E. And V. Jones (Butchers) Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 01227623

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		2,283		2,603
Investments	7		-		1,400,000

			2,283		1,402,603
CURRENT ASSETS
Stocks	8	2,820		2,800
Debtors	9	40,865		1,550
Cash at bank and in hand		886,758		21,430

		930,443		25,780
Creditors: Amounts Falling Due Within One Year	10	(92,540 )		(27,533 )

NET CURRENT ASSETS (LIABILITIES)			837,903		(1,753 )

TOTAL ASSETS LESS CURRENT LIABILITIES			840,186		1,400,850

Creditors: Amounts Falling Due After More Than One Year	11		(9,987 )		(9,987 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(210,565 )		(210,565 )

NET ASSETS			619,634		1,180,298

CAPITAL AND RESERVES
Called up share capital	12		9,100		9,100
Revaluation reserve	14		-		896,717
Profit and Loss Account			610,534		274,481

SHAREHOLDERS' FUNDS			619,634		1,180,298

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E. And V. Jones (Butchers) Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr E Jones

Director

11/09/2025

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

E. And V. Jones (Butchers) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01227623 . The registered office is 98 Hornchurch Road, Hornchurch, Essex, RM11 1JS.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	25% reducing balance
Fixtures & Fittings	25% reducing balance

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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E. And V. Jones (Butchers) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.6. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 8 (2024: 9)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2024	25,000

As at 31 March 2025	25,000

Amortisation
As at 1 April 2024	25,000

As at 31 March 2025	25,000

Net Book Value
As at 31 March 2025	-

As at 1 April 2024	-

5. Tangible Assets

	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 April 2024	4,162	22,376	26,538
Additions	-	441	441

As at 31 March 2025	4,162	22,817	26,979

Depreciation
As at 1 April 2024	4,062	19,873	23,935
Provided during the period	25	736	761

As at 31 March 2025	4,087	20,609	24,696

Net Book Value
As at 31 March 2025	75	2,208	2,283

As at 1 April 2024	100	2,503	2,603

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E. And V. Jones (Butchers) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Investment Property

If investment property had been accounted for under historical cost accounting rules, the amounts would be:

	2025	2024
	£	£
Cost	292,943	292,943

The investment propery was valued on the open market basis on 31/03/2019 by E V Jones

7. Investments

	Other
	£
Cost
As at 1 April 2024	1,400,000
Disposals	(1,400,000 )

As at 31 March 2025	-

Provision
As at 1 April 2024	-

As at 31 March 2025	-

Net Book Value
As at 31 March 2025	-

As at 1 April 2024	1,400,000

8. Stocks

	2025	2024
	£	£
Stock	2,820	2,800

9. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	3,249	832
Other debtors	37,616	718

	40,865	1,550

10. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	3,432	2,690
Other creditors	12,100	19,044
Taxation and social security	77,008	5,799

	92,540	27,533

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E. And V. Jones (Butchers) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

11. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Other creditors	9,987	9,987

12. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	9,100	9,100

13. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2025
	£	£	£	£	£
Mr Edward Jones	-	37,524	-	-	37,524

The director's overdrawn loan account has been repaid within nine months of year end.

14. Reserves

	Revaluation Reserve
	£
As at 1 April 2024	896,717
Transfer to profit and loss	(896,717 )

As at 31 March 2025	-

Due to the investment property being sold, the revaluation reserve was reversed.

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