Texan Jersey Limited - Filleted accounts

Registered number

03385592

Texan Jersey Limited

Filleted Accounts

30 June 2025

Texan Jersey Limited
Registered number:		03385592
Balance Sheet
as at 30 June 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		494,618			534,021

Current assets
Stocks		426,378			420,708
Debtors	4	759,782			988,105
Cash at bank and in hand		40,571			52,678
		1,226,731			1,461,491

Creditors: amounts falling due within one year	5	(884,900)			(904,098)

Net current assets			341,831			557,393

Net assets			836,449			1,091,414

Capital and reserves
Called up share capital			100			100
Profit and loss account			836,349			1,091,314

Shareholders' funds			836,449			1,091,414

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Naeem Mohammed
Director
Approved by the board on 1 December 2025

Texan Jersey Limited
Notes to the Accounts
for the year ended 30 June 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			15% reducing balance
	Motor Vehicles			25% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					11		13


3	Tangible fixed assets
		Land and buildings		Plant and machinery		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 July 2024	206,230		1,524,016		44,621		1,774,867
	At 30 June 2025	206,230		1,524,016		44,621		1,774,867

	Depreciation
	At 1 July 2024	-		1,210,754		30,092		1,240,846
	Charge for the year	-		35,771		3,632		39,403
	At 30 June 2025	-		1,246,525		33,724		1,280,249

	Net book value
	At 30 June 2025	206,230		277,491		10,897		494,618
	At 30 June 2024	206,230		313,262		14,529		534,021


4	Debtors					2025		2024
£							£

	Trade debtors					693,249		849,145
	Other debtors					66,533		138,960
						759,782		988,105


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					1,809		1,206
	Trade creditors					855,465		873,293
	Taxation and social security costs					19,891		22,700
	Other creditors					7,735		6,899
						884,900		904,098


6	Other information

	Texan Jersey Limited is a private company limited by shares and incorporated in England. Its registered office is:
	42 Percy Road
	Leicester
	LE2 8FP