REGISTERED NUMBER: 00718947 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

J. FROGGATT LIMITED

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

Mr J G Froggatt

Mr G Froggatt

Mr J A Froggatt

REGISTERED OFFICE:

123 Wellington Road South

Stockport

Cheshire

SK1 3TH

REGISTERED NUMBER:

00718947 (England and Wales)

ACCOUNTANTS:

Allens Accountants Limited

Chartered Accountants

123 Wellington Road South

Stockport

Cheshire

SK1 3TH

BANKERS:

The Royal Bank of Scotland plc

38 Mosley Street

Manchester

M60 2BE

FIXED ASSETS

Tangible assets

4

72,304

98,199

Investments

5

200,200

200,200

Investment property

6

2,474,000

2,474,000

2,746,504

2,772,399

CURRENT ASSETS

Debtors

7

184,743

215,856

Cash at bank

42,604

54,970

227,347

270,826

CREDITORS

Amounts falling due within one year

8

143,044

186,784

NET CURRENT ASSETS

84,303

84,042

TOTAL ASSETS LESS CURRENT LIABILITIES

2,830,807

2,856,441

CREDITORS

Amounts falling due after more than one year

9

(32,637

)

(45,845

)

PROVISIONS FOR LIABILITIES

(13,142

)

(17,865

)

NET ASSETS

2,785,028

2,792,731

CAPITAL AND RESERVES

Called up share capital

10

10,800

10,800

Fair value reserve

880,090

880,090

Retained earnings

1,894,138

1,901,841

SHAREHOLDERS' FUNDS

2,785,028

2,792,731

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 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 23rd December 2025 and were signed on its behalf by:

Mr J A Froggatt - Director

1.	STATUTORY INFORMATION

J. Froggatt 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 represents the total amount receivable by the company for goods supplied and services provided, excluding value added tax and trade discounts.

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 etc

-

33% on cost, 25% on reducing balance and 20% on reducing balance

An amount equal to the excess of the annual depreciation charge on the revalued assets over the notional cost depreciation charge on those assets is transferred annually from the revaluation reserve to the profit and loss reserve.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st April 2024

168,359

Additions

4,991

At 31st March 2025

173,350

DEPRECIATION

At 1st April 2024

70,160

Charge for year

30,886

At 31st March 2025

101,046

NET BOOK VALUE

At 31st March 2025

72,304

At 31st March 2024

98,199

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1st April 2024

and 31st March 2025

430,478

PROVISIONS

At 1st April 2024

and 31st March 2025

230,278

NET BOOK VALUE

At 31st March 2025

200,200

At 31st March 2024

200,200

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st April 2024

and 31st March 2025

2,474,000

NET BOOK VALUE

At 31st March 2025

2,474,000

At 31st March 2024

2,474,000

In the director's opinion these valuations have not materially changed.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

55,843

53,237

Other debtors

128,900

162,619

184,743

215,856

At the balance sheet date the company is owed £95,618 by New Century Machinery Limited, a company in which J Froggatt Limited has a 50% shareholding. However this amount has been fully provided for as its recovery is not certain.

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,244

9,993

Hire purchase contracts

2,965

2,333

Taxation and social security

51,342

28,743

Other creditors

78,493

145,715

143,044

186,784

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

10,626

20,868

Hire purchase contracts

22,011

24,977

32,637

45,845

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1,400

'A' Ordinary shares

£1

5,500

5,500

2,650

'B' Ordinary shares

£1

2,650

2,650

2,650

'C' Ordinary shares

£1

2,650

2,650

10,800

10,800