Silverfin false false 31/05/2025 01/06/2024 31/05/2025 John James Smith 10/03/2006 John James Smith 10/03/2006 Hayley Ward 10/03/2006 13 January 2026 The principal activity of the Company during the financial year was funeral services and stonemasonary. 05738535 2025-05-31 05738535 bus:Director1 2025-05-31 05738535 bus:Director2 2025-05-31 05738535 bus:Director3 2025-05-31 05738535 2024-05-31 05738535 core:CurrentFinancialInstruments 2025-05-31 05738535 core:CurrentFinancialInstruments 2024-05-31 05738535 core:ShareCapital 2025-05-31 05738535 core:ShareCapital 2024-05-31 05738535 core:RetainedEarningsAccumulatedLosses 2025-05-31 05738535 core:RetainedEarningsAccumulatedLosses 2024-05-31 05738535 core:Goodwill 2024-05-31 05738535 core:Goodwill 2025-05-31 05738535 core:LandBuildings 2024-05-31 05738535 core:OtherPropertyPlantEquipment 2024-05-31 05738535 core:LandBuildings 2025-05-31 05738535 core:OtherPropertyPlantEquipment 2025-05-31 05738535 bus:OrdinaryShareClass1 2025-05-31 05738535 bus:OrdinaryShareClass2 2025-05-31 05738535 bus:OrdinaryShareClass3 2025-05-31 05738535 bus:OrdinaryShareClass4 2025-05-31 05738535 bus:PreferenceShareClass1 2025-05-31 05738535 2024-06-01 2025-05-31 05738535 bus:FilletedAccounts 2024-06-01 2025-05-31 05738535 bus:SmallEntities 2024-06-01 2025-05-31 05738535 bus:AuditExemptWithAccountantsReport 2024-06-01 2025-05-31 05738535 bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 05738535 bus:Director1 2024-06-01 2025-05-31 05738535 bus:Director2 2024-06-01 2025-05-31 05738535 bus:Director3 2024-06-01 2025-05-31 05738535 core:Goodwill 2024-06-01 2025-05-31 05738535 core:LandBuildings 2024-06-01 2025-05-31 05738535 core:OtherPropertyPlantEquipment 2024-06-01 2025-05-31 05738535 2023-06-01 2024-05-31 05738535 bus:OrdinaryShareClass1 2024-06-01 2025-05-31 05738535 bus:OrdinaryShareClass1 2023-06-01 2024-05-31 05738535 bus:OrdinaryShareClass2 2024-06-01 2025-05-31 05738535 bus:OrdinaryShareClass2 2023-06-01 2024-05-31 05738535 bus:OrdinaryShareClass3 2024-06-01 2025-05-31 05738535 bus:OrdinaryShareClass3 2023-06-01 2024-05-31 05738535 bus:OrdinaryShareClass4 2024-06-01 2025-05-31 05738535 bus:OrdinaryShareClass4 2023-06-01 2024-05-31 05738535 bus:PreferenceShareClass1 2024-06-01 2025-05-31 05738535 bus:PreferenceShareClass1 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 05738535 (England and Wales)

# J J SMITH AND SON LIMITED

### Unaudited Financial Statements
For the financial year ended 31 May 2025
Pages for filing with the registrar

J J SMITH AND SON LIMITED

## Unaudited Financial Statements

For the financial year ended 31 May 2025

Contents

J J SMITH AND SON LIMITED

## COMPANY INFORMATION

For the financial year ended 31 May 2025
J J SMITH AND SON LIMITED

## COMPANY INFORMATION (continued)

For the financial year ended 31 May 2025

DIRECTORS | John James Smith
| John James Smith
| Hayley Ward

SECRETARY | Hayley Ward

REGISTERED OFFICE | Gascoyne House Moseleys Farm Business Centre
| Fornham All Saints
| Bury St Edmunds
| IP28 6JY
| United Kingdom

COMPANY NUMBER | 05738535 (England and Wales)

CHARTERED ACCOUNTANTS | Gascoynes
| Gascoyne House
| Moseleys Farm Business Centre
| Fornham All Saints
| Bury St Edmunds
| Suffolk
| IP28 6JY

