00791917falseironmongers and kitchen shop2024-02-012025-01-31http://www.companieshouse.gov.uk/2024-01-31http://www.companieshouse.gov.uk/pt:PlantMachinery2024-01-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-01-31http://www.companieshouse.gov.uk/cd:Director12024-02-012025-01-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2024-01-31http://www.companieshouse.gov.uk/pt:PlantMachinery2025-01-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-01-31http://www.companieshouse.gov.uk/cd:Director22024-02-012025-01-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-01-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2025-01-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2025-01-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-02-012025-01-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-02-012025-01-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-02-012025-01-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-01-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-01-31http://www.companieshouse.gov.uk/2024-02-012025-01-31http://www.companieshouse.gov.uk/2024-01-31http://www.companieshouse.gov.uk/cd:FRS1022024-02-012025-01-31http://www.companieshouse.gov.uk/2025-01-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-02-012025-01-31http://www.companieshouse.gov.uk/pt:LandBuildings2024-01-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-02-012025-01-31http://www.companieshouse.gov.uk/pt:LandBuildings2025-01-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 00791917

E.J. Tong & Sons (Retail) Limited

ACCOUNTS
FOR THE YEAR ENDED 31/01/2025

Prepared By:
Greenhalgh Johnson Limited
Elland House
22 High Street Burgh le Marsh
Skegness
Lincs
PE24 5JT

E.J. Tong & Sons (Retail) Limited

ACCOUNTS
FOR THE YEAR ENDED 31/01/2025
DIRECTORS
Mark Tong
Tracey Jane Tong
REGISTERED OFFICE
1 High Street
Spilsby
Spilsby
Lincolnshire
PE23 5JH
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 00791917
BANKERS
The Co-operative Bank
ACCOUNTANTS
Greenhalgh Johnson Limited
Elland House
22 High Street Burgh le Marsh
Skegness
Lincs
PE24 5JT

E.J. Tong & Sons (Retail) Limited

ACCOUNTS
FOR THEYEARENDED31/01/2025
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts5
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

E.J. Tong & Sons (Retail) Limited

BALANCE SHEET AT 31/01/2025
20252024
Notes££
FIXED ASSETS
Tangible assets395,33096,683
CURRENT ASSETS
Stock122,129131,822
Debtors515,74217,307
Cash at bank and in hand71,13357,734
209,004206,863
CREDITORS: Amounts falling due within one year6103,39996,221
NET CURRENT ASSETS105,605110,642
TOTAL ASSETS LESS CURRENT LIABILITIES200,935207,325
PROVISIONS FOR LIABILITIES AND CHARGES71,1371,492
NET ASSETS199,798205,833
CAPITAL AND RESERVES
Called up share capital86,0006,000
Revaluation reserve1d,984,00084,000
Profit and loss account109,798115,833
SHAREHOLDERS' FUNDS199,798205,833

E.J. Tong & Sons (Retail) Limited

BALANCE SHEET AT 31/01/2025
For the year ending 31/01/2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 12/08/2025 and signed on their behalf by
.............................
Mark Tong
Director
.............................
Tracey Jane Tong
Director

E.J. Tong & Sons (Retail) Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/01/2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
Commercial Vehiclesreducing balance 25%
Fixtures and Fittingsreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Revaluation Reserve
Surpluses or deficits arising on the revaluation of individual fixed assets other than investment properties are credited or debited to a non-distributible reserve known as the revaluation reserve (see also note 9).
Revaluation deficits in excess of the amount of prior revaluation surpluses on the same asset are charged to the profit and loss account.
2. EMPLOYEES
20252024
No.No.
Average number of employees75

E.J. Tong & Sons (Retail) Limited

3. TANGIBLE FIXED ASSETS
Land AndPlant andCommercialFixtures
BuildingsMachineryVehiclesand FittingsTotal
£££££
Cost
At 01/02/202491,0008,11111,29520,759131,165
At 31/01/202591,0008,11111,29520,759131,165
Depreciation
At 01/02/2024-7,4987,72119,26334,482
For the year-1278943321,353
At 31/01/2025-7,6258,61519,59535,835
Net Book Amounts
At 31/01/202591,0004862,6801,16495,330
At 31/01/202491,0006133,5741,49696,683
4. STOCK 20252024
££
Stock comprises:
Stock122,129131,822
122,129131,822
5. DEBTORS 20252024
££
Amounts falling due within one year
Trade debtors13,66816,874
Prepayments131433
13,79917,307
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
UK corporation tax11,47211,854
VAT8,9399,308
PAYE control370504
Salaries and wages control193-
Directors current account50,04349,723
Trade creditors Posting Account29,92221,896
Trade creditors adjustment-233
Accruals2,4602,703
103,39996,221

E.J. Tong & Sons (Retail) Limited

7. PROVISIONS FOR LIABILITIES 20252024
££
Deferred taxation1,1371,492
1,1371,492
8. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
6000 Ordinary shares of £1 each60006000
6,0006,000
9. REVALUATION RESERVE 20252024
££
Revaluation reserve84,00084,000
84,00084,000
10. CONTROLLING PARTY
The directors are considered to be the ultimate controlling party by virtue of their ability to act in concert in respect of the operational and financial policies of the company.