REGISTERED NUMBER: 02179772 (England and Wales)

L E JONES LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs E A Jones

REGISTERED OFFICE:

Brickfield Lane

Denbigh Road

Ruthin

Clwyd

LL15 1PE

REGISTERED NUMBER:

02179772 (England and Wales)

FIXED ASSETS

Tangible assets

4

434,849

425,097

CURRENT ASSETS

Stocks

10,000

15,000

Debtors

5

566,354

543,926

Cash at bank

76

76

576,430

559,002

CREDITORS

Amounts falling due within one year

6

467,155

504,718

NET CURRENT ASSETS

109,275

54,284

TOTAL ASSETS LESS CURRENT LIABILITIES

544,124

479,381

CREDITORS

Amounts falling due after more than one year

7

(12,069

)

(53,054

)

PROVISIONS FOR LIABILITIES

(107,152

)

(104,614

)

NET ASSETS

424,903

321,713

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

424,803

321,613

SHAREHOLDERS' FUNDS

424,903

321,713

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 director acknowledges her 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 September 2025 and were signed by:

Mrs E A Jones - Director

1.	STATUTORY INFORMATION

L E Jones Ltd 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.

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 finance lease, over the lease term, whichever is the shorter.

Plant & Machinery - 15% reducing balance

Motor Vehicles - 20% reducing balance

Trailers - 8 - 10% reducing balance

Office Equipment - 15% 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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 (2023 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Office

machinery

Trailers

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

519,925

1,026,579

872,378

122,023

2,540,905

Additions

-

-

112,300

-

112,300

Disposals

-

(37,800

)

-

-

(37,800

)

At 31 December 2024

519,925

988,779

984,678

122,023

2,615,405

DEPRECIATION

At 1 January 2024

478,686

826,105

696,470

114,547

2,115,808

Charge for year

11,076

31,979

51,483

2,424

96,962

Eliminated on disposal

-

(32,214

)

-

-

(32,214

)

At 31 December 2024

489,762

825,870

747,953

116,971

2,180,556

NET BOOK VALUE

At 31 December 2024

30,163

162,909

236,725

5,052

434,849

At 31 December 2023

41,239

200,474

175,908

7,476

425,097

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

542,467

525,106

Other debtors

23,887

18,820

566,354

543,926

Other debtors includes an amount of £32 (2023: £64) owed by the Parent Company, LE Jones Holdings Ltd.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

162,486

117,180

Hire purchase contracts

34,106

64,264

Trade creditors

81,658

119,395

Taxation and social security

81,453

108,797

Other creditors

107,452

95,082

467,155

504,718

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

10,833

20,833

Hire purchase contracts

1,236

32,221

12,069

53,054

Bank loans and bank overdraft totalling £152,486 (2023: £107,180) are secured by a charge over property owned by the director and a cross guarantee and debenture between the L E Jones Group entities.

The amounts due under hire purchase contracts of £35,342 (2023: £96,485) are secured on the assets that they are financing.

8.	PARENT COMPANY

LE Jones Holdings Limited

Registered office address and principal place of business:

Brickfield Lane

Denbigh Road

Ruthin

Clwyd

LL15 1PE