REGISTERED NUMBER: 07516726 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2025

for

James of Shepperton Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J S Lally

REGISTERED OFFICE:

4 Riverview

Walnut Tree Close

Guildford

Surrey

GU1 4UX

REGISTERED NUMBER:

07516726 (England and Wales)

ACCOUNTANTS:

Bristow Burrell

4 Riverview

Walnut Tree Close

Guildford

Surrey

GU1 4UX

FIXED ASSETS

Tangible assets

5

103,830

94,355

CURRENT ASSETS

Stocks

9,266

10,554

Debtors

6

20,653

19,313

29,919

29,867

CREDITORS

Amounts falling due within one year

7

59,597

59,198

NET CURRENT LIABILITIES

(29,678

)

(29,331

)

TOTAL ASSETS LESS CURRENT LIABILITIES

74,152

65,024

CREDITORS

Amounts falling due after more than one year

8

33,242

22,326

NET ASSETS

40,910

42,698

CAPITAL AND RESERVES

Called up share capital

9

40,100

40,100

Retained earnings

810

2,598

SHAREHOLDERS' FUNDS

40,910

42,698

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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 26 September 2025 and were signed by:

J S Lally - Director

1.	STATUTORY INFORMATION

James of Shepperton 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

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.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 7 ) .

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 29 February 2024

51,097

52,705

32,876

Additions

-

3,035

-

At 28 February 2025

51,097

55,740

32,876

DEPRECIATION

At 29 February 2024

-

40,896

16,904

Charge for year

-

2,785

3,993

At 28 February 2025

-

43,681

20,897

NET BOOK VALUE

At 28 February 2025

51,097

12,059

11,979

At 28 February 2024

51,097

11,809

15,972

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 29 February 2024

2,625

34,424

173,727

Additions

26,990

183

30,208

At 28 February 2025

29,615

34,607

203,935

DEPRECIATION

At 29 February 2024

820

20,752

79,372

Charge for year

6,636

7,319

20,733

At 28 February 2025

7,456

28,071

100,105

NET BOOK VALUE

At 28 February 2025

22,159

6,536

103,830

At 28 February 2024

1,805

13,672

94,355

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

Motor

vehicles

£

COST

Additions

26,990

At 28 February 2025

26,990

DEPRECIATION

Charge for year

6,185

At 28 February 2025

6,185

NET BOOK VALUE

At 28 February 2025

20,805

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

28.2.24

£

£

Trade debtors

8,170

6,655

Other debtors

12,483

12,658

20,653

19,313

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

28.2.24

£

£

Bank loans and overdrafts

18,378

24,933

Hire purchase contracts

4,672

-

Trade creditors

21,479

19,386

Taxation and social security

8,115

7,692

Other creditors

6,953

7,187

59,597

59,198

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.25

28.2.24

£

£

Bank loans

14,706

22,326

Hire purchase contracts

18,536

-

33,242

22,326

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.25

28.2.24

value:

£

£

40,100

Ordinary A & B

£1

40,100

40,100

10.	ULTIMATE CONTROLLING PARTY

Mr J Lally is the ultimate controlling parties by virtue of his 100% beneficial ownership of the company's ordinary share capital.