Company registration number 12629594 (England and Wales)
J P HALE LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
PAGES FOR FILING WITH REGISTRAR
J P HALE LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
J P HALE LTD
BALANCE SHEET
AS AT
31 MAY 2025
31 May 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
13,749
4,864
Current assets
Stocks
5,414
3,067
Debtors
4
3,212
700
Cash at bank and in hand
10,582
17,513
19,208
21,280
Creditors: amounts falling due within one year
5
(30,682)
(19,395)
Net current (liabilities)/assets
(11,474)
1,885
Net assets
2,275
6,749
Capital and reserves
Called up share capital
2
2
Profit and loss reserves
2,273
6,747
Total equity
2,275
6,749

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 3 July 2025 and are signed on its behalf by:
Mr J P Hale
Mrs E Hale
Director
Director
Company registration number 12629594 (England and Wales)
J P HALE LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
- 2 -
1
Accounting policies
Company information

J P Hale Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 64 High Street, Broadstairs, Kent, England, CT10 1JT.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and machinery
20% on reducing balance
Fixtures, fittings and equipment
20% on reducing balance
Motor vehicles
25% on reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

J P HALE LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
1
Accounting policies
(Continued)
- 3 -
1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
2
J P HALE LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
- 4 -
3
Tangible fixed assets
Plant and machinery
Fixtures, fittings and equipment
Motor vehicles
Total
£
£
£
£
Cost
At 1 June 2024
750
2,493
8,715
11,958
Additions
-
0
-
0
13,327
13,327
At 31 May 2025
750
2,493
22,042
25,285
Depreciation and impairment
At 1 June 2024
443
694
5,957
7,094
Depreciation charged in the year
61
360
4,021
4,442
At 31 May 2025
504
1,054
9,978
11,536
Carrying amount
At 31 May 2025
246
1,439
12,064
13,749
At 31 May 2024
307
1,799
2,758
4,864
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
2,487
-
0
Prepayments and accrued income
725
700
3,212
700
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
175
2
Trade creditors
2,106
2,188
Corporation tax
-
0
4,553
Other taxation and social security
-
0
4,611
Other creditors
27,501
7,192
Accruals and deferred income
900
849
30,682
19,395
2025-05-31 2024-06-01 false false false 03 July 2025 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr Justin Paul Hale Mrs Emma Hale 12629594 2024-06-01 2025-05-31 12629594 2025-05-31 12629594 2024-05-31 12629594 core:PlantMachinery 2025-05-31 12629594 core:FurnitureFittings 2025-05-31 12629594 core:MotorVehicles 2025-05-31 12629594 core:PlantMachinery 2024-05-31 12629594 core:FurnitureFittings 2024-05-31 12629594 core:MotorVehicles 2024-05-31 12629594 core:CurrentFinancialInstruments core:WithinOneYear 2025-05-31 12629594 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 12629594 core:CurrentFinancialInstruments 2025-05-31 12629594 core:CurrentFinancialInstruments 2024-05-31 12629594 core:ShareCapital 2025-05-31 12629594 core:ShareCapital 2024-05-31 12629594 core:RetainedEarningsAccumulatedLosses 2025-05-31 12629594 core:RetainedEarningsAccumulatedLosses 2024-05-31 12629594 bus:Director1 2024-06-01 2025-05-31 12629594 bus:Director2 2024-06-01 2025-05-31 12629594 core:PlantMachinery 2024-06-01 2025-05-31 12629594 core:FurnitureFittings 2024-06-01 2025-05-31 12629594 core:MotorVehicles 2024-06-01 2025-05-31 12629594 2023-06-01 2024-05-31 12629594 core:PlantMachinery 2024-05-31 12629594 core:FurnitureFittings 2024-05-31 12629594 core:MotorVehicles 2024-05-31 12629594 2024-05-31 12629594 bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 12629594 bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 12629594 bus:FRS102 2024-06-01 2025-05-31 12629594 bus:AuditExemptWithAccountantsReport 2024-06-01 2025-05-31 12629594 bus:FullAccounts 2024-06-01 2025-05-31 xbrli:pure xbrli:shares iso4217:GBP