Registration number: 09389120

CJ Jerman Limited

Contents

Company Information	1
Directors' Report	2
Accountants' Report	3
Balance Sheet	4 to 5
Notes to the Unaudited Financial Statements	6 to 10

CJ Jerman Limited

Company Information

Directors

Mr Christopher John Jerman Mrs Caroline Ann Jerman

Registered office

The Ridge Chirbury Montgomery Powys SY15 6DD

Accountants

Oakleys Professional Limited 14 St Owen Street Hereford HR1 2PL

CJ Jerman Limited

Directors' Report for the Year Ended 30 April 2025

The directors present their report and the financial statements for the year ended 30 April 2025.

Directors of the company

The directors who held office during the year were as follows:

Mr Christopher John Jerman

Mrs Caroline Ann Jerman

Principal activity

The principal activity of the company is farming

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved by the Board on 8 December 2025 and signed on its behalf by:

......................................... Mr Christopher John Jerman Director

......................................... Mrs Caroline Ann Jerman Director

Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
CJ Jerman Limited
for the Year Ended 30 April 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of CJ Jerman Limited for the year ended 30 April 2025 as set out on pages 4 to 10 from the company's accounting records and from information and explanations you have given us.

We have not been instructed to carry out an audit or a review of the accounts of CJ Jerman Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Oakleys Professional Limited
14 St Owen Street
Hereford
HR1 2PL

8 December 2025

CJ Jerman Limited

(Registration number: 09389120)
Balance Sheet as at 30 April 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	5	81,040	69,562
Tangible assets	6	577,943	447,234
		658,983	516,796
Current assets
Stocks		153,595	134,680
Debtors		36,947	21,539
Cash at bank and in hand		11,047	26,943
		201,589	183,162
Creditors: Amounts falling due within one year		(343,722)	(308,306)
Net current liabilities		(142,133)	(125,144)
Total assets less current liabilities		516,850	391,652
Creditors: Amounts falling due after more than one year		(11,375)	(21,600)
Provisions for liabilities		(62,647)	(45,132)
Net assets		442,828	324,920
Capital and reserves
Called up share capital	7	1,000	1,000
Retained earnings		441,828	323,920
Shareholders' funds		442,828	324,920

For the financial year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 8 December 2025 and signed on its behalf by:
 

CJ Jerman Limited

(Registration number: 09389120)
Balance Sheet as at 30 April 2025

......................................... Mr Christopher John Jerman Director

......................................... Mrs Caroline Ann Jerman Director

CJ Jerman Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
The Ridge
Chirbury
Montgomery
Powys
SY15 6DD

These financial statements were authorised for issue by the Board on 8 December 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

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.

Tax

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

The current income 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.

CJ Jerman Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant & machinery	20% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

CJ Jerman Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 2).

4	Profit before tax

Arrived at after charging/(crediting)

	2025 £	2024 £
Depreciation expense	54,584	46,706

CJ Jerman Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

5	Intangible assets

	Dairy herd £	Total £
Cost or valuation
At 1 May 2024	69,562	69,562
Additions	12,000	12,000
Disposals	(522)	(522)
At 30 April 2025	81,040	81,040
Amortisation
Carrying amount
At 30 April 2025	81,040	81,040
At 30 April 2024	69,562	69,562

6	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 May 2024	209,697	570,716	780,413
Additions	38,553	207,889	246,442
Disposals	-	(96,903)	(96,903)
At 30 April 2025	248,250	681,702	929,952
Depreciation
At 1 May 2024	-	333,179	333,179
Charge for the year	-	74,308	74,308
Eliminated on disposal	-	(55,478)	(55,478)
At 30 April 2025	-	352,009	352,009
Carrying amount
At 30 April 2025	248,250	329,693	577,943
At 30 April 2024	209,697	237,537	447,234

Included within the net book value of land and buildings above is £248,250 (2024 - £209,697) in respect of freehold land and buildings.
 

CJ Jerman Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary A shares of £1 each	501	501	501	501
Ordinary B shares of £1 each	499	499	499	499
	1,000	1,000	1,000	1,000