REGISTERED NUMBER: 04662865 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

J & S ENGINEERING (UK) LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S D Hume

J Stipling

SECRETARY:

N Hume

REGISTERED OFFICE:

Evesham Road

Bishops Cleeve

Cheltenham

Gloucestershire

GL52 8SA

REGISTERED NUMBER:

04662865 (England and Wales)

ACCOUNTANTS:

Randall & Payne LLP

Chartered Accountants

Chargrove House

Shurdington Road

Cheltenham

Gloucestershire

GL51 4GA

FIXED ASSETS

Tangible assets

4

89,846

54,806

CURRENT ASSETS

Stocks

136,478

590,538

Debtors

5

452,659

583,906

Cash at bank

24,367

223,489

613,504

1,397,933

CREDITORS

Amounts falling due within one year

6

310,423

1,201,588

NET CURRENT ASSETS

303,081

196,345

TOTAL ASSETS LESS CURRENT LIABILITIES

392,927

251,151

CREDITORS

Amounts falling due after more than one year

7

(10,116

)

(24,737

)

PROVISIONS FOR LIABILITIES

(20,934

)

(12,516

)

NET ASSETS

361,877

213,898

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

360,877

212,898

361,877

213,898

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 December 2025 and were signed on its behalf by:

S D Hume - Director

J Stipling - Director

1.	STATUTORY INFORMATION

J & S Engineering (UK) Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover represents invoiced value of goods and services provided during the period, stated net of VAT. Revenue is recognised when the invoice is raised.

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

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

33% on cost

Stocks

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

Financial instruments

Financial Instruments are classified by the directors as basic or advanced following the conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Going concern

The directors have considered the risks and issues concerning the company and its activities and consider that there are no material uncertainties that may cast significant doubt about the company's ability to continue as a going concern but the company is reliant on the support of its directors.

Provisions

Provisions are recognised only where a present obligation exists as a result of a past transaction or event at or prior to the balance sheet date. In addition, a provision is only recognised where the amounts involved can be reliably estimated. Where material, provisions are calculated on a discounted basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

14,400

10,854

53,052

9,849

88,155

Additions

48,556

-

-

3,312

51,868

At 31 March 2025

62,956

10,854

53,052

13,161

140,023

DEPRECIATION

At 1 April 2024

8,000

5,451

16,738

3,160

33,349

Charge for year

6,654

1,081

7,263

1,830

16,828

At 31 March 2025

14,654

6,532

24,001

4,990

50,177

NET BOOK VALUE

At 31 March 2025

48,302

4,322

29,051

8,171

89,846

At 31 March 2024

6,400

5,403

36,314

6,689

54,806

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

233,852

303,198

Amounts owed by group undertakings

45,831

45,547

Other debtors

43,740

38,780

Directors' loan accounts

85,476

71,592

VAT

-

31,308

Prepayments

43,760

93,481

452,659

583,906

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,462

10,176

Hire purchase contracts

4,139

4,137

Trade creditors

210,917

524,173

Corporation Tax

61,481

57,545

Social security and other taxes

3,829

-

Pensions Payable

257

-

VAT

5,575

-

Credit Card

2,793

2,239

Directors' loan accounts

10,970

11,031

Accruals and Deferred Income

-

592,287

310,423

1,201,588

The bank overdraft is secured is by a fixed and floating charge from National Westminster Bank Plc over the assets of the company.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

1,749

12,231

Hire purchase contracts

8,367

12,506

10,116

24,737

8.	SECURED DEBTS

The company has a charge registered at Companies House with National Westminster Bank PLC.

The charge contains both fixed and floating charges. The floating charge covers all the property or undertaking of the company, and this also contains negative pledge.

9.	TRANSACTIONS WITH DIRECTORS

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

2025

2024

£

£

S D Hume

Balance outstanding at start of year

(11,031

)

(11,137

)

Amounts advanced

373

12,418

Amounts repaid

(312

)

(12,312

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(10,970

)

(11,031

)

J Stipling

Balance outstanding at start of year

71,592

54,766

Amounts advanced

14,339

17,138

Amounts repaid

(455

)

(312

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

85,476

71,592

Interest is being charged annually at the approved HMRC rate on the overdrawn loan to the director and there are no set repayment terms.

10.	RELATED PARTY DISCLOSURES

Within the Intercompany account is £45,831 owed by CSJ Enterprises (2024: £45,547 owed by CSJ Enterprises), a partnership in which both the directors are partners