REGISTERED NUMBER: 04320534 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

J AND C JAMES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J C James

C C James

M S James

SECRETARY:

C C James

REGISTERED OFFICE:

Medina House

2 Station Avenue

Bridlington

East Yorkshire

YO16 4LZ

REGISTERED NUMBER:

04320534 (England and Wales)

ACCOUNTANTS:

Lloyd Dowson Limited

Medina House

2 Station Avenue

Bridlington

East Yorkshire

YO16 4LZ

FIXED ASSETS

Intangible assets

4

5,099

-

Tangible assets

5

44,038

14,967

49,137

14,967

CURRENT ASSETS

Stocks

78,852

269,754

Debtors

6

64,265

25,122

Cash at bank

125,694

146,565

268,811

441,441

CREDITORS

Amounts falling due within one year

7

40,460

96,726

NET CURRENT ASSETS

228,351

344,715

TOTAL ASSETS LESS CURRENT LIABILITIES

277,488

359,682

PROVISIONS FOR LIABILITIES

11,670

3,966

NET ASSETS

265,818

355,716

CAPITAL AND RESERVES

Called up share capital

8

65

65

Capital redemption reserve

35

35

Retained earnings

265,718

355,616

SHAREHOLDERS' FUNDS

265,818

355,716

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 18 November 2025 and were signed on its behalf by:

J C James - Director

C C James - Director

M S James - Director

1.	STATUTORY INFORMATION

J and C James 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 is derived from the provision of building services, and is recognised when the customer is in receipt of the relevant goods and services.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2001, has been amortised over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

Motor vehicles

-

25% on reducing balance

Stock and work in progress

Stock and work in progress are valued at the lower of cost and net realisable value.

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 has implemented auto-enrolment in respect of all employees. Contributions are charged to the statement of income and retained earnings in the year to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 October 2024

42,228

Additions

5,367

At 30 September 2025

47,595

AMORTISATION

At 1 October 2024

42,228

Charge for year

268

At 30 September 2025

42,496

NET BOOK VALUE

At 30 September 2025

5,099

At 30 September 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2024

48,683

Additions

35,515

Disposals

(14,995

)

At 30 September 2025

69,203

DEPRECIATION

At 1 October 2024

33,716

Charge for year

3,776

Eliminated on disposal

(12,327

)

At 30 September 2025

25,165

NET BOOK VALUE

At 30 September 2025

44,038

At 30 September 2024

14,967

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade debtors

51,883

17,270

Other debtors

12,382

7,852

64,265

25,122

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade creditors

3,659

17,455

Taxation and social security

24,334

63,307

Other creditors

12,467

15,964

40,460

96,726

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.25

30.9.24

value:

£

£

65

Ordinary

£1

65

65