Jansen Uk Limited

Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

263,263

527,249

263,263

527,249

CURRENT ASSETS

Stocks

1,380,000

1,638,336

Debtors

6

5,301,335

6,892,280

Cash at bank and in hand

1,304,193

417,379

7,985,528

8,947,995

CREDITORS

Amounts falling due within one year

7

2,618,777

2,569,034

NET CURRENT ASSETS

5,366,751

6,378,961

TOTAL ASSETS LESS CURRENT LIABILITIES

5,630,014

6,906,210

PROVISIONS FOR LIABILITIES

26,702

17,426

NET ASSETS

5,603,312

6,888,784

CAPITAL AND RESERVES

Called up share capital

800

800

Retained earnings

5,602,512

6,887,984

5,603,312

6,888,784

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 by the Board of Directors and authorised for issue on 22 December 2025 and were signed on its behalf by:

DR Lisle - Director

1.	STATUTORY INFORMATION

Jansen Uk Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

05825808

Registered office:

21 Angel Hill

Tiverton

Devon

EX16 6PE

The presentation currency of the financial statements is the Pound Sterling (£).

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 0, is being amortised evenly over its estimated useful life of nil 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.

Tangible fixed assets

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

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 17 (2024 - 22 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

750,000

AMORTISATION

At 1 April 2024

and 31 March 2025

750,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

420,564

302,160

722,724

Additions

-

76,027

76,027

Disposals

(285,230

)

(42,296

)

(327,526

)

At 31 March 2025

135,334

335,891

471,225

DEPRECIATION

At 1 April 2024

-

195,475

195,475

Charge for year

-

39,597

39,597

Eliminated on disposal

-

(27,110

)

(27,110

)

At 31 March 2025

-

207,962

207,962

NET BOOK VALUE

At 31 March 2025

135,334

127,929

263,263

At 31 March 2024

420,564

106,685

527,249

6.

DEBTORS

31.3.25

31.3.24

£

£

Amounts falling due within one year:

Trade debtors

3,516,548

2,671,053

Amounts recoverable on contract

560,000

738,799

Other debtors

1,224,787

3,419,736

5,301,335

6,829,588

Amounts falling due after more than one year:

Other debtors

-

62,692

Aggregate amounts

5,301,335

6,892,280

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

1,397,755

2,048,533

Taxation and social security

1,200,539

502,531

Other creditors

20,483

17,970

2,618,777

2,569,034

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

EF Ryan

Balance outstanding at start of year

286,028

192,085

Amounts advanced

-

93,943

Amounts repaid

(286,028

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

286,028

9.	RELATED PARTY DISCLOSURES

During the year, total dividends of £88,000 were paid to the directors .

In March 2025 the company established an employee ownership trust which purchased the entire share capital of the company from Mr E Ryan and Mr D Lisle, directors of the company. The Trust was funded with contributions from the company during the year amounting to £2,916,012.

During the year the company sold land and buildings held as fixed assets and as trading stock to L & R Farms Limited, a company controlled by Mr E Ryan and Mr D Lisle, directors of the company.The price paid was the market value of £1,700,000.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is The Jansen UK Employee OwnershipTrust.

The Jansen UK Employee Ownership Trust acquired the entire issued capital of the company on 17 March 2025. The Trustee of the Trust is Jansen UK EOT Limited, a company limited by guarantee.