2023-11-01 00592046 2024-10-31 00592046 2023-11-01 2024-10-31 00592046 2023-10-31 00592046 2022-11-01 2023-10-31 00592046 uk-core:WithinOneYear 2023-10-31 00592046 uk-core:WithinOneYear 2024-10-31 00592046 uk-core:AfterOneYear 2023-10-31 00592046 uk-core:AfterOneYear 2024-10-31 00592046 uk-core:ShareCapital 2024-10-31 00592046 uk-core:ShareCapital 2023-10-31 00592046 uk-core:RetainedEarningsAccumulatedLosses 2024-10-31 00592046 uk-core:RetainedEarningsAccumulatedLosses 2023-10-31 00592046 uk-bus:Director1 2023-11-01 2024-10-31 00592046 uk-core:Buildings 2023-11-01 2024-10-31 00592046 uk-core:PlantMachinery 2023-11-01 2024-10-31 00592046 uk-core:ToolsEquipment 2023-11-01 2024-10-31 00592046 uk-core:FurnitureFittings 2023-11-01 2024-10-31 00592046 uk-core:ToolsEquipment 2023-10-31 00592046 uk-core:FurnitureFittings 2023-10-31 00592046 uk-core:PlantMachinery 2023-10-31 00592046 uk-core:Buildings 2023-10-31 00592046 uk-core:PlantMachinery 2024-10-31 00592046 uk-core:FurnitureFittings 2024-10-31 00592046 uk-core:ToolsEquipment 2024-10-31 00592046 uk-core:Buildings 2024-10-31 00592046 uk-core:CostValuation 2023-10-31 00592046 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2023-10-31 00592046 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2024-10-31 00592046 uk-core:CostValuation 2024-10-31 00592046 uk-core:Non-currentFinancialInstruments 2024-10-31 00592046 uk-core:Non-currentFinancialInstruments 2023-10-31 00592046 uk-core:AfterOneYear uk-core:Secured 2024-10-31 00592046 uk-core:AfterOneYear uk-core:Secured 2023-10-31 iso4217:GBP xbrli:pure 00592046 uk-bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 00592046 uk-bus:FRS102 2023-11-01 2024-10-31 00592046 uk-bus:FullAccounts 2023-11-01 2024-10-31 00592046 uk-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31
James Bros (Milford Haven) Limited
Registered Number:00592046
For the year ended 31 October 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 October 2024
James Bros (Milford Haven) Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
00592046
As at 31 October 2024
James Bros (Milford Haven) Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
15,978
14,759
2
Financial assets
50
50
3
16,028
14,809
Current assets
Inventories
44,070
52,653
4
Trade and other receivables
1,362
149
5
6,077
Cash and cash equivalents
5,708
58,510
51,509
Trade and other payables: amounts falling due within one
year
(63,434)
(87,377)
6
(11,925)
(28,867)
Net current liabilities
Total assets less current liabilities
(12,839)
2,884
Trade and other payables: amounts falling due after more
than one year
(4,711)
(974)
7
(13,813)
Net liabilities
(1,827)
Capital and reserves
Called up share capital
1,000
1,000
Retained earnings
(14,813)
(2,827)
(13,813)
(1,827)
Shareholders' funds
For the year ended 31 October 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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4
Registered Number :
00592046
For the year ended 31 October 2024
James Bros (Milford Haven) Limited
Statement of Financial Position Continued
Mr M F James Director
These financial statements were approved and authorised for issue by the Board on 19 March 2025 and were signed by:
The notes form part of these financial statements
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5
For the year ended 31 October 2024
James Bros (Milford Haven) Limited
Notes to the Financial Statements
Statutory Information
James Bros (Milford Haven) Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 00592046.
Registered address:
Sunnyhill
Castle Pill Road, Steynton
Milford Haven
Pembrokeshire
SA73 1HE
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and buildings
10 Reducing balance
Plant and machinery
15 Reducing balance
15 Reducing balance
Computer equipment
15 Reducing balance
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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6
For the year ended 31 October 2024
James Bros (Milford Haven) Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
Plant and
machinery
Land and
buildings
£
£
£
£
£
Cost or
valuation
At 01 November 2023
41,735
1,942
-
25,208
14,585
4,208
-
708
3,500
-
Additions
At 31 October 2024
28,708
708
1,942
45,943
14,585
Provision for depreciation and impairment
At 01 November 2023
26,976
1,819
-
19,325
5,832
Charge for year
2,989
18
106
1,407
1,458
At 31 October 2024
29,965
1,837
106
20,732
7,290
At 31 October 2024
Net book value
7,295
7,976
602
105
15,978
At 31 October 2023
8,753
5,883
-
123
14,759
3. Investments held as fixed assets
Other investments
Total
At 01 November 2023
50
50
Cost
£
£
At 31 October 2024
50
50
At 31 October 2024
Net book value
50
50
At 01 November 2023
50
50
Dairy Production Herd
4. Inventories
2023
2024
£
£
Stocks
52,653
44,070
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7
For the year ended 31 October 2024
James Bros (Milford Haven) Limited
Notes to the Financial Statements Continued
5. Trade and other receivables
2023
2024
£
£
Other debtors
149
1,362
6. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
1,032
137
Taxation and social security
1
382
Other creditors
86,344
62,915
87,377
63,434
7. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
974
4,711
8. Average number of persons employed
During the year the average number of employees was 1 (2023 : 1)
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