JOHN FOULKES SERVICES LIMITED

Unaudited Financial Statements

for the Year Ended 30th November 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Foulkes

R Foulkes

REGISTERED OFFICE:

22 Rock Farm Close

Little Neston

Cheshire

CH64 4DX

REGISTERED NUMBER:

07440534 (England and Wales)

FIXED ASSETS

Tangible assets

4

32,413

37,625

CURRENT ASSETS

Stocks

4,200

2,500

Debtors

5

34,326

57,719

Cash at bank

1,208

4,057

39,734

64,276

CREDITORS

Amounts falling due within one year

6

23,417

31,361

NET CURRENT ASSETS

16,317

32,915

TOTAL ASSETS LESS CURRENT LIABILITIES

48,730

70,540

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

48,630

70,440

SHAREHOLDERS' FUNDS

48,730

70,540

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2024 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 18th November 2025 and were signed on its behalf by:

J Foulkes - Director

1.	STATUTORY INFORMATION

John Foulkes Services 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.

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

-

20% on reducing balance

Motor vehicles

-

20% on cost

Computer equipment

-

15% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1st December 2023

and 30th November 2024

26,407

27,680

1,440

55,527

DEPRECIATION

At 1st December 2023

9,784

7,686

432

17,902

Charge for year

997

3,999

216

5,212

At 30th November 2024

10,781

11,685

648

23,114

NET BOOK VALUE

At 30th November 2024

15,626

15,995

792

32,413

At 30th November 2023

16,623

19,994

1,008

37,625

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

34,235

50,153

Other debtors

91

7,566

34,326

57,719

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

1,999

5,587

Taxation and social security

17,222

23,729

Other creditors

4,196

2,045

23,417

31,361

7.	RELATED PARTY DISCLOSURES

Included in other creditors is a balance of £196 (2023 £45) owed to John Foulkes, a director of the company.