REGISTERED NUMBER: 04682562 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Jonathan Ford & Co Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs A Brown

J J Mansley

REGISTERED OFFICE:

Office 1 Floor 1 Maxwell House

Liverpool Innovation Park, Edge Lane

Liverpool

L7 9NJ

REGISTERED NUMBER:

04682562 (England and Wales)

ACCOUNTANTS:

Jonathan Ford & Co Limited

Chartered Accountants

Maxwell House

Liverpool Innovation Park

Liverpool

Merseyside

L7 9NJ

FIXED ASSETS

Tangible assets

4

3,129

5,533

CURRENT ASSETS

Debtors

5

104,889

135,728

Cash at bank

214,704

230,214

319,593

365,942

CREDITORS

Amounts falling due within one year

6

93,432

107,927

NET CURRENT ASSETS

226,161

258,015

TOTAL ASSETS LESS CURRENT LIABILITIES

229,290

263,548

CREDITORS

Amounts falling due after more than one year

7

(6,163

)

(16,517

)

PROVISIONS FOR LIABILITIES

(679

)

(1,271

)

NET ASSETS

222,448

245,760

CAPITAL AND RESERVES

Called up share capital

79

79

Capital redemption reserve

21

21

Retained earnings

222,348

245,660

SHAREHOLDERS' FUNDS

222,448

245,760

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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 15 December 2025 and were signed on its behalf by:

Mrs A Brown - Director

1.	STATUTORY INFORMATION

Jonathan Ford & Co 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.

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.

Critical accounting judgements and key sources of estimation uncertainty

1. Useful economic lives of tangible assets

The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are re-assessed annually. They are amended when necessary to reflect current estimates, based on technological advancement, and the physical condition of the asset.

2. Impairment of trade debtors

The company makes an estimate of the recoverable value of trade debtors. When assessing impairment of trade debtors, the directors consider factors including the ageing profile of the debtors and historical experience.

3. Deferred tax provisioning

Deferred tax is recognised on all timing differences at the balance sheet date. The company's timing differences predominantly arise on the differing tax and accounting values of tangible assets. Judgement is exercised by the directors in determining the useful economic lives and residual values of tangible assets which is relevant in determining the value of deferred tax liabilities or assets.

Turnover and revenue recognition

Turnover represents services supplied, net of VAT.

Revenue derived from non-refundable monthly invoicing is recognised in the month to which the invoice relates. Revenue derived from annual invoicing is recognised when the associated work is completed. Commission earned through referring clients to a financial services provider is recognised when the company is authorised to retain the commission by the client.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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

Plant and

machinery

etc

£

COST

At 1 April 2024

57,439

Additions

742

At 31 March 2025

58,181

DEPRECIATION

At 1 April 2024

51,906

Charge for year

3,146

At 31 March 2025

55,052

NET BOOK VALUE

At 31 March 2025

3,129

At 31 March 2024

5,533

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

85,364

103,790

Other debtors

19,525

31,938

104,889

135,728

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

10,353

10,096

Trade creditors

4,691

8,822

Taxation and social security

61,299

71,016

Other creditors

17,089

17,993

93,432

107,927

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

6,163

16,517

8.	OTHER FINANCIAL COMMITMENTS

The company is committed to pay £61,495 in future accounting periods under non-cancellable operating leases. Of this amount, £14,841 falls due within the next 12 months

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31.3.25

31.3.24

£

£

Mrs A Brown

Balance outstanding at start of year

11,840

-

Amounts advanced

-

23,794

Amounts repaid

(11,840

)

(11,954

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

11,840

J J Mansley

Balance outstanding at start of year

185

-

Amounts advanced

-

23,794

Amounts repaid

(185

)

(23,609

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

185

10.	RELATED PARTY DISCLOSURES

The company rents office accommodation for an annual rent of £3,600 from each of the current directors and shareholders.

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the directors.