Company registration number 00759394 (England and Wales)
JOHN L. LORD & SON (RIZISTAL) LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
PAGES FOR FILING WITH REGISTRAR
JOHN L. LORD & SON (RIZISTAL) LIMITED
COMPANY INFORMATION
Directors
E.S.R. Lord
D.E.S. Lord
(Appointed 1 December 2025)
N.S. Smithson
(Appointed 10 February 2026)
J.E. Airey
(Appointed 10 February 2026)
Secretary
K. Lord
Company number
00759394
Registered office
Unit 4
Park 66
Bury
Lancashire
BL9 8RZ
Auditor
Royce Peeling Green Limited
The Copper Room
Deva City Office Park
Trinity Way
Manchester
M3 7BG
Bankers
Barclays Bank Plc
1 Central Street
The Rock
Bury
Lancashire
BL9 0JN
JOHN L. LORD & SON (RIZISTAL) LIMITED
CONTENTS
Page
Balance sheet
1
Statement of changes in equity
2
Notes to the financial statements
3 - 9
JOHN L. LORD & SON (RIZISTAL) LIMITED
BALANCE SHEET
AS AT
31 AUGUST 2025
31 August 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
916,735
1,008,962
Current assets
Stocks
1,471,204
1,151,250
Debtors
5
903,466
1,392,219
Cash at bank and in hand
448,966
797,956
2,823,636
3,341,425
Creditors: amounts falling due within one year
6
(1,367,661)
(1,555,685)
Net current assets
1,455,975
1,785,740
Total assets less current liabilities
2,372,710
2,794,702
Creditors: amounts falling due after more than one year
7
(62,808)
(112,421)
Provisions for liabilities
8
(173,905)
(187,323)
Net assets
2,135,997
2,494,958
Capital and reserves
Called up share capital
9
1,725
1,725
Capital redemption reserve
775
775
Profit and loss reserves
2,133,497
2,492,458
Total equity
2,135,997
2,494,958

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

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

The financial statements were approved by the board of directors and authorised for issue on
7 April 2026
07 April 2026
07 April 2026
and are signed on its behalf by:
E.S.R. Lord
Director
Company registration number 00759394 (England and Wales)
JOHN L. LORD & SON (RIZISTAL) LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 AUGUST 2025
- 2 -
Share capital
Capital redemption reserve
Profit and loss reserves
Total
£
£
£
£
Balance at 1 September 2023
1,725
775
2,771,132
2,773,632
Year ended 31 August 2024:
Loss and total comprehensive income
-
-
(278,674)
(278,674)
Balance at 31 August 2024
1,725
775
2,492,458
2,494,958
Year ended 31 August 2025:
Loss and total comprehensive income
-
-
(358,961)
(358,961)
Balance at 31 August 2025
1,725
775
2,133,497
2,135,997
JOHN L. LORD & SON (RIZISTAL) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
- 3 -
1
Accounting policies
Company information

John L. Lord & Son (Rizistal) Limited is a private company limited by shares incorporated in England and Wales. The registered office is Unit 4, Park 66, Bury, Lancashire, BL9 8RZ.

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. The principal accounting policies adopted are set out below.

1.2
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
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.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Revenue from contracts for the provision of contracting services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. Th is is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recover ed. When it is probable that total contract costs will exceed total contract turnover, the expected loss is recognised as an expense immediately.

Revenue is accrued where certified revenue is less than the stage of contract completion or deferred where it exceeds the stage of completion and will be recognised in the balance sheet as an asset/ liability respectively.

1.4
Research and development expenditure

Research expenditure is written off against profits in the year in which it is incurred. Identifiable development expenditure is capitalised to the extent that the technical, commercial and financial feasibility can be demonstrated.

JOHN L. LORD & SON (RIZISTAL) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
1
Accounting policies
(Continued)
- 4 -
1.5
Tangible fixed assets

Tangible fixed assets are measured at cost, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives as follows:

Leasehold improvements
20 years straight line
Plant and machinery
2 - 5 years straight line
Fixtures, fittings & equipment
5 years straight line
Motor vehicles
4 - 5 years straight line

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.

1.6
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

1.7
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.

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.

1.8
Work in progress

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 reporting end date. Variations in contract work, claims and incentive payments are included to the extent that the amount can be measured reliably and its receipt is considered probable.

When it is probable that total contract costs will exceed total contract turnover, the expected loss is recognised as an expense immediately.

