REGISTERED NUMBER: 04827403 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Jeremy Dixon Limited

Page

Company Information

1

Statement of Financial Position

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTOR:

J D Dixon

SECRETARY:

Mrs M C Dixon

REGISTERED OFFICE:

5 West Court

Enterprise Road

Maidstone

Kent

ME15 6JD

REGISTERED NUMBER:

04827403 (England and Wales)

ACCOUNTANTS:

Henry Reeves & Co Limited

Chartered Certified Accountants

5 West Court

Enterprise Road

Maidstone

Kent

ME15 6JD

FIXED ASSETS

Intangible assets

4

-

1,250

Tangible assets

5

33,147

38,967

33,147

40,217

CURRENT ASSETS

Stocks

111,580

74,376

Debtors

6

453,736

495,268

Cash at bank

27,041

71,618

592,357

641,262

CREDITORS

Amounts falling due within one year

7

81,807

82,779

NET CURRENT ASSETS

510,550

558,483

TOTAL ASSETS LESS CURRENT LIABILITIES

543,697

598,700

CREDITORS

Amounts falling due after more than one year

8

(138,727

)

(234,075

)

PROVISIONS FOR LIABILITIES

(8,287

)

(10,326

)

NET ASSETS

396,683

354,299

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

396,583

354,199

SHAREHOLDERS' FUNDS

396,683

354,299

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 October 2025 and were signed by:

J D Dixon - Director

1.	STATUTORY INFORMATION

Jeremy Dixon 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.

Revenue from sale of goods is recognised in turnover when the significant risks and rewards of

ownership of the goods have been transferred to the buyer.

Goodwill

Acquired goodwill is being written off in equal instalments over its estimated useful economic life of 20 years.

Depreciation

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

20% on cost

Stocks

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

300,000

AMORTISATION

At 1 January 2024

298,750

Amortisation for year

1,250

At 31 December 2024

300,000

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

1,250

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 January 2024

and 31 December 2024

15,916

45,814

61,730

DEPRECIATION

At 1 January 2024

12,721

10,042

22,763

Charge for year

799

5,021

5,820

At 31 December 2024

13,520

15,063

28,583

NET BOOK VALUE

At 31 December 2024

2,396

30,751

33,147

At 31 December 2023

3,195

35,772

38,967

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

Motor

vehicles

£

COST

At 1 January 2024

and 31 December 2024

45,814

DEPRECIATION

At 1 January 2024

10,042

Charge for year

5,021

At 31 December 2024

15,063

NET BOOK VALUE

At 31 December 2024

30,751

At 31 December 2023

35,772

6.

DEBTORS

2024

2023

£

£

Amounts falling due within one year:

Trade debtors

118,996

160,528

Amounts falling due after more than one year:

Other debtors

334,740

334,740

Aggregate amounts

453,736

495,268

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

9,855

9,674

Hire purchase contracts (see note 9)

3,508

2,694

Trade creditors

15,496

8,907

Taxation and social security

46,743

56,317

Other creditors

6,205

5,187

81,807

82,779

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

4,138

13,993

Hire purchase contracts (see note 9)

25,033

28,542

Other creditors

109,556

191,540

138,727

234,075

9.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2024

2023

£

£

Net obligations repayable:

Within one year

3,508

2,694

Between one and five years

25,033

28,542

28,541

31,236

The loans in respect of the hire purchase lease agreements are secured against the assets to which they relate.

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included in other creditors due after more than one year is a loan of £109,556 (2023: £191,540) due to Mr J Dixon.