REGISTERED NUMBER: 01930321 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

J Thackray & Sons (Steel Structures)

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J L Thackray

S J Thackray

SECRETARY:

J L Thackray

REGISTERED OFFICE:

Ryelean

Little Habton

Malton

North Yorkshire

YO17 6UA

REGISTERED NUMBER:

01930321 (England and Wales)

ACCOUNTANTS:

Hardcastle France

Chartered Accountants

30 Yorkersgate

Malton

North Yorkshire

YO17 7AW

FIXED ASSETS

Tangible assets

4

112,916

87,175

Investments

5

200

200

113,116

87,375

CURRENT ASSETS

Stocks

128,333

79,870

Debtors

6

197,930

151,140

Cash at bank and in hand

22,861

22,530

349,124

253,540

CREDITORS

Amounts falling due within one year

7

349,630

334,716

NET CURRENT LIABILITIES

(506

)

(81,176

)

TOTAL ASSETS LESS CURRENT LIABILITIES

112,610

6,199

CREDITORS

Amounts falling due after more than one year

8

19,072

28,058

NET ASSETS/(LIABILITIES)

93,538

(21,859

)

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

93,438

(21,959

)

SHAREHOLDERS' FUNDS

93,538

(21,859

)

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 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 1 October 2025 and were signed on its behalf by:

J L Thackray - Director

1.	STATUTORY INFORMATION

J Thackray & Sons (Steel Structures) 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.

The director has agreed not to seek repayment of his director's loan accounts until the company has sufficient funds to do so. As such, the financial statements are prepared on a going concern basis.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

Motor vehicles

-

25% on reducing balance

Tractors

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost or net realisable value, after making due allowance for obsolete and slow moving items.

Work in progress

Work in progress is recognised by reference to the stage of completion of amounts not invoiced.

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.

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 8 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Tractors

Totals

£

£

£

£

£

COST

At 1 April 2024

111,251

4,923

72,364

162,892

351,430

Additions

16,749

-

30,895

9,000

56,644

Disposals

-

-

(7,750

)

-

(7,750

)

At 31 March 2025

128,000

4,923

95,509

171,892

400,324

DEPRECIATION

At 1 April 2024

66,793

3,455

41,094

152,913

264,255

Charge for year

9,362

220

15,197

4,745

29,524

Eliminated on disposal

-

-

(6,371

)

-

(6,371

)

At 31 March 2025

76,155

3,675

49,920

157,658

287,408

NET BOOK VALUE

At 31 March 2025

51,845

1,248

45,589

14,234

112,916

At 31 March 2024

44,458

1,468

31,270

9,979

87,175

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2024

and 31 March 2025

200

NET BOOK VALUE

At 31 March 2025

200

At 31 March 2024

200

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

187,100

142,804

Other debtors

10,830

8,336

197,930

151,140

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

28,617

57,243

Other loans

6,790

15,843

Hire purchase contracts

19,885

17,050

Trade creditors

133,812

90,742

Social security and other taxes

5,597

7,718

VAT

10,668

2,056

Other creditors

4,654

4,403

Directors' current accounts

139,607

139,661

349,630

334,716

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

2,429

10,648

Bank loans - 2-5 years

-

1,963

Hire purchase contracts

16,643

15,447

19,072

28,058

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank overdrafts

17,969

46,595

Hire purchase contracts

36,528

32,497

54,497

79,092

Security for bank borrowings is provided by a personal guarantee by J L Thackray. Hire purchase contracts are secured on the assets concerned.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

11.	RELATED PARTY DISCLOSURES

At 31 March 2025 the company owed £139,606 to the directors (2024: £139,660). The loans are repayable on demand and classified in creditors due within one year.

12.	ULTIMATE CONTROLLING PARTY

The controlling party is J L Thackray.