REGISTERED NUMBER: 06399033 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

T JOHNSON (WOOLSBRIDGE) LTD

Page

Balance sheet

1

Notes to the financial statements

2

Fixed assets

Tangible assets

4

13,247

17,662

Current assets

Stocks

31,914

32,161

Debtors

5

59,079

52,813

Cash at bank and in hand

821,230

677,341

912,223

762,315

Creditors

Amounts falling due within one year

6

83,029

53,929

Net current assets

829,194

708,386

Total assets less current liabilities

842,441

726,048

Capital and reserves

Called up share capital

7

1

1

Retained earnings

842,440

726,047

Shareholders' funds

842,441

726,048

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 his 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 comprehensive income has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 September 2025 and were signed by:

Mr T Johnson - Director

1.	Statutory information

T Johnson (Woolsbridge) Ltd is a private company, limited by shares, registered in England and Wales. The company's registered number is 06399033. The registered office address and business address is Woolsbridge Manor Farm, Three Legged Cross, Wimborne, Dorset, BH21 6RA.

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 represents amounts receivable, excluding value added tax, in respect of landrover repairs and maintenance work and is recognised as soon as the service has been provided to the customer.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all 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

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

Financial instruments

Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 5 (2023 - 5 ) .

4.	Tangible fixed assets

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

Cost

At 1 January 2024

and 31 December 2024

63,454

10,536

86,791

160,781

Depreciation

At 1 January 2024

57,156

9,891

76,072

143,119

Charge for year

1,574

161

2,680

4,415

At 31 December 2024

58,730

10,052

78,752

147,534

Net book value

At 31 December 2024

4,724

484

8,039

13,247

At 31 December 2023

6,298

645

10,719

17,662

5.

Debtors: amounts falling due within one year

2024

2023

£

£

Trade debtors

32,324

31,532

Directors' current accounts

19,796

13,103

Prepayments

6,959

8,178

59,079

52,813

6.

Creditors: amounts falling due within one year

2024

2023

£

£

Trade creditors

26,510

13,870

Tax

38,397

23,505

VAT

14,797

13,396

Pension

350

498

Accruals and deferred income

2,975

2,660

83,029

53,929

7.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

1

Ordinary

£1

1

1

8.	Director's advances, credits and guarantees

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

2024

2023

£

£

Mr T Johnson

Balance outstanding at start of year

13,104

-

Amounts advanced

19,796

13,104

Amounts repaid

(13,104

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

19,796

13,104

At the year end the Director, Mr T Johnson, owed the company amounts totalling £19,796, which are included within debtors: amounts falling due within one year. The balance owing at the year end was the maximum amount owing throughout the year, and all amounts were fully repaid within nine months of the year end.

9.	Ultimate controlling party

The company is controlled by the director, Mr T Johnson, who owns 100% of the issued share capital.