223 129,865 1,720,391
DEPRECIATION
At 1 January 2024 6,052 112,345 28,621 147,018
Charge for year 3,026 38,191 10,904 52,121
Eliminated on disposal - (1,027 ) (7,790 ) (8,817 )
At 31 December 2024 9,078 149,509 31,735 190,322
NET BOOK VALUE
At 31 December 2024 1,088,225 343,714 98,130 1,530,069
At 31 December 2023 1,091,251 323,175 89,244 1,503,670

J C & S K WILLIAMS LTD (REGISTERED NUMBER: 12857567)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 January 2024
and 31 December 2024 100
NET BOOK VALUE
At 31 December 2024 100
At 31 December 2023 100

6. HERD BASIS
Herd
basis
£   
COST
At 1 January 2024
and 31 December 2024 178,175
NET BOOK VALUE
At 31 December 2024 178,175
At 31 December 2023 178,175

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 35,789 26,555
Other debtors 27,144 20,583
62,933 47,138

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 61,258 59,210
Trade creditors 39,549 69,988
Taxation and social security 57,078 24,675
Other creditors 522,062 539,916
679,947 693,789

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 668,953 730,298

J C & S K WILLIAMS LTD (REGISTERED NUMBER: 12857567)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2024 2023
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans 668,953 730,298

10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 730,211 789,508

The obligations under hire purchase contracts are secured by a charge on the assets purchased under the agreements.

The company has a bounce back loan of £33,116 (2022: £38,261) which is unsecured but it is supported by a government guarantee.