REGISTERED NUMBER: 13643938 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

HARRIS & JONES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S P Harris

V C Harris

REGISTERED OFFICE:

Church View Chambers

38 Market Square

Toddington

Dunstable

Bedfordshire

LU5 6BS

REGISTERED NUMBER:

13643938 (England and Wales)

ACCOUNTANTS:

Landers Accountants Ltd

Church View Chambers

38 Market Square

Toddington

Bedfordshire

LU5 6BS

FIXED ASSETS

Intangible assets

4

52,229

56,110

Tangible assets

5

56,635

55,128

108,864

111,238

CURRENT ASSETS

Stocks

29,700

19,200

Debtors

6

33,922

23,469

Cash at bank

138,548

83,728

202,170

126,397

CREDITORS

Amounts falling due within one year

7

99,309

60,162

NET CURRENT ASSETS

102,861

66,235

TOTAL ASSETS LESS CURRENT LIABILITIES

211,725

177,473

CREDITORS

Amounts falling due after more than one year

8

(98,427

)

(98,532

)

PROVISIONS FOR LIABILITIES

(8,088

)

(6,384

)

NET ASSETS

105,210

72,557

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

105,110

72,457

105,210

72,557

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 Income Statement has not been delivered.

The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on 2 December 2025 and were signed on its behalf by:

S P Harris - Director

V C Harris - Director

1.	STATUTORY INFORMATION

Harris & Jones Limited 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of nil years.

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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% 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.

Taxation

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1 April 2024

74,814

-

74,814

Additions

-

4,800

4,800

At 31 March 2025

74,814

4,800

79,614

AMORTISATION

At 1 April 2024

18,704

-

18,704

Charge for year

7,481

1,200

8,681

At 31 March 2025

26,185

1,200

27,385

NET BOOK VALUE

At 31 March 2025

48,629

3,600

52,229

At 31 March 2024

56,110

-

56,110

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 April 2024

128

30,553

5,162

Additions

-

13,191

2,365

Disposals

-

-

-

At 31 March 2025

128

43,744

7,527

DEPRECIATION

At 1 April 2024

11

6,001

1,052

Charge for year

13

4,494

685

Eliminated on disposal

-

-

-

At 31 March 2025

24

10,495

1,737

NET BOOK VALUE

At 31 March 2025

104

33,249

5,790

At 31 March 2024

117

24,552

4,110

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

27,850

15,659

79,352

Additions

-

692

16,248

Disposals

-

(902

)

(902

)

At 31 March 2025

27,850

15,449

94,698

DEPRECIATION

At 1 April 2024

9,138

8,022

24,224

Charge for year

4,678

4,321

14,191

Eliminated on disposal

-

(352

)

(352

)

At 31 March 2025

13,816

11,991

38,063

NET BOOK VALUE

At 31 March 2025

14,034

3,458

56,635

At 31 March 2024

18,712

7,637

55,128

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

20,442

17,116

Other debtors

13,480

6,353

33,922

23,469

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

34,768

12,608

Taxation and social security

61,366

44,804

Other creditors

3,175

2,750

99,309

60,162

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Other creditors

98,427

98,532