REGISTERED NUMBER: 04654628 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Jaffe Et Fils Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Dr B Jaffe

Dr F W Jaffe

Mrs G E Jaffe

SECRETARY:

Dr B Jaffe

REGISTERED OFFICE:

The Old Brush Works

Castle Hill

Axminster

Devon

EX13 5PY

REGISTERED NUMBER:

04654628 (England and Wales)

FIXED ASSETS

Intangible assets

4

7,333

-

Tangible assets

5

227,790

226,241

235,123

226,241

CURRENT ASSETS

Stocks

311,000

200,000

Debtors

6

9,884

12,736

Cash at bank and in hand

379,960

578,036

700,844

790,772

CREDITORS

Amounts falling due within one year

7

59,631

112,553

NET CURRENT ASSETS

641,213

678,219

TOTAL ASSETS LESS CURRENT LIABILITIES

876,336

904,460

PROVISIONS FOR LIABILITIES

10,102

8,520

NET ASSETS

866,234

895,940

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

866,134

895,840

866,234

895,940

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 23 September 2025 and were signed on its behalf by:

Dr F W Jaffe - Director

Dr B Jaffe - Director

1.	STATUTORY INFORMATION

Jaffe Et Fils 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.

Goodwill

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

Goodwill - 5 years

Goodwill was amortised in full in 2008.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Long leasehold

-

2% on straight line basis

Plant and machinery

-

33% on straight line basis and 15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Computer

Goodwill

software

Totals

£

£

£

COST

At 1 April 2024

270,000

-

270,000

Additions

-

7,333

7,333

At 31 March 2025

270,000

7,333

277,333

AMORTISATION

At 1 April 2024

and 31 March 2025

270,000

-

270,000

NET BOOK VALUE

At 31 March 2025

-

7,333

7,333

At 31 March 2024

-

-

-

5.	TANGIBLE FIXED ASSETS

Long

Plant and

leasehold

machinery

Totals

£

£

£

COST

At 1 April 2024

208,202

139,805

348,007

Additions

-

14,615

14,615

At 31 March 2025

208,202

154,420

362,622

DEPRECIATION

At 1 April 2024

16,656

105,110

121,766

Charge for year

4,164

8,902

13,066

At 31 March 2025

20,820

114,012

134,832

NET BOOK VALUE

At 31 March 2025

187,382

40,408

227,790

At 31 March 2024

191,546

34,695

226,241

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Sales ledger control account

5,205

10,000

Prepayments and accrued income

4,679

2,736

9,884

12,736

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade Creditors

3,632

19,115

Tax

22,336

42,668

Social security and other taxes

1,766

1,926

Wages payable

5,878

5,207

VAT

20,823

38,226

Other creditors

1,024

1,254

Pension payable

202

187

Accruals and deferred income

3,970

3,970

59,631

112,553