REGISTERED NUMBER: 07199289 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

JOHN SLONE CONTRACTING LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J Slone

Mr J Tyson

REGISTERED OFFICE:

3 Green Area

Dalton in Furness

Cumbria

LA15 8LJ

REGISTERED NUMBER:

07199289 (England and Wales)

BANKERS:

National Westminster Bank plc

113 Dalton Road

Barrow-in-Furness

Cumbria

LA14 1WY

FIXED ASSETS

Tangible assets

4

672,199

328,024

CURRENT ASSETS

Debtors

5

622,006

520,161

Cash at bank

28,138

20,886

650,144

541,047

CREDITORS

Amounts falling due within one year

280,589

31,753

NET CURRENT ASSETS

369,555

509,294

TOTAL ASSETS LESS CURRENT LIABILITIES

1,041,754

837,318

CREDITORS

Amounts falling due after more than one year

348,195

91,455

NET ASSETS

693,559

745,863

CAPITAL AND RESERVES

Called up share capital

7

2

2

Retained earnings

693,557

745,861

SHAREHOLDERS' FUNDS

693,559

745,863

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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 November 2025 and were signed on its behalf by:

Mr J Slone - Director

1.	STATUTORY INFORMATION

John Slone Contracting Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 represents net invoiced sales of services, excluding VAT.

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.

Plant and machinery

-

20% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

33% on cost

Freehold property has not been depreciated which is a departure from the Financial Reporting Standard for Smaller Entities and from the Companies Act 2006.

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 6 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

701,569

Additions

612,492

Disposals

(135,810

)

At 31 March 2025

1,178,251

DEPRECIATION

At 1 April 2024

373,545

Charge for year

202,908

Eliminated on disposal

(70,401

)

At 31 March 2025

506,052

NET BOOK VALUE

At 31 March 2025

672,199

At 31 March 2024

328,024

Freehold property has not been depreciated which a departure from the Financial Reporting Standard for Smaller Entities and from the Companies Act 2006.

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST

At 1 April 2024

142,650

Additions

465,921

At 31 March 2025

608,571

DEPRECIATION

At 1 April 2024

and 31 March 2025

22,644

NET BOOK VALUE

At 31 March 2025

585,927

At 31 March 2024

120,006

5.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

300,000

210,000

6.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Hire purchase contracts

520,213

106,983

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

1

Ordinary

£1

1

1

1

A Ordinary

£1

1

1

2

2

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

Mr J Slone

Balance outstanding at start of year

292,892

153,936

Amounts advanced

371,210

292,892

Amounts repaid

(292,892

)

(153,936

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

371,210

292,892

During the financial year the director was charged £6,575 (2024: £4,424) interest on the loan which is unsecured and repayable on demand.

9.	RELATED PARTY DISCLOSURES

The balance owing from Joma Enterprises Ltd of which Mr J Slone is also a director is the sum of £66,152 (2024: £66,152).