Company Registration No. 05755394 (England and Wales)
John Douglas Limited
Unaudited accounts
for the year ended 31 March 2025
John Douglas Limited
Unaudited accounts
Contents
John Douglas Limited
Company Information
for the year ended 31 March 2025
Company Number
05755394 (England and Wales)
Registered Office
John Douglas
28 Chestergate
Macclesfield
Cheshire
SK11 6BA
England
Accountants
Taylor Consultancy, Chartered Certified Accountants
Primary House
Spring Gardens
Macclesfield
Cheshire
SK10 2DX
John Douglas Limited
Statement of financial position
as at 31 March 2025
Tangible assets
5,471
5,760
Inventories
179,101
171,577
Cash at bank and in hand
212,255
285,435
Creditors: amounts falling due within one year
(241,398)
(318,784)
Net current assets
166,756
149,166
Total assets less current liabilities
172,227
154,926
Creditors: amounts falling due after more than one year
(2,500)
(12,500)
Provisions for liabilities
Net assets
168,687
141,596
Called up share capital
1
1
Profit and loss account
168,686
141,595
Shareholders' funds
168,687
141,596
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 6 October 2025 and were signed on its behalf by
D I Johnson
Director
Company Registration No. 05755394
John Douglas Limited
Notes to the Accounts
for the year ended 31 March 2025
John Douglas Limited is a private company, limited by shares, registered in England and Wales, registration number 05755394. The registered office is John Douglas, 28 Chestergate, Macclesfield, Cheshire, SK11 6BA, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% per annum on a reducing balance basis.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
John Douglas Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
Accrued income and prepayments
16,798
10,938
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
10,000
10,000
Trade creditors
36,007
39,349
Taxes and social security
15,718
28,157
Loans from directors
172,954
180,636
7
Creditors: amounts falling due after more than one year
2025
2024
8
Average number of employees
During the year the average number of employees was 2 (2024: 3).