REGISTERED NUMBER: 07365131 (England and Wales)

V J THOMAS AND SON LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A G Thomas

J E Thomas

E G Thomas

C M L Thomas

G R Thomas

SECRETARY:

E G Thomas

REGISTERED OFFICE:

Pembroke House

Llantarnam Park Way

Cwmbran

Torfaen

NP44 3AU

REGISTERED NUMBER:

07365131 (England and Wales)

ACCOUNTANTS:

Green & Co

Accountants and Tax Advisors

Pembroke House

Llantarnam Park Way

Cwmbran

Torfaen

NP44 3AU

FIXED ASSETS

Tangible assets

4

4,262,002

3,647,701

CURRENT ASSETS

Stocks

3,481,446

3,268,800

Debtors

5

1,260,861

795,958

Cash at bank

272,399

241

5,014,706

4,064,999

CREDITORS

Amounts falling due within one year

6

3,165,909

1,949,000

NET CURRENT ASSETS

1,848,797

2,115,999

TOTAL ASSETS LESS CURRENT LIABILITIES

6,110,799

5,763,700

CREDITORS

Amounts falling due after more than one year

7

3,056,280

3,498,756

NET ASSETS

3,054,519

2,264,944

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

3,054,419

2,264,844

SHAREHOLDERS' FUNDS

3,054,519

2,264,944

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 Profit and Loss has not been delivered.

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

A G Thomas - Director

E G Thomas - Director

1.	STATUTORY INFORMATION

V J Thomas and Son 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Improvements to property

-

4% on cost and Not provided

Plant and machinery

-

15% on reducing balance

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 Profit and Loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

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.

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 29 (2024 - 32 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

property

machinery

Totals

£

£

£

COST

At 1st April 2024

714,298

5,242,616

5,956,914

Additions

194,332

1,172,604

1,366,936

Disposals

-

(417,104

)

(417,104

)

At 31st March 2025

908,630

5,998,116

6,906,746

DEPRECIATION

At 1st April 2024

103,693

2,205,520

2,309,213

Charge for year

8,722

486,977

495,699

Eliminated on disposal

-

(160,168

)

(160,168

)

At 31st March 2025

112,415

2,532,329

2,644,744

NET BOOK VALUE

At 31st March 2025

796,215

3,465,787

4,262,002

At 31st March 2024

610,605

3,037,096

3,647,701

Included in the fixed assets are items with a book value of £1,393,806 (2024 - £1,839,902) which are held under hire purchase agreements. These items incurred depreciation of £242,601 (2024 - £324,685) during the year.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,112,108

717,610

VAT

148,753

78,348

1,260,861

795,958

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

36,670

138,036

Hire purchase contracts

423,653

501,427

Trade creditors

2,015,864

554,092

Loan from E G, C M L and

G R Thomas

670,865

734,759

Accrued expenses

18,857

20,686

3,165,909

1,949,000

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - more than 1 year

2,509,798

2,552,864

Hire purchase contracts

546,482

945,892

3,056,280

3,498,756

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100