J.R. Tyson (Powder Coating) Limited 31/03/2025 iXBRL

Company registration number: 01608221

J.R. Tyson (Powder Coating) Limited

Unaudited filleted financial statements

31 March 2025

J.R. Tyson (Powder Coating) Limited

Contents

Directors and other information

Statement of financial position

Notes to the financial statements

J.R. Tyson (Powder Coating) Limited

Directors and other information


	Directors	A Tyson
		B Tyson
		D Gilbert


	Secretary	Mrs D. Gilbert


	Company number	01608221


	Registered office	8/9 Rawreth Industrial Estate
		Rayleigh
		SS6 9RL


	Business address	8/9 Rawreth Industrial Estate
		Rayleigh
		SS6 9RL


	Accountants	Hill Allen (Wickford) Ltd
		Office 1 Riverside Court
		24 Lower Southend Road
		Wickford
		SS11 8AW




	Bankers	Barclays Bank plc
		63/65 High Street
		Rayleigh

J.R. Tyson (Powder Coating) Limited

Statement of financial position

31 March 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	20,208		30,649
		_______		_______
			20,208		30,649

Current assets
Debtors	6	7,060		6,871
Cash at bank and in hand		35,407		41,594
		_______		_______
		42,467		48,465
Creditors: amounts falling due
within one year	7	( 38,882)		( 71,239)
		_______		_______
Net current assets/(liabilities)			3,585		( 22,774)
			_______		_______
Total assets less current liabilities			23,793		7,875

			_______		_______
Net assets			23,793		7,875
			_______		_______

Capital and reserves
Called up share capital			70		70
Profit and loss account			23,723		7,805
			_______		_______
Shareholders funds			23,793		7,875
			_______		_______

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.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 17 November 2025 , and are signed on behalf of the board by:

A Tyson B Tyson

Director Director

Company registration number: 01608221

J.R. Tyson (Powder Coating) Limited

Notes to the financial statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England & Wales. The address of the registered office is 8/9 Rawreth Industrial Estate, Rayleigh, SS6 9RL.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland.The financial statements have been prepared on the historical cost basis.The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that 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 that are expected to apply to the reversal of the timing difference.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Plant and machinery	-	10 %	straight line
Fittings fixtures and equipment	-	20 %	straight line
Motor vehicles	-	25 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 3 (2024: 3 ).

5. Tangible assets

	Plant and machinery	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£	£
Cost
At 1 April 2024 and 31 March 2025	417,512	40,609	110,625	568,746
	_______	_______	_______	_______
Depreciation
At 1 April 2024	397,220	39,485	101,392	538,097
Charge for the year	7,432	700	2,309	10,441
	_______	_______	_______	_______
At 31 March 2025	404,652	40,185	103,701	548,538
	_______	_______	_______	_______
Carrying amount
At 31 March 2025	12,860	424	6,924	20,208
	_______	_______	_______	_______
At 31 March 2024	20,292	1,124	9,233	30,649
	_______	_______	_______	_______

6. Debtors

	2025	2024
	£	£
Other debtors	7,060	6,871
	_______	_______

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	7,008	7,008
Corporation tax	12,346	8,192
Social security and other taxes	9,095	14,288
Other creditors	10,433	41,751
	_______	_______
	38,882	71,239
	_______	_______

8. Related party transactions

During the year the company entered into the following transactions with related parties:

	Transaction value		Balance owed by/(owed to)
	2025	2024	2025	2024
	£	£	£	£
J R Tyson & Sons Ltd	( 101,720)	( 107,682)	( 6,178)	( 38,494)
	_______	_______	_______	_______

The company derives its income from the provision of services to an associated company, J R Tyson & Sons Ltd, a company registered in England & Wales.

9. Controlling party

The company is under the control of the Tyson family .