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REGISTERED NUMBER: 16007435 (England and Wales)














Financial Statements

for the Period 9 October 2024 to 31 March 2025

for

J. Davidson Scrap Metal Processors
(Northwich) Limited

J. Davidson Scrap Metal Processors
(Northwich) Limited (Registered number: 16007435)






Contents of the Financial Statements
for the Period 9 October 2024 to 31 March 2025




Page

Balance Sheet 1

Notes to the Financial Statements 2


J. Davidson Scrap Metal Processors
(Northwich) Limited (Registered number: 16007435)

Balance Sheet
31 March 2025

Notes £    £   
FIXED ASSETS
Intangible assets 4 1,102,097
Tangible assets 5 93,415
1,195,512

CURRENT ASSETS
Stocks 17,243
Debtors 6 124,935
Cash at bank and in hand 88,645
230,823
CREDITORS
Amounts falling due within one year 7 1,467,947
NET CURRENT LIABILITIES (1,237,124 )
TOTAL ASSETS LESS CURRENT LIABILITIES (41,612 )

PROVISIONS FOR LIABILITIES 23,354
NET LIABILITIES (64,966 )

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings (65,066 )
(64,966 )

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 25 July 2025 and were signed by:





Mr J A Davidson - Director


J. Davidson Scrap Metal Processors
(Northwich) Limited (Registered number: 16007435)

Notes to the Financial Statements
for the Period 9 October 2024 to 31 March 2025

1. STATUTORY INFORMATION

J. Davidson Scrap Metal Processors (Northwich) 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: 16007435

Registered office: 35 Craven Road
Broadheath
Altrincham
Cheshire
WA14 5HD

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.

The financial statements have been prepared on a going concern basis on the assumption of the continued support of its parent and fellow subsidiary companies.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue for the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue is recognised only to the extent that is probable the expenses recognised will be recovered. All turnover for the company took place within UK.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business, is being amortised evenly over its estimated useful life of 10 years, a period deemed appropriate by the directors.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 25% on reducing balance
Fixtures and fittings - 15% 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.

J. Davidson Scrap Metal Processors
(Northwich) Limited (Registered number: 16007435)

Notes to the Financial Statements - continued
for the Period 9 October 2024 to 31 March 2025

2. ACCOUNTING POLICIES - continued

Taxation
Taxation for the period 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 period 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 period was 1 .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 1,140,100
At 31 March 2025 1,140,100
AMORTISATION
Amortisation for period 38,003
At 31 March 2025 38,003
NET BOOK VALUE
At 31 March 2025 1,102,097

J. Davidson Scrap Metal Processors
(Northwich) Limited (Registered number: 16007435)

Notes to the Financial Statements - continued
for the Period 9 October 2024 to 31 March 2025

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
Additions 102,400 7,500 109,900
At 31 March 2025 102,400 7,500 109,900
DEPRECIATION
Charge for period 15,360 1,125 16,485
At 31 March 2025 15,360 1,125 16,485
NET BOOK VALUE
At 31 March 2025 87,040 6,375 93,415

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 111,163
Amounts owed by group undertakings 10,711
Other debtors 3,061
124,935

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 12,696
Amounts owed to group undertakings 796,968
Taxation and social security 52,283
Other creditors 606,000
1,467,947

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Jeremy Bostock BA (Hons) BFP FCA (Senior Statutory Auditor)
for and on behalf of Thompson Wright (Audit) Limited

9. ULTIMATE CONTROLLING PARTY

The parent company and ultimate controlling party is J Davidson (Holdings) Limited, a company registered in England and Wales. Copies of the consolidated financial statements of the group, in which the company is included, are available from its registered office: 35 Craven Road, Broadheath, Altrincham, Cheshire, WA14 5HD.