REGISTERED NUMBER: 00416064

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH JUNE 2025

FOR

G.S.JOINER AND SONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G S Joiner

Mrs D Y Barton

M D Silvester

REGISTERED OFFICE:

227 Sea Street

Herne Bay

Kent

CT6 8LF

REGISTERED NUMBER:

00416064

ACCOUNTANTS:

McCabe Ford Williams

Chartered Accountants

2 The Links

HERNE BAY

Kent

CT6 7GQ

FIXED ASSETS

Tangible assets

5

248,470

245,616

Investment property

6

6,939,337

7,749,870

7,187,807

7,995,486

CURRENT ASSETS

Debtors

7

407,166

330,106

Cash at bank

1,418,377

1,020,551

1,825,543

1,350,657

CREDITORS

Amounts falling due within one year

8

339,684

417,638

NET CURRENT ASSETS

1,485,859

933,019

TOTAL ASSETS LESS CURRENT LIABILITIES

8,673,666

8,928,505

CREDITORS

Amounts falling due after more than one year

9

(652,002

)

(642,972

)

PROVISIONS FOR LIABILITIES

(925,163

)

(975,030

)

NET ASSETS

7,096,501

7,310,503

CAPITAL AND RESERVES

Called up share capital

10

2,000

2,000

Revaluation reserve

11

223,018

223,018

Fair value reserve

11

3,897,210

4,012,653

Retained earnings

2,974,273

3,072,832

SHAREHOLDERS' FUNDS

7,096,501

7,310,503

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21st October 2025 and were signed on its behalf by:

G S Joiner - Director

1.	STATUTORY INFORMATION

G.s.joiner And Sons Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Plant and machinery etc

-

33% on a straight line basis, 25% on a straight line basis and 15% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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 4 (2024 - 4 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1st July 2024

297,778

34,023

21,638

Additions

-

-

3,863

At 30th June 2025

297,778

34,023

25,501

DEPRECIATION

At 1st July 2024

57,778

31,155

18,890

Charge for year

-

430

579

At 30th June 2025

57,778

31,585

19,469

NET BOOK VALUE

At 30th June 2025

240,000

2,438

6,032

At 30th June 2024

240,000

2,868

2,748

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1st July 2024

37,700

3,903

395,042

Additions

-

-

3,863

At 30th June 2025

37,700

3,903

398,905

DEPRECIATION

At 1st July 2024

37,700

3,903

149,426

Charge for year

-

-

1,009

At 30th June 2025

37,700

3,903

150,435

NET BOOK VALUE

At 30th June 2025

-

-

248,470

At 30th June 2024

-

-

245,616

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st July 2024

7,749,870

Disposals

(810,533

)

At 30th June 2025

6,939,337

NET BOOK VALUE

At 30th June 2025

6,939,337

At 30th June 2024

7,749,870

The investment properties are included at fair market value, based upon a professional valuation carried out in May 2021. The directors feel this is still a relevant fair value.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

407,166

330,106

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

2,245

29,100

Taxation and social security

138,856

135,147

Other creditors

198,583

253,391

339,684

417,638

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

652,002

642,972

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2,000

Ordinary

1

2,000

2,000

11.

RESERVES

Fair

Revaluation

value

reserve

reserve

Totals

£

£

£

At 1st July 2024

223,018

4,012,653

4,235,671

Transfer fair value reserves

-

(115,443

)

(115,443

)

At 30th June 2025

223,018

3,897,210

4,120,228

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30th June 2025 and 30th June 2024:

2025

2024

£

£

G S Joiner

Balance outstanding at start of year

245,767

201,099

Amounts advanced

678,236

644,668

Amounts repaid

(600,000

)

(600,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

324,003

245,767