John Bradshaw And Son Limited 31/03/2025 iXBRL

Company registration number: 719614

John Bradshaw And Son Limited

Unaudited filleted financial statements

31 March 2025

John Bradshaw And Son Limited

Contents

Directors and other information

Statement of financial position

Statement of changes in equity

Notes to the financial statements

John Bradshaw And Son Limited

Directors and other information


	Directors	Mr Michael Andrews
		Mr Davinder Bedi
		Mr Nicholas Wilkinson


	Company number	719614


	Registered office	Unit 4, Tallow Way
		Irlam
		Manchester
		M44 6RJ


	Business address	Unit 4 Tallow Way
		Irlam
		Manchester
		M44 6RJ


	Accountants	Bedi & Co
		Chartered Accountants
		14 Dunlin Rise
		Tytherington
		Macclesfield
		SK10 2SP




	Bankers	Virgin Money Bank
		48-50 Market Street
		Manchester M1 1PW

John Bradshaw And Son Limited

Statement of financial position

31 March 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	7	539,025		790,234
Investments	8	45,622		45,622
		_______		_______
			584,647		835,856

Current assets
Stocks	9	19,533		18,222
Debtors	10	347,555		478,233
Cash at bank and in hand		649,224		426,138
		_______		_______
		1,016,312		922,593
Creditors: amounts falling due
within one year	11	( 1,220,623)		( 1,352,887)
		_______		_______
Net current liabilities			( 204,311)		( 430,294)
			_______		_______
Total assets less current liabilities			380,336		405,562

Creditors: amounts falling due
after more than one year	12		( 10,200)		( 52,668)

Provisions for liabilities			( 131,007)		( 194,038)

			_______		_______
Net assets			239,129		158,856
			_______		_______

Capital and reserves
Called up share capital	14		12,500		12,500
Capital redemption reserve			13,000		13,000
Profit and loss account			213,629		133,356
			_______		_______
Shareholders funds			239,129		158,856
			_______		_______

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 12 September 2025 , and are signed on behalf of the board by:

Mr Michael Andrews

Director

Company registration number: 719614

John Bradshaw And Son Limited

Statement of changes in equity

Year ended 31 March 2025

	Called up share capital	Capital redemption reserve	Profit and loss account	Total
	£	£	£	£


At 1 April 2023	12,500	13,000	329,579	355,079

Profit for the year			203,777	203,777
	_______	_______	_______	_______
Total comprehensive income for the year	-	-	203,777	203,777

Dividends paid and payable			( 400,000)	( 400,000)
	_______	_______	_______	_______
Total investments by and distributions to owners	-	-	( 400,000)	( 400,000)

	_______	_______	_______	_______
At 31 March 2024 and 1 April 2024	12,500	13,000	133,356	158,856

Profit for the year			180,273	180,273
	_______	_______	_______	_______
Total comprehensive income for the year	-	-	180,273	180,273

Dividends paid and payable			( 100,000)	( 100,000)
	_______	_______	_______	_______
Total investments by and distributions to owners	-	-	( 100,000)	( 100,000)

	_______	_______	_______	_______
At 31 March 2025	12,500	13,000	213,629	239,129
	_______	_______	_______	_______

John Bradshaw And Son Limited

Notes to the financial statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England. The address of the registered office is Unit 4, Tallow Way, Irlam, Manchester, M44 6RJ.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Exceptional items

Exceptional items are disclosed separately in the financial statements in order to provide further understanding of the financial performance of the entity. They are material items of income or expense that have been shown separately because of their nature or amount.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to profit or loss.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Plant and machinery	-	15 %	straight line
Fittings fixtures and equipment	-	15 %	straight line
Motor vehicles	-	20 %	straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Fixed asset investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Stocks

Stocks are measured 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 the stocks to their present location and condition.

Hire purchase and finance leases

Assets held under finance leases are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 60 (2024: 62 ).

