Accounts



















	J B SANDS LTD



	UNAUDITED FINANCIAL STATEMENTS


	FOR THE YEAR ENDED 31 MARCH 2025

	J B SANDS LTD
	FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 MARCH 2025


	DIRECTORS

	Mrs M E Sands
	Mr P J Sands
	Mrs S Marchant
	Mrs E Foxley


	SECRETARY

	Mrs M E Sands

	REGISTERED OFFICE

	Ivydene Horsebrook Lane Brewood Staffs ST19 9LT


	COMPANY REGISTERED NUMBER

	01266861


	BANKERS

	National Westminster Bank plc


	SOLICITORS

	Tedstone George and Tedstone Solicitors Penkridge


	ACCOUNTANTS

	Jonathan Loescher & Co Ltd
	Chartered Accountants
	The Steading, Jerrys Lane, Packington, Lichfield, Staffs WS14 9QA


	CONTENTS

	Pages


	2-3	Statement of Financial Position


	4-8	Notes to the Financial Statements

	page 1

J B SANDS LTD
Company registered number: 01266861
STATEMENT OF FINANCIAL POSITION AT 31 March 2025

	Note	2025		2024
		£	£	£
FIXED ASSETS
Property, plant and equipment	3		120,755	145,769
CURRENT ASSETS
Debtors	4	52,639		44,906
Financial assets	5	1,720,751		1,685,990
Cash at bank and in hand		1,369		9,148
		1,774,759		1,740,044
CREDITORS: Amounts falling due within one year	6	770,661		693,909
NET CURRENT ASSETS			1,004,098	1,046,135
TOTAL ASSETS LESS CURRENT LIABILITIES			1,124,853	1,191,904

PROVISIONS FOR LIABILITIES			(25,000)	(25,000)
NET ASSETS			£1,099,853	£1,166,904

CAPITAL AND RESERVES
Called up share capital			194	194
Other reserves			46	46
Retained earnings			1,099,613	1,166,664
SHAREHOLDERS' FUNDS			£1,099,853	£1,166,904

	The notes on pages 4-8 form part of these financial statements

	page 2

J B SANDS LTD
Company registered number: 01266861
STATEMENT OF FINANCIAL POSITION AT 31 March 2025 (CONT.)

	Note	2025		2024
		£	£	£



	In approving these financial statements as directors of the company we hereby confirm the following:

	For the year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

	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: 1) ensuring that the company keeps accounting records which comply with Sections 386 and 386 of the Companies Act 2006, and 2) preparing financial statements that give a true and fair view of the state of affairs of the company at at the end of each financial year and of its profit or loss for the 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 the financial statements, so far as they are applicable to the company.


	These financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies

	In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

	The financial statements were approved and authorised for issue by the board of directors on 09 December 2025

	Signed on behalf of the board of directors



	Mr P J Sands, Director

	The notes on pages 4-8 form part of these financial statements

	page 3

	J B SANDS LTD
	NOTES TO THE ACCOUNTS
	FOR THE YEAR ENDED 31 MARCH 2025



1.	SIGNIFICANT ACCOUNTING POLICIES


1a.	Statement of compliance

	J B Sands Ltd is a {TYPE OF ENTITY} incorporated in {PLACE OF INCORPORATION}.

	Registered office:
	Ivydene Horsebrook Lane Brewood Staffs ST19 9LT
	These financial statements are the first financial statements that comply with FRS 102. The date of transition is 1 April 2024.

	The transition to FRS 102 has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in notes and below. These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

	Basis of accounting


	The financial statements have been prepared under the historical cost convention. The presentation currency is £ sterling.


1c.	Revenue recognition

	Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.


1d.	Borrowing costs

	Borrowing costs directly attributable to the acquisition, construction or production of qualifying assets, which are assets that necessarily take a substantial period of time to get ready for their intended use or sale, are added to the cost of those assets, until such time as the assets are substantially ready for their intended use or sale. Investment income earned on the temporary investment of specific borrowings pending their expenditure on qualifying assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.

	The notes on pages 4-8 form part of these financial statements

	page 4

	J B SANDS LTD
	NOTES TO THE ACCOUNTS (CONT.)
	FOR THE YEAR ENDED 31 MARCH 2025



1.	SIGNIFICANT ACCOUNTING POLICIES (CONT.)


1e.	Taxation

	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 temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary 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. 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. The measurement of deferred tax liabilities and assets reflects 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 or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.


1f.	Property, plant and equipment

	Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.

