REGISTERED NUMBER: 01508597 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST OCTOBER 2025

FOR

JOHN LAWSON DISTRIBUTORS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs C MacNeaney

Mr F MacNeaney

Mr S Riches

Mr D MacNeaney

SECRETARY:

Mrs C MacNeaney

REGISTERED OFFICE:

Scotshaw Brook House

Lower Darwen

Darwen

Lancashire

BB3 0PR

REGISTERED NUMBER:

01508597 (England and Wales)

SENIOR STATUTORY AUDITOR:

C L Higgins F.C.A.

AUDITORS:

Whitehead & Howarth

Statutory Auditors

327 Clifton Drive South

Lytham St Annes

Lancashire

FY8 1HN

FIXED ASSETS

Intangible assets

5

14,400

18,000

Tangible assets

6

91,657

73,726

106,057

91,726

CURRENT ASSETS

Stocks

269,391

301,376

Debtors

7

330,653

313,506

Cash at bank and in hand

133,629

166,258

733,673

781,140

CREDITORS

Amounts falling due within one year

8

221,823

224,423

NET CURRENT ASSETS

511,850

556,717

TOTAL ASSETS LESS CURRENT LIABILITIES

617,907

648,443

CREDITORS

Amounts falling due after more than one year

9

(1,250

)

(6,250

)

PROVISIONS FOR LIABILITIES

(2,361

)

(648

)

NET ASSETS

614,296

641,545

CAPITAL AND RESERVES

Called up share capital

12

5,355

5,355

Retained earnings

13

608,941

636,190

SHAREHOLDERS' FUNDS

614,296

641,545

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 16th December 2025 and were signed on its behalf by:

Mr S Riches - Director

1.	STATUTORY INFORMATION

John Lawson Distributors 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.	STATEMENT OF COMPLIANCE

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. There were no material departures from that standard.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.

Turnover

The turnover shown in the profit and loss account represents the value of all goods sold and services provided during the year, less returns received, at selling price exclusive of Value Added Tax. Sales are recognised at the point at which the company has fulfilled its contractual obligations and the risks and rewards attaching to the product and service have been transfered to the customer.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2005 was fully amortised in 2010.

Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of ten years, commencing in November 2019.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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.

Improvements to property

-

20% on cost

Plant and machinery

-

at 20% on reducing balance and on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

at 20% on reducing balance and on cost

Tangible fixed assets are initially recorded at historic cost and stated in the balance sheet at their net book value, being the amount of capital expenditure less accumulated depreciation.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2024 - 14 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st November 2024

and 31st October 2025

76,000

AMORTISATION

At 1st November 2024

58,000

Amortisation for year

3,600

At 31st October 2025

61,600

NET BOOK VALUE

At 31st October 2025

14,400

At 31st October 2024

18,000

6.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1st November 2024

11,244

1,549

8,790

Additions

-

-

119

Disposals

-

-

-

At 31st October 2025

11,244

1,549

8,909

DEPRECIATION

At 1st November 2024

3,373

1,549

3,927

Charge for year

2,249

-

992

Eliminated on disposal

-

-

-

At 31st October 2025

5,622

1,549

4,919

NET BOOK VALUE

At 31st October 2025

5,622

-

3,990

At 31st October 2024

7,871

-

4,863

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1st November 2024

109,992

10,564

142,139

Additions

42,985

-

43,104

Disposals

(30,541

)

-

(30,541

)

At 31st October 2025

122,436

10,564

154,702

DEPRECIATION

At 1st November 2024

54,919

4,645

68,413

Charge for year

14,545

826

18,612

Eliminated on disposal

(23,980

)

-

(23,980

)

At 31st October 2025

45,484

5,471

63,045

NET BOOK VALUE

At 31st October 2025

76,952

5,093

91,657

At 31st October 2024

55,073

5,919

73,726

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

Motor

vehicles

£

COST

At 1st November 2024

and 31st October 2025

25,590

DEPRECIATION

At 1st November 2024

5,331

Charge for year

4,221

At 31st October 2025

9,552

NET BOOK VALUE

At 31st October 2025

16,038

At 31st October 2024

20,259

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/10/25

31/10/24

£

£

Trade debtors

327,940

308,637

Amounts owed by group undertakings

1,025

843

Other debtors

-

300

Prepayments and accrued income

1,688

3,726

330,653

313,506

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/10/25

31/10/24

£

£

Hire purchase contracts (see note 10)

5,000

5,000

Trade creditors

146,553

134,098

Tax

14,168

28,027

Social security and other taxes

8,594

7,405

VAT

21,441

32,949

Other creditors

1,458

-

Accruals and deferred income

24,609

16,944

221,823

224,423

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/10/25

31/10/24

£

£

Hire purchase contracts (see note 10)

1,250

6,250

10.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31/10/25

31/10/24

£

£

Net obligations repayable:

Within one year

5,000

5,000

Between one and five years

1,250

6,250

6,250

11,250

Non-cancellable

operating leases

31/10/25

31/10/24

£

£

Within one year

30,000

24,000

Between one and five years

120,000

96,000

In more than five years

195,000

172,000

345,000

292,000

11.	SECURED DEBTS

The following secured debts are included within creditors:

31/10/25

31/10/24

£

£

Hire purchase contracts

6,250

11,250

Amounts owing on hire purchase contracts are secured on the assets they relate to.

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/10/25

31/10/24

value:

£

£

5,355

Ordinary

£1

5,355

5,355

13.

RESERVES

Retained

earnings

£

At 1st November 2024

636,190

Profit for the year

47,751

Dividends

(75,000

)

At 31st October 2025

608,941

14.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

C L Higgins F.C.A. (Senior Statutory Auditor)

for and on behalf of Whitehead & Howarth

15.	CONTINGENT LIABILITIES

The Bank of Ireland holds a debenture dated 7th September 2008 over the assets of the company.

16.	RELATED PARTY DISCLOSURES

The company sold goods of £2,295 (2024: £2,295) to A.E.F. Limited and purchased goods of £nil (2024: £820) from A.E.F. Limited during the year.

A.E.F. Limited is a company under common control, at the balance sheet date £1,025 (2024: £843) was owing by A.E.F. Limited to the company.

A dividend of £75,000 (2024: £100,000) was paid in the year to Datajan Holdings Limited, the parent company.

17.	CONTROLLING PARTY