REGISTERED NUMBER: 01294054 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2025

for

JASON ABBOT (GUNMAKERS) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

6

Director:

J J Abbot

Secretary:

Mrs V A Collinson

Registered office:

The Rectory

Nuffield

Henley-on-Thames

Oxfordshire

RG9 5SN

Registered number:

01294054 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

Broadwalk House, 5th Floor

5 Appold Street

Broadgate

London

EC2A 2AG

Fixed assets

Tangible assets

4

191,317

193,795

Current assets

Stocks

77,070

76,230

Debtors

5

17,250

7,643

Cash at bank and in hand

241,805

213,438

336,125

297,311

Creditors

Amounts falling due within one year

6

387,120

385,377

Net current liabilities

(50,995

)

(88,066

)

Total assets less current liabilities

140,322

105,729

Capital and reserves

Called up share capital

7

10,000

10,000

Retained earnings

8

130,322

95,729

Shareholders' funds

140,322

105,729

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 October 2025 and were signed by:

J J Abbot - Director

1.	Statutory information

Jason Abbot (Gunmakers) 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.	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.

Key source of estimation, uncertainty and judgement

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under circumstances.

Turnover

The turnover shown in the profit and loss account represents amounts receivable for goods sold during the year, exclusive of Value Added Tax.

Tangible fixed assets

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.

Freehold property

-

1% on cost

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% 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.

Financial instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

Taxation

Taxation for the year comprises current and deferred tax.

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.

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 1 (2024 - 2 ) .

4.	Tangible fixed assets

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

Cost

At 1 February 2024

and 31 January 2025

233,481

18,483

29,127

3,200

284,291

Depreciation

At 1 February 2024

40,630

17,574

29,092

3,200

90,496

Charge for year

2,335

136

7

-

2,478

At 31 January 2025

42,965

17,710

29,099

3,200

92,974

Net book value

At 31 January 2025

190,516

773

28

-

191,317

At 31 January 2024

192,851

909

35

-

193,795

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

17,250

7,643

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

19,537

25,022

Corporation tax

15,255

4,107

Social security and other taxes

297

136

VAT

7,760

3,989

Directors' current accounts

324,296

340,848

Accruals and deferred income

19,975

11,275

387,120

385,377

7.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

10,000

Ordinary

£1

10,000

10,000

8.

Reserves

Retained

earnings

£

At 1 February 2024

95,729

Profit for the year

42,593

Dividends

(8,000

)

At 31 January 2025

130,322

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Jason Abbot (Gunmakers) Limited for the year ended 31 January 2025 which comprise the Profit and Loss Account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Jason Abbot (Gunmakers) Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Jason Abbot (Gunmakers) Limited and state those matters that we have agreed to state to the director of Jason Abbot (Gunmakers) Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Jason Abbot (Gunmakers) Limited and its director for our work or for this report.

It is your duty to ensure that Jason Abbot (Gunmakers) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Jason Abbot (Gunmakers) Limited. You consider that Jason Abbot (Gunmakers) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Jason Abbot (Gunmakers) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Cooper Parry Advisory Limited

Broadwalk House, 5th Floor

5 Appold Street

Broadgate

London

EC2A 2AG

31 October 2025