J W Eynon Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08575958

J W Eynon Ltd

Filleted Unaudited Financial Statements

5 April 2025

J W Eynon Ltd

Statement of Financial Position

5 April 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5	1,709	504
Investments	6	8	8
		-------	----
		1,717	512

Current assets

Debtors	7	2,873,309	2,079,676
Cash at bank and in hand		877,827	1,029,059
		------------	------------
		3,751,136	3,108,735

Creditors: amounts falling due within one year	8	1,762		111,875
		------------		------------
Net current assets			3,749,374	2,996,860
			------------	------------
Total assets less current liabilities			3,751,091	2,997,372
			------------	------------
Net assets			3,751,091	2,997,372
			------------	------------

Capital and reserves

Called up share capital	8	8
Profit and loss account	3,751,083	2,997,364
	------------	------------
Shareholders funds	3,751,091	2,997,372
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 5 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

J W Eynon Ltd

Statement of Financial Position (continued)

5 April 2025

These financial statements were approved by the board of directors and authorised for issue on 24 October 2025 , and are signed on behalf of the board by:

Mr J W Eynon
Director

Company registration number: 08575958

J W Eynon Ltd

Notes to the Financial Statements

Year ended 5 April 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 1 Picton Lane, Swansea, SA1 4AF.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Office equipment	-	25% straight line

Investments in associates

Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Tangible assets

	Office equipment	Total
	£	£
Cost
At 6 April 2024	6,807	6,807
Additions	2,278	2,278
Disposals	( 2,747)	( 2,747)
	-------	-------
At 5 April 2025	6,338	6,338
	-------	-------
Depreciation
At 6 April 2024	6,303	6,303
Charge for the year	1,073	1,073
Disposals	( 2,747)	( 2,747)
	-------	-------
At 5 April 2025	4,629	4,629
	-------	-------
Carrying amount
At 5 April 2025	1,709	1,709
	-------	-------
At 5 April 2024	504	504
	-------	-------

6. Investments

	Other investments other than loans
	£
Cost
At 6 April 2024 and 5 April 2025	8
	----
Impairment
At 6 April 2024 and 5 April 2025	–
	----

Carrying amount
At 5 April 2025	8
	----
At 5 April 2024	8
	----

7. Debtors

	2025	2024
	£	£
Other debtors	2,873,309	2,079,676
	------------	------------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Social security and other taxes	408	408
Other creditors	1,354	111,467
	-------	---------
	1,762	111,875
	-------	---------