IRIS Accounts Production v25.2.0.378 00448163 Board of Directors 1.1.24 31.12.24 31.12.24 false true false false true false Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 00448163 2023-12-31 00448163 2024-12-31 00448163 2024-01-01 2024-12-31 00448163 2022-12-31 00448163 2023-01-01 2023-12-31 00448163 2023-12-31 00448163 ns15:EnglandWales 2024-01-01 2024-12-31 00448163 ns14:PoundSterling 2024-01-01 2024-12-31 00448163 ns10:Director1 2024-01-01 2024-12-31 00448163 ns10:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 00448163 ns10:SmallEntities 2024-01-01 2024-12-31 00448163 ns10:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 00448163 ns10:SmallCompaniesRegimeForDirectorsReport 2024-01-01 2024-12-31 00448163 ns10:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 00448163 ns10:FullAccounts 2024-01-01 2024-12-31 00448163 ns10:OrdinaryShareClass1 2024-01-01 2024-12-31 00448163 ns10:Director3 2024-01-01 2024-12-31 00448163 ns10:CompanySecretary1 2024-01-01 2024-12-31 00448163 ns10:RegisteredOffice 2024-01-01 2024-12-31 00448163 ns5:CurrentFinancialInstruments 2024-12-31 00448163 ns5:CurrentFinancialInstruments 2023-12-31 00448163 ns5:Non-currentFinancialInstruments 2024-12-31 00448163 ns5:Non-currentFinancialInstruments 2023-12-31 00448163 ns5:ShareCapital 2024-12-31 00448163 ns5:ShareCapital 2023-12-31 00448163 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 00448163 ns5:RetainedEarningsAccumulatedLosses 2023-12-31 00448163 ns5:LandBuildings 2024-01-01 2024-12-31 00448163 ns5:PlantMachinery 2024-01-01 2024-12-31 00448163 ns5:LandBuildings 2023-12-31 00448163 ns5:PlantMachinery 2023-12-31 00448163 ns5:LandBuildings 2024-12-31 00448163 ns5:PlantMachinery 2024-12-31 00448163 ns5:LandBuildings 2023-12-31 00448163 ns5:PlantMachinery 2023-12-31 00448163 ns5:PlantMachinery ns5:LeasedAssetsHeldAsLessee 2023-12-31 00448163 ns5:PlantMachinery ns5:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 00448163 ns5:PlantMachinery ns5:LeasedAssetsHeldAsLessee 2024-12-31 00448163 ns5:PlantMachinery ns5:LeasedAssetsHeldAsLessee 2023-12-31 00448163 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 00448163 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2023-12-31 00448163 ns5:Secured 2024-12-31 00448163 ns5:Secured 2023-12-31 00448163 ns10:OrdinaryShareClass1 2024-12-31 00448163 3 ns10:Director3 2023-12-31 00448163 3 ns10:Director3 2022-12-31 00448163 3 ns10:Director3 2024-01-01 2024-12-31 00448163 3 ns10:Director3 2023-01-01 2023-12-31 00448163 3 ns10:Director3 2024-12-31 00448163 3 ns10:Director3 2023-12-31 00448163 ns10:Director2 2024-01-01 2024-12-31 00448163 ns10:Director2 2 2023-12-31 00448163 ns10:Director2 2 2022-12-31 00448163 ns10:Director2 2 2024-01-01 2024-12-31 00448163 ns10:Director2 2 2023-01-01 2023-12-31 00448163 ns10:Director2 2 2024-12-31 00448163 ns10:Director2 2 2023-12-31 00448163 1 ns10:Director1 2023-12-31 00448163 1 ns10:Director1 2022-12-31 00448163 1 ns10:Director1 2024-01-01 2024-12-31 00448163 1 ns10:Director1 2023-01-01 2023-12-31 00448163 1 ns10:Director1 2024-12-31 00448163 1 ns10:Director1 2023-12-31

REGISTERED NUMBER: 00448163 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

