REGISTERED NUMBER: 02471970 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

FOR

J. B. LANGLEY ASSOCIATES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

T E Clapham

B J Jagger

SECRETARY:

T E Clapham

REGISTERED OFFICE:

Ossington Chambers

6-8 Castle Gate

Newark

Nottinghamshire

NG24 1AX

REGISTERED NUMBER:

02471970 (England and Wales)

ACCOUNTANTS:

Stephenson Nuttall & Co

Chartered Accountants

Ossington Chambers

6-8 Castle Gate

Newark

Nottinghamshire

NG24 1AX

FIXED ASSETS

Tangible assets

4

137,909

188,404

CURRENT ASSETS

Debtors

5

165,560

189,738

Cash at bank

312,508

188,573

478,068

378,311

CREDITORS

Amounts falling due within one year

6

274,955

213,037

NET CURRENT ASSETS

203,113

165,274

TOTAL ASSETS LESS CURRENT LIABILITIES

341,022

353,678

CREDITORS

Amounts falling due after more than one year

7

(122,018

)

(170,105

)

PROVISIONS FOR LIABILITIES

9

(34,477

)

(47,101

)

NET ASSETS

184,527

136,472

CAPITAL AND RESERVES

Called up share capital

10

103

103

Retained earnings

184,424

136,369

SHAREHOLDERS' FUNDS

184,527

136,472

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26th November 2025 and were signed on its behalf by:

T E Clapham - Director

B J Jagger - Director

1.	STATUTORY INFORMATION

J. B. Langley Associates Ltd 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 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.

Fixtures and fittings

-

20% on cost and 10% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

No depreciation is provided on the freehold property as it is considered to have a residual value in excess of its original cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1st April 2024

101,771

191,864

49,389

343,024

Additions

-

-

3,010

3,010

At 31st March 2025

101,771

191,864

52,399

346,034

DEPRECIATION

At 1st April 2024

54,352

53,962

46,306

154,620

Charge for year

17,217

34,475

1,813

53,505

At 31st March 2025

71,569

88,437

48,119

208,125

NET BOOK VALUE

At 31st March 2025

30,202

103,427

4,280

137,909

At 31st March 2024

47,419

137,902

3,083

188,404

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

136,220

164,778

Amounts recoverable on contracts

15,000

10,000

Prepayments

14,340

14,960

165,560

189,738

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans and overdrafts

5,555

5,555

Hire purchase contracts and finance leases

42,532

42,532

Tax

74,042

39,364

Social security and other taxes

45,984

41,480

Other creditors

338

544

Directors' current accounts

104,504

81,562

Accrued expenses

2,000

2,000

274,955

213,037

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans - 1-2 years

5,555

5,555

Bank loans - 2-5 years

16,665

16,665

Bank loans - more than 5 years

929

6,484

Hire purchase contracts and finance leases

98,869

141,401

122,018

170,105

Amounts falling due in more than five years:

Repayable by instalments

Bank loans - more than 5 years

929

6,484

8.	SECURED DEBTS

The following secured debts are included within creditors:

31/3/25

31/3/24

£

£

Bank loans

28,704

34,259

Hire purchase contracts and finance leases

141,401

183,933

170,105

218,192

9.	PROVISIONS FOR LIABILITIES

31/3/25

31/3/24

£

£

Deferred tax

34,477

47,101

Deferred

tax

£

Balance at 1st April 2024

47,101

Accelerated capital allowances

(12,624

)

Balance at 31st March 2025

34,477

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/25

31/3/24

value:

£

£

100

Ordinary

£1

100

100

1

Ordinary 'A' Non-Voting

£1

1

1

1

Ordinary 'B' Non-Voting

£1

1

1

1

Ordinary 'C' Non-Voting

£1

1

1

103

103

11.	ULTIMATE CONTROLLING PARTY

Mr T E Clapham owns 75% of the issued voting shares of the company.