PTP Accounts Production v23.1.5.20 04087546 director 1.4.24 31.3.25 31.3.25 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh040875462024-03-31040875462025-03-31040875462024-04-012025-03-31040875462023-03-31040875462023-04-012024-03-31040875462024-03-3104087546ns15:EnglandWales2024-04-012025-03-3104087546ns14:PoundSterling2024-04-012025-03-3104087546ns10:Director12024-04-012025-03-3104087546ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3104087546ns10:SmallEntities2024-04-012025-03-3104087546ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-3104087546ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3104087546ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3104087546ns10:FullAccounts2024-04-012025-03-3104087546ns10:OrdinaryShareClass12024-04-012025-03-3104087546ns10:RegisteredOffice2024-04-012025-03-3104087546ns5:CurrentFinancialInstruments2025-03-3104087546ns5:CurrentFinancialInstruments2024-03-3104087546ns5:ShareCapital2025-03-3104087546ns5:ShareCapital2024-03-3104087546ns5:RetainedEarningsAccumulatedLosses2025-03-3104087546ns5:RetainedEarningsAccumulatedLosses2024-03-3104087546ns5:PlantMachinery2024-04-012025-03-3104087546ns5:PlantMachinery2024-03-3104087546ns5:PlantMachinery2025-03-3104087546ns5:PlantMachinery2024-03-3104087546ns5:CurrentFinancialInstrumentsns5:WithinOneYear2025-03-3104087546ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3104087546ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2025-03-3104087546ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2024-03-3104087546ns10:OrdinaryShareClass12025-03-3104087546ns5:RetainedEarningsAccumulatedLosses2024-03-3104087546ns5:RetainedEarningsAccumulatedLosses2024-04-012025-03-31040875461ns10:Director12024-03-31040875461ns10:Director12023-03-31040875461ns10:Director12024-04-012025-03-31040875461ns10:Director12023-04-012024-03-31040875461ns10:Director12025-03-31040875461ns10:Director12024-03-31
REGISTERED NUMBER: 04087546 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

John Papworth Limited

John Papworth Limited (Registered number: 04087546)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


John Papworth Limited

Company Information
for the Year Ended 31 March 2025







DIRECTOR: J R Papworth





REGISTERED OFFICE: 19, Greenacres
Puriton
Bridgwater
Somerset
TA7 8FN





REGISTERED NUMBER: 04087546 (England and Wales)





ACCOUNTANTS: Lawson & Co.
18, The Lagger
Chalfont St. Giles
Bucks.
HP8 4DG

John Papworth Limited (Registered number: 04087546)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 992 1,520

CURRENT ASSETS
Debtors 5 423,757 495,555
Cash at bank 188,349 150,109
612,106 645,664
CREDITORS
Amounts falling due within one year 6 143,379 101,208
NET CURRENT ASSETS 468,727 544,456
TOTAL ASSETS LESS CURRENT
LIABILITIES

469,719

545,976

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 8 469,718 545,975
SHAREHOLDERS' FUNDS 469,719 545,976

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 director acknowledges his 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 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 director and authorised for issue on 31 July 2025 and were signed by:





J R Papworth - Director


John Papworth Limited (Registered number: 04087546)

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

1. STATUTORY INFORMATION

John Papworth 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. 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 etc - 25% on reducing balance

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

John Papworth Limited (Registered number: 04087546)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024 3,674
Disposals (988 )
At 31 March 2025 2,686
DEPRECIATION
At 1 April 2024 2,154
Charge for year 330
Eliminated on disposal (790 )
At 31 March 2025 1,694
NET BOOK VALUE
At 31 March 2025 992
At 31 March 2024 1,520

5. DEBTORS
31.3.25 31.3.24
£    £   
Amounts falling due within one year:
Trade debtors 110,937 193,453
Other debtors 242,820 232,102
353,757 425,555

Amounts falling due after more than one year:
Other debtors 70,000 70,000

Aggregate amounts 423,757 495,555

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Taxation and social security 58,551 68,918
Other creditors 84,828 32,290
143,379 101,208

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
1 Ordinary £1 1 1

John Papworth Limited (Registered number: 04087546)

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

8. RESERVES
Retained
earnings
£   

At 1 April 2024 545,975
Profit for the year 153,743
Dividends (230,000 )
At 31 March 2025 469,718

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25 31.3.24
£    £   
J R Papworth
Balance outstanding at start of year 211,980 103,788
Amounts advanced - 108,192
Amounts repaid (34,114 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 177,866 211,980

10. RELATED PARTY DISCLOSURES

The company is controlled by director and shareholder Mr. J. Papworth.

During the year the director, in his capacity as a shareholder, has received dividends amounting to £230,000 (2024: £260,000).