J. N. Colton & Sons Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 04677901

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		70,868		91,094

			70,868		91,094
CURRENT ASSETS
Stocks	5	40,627		119,555
Debtors	6	49,485		23,250
Cash at bank and in hand		342,491		313,940

		432,603		456,745
Creditors: Amounts Falling Due Within One Year	7	(178,394 )		(285,647 )

NET CURRENT ASSETS (LIABILITIES)			254,209		171,098

TOTAL ASSETS LESS CURRENT LIABILITIES			325,077		262,192

PROVISIONS FOR LIABILITIES
Deferred Taxation			(17,717 )		(22,774 )

NET ASSETS			307,360		239,418

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			307,260		239,318

SHAREHOLDERS' FUNDS			307,360		239,418

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J. N. Colton & Sons 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 members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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 G J Colton

Director

2 December 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

J. N. Colton & Sons Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04677901 . The registered office is Suite 26 Atlas House, West Devon Business Park, Tavistock, Devon, PL19 9DP.

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 comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:

The amount of revenue can be reliably measured;

it is probable that future economic benefits will flow to the entity;

and specific criteria have been met for each of the company's activities.

2.3. 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:

Freehold	2% straight line
Plant & Machinery	10% straight line
Motor Vehicles	20% straight line
Tractors	20% straight line
Computer Equipment	33% straight line

2.4. Stocks and Work in Progress

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

2.5. Taxation

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that achange attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

3. Average Number of Employees

4 Average number of employees, including directors, during the year was: 4 (2024: 4)

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J. N. Colton & Sons Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Tractors
	£	£	£	£
Cost
As at 1 April 2024	15,372	324,420	29,950	113,300
Disposals	-	(20,950 )	-	(51,850 )

As at 31 March 2025	15,372	303,470	29,950	61,450

Depreciation
As at 1 April 2024	1,992	257,868	29,950	102,138
Provided during the period	307	17,069	-	2,850
Disposals	-	(20,950 )	-	(51,850 )

As at 31 March 2025	2,299	253,987	29,950	53,138

Net Book Value
As at 31 March 2025	13,073	49,483	-	8,312

As at 1 April 2024	13,380	66,552	-	11,162


	Computer Equipment	Total
	£	£
Cost
As at 1 April 2024	261	483,303
Disposals	-	(72,800 )

As at 31 March 2025	261	410,503

Depreciation
As at 1 April 2024	261	392,209
Provided during the period	-	20,226
Disposals	-	(72,800 )

As at 31 March 2025	261	339,635

Net Book Value
As at 31 March 2025	-	70,868

As at 1 April 2024	-	91,094

5. Stocks

	2025	2024
	£	£
Stock	40,627	119,555

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J. N. Colton & Sons Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	44,432	17,362
Other debtors	5,053	5,888

	49,485	23,250

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	5,873	28,248
Other creditors	137,818	244,452
Taxation and social security	34,703	12,947

	178,394	285,647

8. Share Capital

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

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