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REGISTERED NUMBER: 01405012 (England and Wales)
















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Jack Poulton and Sons Limited

Jack Poulton and Sons Limited (Registered number: 01405012)






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




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Jack Poulton and Sons Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: S J Poulton
T M W Poulton





REGISTERED OFFICE: Home Farm
Aspenden Road
Buntingford
Hertfordshire
SG9 9PB





REGISTERED NUMBER: 01405012 (England and Wales)





ACCOUNTANTS: Hardcastle Burton LLP
Lake House
Market Hill
Royston
Hertfordshire
SG8 9JN

Jack Poulton and Sons Limited (Registered number: 01405012)

Abridged Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 152,542 269,378

CURRENT ASSETS
Stocks 50,570 59,736
Debtors 285,419 390,567
Cash at bank and in hand 105 124
336,094 450,427
CREDITORS
Amounts falling due within one year 429,967 636,212
NET CURRENT LIABILITIES (93,873 ) (185,785 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

58,669

83,593

CREDITORS
Amounts falling due after more than one
year

-

(20,274

)

PROVISIONS FOR LIABILITIES 5 (32,178 ) (61,387 )
NET ASSETS 26,491 1,932

CAPITAL AND RESERVES
Called up share capital 6 1,000 1,000
Retained earnings 25,491 932
SHAREHOLDERS' FUNDS 26,491 1,932

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.

Jack Poulton and Sons Limited (Registered number: 01405012)

Abridged Balance Sheet - continued
31 March 2025


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 July 2025 and were signed on its behalf by:




T M W Poulton - Director



S J Poulton - Director


Jack Poulton and Sons Limited (Registered number: 01405012)

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

1. STATUTORY INFORMATION

Jack Poulton and Sons 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

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 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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Jack Poulton and Sons Limited (Registered number: 01405012)

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

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 15 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2024 1,150,044
Additions 650
Disposals (155,975 )
At 31 March 2025 994,719
DEPRECIATION
At 1 April 2024 880,666
Charge for year 88,160
Eliminated on disposal (126,649 )
At 31 March 2025 842,177
NET BOOK VALUE
At 31 March 2025 152,542
At 31 March 2024 269,378

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 April 2024 322,574
Transfer to ownership (155,975 )
At 31 March 2025 166,599
DEPRECIATION
At 1 April 2024 235,939
Charge for year 41,649
Transfer to ownership (117,950 )
At 31 March 2025 159,638
NET BOOK VALUE
At 31 March 2025 6,961
At 31 March 2024 86,635

Jack Poulton and Sons Limited (Registered number: 01405012)

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

5. PROVISIONS FOR LIABILITIES
31.3.25 31.3.24
£    £   
Deferred tax 32,178 61,387

Deferred
tax
£   
Balance at 1 April 2024 61,387
Provided during year (29,209 )
Balance at 31 March 2025 32,178

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
600 Ordinary A 1 600 600
400 Ordinary B 1 400 400
1,000 1,000