J.T.Egginton,Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 00451821 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

FOR

J.T.EGGINTON,LIMITED

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

Mrs C M Clelford

Mr D C Egginton

Mr J J Clelford

Mr R W Egginton

Mrs A J Loughlin

Mrs J M Dowling

Mrs T A Egginton-Ford

REGISTERED OFFICE:

3 Priory Close

Dudley

West Midlands

DY1 3ED

REGISTERED NUMBER:

00451821 (England and Wales)

ACCOUNTANTS:

Poole Waterfield Limited

Ground Floor

Custom House

Waterfront East

Brierley Hill

West Midlands

DY5 1XH

FIXED ASSETS

Tangible assets

4

35,420

128,138

CURRENT ASSETS

Stocks

44,108

54,051

Debtors

5

558,452

175,089

Cash at bank and in hand

752,316

162,430

1,354,876

391,570

CREDITORS

Amounts falling due within one year

6

271,804

156,789

NET CURRENT ASSETS

1,083,072

234,781

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,118,492

362,919

PROVISIONS FOR LIABILITIES

56,933

-

NET ASSETS

1,061,559

362,919

CAPITAL AND RESERVES

Called up share capital

4,558

Retained earnings

1,057,001

358,361

SHAREHOLDERS' FUNDS

1,061,559

362,919

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 6 October 2025 and were signed on its behalf by:

Mr J J Clelford - Director

1.	STATUTORY INFORMATION

J.T.Egginton,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 sales of goods, 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.

Freehold property

-

2% on cost

Fixtures and fittings

-

33% on cost, 20% on reducing balance and 10% on reducing balance

Stocks

Stocks are determined by an independent professional valuation. 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.

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 10 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

property

fittings

Totals

£

COST

At 1 June 2024

146,911

9,710

156,621

Additions

-

3,347

Disposals

(117,529

)

-

(117,529

)

At 31 May 2025

29,382

13,057

42,439

DEPRECIATION

At 1 June 2024

23,565

4,918

28,483

Charge for year

-

2,101

Eliminated on disposal

(23,565

)

-

(23,565

)

At 31 May 2025

-

7,019

NET BOOK VALUE

At 31 May 2025

29,382

6,038

35,420

At 31 May 2024

123,346

4,792

128,138

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

Trade debtors

122,187

130,994

Other debtors

436,265

44,095

558,452

175,089

During the year the company received partial proceeds for the sale of land and buildings. The remaining proceeds will be received in the form of a new pharmacy, which is due to be built in the 2026 calendar year. A director's estimate of £350,000 for the new pharmacy has been included in "Other debtors" at 31st May 2025.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

Trade creditors

116,676

151,262

Taxation and social security

149,884

4,209

Other creditors

5,244

1,318

271,804

156,789