	Plant and machinery	Reducing balance 25%
	Vehicles	Reducing balance 25%
	Fixtures and fittings	Reducing balance 10%


1g.	Inventories

	Stocks are stated at the lower of cost and net realisable value. Cost includes all costs incurred in bringing each product to its present location and condition.


1h.	Short term debtors and creditors

	Debtors and creditors receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in profit and loss.


1i.	Cash and cash equivalents

	Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. For the purpose of statement of cash flows, bank overdrafts which are repayable on demand form an integral part of the Company's cash management are included as a component of cash and cash equivalents.

	The notes on pages 4-8 form part of these financial statements

	page 5

	J B SANDS LTD
	NOTES TO THE ACCOUNTS (CONT.)
	FOR THE YEAR ENDED 31 MARCH 2025



1.	SIGNIFICANT ACCOUNTING POLICIES (CONT.)


1j.	Interest bearing borrowings

	All interest-bearing loans and borrowings which are basic financial instruments are initially recognised at the present value of cash payable to the bank (including interest). After initial recognition they are measured at amortised cost using the effective interest rate method, less impairment. Any difference between the amount initially recognised and redemption value is recognised in profit and loss together with any interest and fees payable.


1k.	Leased assets

	Assets held under finance leases, which are leases where substantially all the risks and rewards of ownership of the asset have passed to the Company are capitalised in the balance sheet and are depreciated over the shorter of the lease term and the asset's useful life. A corresponding liability is recognised for the lower of the fair value of the leased asset and the present value of the minimum lease payments in the balance sheet. Lease payments are apportioned between the reduction of the lease liability and finance charges in the income statement so as to achieve a constant rate of interest on the remaining balance of the liability. Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term. Lease incentives are recognised over the lease term on a straight line basis.


1l.	Foreign currencies

	Transactions in foreign currencies are initially recorded in the entity’s functional currency by applying the spot exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.


1m.	Employee benefits

	The obligations for contributions to defined contribution scheme are recognised as an expense as incurred. The assets of the scheme are held separately from those of the Company in an independent administered fund.


1n.	Discontinued operations

	A discontinued operation is a component of the Company's business, the operations and cash flows of which can be clearly distinguished from the rest of the Company and which represents a separate major line of business or geographical area of operations, or is part of a signal coordinated disposal of a separate major line of business or geographical area of operations, or is a subsidiary acquired exclusively with a review to resale.


1o.	Provisions

	Provisions are recognised when the Company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the time value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.

	The notes on pages 4-8 form part of these financial statements

	page 6

	J B SANDS LTD
	NOTES TO THE ACCOUNTS (CONT.)
	FOR THE YEAR ENDED 31 MARCH 2025



1.	SIGNIFICANT ACCOUNTING POLICIES (CONT.)


1p.	Judgements and key sources of estimation uncertainty

	In the application of the Company's accounting policies, management is required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. The key sources of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are described below:



2.	DIRECTORS AND EMPLOYEES

	The average weekly number of employees during the year were as follows:
		2025	2024
		No.	No.
	Management and administration	1	1
		1	1


3.	PROPERTY, PLANT AND EQUIPMENT
			Plant &
		Freehold	Machinery	Total
		£	£	£
	Cost

	At 1 April 2024	45,714	241,464	287,178

	At 31 March 2025	45,714	241,464	287,178

	Depreciation

	At 1 April 2024	-	141,409	141,409
	For the year	-	25,014	25,014
	At 31 March 2025	-	166,423	166,423

	Net Book Amounts

	At 31 March 2025	£45,714	£75,041	£120,755
	At 31 March 2024	£45,714	£100,055	£145,769

	The notes on pages 4-8 form part of these financial statements

	page 7

	J B SANDS LTD
	NOTES TO THE ACCOUNTS (CONT.)
	FOR THE YEAR ENDED 31 MARCH 2025



4.	DEBTORS	2025	2024
		£	£
	Trade debtors	43,954	39,062
	Social security and other taxes	8,685	5,844
		£52,639	£44,906



5.	FINANCIAL ASSETS	2025	2024
		£	£
	Share of assets of J B Sands Partnership	1,720,751	1,685,990
	Listed investments	646	646
		£1,721,397	£1,686,636



6.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		2025	2024
		£	£
	Debenture loans	83,750	73,750
	Finance leases and hire purchase contracts	38,926	83,777
	Trade creditors	305,789	238,632
	Amounts owed to undertakings in which the company has a participating interest	304,662	272,984
	Corporation tax	7,000	12,000
	Other taxes and social security	27,034	9,266
	Accruals and deferred income	3,500	3,500
		£770,661	£693,909

	The notes on pages 4-8 form part of these financial statements

	page 8