REGISTERED NUMBER: 04611244 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

John Pallister Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R Pallister

Mrs C J Johnson

SECRETARY:

Mr R Pallister

REGISTERED OFFICE:

The Coach House

28 Duck Street

Clitheroe

Lancashire

BB7 1LP

REGISTERED NUMBER:

04611244 (England and Wales)

ACCOUNTANTS:

Bennett Kirkhope Smith

Chartered Certified Accountants

Suites 5 & 6 The Printworks

Hey Road

Barrow

Clitheroe

Lancashire

BB7 9WB

FIXED ASSETS

Tangible assets

4

760

1,097

CURRENT ASSETS

Debtors

5

42,187

31,247

Cash at bank and in hand

401,658

274,734

443,845

305,981

CREDITORS

Amounts falling due within one year

6

402,404

265,924

NET CURRENT ASSETS

41,441

40,057

TOTAL ASSETS LESS CURRENT LIABILITIES

42,201

41,154

PROVISIONS FOR LIABILITIES

8

146

217

NET ASSETS

42,055

40,937

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

41,855

40,737

SHAREHOLDERS' FUNDS

42,055

40,937

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 10 October 2025 and were signed on its behalf by:

Mr R Pallister - Director

Mrs C J Johnson - Director

1.	STATUTORY INFORMATION

John Pallister 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 represents net invoiced sales of services, excluding value added tax.

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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on cost

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 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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 6 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

1,267

7,677

4,069

13,013

DEPRECIATION

At 1 April 2024

1,176

7,171

3,569

11,916

Charge for year

13

74

250

337

At 31 March 2025

1,189

7,245

3,819

12,253

NET BOOK VALUE

At 31 March 2025

78

432

250

760

At 31 March 2024

91

506

500

1,097

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

37,690

24,285

Other debtors

-

290

Prepayments

4,497

6,672

42,187

31,247

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

232,091

77,309

Corporation tax

10,241

10,980

Social security and other taxes

1,196

-

VAT

10,568

4,028

Other creditors

8,891

16,561

Directors' current accounts

135,455

153,102

Accrued expenses

3,962

3,944

402,404

265,924

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.25

31.3.24

£

£

Within one year

540

540

Between one and five years

945

1,485

1,485

2,025

8.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

146

217

Deferred

tax

£

Balance at 1 April 2024

217

Utilised during year

(71

)

Balance at 31 March 2025

146

9.

CONTROL

There is no ultimate controlling party.