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Company Registration No. 657027 (England and Wales)
Jones Bros.(B'ton)Limited Unaudited accounts for the year ended 31 May 2025
Jones Bros.(B'ton)Limited Company Information for the year ended 31 May 2025
Director
M E Jones
Secretary
A Jarrowson
Company Number
657027 (England and Wales)
Registered Office
10 Sackville Gardens Hove East Sussex BN3 4GH
Accountants
Maxwell-Gumbleton & Co. 1 West Street Lewes East Sussex BN7 2NZ
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Jones Bros.(B'ton)Limited Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
-
299
Investment property
5
1,155,000
1,155,000
1,155,000
1,155,299
Current assets
Debtors
6
139
139
Cash at bank and in hand
13,268
21,870
13,407
22,009
Creditors: amounts falling due within one year
7
(1,337)
(2,289)
Net current assets
12,070
19,720
Total assets less current liabilities
1,167,070
1,175,019
Provisions for liabilities
Deferred tax
(130,970)
(130,970)
Net assets
1,036,100
1,044,049
Capital and reserves
Called up share capital
8
6,000
6,000
Profit and loss account
1,030,100
1,038,049
Shareholders' funds
1,036,100
1,044,049
For the year ending 31 May 2025 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 August 2025 and were signed on its behalf by
M E Jones Director Company Registration No. 657027
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Jones Bros.(B'ton)Limited Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
Jones Bros.(B'ton)Limited is a private company, limited by shares, registered in England and Wales, registration number 657027. The registered office is 10 Sackville Gardens, Hove, East Sussex, BN3 4GH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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 represents the total value of rents receivable during the year and derives from the provision of services falling within the company's ordinary activities.Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Tangible fixed assets and depreciation
At each balance sheet date the Company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the Company estimates the recoverable amount of the cash generating unit to which the asset belongs. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% straight line
Computer equipment
3 year straight line
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Jones Bros.(B'ton)Limited Notes to the Accounts for the year ended 31 May 2025
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 June 2024
910
1,499
2,409
At 31 May 2025
910
1,499
2,409
Depreciation
At 1 June 2024
910
1,200
2,110
Charge for the year
-
299
299
At 31 May 2025
910
1,499
2,409
Net book value
At 31 May 2025
-
-
-
At 31 May 2024
-
299
299
5
Investment property
2025
£
Fair value at 1 June 2024
1,155,000
At 31 May 2025
1,155,000
The investment properties are included at open market valuation. The most recent valuation was performed by the director, M E Jones, in May 2025. Tangible fixed assets included at fair value would have been included on a historical cost basis of £366,349 (2024: £366,349) with no depreciation charged.
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Amounts due from group undertakings etc.
139
139
7
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
-
962
Other creditors
85
75
Accruals
1,252
1,252
1,337
2,289
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
6,000 Ordinary shares of £1 each
6,000
6,000
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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