J. BRADNAM AND SONS LIMITED

J. BRADNAM AND SONS LIMITED (REGISTERED NUMBER: 00448163) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| J. BRADNAM AND SONS LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2024

| DIRECTORS: | S J Mayes

| D Mayes

| SECRETARY: | Mrs G M Mayes

| REGISTERED OFFICE: | Melbourne Bridge

| Witherfield

| Haverhill

| Suffolk

| CB9 7RR

| REGISTERED NUMBER: | 00448163 (England and Wales)

| ACCOUNTANT: | JDS Accounting

| & Tax Services Ltd

| 8 Long Pastures

| Glemsford

| Sudbury

| Suffolk

| CO10 7SS

J. BRADNAM AND SONS LIMITED (REGISTERED NUMBER: 00448163) |

BALANCE SHEET

31 DECEMBER 2024

| 31.12.24 | 31.12.23 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 462,091 |  | 509,768 |  |

CURRENT ASSETS

Stocks | 50,000 |  | 55,000 |  |

Debtors | 5 | 109,075 |  | 59,809 |  |

159,075 |  | 114,809 |  |

CREDITORS

Amounts falling due within one year | 6 | 413,770 |  | 344,310 |  |

NET CURRENT LIABILITIES | (254,695 | ) | (229,501 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 207,396 |  | 280,267 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (75,958 | ) | (101,386 | ) |

PROVISIONS FOR LIABILITIES | (8,255 | ) | (10,051 | ) |

NET ASSETS | 123,183 |  | 168,830 |  |

CAPITAL AND RESERVES

Called up share capital | 10 | 30,000 |  | 30,000 |  |

Retained earnings | 93,183 |  | 138,830 |  |

SHAREHOLDERS' FUNDS | 123,183 |  | 168,830 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

J. BRADNAM AND SONS LIMITED (REGISTERED NUMBER: 00448163) |

BALANCE SHEET - continued

31 DECEMBER 2024

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

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 10 September 2025 and were signed on its behalf by:

S J Mayes - Director

J. BRADNAM AND SONS LIMITED (REGISTERED NUMBER: 00448163) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1. | STATUTORY INFORMATION

| J. Bradnam 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.

| Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

| Sale of goods

| Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on the dispatch of the goods.

| Rendering of services

| When the outcome of a transaction can be estimated reliably, turnover from services is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to the estimated time spent and value of work performed.

| Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

| Interest and dividends receivable

| Interest income is recognised using the effective interest method and dividend income is recognised as the company's right to receive payment is established.

| 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.

| Land and buildings | - | 2% on cost

| Plant and machinery etc | - | 25% on Reducing balance

| Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

J. BRADNAM AND SONS LIMITED (REGISTERED NUMBER: 00448163) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

2. | ACCOUNTING POLICIES - continued

| Stocks

| Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

| 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.

| 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.

| Debtors and creditors receivable / payable within one year

| Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

| Loans and borrowings

| Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

J. BRADNAM AND SONS LIMITED (REGISTERED NUMBER: 00448163) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

2. | ACCOUNTING POLICIES - continued

| Impairment

| Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 8 (2023 - 10 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| COST

| At 1 January 2024 | 457,783 |  | 368,259 |  | 826,042 |  |

| Additions | - |  | 7,000 |  | 7,000 |  |

| Disposals | - |  | (71,180 | ) | (71,180 | ) |

| At 31 December 2024 | 457,783 |  | 304,079 |  | 761,862 |  |

| DEPRECIATION

| At 1 January 2024 | 40,908 |  | 275,366 |  | 316,274 |  |

| Charge for year | 8,776 |  | 24,311 |  | 33,087 |  |

| Eliminated on disposal | - |  | (49,590 | ) | (49,590 | ) |

| At 31 December 2024 | 49,684 |  | 250,087 |  | 299,771 |  |

| NET BOOK VALUE

| At 31 December 2024 | 408,099 |  | 53,992 |  | 462,091 |  |

| At 31 December 2023 | 416,875 |  | 92,893 |  | 509,768 |  |

| Included in cost of land and buildings is freehold land of £ 18,918 (2023 - £ 18,918 ) which is not depreciated.