Where the outcome of a contract cannot be estimated reliably, contract revenue is recognised to the extent of contract costs incurred where it is probable that they will be recoverable. Contract costs are recognised as expenses in the period in which they are incurred. When costs incurred in securing a contract are recognised as an expense in the period in which they are incurred, they are not included in contract costs if the contract is obtained in a subsequent period.

JOHN L. LORD & SON (RIZISTAL) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
1
Accounting policies
(Continued)
- 5 -

The “percentage of completion method” is used to determine the appropriate amount to recognise in a given period. The stage of completion is measured by the proportion of contract costs incurred for work performed to date compared to the estimated total contract costs. Costs incurred in the year in connection with future activity on a contract are excluded from contract costs in determining the stage of completion. These costs are presented as stocks, prepayments or other assets depending on their nature, and provided it is probable they will be recovered. Bank interest accruing on capital borrowed to fund the production of long term contracts is carried forward within long term contract balances.

1.9
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.10
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans and loans from fellow group are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.11
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

JOHN L. LORD & SON (RIZISTAL) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
1
Accounting policies
(Continued)
- 6 -
1.12
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.

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. 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.

1.13
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets. The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received. Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.14
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.15
Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

1.16
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

JOHN L. LORD & SON (RIZISTAL) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
1
Accounting policies
(Continued)
- 7 -
1.17

Liability limitation agreement

The company has entered into a liability limitation agreement with Royce Peeling Green Limited, the statutory auditor for the year ended 31 August 20 25. The proportionate liability agreement follows the standard terms in Appendix B to the FRC's June 2008 Guidance on Auditor Liability Agreements, and has been approved by the shareholders.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both periods.

3
Employees

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

2025
2024
Number
Number
69
77
4
Tangible fixed assets
Leasehold improvements
Plant and machinery
Fixtures, fittings & equipment
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 September 2024
457,763
317,224
137,807
1,129,755
2,042,549
Additions
76,364
16,391
38,590
45,722
177,067
Disposals
-
0
(276,977)
(75,029)
(106,575)
(458,581)
At 31 August 2025
534,127
56,638
101,368
1,068,902
1,761,035
Depreciation and impairment
At 1 September 2024
110,315
287,260
105,244
530,768
1,033,587
Depreciation charged in the year
30,433
12,302
15,142
209,290
267,167
Eliminated in respect of disposals
-
0
(276,977)
(75,029)
(104,448)
(456,454)
At 31 August 2025
140,748
22,585
45,357
635,610
844,300
Carrying amount
At 31 August 2025
393,379
34,053
56,011
433,292
916,735
At 31 August 2024
347,448
29,964
32,563
598,987
1,008,962
JOHN L. LORD & SON (RIZISTAL) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
- 8 -
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
822,299
1,293,443
Amounts owed by group undertakings
975
1,147
Other debtors
398
314
Prepayments and accrued income
79,794
97,315
903,466
1,392,219
6
Creditors: amounts falling due within one year
2025
2024
£
£
Obligations under finance leases
79,156
164,806
Trade creditors
537,660
615,248
Amounts owed to group undertakings
169,456
19,201
Taxation and social security
108,924
168,688
Other creditors
55,961
58,202
Accruals and deferred income
416,504
529,540
1,367,661
1,555,685
7
Creditors: amounts falling due after more than one year
2025
2024
Notes
£
£
Obligations under finance leases
62,808
112,421

All amounts owed under finance leases are secured against the underlying assets to which the finance relates.

8
Provisions for liabilities
2025
2024
£
£
Deferred tax liabilities
173,905
187,323
9
Called up share capital
2025
2024
£
£
Ordinary share capital
Issued and fully paid
1,725 Ordinary shares of £1 each
1,725
1,725
JOHN L. LORD & SON (RIZISTAL) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
- 9 -
10
Operating lease commitments: lessee

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2025
2024
£
£
928,769
870,987
11
Financial commitments, guarantees and contingent liabilities

The company provides security, in the form of a composite accounting agreement cross guarantee, secured on the assets of the company, for the bank borrowings of John Lord Holdings Limited, the parent company. This liability was fully satisfied during the year through John Lord Holdings Limited, thus potential liability under this agreement at 31st August 2025 was £Nil (2024: £408,620).

