REGISTERED NUMBER: 08665949 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2025

FOR

S & S FOX LTD

TRADING AS

J.R. HOWITT

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr S Fox

Mrs S H Fox

Mr J Fox

REGISTERED OFFICE:

1st Floor

49 High Street

Hucknall

Nottinghamshire

NG15 7AW

REGISTERED NUMBER:

08665949 (England and Wales)

ACCOUNTANTS:

Elkingtons Accountants Limited

1st Floor

49 High Street

Hucknall

Nottinghamshire

NG15 7AW

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

252,862

235,803

Investment property

6

51,000

51,000

303,862

286,803

CURRENT ASSETS

Stocks

20,398

12,236

Debtors

105,207

117,057

Cash in hand

1

5

125,606

129,298

CREDITORS

Amounts falling due within one year

216,602

162,522

NET CURRENT LIABILITIES

(90,996

)

(33,224

)

TOTAL ASSETS LESS CURRENT LIABILITIES

212,866

253,579

CREDITORS

Amounts falling due after more than one year

(29,831

)

(17,050

)

PROVISIONS FOR LIABILITIES

(46,474

)

(37,171

)

NET ASSETS

136,561

199,358

CAPITAL AND RESERVES

Called up share capital

100

100

Non-distributable reserves

8

40,377

40,377

Retained earnings

96,084

158,881

SHAREHOLDERS' FUNDS

136,561

199,358

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31st August 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 19th December 2025 and were signed on its behalf by:

Mr S Fox - Director

1.	STATUTORY INFORMATION

S & S Fox Ltd 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.

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 as modified by the revaluation of certain assets.

Turnover & amounts recoverable on contracts

Turnover represents net invoiced sales of goods, excluding value added tax. Where the outcome of a contract can be estimated reliably, revenue and costs are recognised by reference to the stage of completion of the contract activity at the balance sheet date. The company uses the "percentage of completion method" to determine the appropriate amount to recognise in a given period. The assessment of the stage of completion is dependent on the nature of the contract, but will generally be based on the estimated proportion of the total contract costs which have been incurred to date. If a contract is expected to be loss-making, a provision is recognised immediately for the entire loss.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

15% on reducing balance

Plant and machinery

-

20% on reducing balance and 10% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

33% on cost and 25% on cost

Investment property

Investment property is included at fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Stocks

Stock is valued at the lower of cost and net realisable value. This includes all purchase, transport and handling costs in bringing stocks to their present location and condition. Making necessary allowances for obsolete or slow moving items.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

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 6 (2024 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1st September 2024

and 31st August 2025

35,000

AMORTISATION

At 1st September 2024

and 31st August 2025

35,000

NET BOOK VALUE

At 31st August 2025

-

At 31st August 2024

-

5.	TANGIBLE FIXED ASSETS

Totals

£

COST OR VALUATION

At 1st September 2024

319,506

Additions

129,356

At 31st August 2025

448,862

DEPRECIATION

At 1st September 2024

83,703

Charge for year

14,625

Eliminated on disposal

97,672

At 31st August 2025

196,000

NET BOOK VALUE

At 31st August 2025

252,862

At 31st August 2024

235,803

Cost or valuation at 31st August 2025 is represented by:

Totals

£

Valuation in 2023

94,000

Cost

354,862

448,862

If the freehold land and building had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

60,000

60,000

the freehold land and building were valued on an open market basis basis on 2nd April 2024 by heb chartered surveyors .

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST OR VALUATION

At 1st September 2024

114,945

Additions

129,131

At 31st August 2025

244,076

DEPRECIATION

At 1st September 2024

and 31st August 2025

17,273

NET BOOK VALUE

At 31st August 2025

226,803

At 31st August 2024

97,672

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st September 2024

and 31st August 2025

51,000

NET BOOK VALUE

At 31st August 2025

51,000

At 31st August 2024

51,000

Fair value at 31st August 2025 is represented by:

£

Valuation in 2023

51,000

If the property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

33,000

33,000

The property was valued on an open market basis basis on 2nd April 2024 by heb chartered surveyors .

7.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank overdrafts

20,855

8,235

Bank loans

9,167

24,877

30,022

33,112

A fixed and floating charge was signed and lodged against the freehold property to secure all liabilities to Lloyds Bank PLC.

8.

RESERVES

Non-distrib

reserves

£

At 1st September 2024

and 31st August 2025

40,377

9.	RELATED PARTY DISCLOSURES

During the year the company lent money to a connected company, of which the director holds a participating interest. The loan is on an interest free basis, with the balance outstanding being repayable upon demand. The balance outstanding at the year end date was £32,000.