| REGISTERED NUMBER: |
| Financial Statements |
| for the Period 9 October 2024 to 31 March 2025 |
| for |
| J. Davidson Scrap Metal Processors |
| (Northwich) Limited |
| REGISTERED NUMBER: |
| 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 |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 6 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT LIABILITIES | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES | ( |
) |
| PROVISIONS FOR LIABILITIES |
| NET LIABILITIES | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) |
| ( |
) |
| The financial statements were approved by the director and authorised for issue on |
| 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 |
| Registered number: |
| Registered office: |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| 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 |
| Plant and machinery | - |
| Fixtures and fittings | - |
| 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 |
| 4. | INTANGIBLE FIXED ASSETS |
| Goodwill |
| £ |
| COST |
| Additions |
| At 31 March 2025 |
| AMORTISATION |
| Amortisation for period |
| At 31 March 2025 |
| NET BOOK VALUE |
| At 31 March 2025 |
| 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 |
| At 31 March 2025 |
| DEPRECIATION |
| Charge for period |
| At 31 March 2025 |
| NET BOOK VALUE |
| At 31 March 2025 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| £ |
| Trade debtors |
| Amounts owed by group undertakings |
| Other debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| £ |
| Trade creditors |
| Amounts owed to group undertakings |
| Taxation and social security |
| Other creditors |
| 8. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
| The Report of the Auditors was unqualified. |
| for and on behalf of |
| 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. |