A. F. Jones Stonemasons Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07112560 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

A. F. JONES STONEMASONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A G Jones

M L Alsop

K A Jones

REGISTERED OFFICE:

33 Bedford Road

Reading

Berks

RG1 7EX

REGISTERED NUMBER:

07112560 (England and Wales)

ACCOUNTANTS:

C B Heslop & Company Limited

Chartered Accountants

1 High Street

Thatcham

Berks

RG19 3JG

FIXED ASSETS

Intangible assets

4

628,082

692,082

Tangible assets

5

1,947,216

1,767,923

2,575,298

2,460,005

CURRENT ASSETS

Stocks

626,337

557,398

Debtors

6

663,046

920,662

Cash at bank and in hand

1,254,433

872,219

2,543,816

2,350,279

CREDITORS

Amounts falling due within one year

7

798,435

593,174

NET CURRENT ASSETS

1,745,381

1,757,105

TOTAL ASSETS LESS CURRENT
LIABILITIES

4,320,679

4,217,110

CREDITORS

Amounts falling due after more than one
year

8

(566,415

)

(664,538

)

PROVISIONS FOR LIABILITIES

10

(31,923

)

(31,923

)

NET ASSETS

3,722,341

3,520,649

CAPITAL AND RESERVES

Called up share capital

11

21,750

Retained earnings

12

3,700,591

3,498,899

SHAREHOLDERS' FUNDS

3,722,341

3,520,649

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 2 January 2026 and were signed on its behalf by:

A G Jones - Director

1.	STATUTORY INFORMATION

A. F. Jones Stonemasons 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 net invoiced sales of goods and services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of twenty 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.

Website is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets

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

Improvements to property

-

Straight line over 10 years

Plant and machinery

-

20% on cost and 20% on reducing balance

Motor vehicles

-

20% on reducing balance

Office equipment

-

20% on reducing balance

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 34 (2024 - 34 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

COST

At 1 September 2024

and 31 August 2025

1,524,082

16,340

1,540,422

AMORTISATION

At 1 September 2024

832,000

16,340

848,340

Charge for year

64,000

-

64,000

At 31 August 2025

896,000

16,340

912,340

NET BOOK VALUE

At 31 August 2025

628,082

-

628,082

At 31 August 2024

692,082

-

692,082

The company has acquired, the large masonry contracts business, of A F Jones & E T Sheppard, a long established stonemasonry, dating back to 1858. The large contracts business acquired, incorporates an enviable customer base and reputation, in major stone work and construction contracts. The business encompasses, carving, restorations, conservation and new build projects

The company has acquired the monumental masonry business of A F Jones & E T Sheppard which has been long established in Reading and Henley.

5.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Motor

Office

property

machinery

vehicles

equipment

Totals

£

COST

At 1 September 2024

1,392,370

2,303,488

165,309

90,988

3,952,155

Additions

120,494

222,882

236,054

38,485

617,915

Disposals

-

(18,604

)

-

(18,604

)

At 31 August 2025

1,512,864

2,526,370

382,759

129,473

4,551,466

DEPRECIATION

At 1 September 2024

574,396

1,436,543

99,913

73,380

2,184,232

Charge for year

151,287

217,965

54,068

9,206

432,526

Eliminated on disposal

-

(12,508

)

-

(12,508

)

At 31 August 2025

725,683

1,654,508

141,473

82,586

2,604,250

NET BOOK VALUE

At 31 August 2025

787,181

871,862

241,286

46,887

1,947,216

At 31 August 2024

817,974

866,945

65,396

17,608

1,767,923

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

Trade debtors

483,158

507,430

Amounts recoverable on contract

21,068

107,803

Other debtors

158,820

305,429

663,046

920,662

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

Bank loans and overdrafts (see note 9)

104,234

123,080

Hire purchase contracts

152,207

152,158

Trade creditors

200,608

113,346

Tax

124,517

13,434

Social security and other taxes

62,760

52,624

Other creditors

29,474

21,063

Directors' current accounts

108,000

100,000

Accrued expenses

16,635

17,469

798,435

593,174

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.8.25

31.8.24

£

Bank loans (see note 9)

-

76,992

Other loans (see note 9)

311,988

283,488

Hire purchase contracts

254,427

304,058

566,415

664,538

Amounts falling due in more than five years:

Repayable by instalments

Loan from Director

311,988

283,488

9.

LOANS

An analysis of the maturity of loans is given below:

31.8.25

31.8.24

£

Amounts falling due within one year or on demand:

Bank loans

104,234

123,080

Amounts falling due between two and five years:

Bank Loan

-

76,992

Amounts falling due in more than five years:

Repayable by instalments

Loan from Director

311,988

283,488

10.	PROVISIONS FOR LIABILITIES

31.8.25

31.8.24

£

Deferred tax

31,923

Deferred

tax

£

Balance at 1 September 2024

31,923

Balance at 31 August 2025

31,923

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.25

31.8.24

value:

£

20,000

Ordinary

£1

20,000

1,550

Non-Voting Ordinary

£1

1,550

100

B Ordinary

£1

100

C Ordinary

£1

100

21,750

12.

RESERVES

Retained

earnings

£

At 1 September 2024

3,498,899

Profit for the year

446,903

Dividends

(245,211

)

At 31 August 2025

3,700,591

13.	CONTINGENT LIABILITIES

There were no contingent liabilities at 31st August 2025 or at 31st August 2024.

14.	LOANS FROM DIRECTORS

The company has benefited from the following loans from Directors.

Short term loans included in Other Creditors due with in one year.

31.08.25

31.08.24

£

A G Jones

56,000

75,000

K A Jones

52,000

25,000

Long term loan from A G Jones in connection with the acquisition of the business in 2012 and 2023.

31.08.25

31.08.24

£

Included in Other Creditors due in more than one year

£311,988

£283,488

Total loan outstanding

£311,988

£283,488

15.	ULTIMATE CONTROLLING PARTY

Mr A G Jones controls the company by virtue of a controlling interest of 51% of the issued ordinary share capital.

2025

2024

Mr A G Jones

10,200

Ms M L Alsop

4,800

Mr K Jones

5,000