J. BRADNAM AND SONS LIMITED (REGISTERED NUMBER: 00448163) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

4. | TANGIBLE FIXED ASSETS - continued

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

| Plant and

| machinery

| etc

£ |

| COST

| At 1 January 2024 | 103,999 |  |

| Additions | 7,000 |  |

| Disposals | (48,149 | ) |

| Transfer to ownership | (37,500 | ) |

| At 31 December 2024 | 25,350 |  |

| DEPRECIATION

| At 1 January 2024 | 62,130 |  |

| Charge for year | 9,701 |  |

| Eliminated on disposal | (28,260 | ) |

| Transfer to ownership | (28,601 | ) |

| At 31 December 2024 | 14,970 |  |

| NET BOOK VALUE

| At 31 December 2024 | 10,380 |  |

| At 31 December 2023 | 41,869 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.12.24 |  | 31.12.23

£ | £ |

| Trade debtors | 89,295 |  | 58,260 |  |

| Other debtors | 19,780 |  | 1,549 |  |

109,075 |  | 59,809 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.12.24 |  | 31.12.23

£ | £ |

| Bank loans and overdrafts | 60,964 |  | 65,015 |  |

| Hire purchase contracts (see note 8) | 3,314 |  | 34,524 |  |

| Trade creditors | 83,961 |  | 84,594 |  |

| Taxation and social security | 99,209 |  | 33,543 |  |

| Other creditors | 166,322 |  | 126,634 |  |

413,770 |  | 344,310 |  |

J. BRADNAM AND SONS LIMITED (REGISTERED NUMBER: 00448163) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.12.24 |  | 31.12.23

£ | £ |

| Bank loans | 71,747 |  | 99,682 |  |

| Hire purchase contracts (see note 8) | 4,211 |  | 1,704 |  |

75,958 |  | 101,386 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans | - |  | 6,448 |  |

8. | LEASING AGREEMENTS

|  | Non cancellable operating leases |  |

|  | 31.12.24 |  |  | 31.12.23 |  |

| Payable |  | £ |  |  | £ |  |

| Within one year |  | 5,855 |  |  | 10,766 |  |

| Between one and 2 years |  | 0 |  | 5,855 |  |

| Between two and five years |  | 0 |  |  | 0 |  |

|  | 16,621 |  |  | 16,621 |  |

9. | SECURED DEBTS

| The following secured debts are included within creditors:

| 31.12.24 |  | 31.12.23

£ | £ |

| Bank overdrafts | 35,046 |  | 32,842 |  |

| Bank loans | 97,665 |  | 131,855 |  |

| Hire purchase contracts | 7,525 |  | 36,228 |  |

140,236 |  | 200,925 |  |

| Bank loans and overdraft are secured by a charge over the company's freehold land and buildings and a debenture over the companies assets.

| Hire purchase and finance leases are secured on the assets which they are financing.

10. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.12.24 |  | 31.12.23

| value: | £ | £ |

| 30,000 | Ordinary | £1 | 30,000 |  | 30,000 |  |

J. BRADNAM AND SONS LIMITED (REGISTERED NUMBER: 00448163) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

11. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

| 31.12.24 |  | 31.12.23

£ | £ |

| D Mayes

| Balance outstanding at start of year | - |  | - |  |

| Amounts advanced | 9,065 |  | 15,855 |  |

| Amounts repaid | (1,111 | ) | (15,855 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 7,954 |  | - |  |

| R C Mayes

| Balance outstanding at start of year | - |  | - |  |

| Amounts advanced | 11,879 |  | 1,042 |  |

| Amounts repaid | (11,879 | ) | (1,042 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | - |  | - |  |

| S J Mayes

| Balance outstanding at start of year | - |  | - |  |

| Amounts advanced | 9,106 |  | 46,084 |  |

| Amounts repaid | (1,928 | ) | (46,084 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 7,178 |  | - |  |

| The above unsecured loan was provided an interest free basis, for which no repayment terms have been agreed.