5. Directors remuneration

The directors aggregate remuneration in respect of qualifying services was:

	2025	2024
	£	£
Remuneration	133,625	133,208
Company contributions to pension schemes in respect of qualifying services	21,295	20,338
	_______	_______
	154,920	153,546
	_______	_______

6. Dividends

Equity dividends

	2025	2024
	£	£
Dividends paid during the year (excluding those for which a liability existed at the end of the prior year)	100,000	400,000
	_______	_______

7. Tangible assets

	Plant and machinery	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£	£
Cost
At 1 April 2024	388,964	130,015	1,555,296	2,074,275
Additions	16,580	-	525	17,105
Disposals	( 2,810)	-	( 215,715)	( 218,525)
	_______	_______	_______	_______
At 31 March 2025	402,734	130,015	1,340,106	1,872,855
	_______	_______	_______	_______
Depreciation
At 1 April 2024	175,246	123,504	985,291	1,284,041
Charge for the year	59,206	2,323	166,438	227,967
Disposals	( 2,809)	-	( 175,369)	( 178,178)
	_______	_______	_______	_______
At 31 March 2025	231,643	125,827	976,360	1,333,830
	_______	_______	_______	_______
Carrying amount
At 31 March 2025	171,091	4,188	363,746	539,025
	_______	_______	_______	_______
At 31 March 2024	213,718	6,511	570,005	790,234
	_______	_______	_______	_______

8. Investments

	Other investments other than loans	Total
	£	£
Cost
At 1 April 2024 and 31 March 2025	45,622	45,622
	_______	_______
Impairment
At 1 April 2024 and 31 March 2025	-	-
	_______	_______
Carrying amount
At 31 March 2025	45,622	45,622
	_______	_______
At 31 March 2024	45,622	45,622
	_______	_______

9. Stocks

	2025	2024
	£	£
Finished goods	19,533	18,222
	_______	_______

10. Debtors

	2025	2024
	£	£
Trade debtors	264,848	429,474
Amounts owed by related company	7,700	18,197
Other debtors	75,007	30,562
	_______	_______
	347,555	478,233
	_______	_______

11. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	183,825	139,938
Corporation tax	147,480	148,405
Social security and other taxes	123,516	157,785
Other creditors	765,802	906,759
	_______	_______
	1,220,623	1,352,887
	_______	_______

Other creditors includes hire purchase liabilities of £41,509 (2024 £164,668)

12. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	10,200	52,668
	_______	_______

13. Employee benefits

The amount recognised in profit or loss in relation to defined contribution plans was £ 73,311 (2024: £ 77,324 ).

14. Called up share capital

Issued, called up and fully paid

	2025		2024
	No	£	No	£
Ordinary shares shares of £ 1.00 each	12,500	12,500	12,500	12,500
	_______	_______	_______	_______

15. Capital commitments

Capital expenditure contracted for but not provided for in the financial statements is as follows:

	2025	2024
	£	£
Tangible assets	497,000	-
	_______	_______

16. Operating leases

The company as lessee

The total future minimum lease payments under non-cancellable operating leases are as follows:


	£	£

Not later than 1 year	334,321	339,827
Later than 1 year and not later than 5 years	831,151	1,165,472
	_______	_______
	1,165,472	1,505,299
	_______	_______

17. Charge on assets

The bank loans in the holding company,Bradshaw Assets Limited, are secured on the assets of the holding company and by a debenture on the assets of John Bradshaw & Son Limited.

18. Directors advances, credits and guarantees

	During the year the directors entered into the following advances and credits with the company:

2025
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr Michael Andrews	( 146)	-	26	( 120)
	Mr Nicholas Wilkinson	( 66)	( 1,300)	-	( 1,366)
		_______	_______	_______	_______
		( 212)	( 1,300)	26	( 1,486)
		_______	_______	_______	_______

2024
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr Michael Andrews	( 81)	( 65)	-	( 146)
	Mr Nicholas Wilkinson	( 94)	-	28	( 66)
		_______	_______	_______	_______
		( 175)	( 65)	28	( 212)
		_______	_______	_______	_______

19. Related party transactions

The management charge of £59,168 (2024 £58,712) was paid to BEDI & CO which is the Accountancy practice of Mr Bedi,a director of this Company.In 2024 the management charge was paid to NRCH LTD,a company registered in Cyprus and owned by Mr Bedi. Various expenses incurred by the Company on behalf of Bradshaws of Leicester Limited have been recharged. The Company received a management charge from Bradshaws of Leicester Limited of £39,418 (2024 £53,785).During the year the company sold a vehicle to Bradshaw of Lecester Limited at market value for £15,000.At 31 March 2025 the Company was owed £7,700 (2024 £18,197) from Bradshaws of Leicester Limited Mr Andrews and Mr Bedi own 51% of Bradshaws of Leicester Limited.The Company paid rent to Bradshaw Assets Limited of £376,000(2024 £178,904.The bank loans of Bradshaw Assets Limited,amounting to £3,014,384 (2024 £3,153,045) are secured by a debenture on the assets of the company.