REGISTERED NUMBER: 09552462 (England and Wales)

L. JARVIS & SONS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr L Jarvis

Mr P M Jarvis

Mr B J Jarvis

REGISTERED OFFICE:

The Bungalow

Thorpe Road

Middleton Cheney

Banbury

Oxfordshire

OX17 2QY

REGISTERED NUMBER:

09552462 (England and Wales)

ACCOUNTANTS:

Blencowes

15 High Street

Brackley

Northamptonshire

NN13 7DH

FIXED ASSETS

Tangible assets

4

207,799

126,085

CURRENT ASSETS

Stocks

39,500

32,500

Debtors

5

144,508

113,264

Cash at bank

348,606

485,575

532,614

631,339

CREDITORS

Amounts falling due within one year

6

168,325

175,771

NET CURRENT ASSETS

364,289

455,568

TOTAL ASSETS LESS CURRENT LIABILITIES

572,088

581,653

CREDITORS

Amounts falling due after more than one year

7

(80,714

)

(11,667

)

PROVISIONS FOR LIABILITIES

(35,467

)

(20,118

)

NET ASSETS

455,907

549,868

CAPITAL AND RESERVES

Called up share capital

102

102

Retained earnings

455,805

549,766

SHAREHOLDERS' FUNDS

455,907

549,868

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 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 24 November 2025 and were signed on its behalf by:

Mr P M Jarvis - Director

1.	STATUTORY INFORMATION

The presentation currency is rounded to the nearest 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

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 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 taxation

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.

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 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

335,601

445

157,090

2,497

495,633

Additions

212,200

-

20,999

-

233,199

Disposals

(1,867

)

-

(5,236

)

-

(7,103

)

At 31 March 2025

545,934

445

172,853

2,497

721,729

DEPRECIATION

At 1 April 2024

239,502

178

128,237

1,631

369,548

Charge for year

127,121

89

23,783

492

151,485

Eliminated on disposal

(1,867

)

-

(5,236

)

-

(7,103

)

At 31 March 2025

364,756

267

146,784

2,123

513,930

NET BOOK VALUE

At 31 March 2025

181,178

178

26,069

374

207,799

At 31 March 2024

96,099

267

28,853

866

126,085

The net book value of tangible fixed assets includes £ 139,500 in respect of assets held under hire purchase contracts.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

132,168

100,880

Prepayments and accrued income

12,340

12,384

144,508

113,264

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other loans

10,000

9,997

Hire purchase contracts

55,800

-

Trade creditors

33,919

25,685

Tax

4,074

71,424

Social security and other taxes

2,995

1,427

Wages and salaries control

-

568

Pensions control

1,035

448

VAT

55,783

55,948

Directors' current accounts

-

4,870

Accrued expenses

4,719

5,404

168,325

175,771

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other loans - 1-2 years

1,664

11,667

Hire purchase contracts

79,050

-

80,714

11,667

8.	RELATED PARTY DISCLOSURES

Rent of £11,520 was paid to Mr L Jarvis and £11,520 is paid to Mrs L Jarvis in the year ended 31 March 2024 (2024 Mr L Jarvis £11,520 and Mrs L Jarvis £11,520).

Rent was paid to Paul Jarvis during the year amounting to £2,550 (2024 £2,320).

Rent was paid to Ben Jarvis during the year amounting to £2,550 (2023 £2,550.

9.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party for the company during the period ended 31 March 2024.