REGISTERED NUMBER: 00259775 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2024

for

J.A.Robarts And J.J.Harding Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr T J R Harding

Mr T O Harding

REGISTERED OFFICE:

New House Farm

Sheering Lower Rd

Sawbridgeworth

Hertfordshire

CM21 9LE

REGISTERED NUMBER:

00259775 (England and Wales)

ACCOUNTANTS:

Franklins

18 St Christopher's Way

Pride Park

Derby

Derbyshire

DE24 8JY

FIXED ASSETS

Tangible assets

4

3,696,578

3,892,901

Investments

5

103

3

Investment property

6

321,303

-

4,017,984

3,892,904

CURRENT ASSETS

Stocks

156,108

234,636

Debtors

7

570,525

366,378

Cash at bank and in hand

433

30,996

727,066

632,010

CREDITORS

Amounts falling due within one year

8

826,404

501,709

NET CURRENT (LIABILITIES)/ASSETS

(99,338

)

130,301

TOTAL ASSETS LESS CURRENT LIABILITIES

3,918,646

4,023,205

CREDITORS

Amounts falling due after more than one year

9

747,607

811,226

NET ASSETS

3,171,039

3,211,979

CAPITAL AND RESERVES

Called up share capital

10

43,400

43,400

Revaluation reserve

11

2,788,161

2,788,161

Retained earnings

11

339,478

380,418

SHAREHOLDERS' FUNDS

3,171,039

3,211,979

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 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 3 December 2025 and were signed on its behalf by:

Mr T J R Harding - Director

Mr T O Harding - Director

1.	STATUTORY INFORMATION

J.A.Robarts And J.J.Harding 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 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

-

2% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

The investment property amounts relate to costs in regard to the development of properties which the company are building and will in time sell. The current valuation at the year end 30 September 2024 is therefore the same as cost.

Stocks

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 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 3 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 October 2023

4,441,161

293,894

84,113

94,231

4,913,399

Additions

93,424

2,951

3,317

-

99,692

Reclassification/transfer

(791,692

)

-

-

-

(791,692

)

At 30 September 2024

3,742,893

296,845

87,430

94,231

4,221,399

DEPRECIATION

At 1 October 2023

687,322

228,610

61,600

42,966

1,020,498

Charge for year

15,096

13,647

3,872

12,816

45,431

Reclassification/transfer

(541,108

)

-

-

-

(541,108

)

At 30 September 2024

161,310

242,257

65,472

55,782

524,821

NET BOOK VALUE

At 30 September 2024

3,581,583

54,588

21,958

38,449

3,696,578

At 30 September 2023

3,753,839

65,284

22,513

51,265

3,892,901

Included in land and buildings is freehold land at cost of £282,221 (2023: £282,221) which is not depreciated.

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

£

£

£

COST

At 1 October 2023

-

73,350

66,390

139,740

Transfer from ownership

64,124

(63,400

)

(6,995

)

(6,271

)

At 30 September 2024

64,124

9,950

59,395

133,469

DEPRECIATION

At 1 October 2023

-

42,774

18,447

61,221

Charge for year

1,282

815

11,136

13,233

Transfer from ownership

2,565

(36,899

)

(3,598

)

(37,932

)

At 30 September 2024

3,847

6,690

25,985

36,522

NET BOOK VALUE

At 30 September 2024

60,277

3,260

33,410

96,947

At 30 September 2023

-

30,576

47,943

78,519

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 October 2023

3

Additions

100

At 30 September 2024

103

NET BOOK VALUE

At 30 September 2024

103

At 30 September 2023

3

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

70,719

Disposals

(60,248

)

Reclassification/transfer

791,692

At 30 September 2024

802,163

DEPRECIATION

Eliminated on disposal

(60,248

)

Reclassification/transfer

541,108

At 30 September 2024

480,860

NET BOOK VALUE

At 30 September 2024

321,303

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

39,766

24,847

Other debtors

491,163

211,308

VAT

16,826

38,006

Prepayments and accrued income

22,770

92,217

570,525

366,378

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

221,681

26,444

Hire purchase contracts

25,470

20,389

Trade creditors

169,416

217,464

Tax

107,197

88,416

Social security and other taxes

8,338

14,587

Other creditors

290,802

123,475

Directors' current accounts

-

7,234

Accruals and deferred income

3,500

3,700

826,404

501,709

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans - 1-2 years

22,994

-

Bank loans more 5 yr by instal

700,000

788,531

Hire purchase contracts

24,613

22,695

747,607

811,226

2024

2023

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

700,000

788,531

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

280,000

Ordinary A

0.05

14,000

14,000

29,400

Ordinary B

1

29,400

29,400

43,400

43,400

11.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 1 October 2023

380,418

2,788,161

3,168,579

Deficit for the year

(40,940

)

(40,940

)

At 30 September 2024

339,478

2,788,161

3,127,639

12.	RELATED PARTY DISCLOSURES

The balance outstanding on interest free loans provided to companies with common directors and under common control amounted to £76,797 (2023: £127,083).