J J SMITH AND SON LIMITED

## BALANCE SHEET

As at 31 May 2025
J J SMITH AND SON LIMITED

## BALANCE SHEET (continued)

As at 31 May 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Intangible assets | 3 | 150,000 |  | 150,000
Tangible assets | 4 | 301,688 |  | 276,820
|  | 451,688 |  | 426,820
Current assets |  |  |  |
Stocks |  | 19,132 |  | 21,475
Debtors | 5 | 383,344 |  | 361,744
Cash at bank and in hand |  | 486,683 |  | 391,332
|  | 889,159 |  | 774,551
Creditors: amounts falling due within one year | 6 | ( 136,454) |  | ( 131,461)
Net current assets |  | 752,705 |  | 643,090
Total assets less current liabilities |  | 1,204,393 |  | 1,069,910
Net assets |  | 1,204,393 |  | 1,069,910
Capital and reserves |  |  |  |
Called-up share capital | 7 | 22,000 |  | 22,000
Profit and loss account |  | 1,182,393 |  | 1,047,910
Total shareholders' funds |  | 1,204,393 |  | 1,069,910

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

Directors' responsibilities:

- The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- 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; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of J J Smith And Son Limited (registered number: 05738535) were approved and authorised for issue by the Board of Directors on 13 January 2026. They were signed on its behalf by:

John James Smith Director |

J J SMITH AND SON LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 May 2025
J J SMITH AND SON LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 May 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

J J Smith And Son Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Gascoyne House Moseleys Farm Business Centre, Fornham All Saints, Bury St Edmunds, IP28 6JY, United Kingdom.
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 items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

##### 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.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

##### Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill | not amortised

###### Goodwill

Goodwill arises on business combination and represents any excess of consideration given over the fair value of the identifiable assets and liabilities acquired. Goodwill is initially recognised as an intangible asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight line basis over its useful economic life, which is [number] years.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings | 10 % reducing balance
Plant and machinery etc. | 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
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.

##### Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

##### Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.
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.

##### Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

##### Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 7 |  | 8

#### 3. Intangible assets

| Goodwill |  | Total
| £ |  | £
Cost |  |  |
At 01 June 2024 | 150,000 |  | 150,000
At 31 May 2025 | 150,000 |  | 150,000
Accumulated amortisation |  |  |
At 01 June 2024 | 0 |  | 0
At 31 May 2025 | 0 |  | 0
Net book value |  |  |
At 31 May 2025 | 150,000 |  | 150,000
At 31 May 2024 | 150,000 |  | 150,000

#### 4. Tangible assets

| Land and buildings |  | Plant and machinery etc. |  | Total
| £ |  | £ |  | £
Cost |  |  |  |  |
At 01 June 2024 | 193,890 |  | 361,515 |  | 555,405
Additions | 30,600 |  | 48,584 |  | 79,184
At 31 May 2025 | 224,490 |  | 410,099 |  | 634,589
Accumulated depreciation |  |  |  |  |
At 01 June 2024 | 97,898 |  | 180,687 |  | 278,585
Charge for the financial year | 11,643 |  | 42,673 |  | 54,316
At 31 May 2025 | 109,541 |  | 223,360 |  | 332,901
Net book value |  |  |  |  |
At 31 May 2025 | 114,949 |  | 186,739 |  | 301,688
At 31 May 2024 | 95,992 |  | 180,828 |  | 276,820

#### 5. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 386,549 |  | 353,480
Other debtors | ( 3,205) |  | 8,264
| 383,344 |  | 361,744

#### 6. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Taxation and social security | 95,834 |  | 113,359
Other creditors | 40,620 |  | 18,102
| 136,454 |  | 131,461

#### 7. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
4,500 A ordinary shares of £ 1.00 each | 4,500 |  | 4,500
4,500 B ordinary shares of £ 1.00 each | 4,500 |  | 4,500
500 C ordinary shares of £ 1.00 each | 500 |  | 500
500 D ordinary shares of £ 1.00 each | 500 |  | 500
| 10,000 |  | 10,000
12,000 Preference shares of £ 1.00 each | 12,000 |  | 12,000
| 22,000 |  | 22,000