JOHNSTON AND FARRELL LTD

Company Registration Number:
SC593053 (Scotland)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

JOHNSTON AND FARRELL LTD

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

JOHNSTON AND FARRELL LTD

Balance sheet

As at 31 March 2025


Notes
2025
2024


£
£
Fixed assets
Intangible assets: 3 108,000 144,000
Tangible assets: 4 79,817 74,615
Total fixed assets: 187,817 218,615
Current assets
Stocks: 71,338 53,505
Debtors:   53,891 111,519
Cash at bank and in hand: 325,142 226,123
Total current assets: 450,371 391,147
Creditors: amounts falling due within one year:   (170,698) (138,931)
Net current assets (liabilities): 279,673 252,216
Total assets less current liabilities: 467,490 470,831
Creditors: amounts falling due after more than one year:   (12,228) (22,431)
Provision for liabilities: (10,523) (9,824)
Total net assets (liabilities): 444,739 438,576
Capital and reserves
Called up share capital: 330,101 330,101
Profit and loss account: 114,638 108,475
Shareholders funds: 444,739 438,576

The notes form part of these financial statements

JOHNSTON AND FARRELL LTD

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 11 December 2025
and signed on behalf of the board by:

Name: C Farrell
Status: Director

The notes form part of these financial statements

JOHNSTON AND FARRELL LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

JOHNSTON AND FARRELL LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

2025 2024
Average number of employees during the period 21 20

JOHNSTON AND FARRELL LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Intangible Assets

Total
Cost £
At 01 April 2024 360,000
At 31 March 2025 360,000
Amortisation
At 01 April 2024 216,000
Charge for year 36,000
At 31 March 2025 252,000
Net book value
At 31 March 2025 108,000
At 31 March 2024 144,000

JOHNSTON AND FARRELL LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Tangible Assets

Total
Cost £
At 01 April 2024 186,510
Additions 19,533
At 31 March 2025 206,043
Depreciation
At 01 April 2024 111,895
Charge for year 14,331
At 31 March 2025 126,226
Net book value
At 31 March 2025 79,817
At 31 March 2024 74,615