12
Audit report information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

The senior statutory auditor was Martin Chatten.
The auditor was Royce Peeling Green Limited.
13
Related party transactions

The company has taken advantage of the exemption available in FRS 102 whereby it has not disclosed transactions with the ultimate parent company or any wholly owned subsidiary undertaking of the group.

14
Parent company

The ultimate parent company is John Lord Holdings Limited, a company registered in England and Wales.

In the directors' opinion the company is controlled ultimately by the director, E.S.R. Lord, who controls t he majority of the ordinary share capital in the holding company, John Lord Holdings Limited.

2025-08-31 2024-09-01 false false false 07 April 2026 CCH Software CCH Accounts Production 2025.300 No description of principal activity E.S.R. Lord M. Hadfield M. Hargreaves D.E.S. Lord N.S. Smithson J.E. Airey K. Lord 00759394 2024-09-01 2025-08-31 00759394 bus:Director1 2024-09-01 2025-08-31 00759394 bus:Director4 2024-09-01 2025-08-31 00759394 bus:Director5 2024-09-01 2025-08-31 00759394 bus:Director6 2024-09-01 2025-08-31 00759394 bus:CompanySecretaryDirector1 2024-09-01 2025-08-31 00759394 bus:Director2 2024-09-01 2025-08-31 00759394 bus:Director3 2024-09-01 2025-08-31 00759394 bus:CompanySecretary1 2024-09-01 2025-08-31 00759394 bus:RegisteredOffice 2024-09-01 2025-08-31 00759394 bus:Agent1 2024-09-01 2025-08-31 00759394 2025-08-31 00759394 2024-08-31 00759394 core:LeaseholdImprovements 2025-08-31 00759394 core:PlantMachinery 2025-08-31 00759394 core:FurnitureFittings 2025-08-31 00759394 core:MotorVehicles 2025-08-31 00759394 core:LeaseholdImprovements 2024-08-31 00759394 core:PlantMachinery 2024-08-31 00759394 core:FurnitureFittings 2024-08-31 00759394 core:MotorVehicles 2024-08-31 00759394 core:WithinOneYear 2025-08-31 00759394 core:WithinOneYear 2024-08-31 00759394 core:AfterOneYear 2025-08-31 00759394 core:AfterOneYear 2024-08-31 00759394 core:CurrentFinancialInstruments 2025-08-31 00759394 core:CurrentFinancialInstruments 2024-08-31 00759394 core:ShareCapital 2025-08-31 00759394 core:ShareCapital 2024-08-31 00759394 core:CapitalRedemptionReserve 2025-08-31 00759394 core:CapitalRedemptionReserve 2024-08-31 00759394 core:RetainedEarningsAccumulatedLosses 2025-08-31 00759394 core:RetainedEarningsAccumulatedLosses 2024-08-31 00759394 core:ShareCapital 2023-08-31 00759394 core:CapitalRedemptionReserve 2023-08-31 00759394 core:RetainedEarningsAccumulatedLosses 2023-08-31 00759394 core:ShareCapitalOrdinaryShareClass1 2025-08-31 00759394 core:ShareCapitalOrdinaryShareClass1 2024-08-31 00759394 core:RetainedEarningsAccumulatedLosses 2023-09-01 2024-08-31 00759394 2023-09-01 2024-08-31 00759394 core:RetainedEarningsAccumulatedLosses 2024-09-01 2025-08-31 00759394 core:LeaseholdImprovements 2024-09-01 2025-08-31 00759394 core:PlantMachinery 2024-09-01 2025-08-31 00759394 core:FurnitureFittings 2024-09-01 2025-08-31 00759394 core:MotorVehicles 2024-09-01 2025-08-31 00759394 core:LeaseholdImprovements 2024-08-31 00759394 core:PlantMachinery 2024-08-31 00759394 core:FurnitureFittings 2024-08-31 00759394 core:MotorVehicles 2024-08-31 00759394 2024-08-31 00759394 core:Non-currentFinancialInstruments 2025-08-31 00759394 core:Non-currentFinancialInstruments 2024-08-31 00759394 bus:OrdinaryShareClass1 2024-09-01 2025-08-31 00759394 bus:OrdinaryShareClass1 2025-08-31 00759394 bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 00759394 bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 00759394 bus:FRS102 2024-09-01 2025-08-31 00759394 bus:Audited 2024-09-01 2025-08-31 00759394 bus:FullAccounts 2024-09-01 2025-08-31 xbrli:pure xbrli:shares iso4217:GBP