| Registered Number:09182516 |
For the year ended 31 July 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 July 2025
Peter James & Sons Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Peter James & Sons Ltd
Statement of Financial Position
2024
2025
1,000
2,000
2
| Property, plant and equipment |
233,954
165,850
3
234,954
167,850
| Trade and other receivables |
83,411
100,272
4
44,591
| Cash and cash equivalents |
48,310
148,582
128,002
| Trade and other payables: amounts falling due within one |
| year |
(102,212)
(103,829)
5
25,790
44,753
Net current assets
| Total assets less current liabilities |
279,707
193,640
| Trade and other payables: amounts falling due after more |
| than one year |
(20,593)
(29,992)
6
(53,711)
(39,294)
| Provisions for liabilities |
196,004
Net assets
133,753
100
100
195,904
133,653
196,004
133,753
Shareholders' funds
| For the year ended 31 July 2025 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
| The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 17 December 2025 and were signed by: |
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For the year ended 31 July 2025
Peter James & Sons Ltd
Statement of Financial Position Continued
| The notes form part of these financial statements |
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For the year ended 31 July 2025
Peter James & Sons Ltd
Notes to the Financial Statements
Statutory Information
| Peter James & Sons Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration |
| number 09182516. |
Fieldway
Pentre Road
Holywell
Flintshire
CH8 8BS
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Goodwill
| Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of 11 years. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Computer equipment
Motor vehicles
Deferred tax
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Hire purchase and leasing commitments
| Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a method giving a constant rate of return on the balance outstanding. |
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For the year ended 31 July 2025
Peter James & Sons Ltd
Notes to the Financial Statements Continued
| 2. Intangible fixed assets |
Goodwill
11,000
11,000
9,000
1,000
Charge for year
10,000
1,000
2,000
| 3. Property, plant and equipment |
Motor vehicles
438,091
516
427,644
9,931
87,089
-
86,240
849
10,780
513,884
516
525,180
| Provision for depreciation and impairment |
272,241
516
267,144
4,581
Charge for year
18,985
-
17,240
1,745
291,226
516
284,384
6,326
4,454
229,500
-
233,954
5,350
160,500
-
165,850
| 4. Trade and other receivables |
2024
2025
89,963
72,423
| Prepayments and accrued income |
10,309
10,988
83,411
100,272
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For the year ended 31 July 2025
Peter James & Sons Ltd
Notes to the Financial Statements Continued
| 5. Trade and other payables: amounts falling due within one year |
2024
2025
11,229
11,201
20,089
20,605
| Taxation and social security |
54,622
52,235
| Obligations under HP/Financial leases |
17,889
18,171
103,829
102,212
| 6. Trade and other payables: amounts falling due after more than one year |
2024
2025
-
9,705
31
308
10,857
29,684
| Obligations under HP/Financial leases |
29,992
20,593
| 7. Average number of persons employed |
During the year the average number of employees was 4 (2024 : 4)
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