REGISTERED NUMBER: 06543549 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

JP JOHNSTONE LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

1,198

2,079

CURRENT ASSETS

Debtors

5

7,889

8,120

Cash at bank

29,699

14,353

37,588

22,473

CREDITORS

Amounts falling due within one year

6

(36,960

)

(15,080

)

NET CURRENT ASSETS

628

7,393

TOTAL ASSETS LESS CURRENT LIABILITIES

1,826

9,472

PROVISIONS FOR LIABILITIES

7

(252

)

(437

)

NET ASSETS

1,574

9,035

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,474

8,935

SHAREHOLDERS' FUNDS

1,574

9,035

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 3 December 2025 and were signed by:

J P Johnstone - Director

1.	STATUTORY INFORMATION

JP Johnstone Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

06543549

Registered office:

The Lodge

Prestwick Manor Farm

Pockford Road

Chiddingfold

Surrey

GU8 4XS

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 the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

12,084

972

469

13,525

DEPRECIATION

At 1 April 2024

10,085

939

422

11,446

Charge for year

801

33

47

881

At 31 March 2025

10,886

972

469

12,327

NET BOOK VALUE

At 31 March 2025

1,198

-

-

1,198

At 31 March 2024

1,999

33

47

2,079

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

7,649

5,025

Other debtors

240

3,095

7,889

8,120

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

8,422

7,447

Other creditors

28,538

7,633

36,960

15,080

7.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Accelerated capital allowances

252

437

Deferred

tax

£

Balance at 1 April 2024

437

Accelerated capital allowances

(185

)

Balance at 31 March 2025

252

8.	RELATED PARTY DISCLOSURES

As at the reporting date, the company owed £20,604 (2024: £2,855 owed from) to Johnstone Grounds & Gardens Limited. Both companies are related by virtue of the directors, who are close family members.