Registration number: 05073034

J.M. Weston UK Limited

Contents

Company Information	1
Abridged Balance Sheet	2
Notes to the Abridged Financial Statements	3 to 7

J.M. Weston UK Limited

Company Information

Directors

Jean-Marc Laborde Marc Durie

Registered office

60 Jermyn Street London SW1Y 6LX

Auditors

Carbon Accountancy Limited Chartered Accountants & Statutory Auditor 80-83 Long Lane London EC1A 9ET

J.M. Weston UK Limited

(Registration number: 05073034)
Abridged Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	645	2,724
Current assets
Stocks	5	376,983	375,578
Debtors		16,233	19,797
Cash at bank and in hand		250,644	86,114
		643,860	481,489
Prepayments and accrued income		7,578	52,288
Creditors: Amounts falling due within one year		(487,377)	(436,234)
Net current assets		164,061	97,543
Total assets less current liabilities		164,706	100,267
Accruals and deferred income		(73,313)	(21,105)
Net assets		91,393	79,162
Capital and reserves
Called up share capital	6	10,000	10,000
Retained earnings		81,393	69,162
Shareholders' funds		91,393	79,162

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 25 November 2025 and signed on its behalf by:
 

......................................... Marc Durie Director

J.M. Weston UK Limited

Notes to the Abridged Financial Statements for the Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
60 Jermyn Street
London
SW1Y 6LX

These financial statements were authorised for issue by the Board on 25 November 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The directors confirm that they consider that the parent company has sufficient resources to ensure the UK subsidiary's operational existence for the foreseeable future and thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of shoes and assciated products net of sales/value added tax, returns, rebates and discounts. Income from sale of shoes is recognised at the point of sale which is when goods are provided to the customer.

Other income is recognised at the point where the company has earned the right to consideration for the service performed.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

J.M. Weston UK Limited

Notes to the Abridged Financial Statements for the Year Ended 31 December 2024 (continued)

2	Accounting policies (continued)

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Lease acquisition	equal instalments over period of lease
Shop fit-out	12.5% on cost
Fixtures, fittings & equipment	20% on cost

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

J.M. Weston UK Limited

Notes to the Abridged Financial Statements for the Year Ended 31 December 2024 (continued)

2	Accounting policies (continued)

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2023 - 2).

J.M. Weston UK Limited

Notes to the Abridged Financial Statements for the Year Ended 31 December 2024 (continued)

4	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 January 2024	407,363	132,496	539,859
At 31 December 2024	407,363	132,496	539,859
Depreciation
At 1 January 2024	404,640	132,496	537,136
Charge for the year	2,078	-	2,078
At 31 December 2024	406,718	132,496	539,214
Carrying amount
At 31 December 2024	645	-	645
At 31 December 2023	2,724	-	2,724

Included within the net book value of land and buildings above is £645 (2023 - £2,724) in respect of short leasehold land and buildings.
 

5

Stocks

	2024 £	2023 £
Finished goods and goods for resale	376,983	375,578

6	Share capital

Allotted, called up and fully paid shares

	2024		2023
	No.	£	No.	£
Ordinary shares of £10 each	1,000	10,000	1,000	10,000

J.M. Weston UK Limited

Notes to the Abridged Financial Statements for the Year Ended 31 December 2024 (continued)

7	Related party transactions

Under FRS 102, details are not given in respect of transactions entered into between two or more members of the group to which the company belongs as all subsidiaries are wholly owned by the parent undertaking J.M. Weston SAS.
 

8	Parent and ultimate parent undertaking

The company's immediate parent is J.M. Weston SAS, incorporated in France.

 The ultimate parent is Groupe EPI, incorporated in France.

 The most senior parent entity producing publicly available financial statements is Groupe EPI. These financial statements are available upon request from its registered office address 62 Avenue d'Lena, 75116, Paris.

 

9	Audit information

The Independent Auditor's Report was unqualified.

The name of the Senior Statutory Auditor who signed the audit report on 25 November 2025 was John Leyden FCA, who signed for and on behalf of Carbon Accountancy Limited.