A.W.J.Usher & Sons Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 00848818

A.W.J.Usher & Sons Limited

Filleted Unaudited Financial Statements

For the year ended

31 December 2025

A.W.J.Usher & Sons Limited

Statement of Financial Position

31 December 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		747,912	751,672

Current assets

Stocks		1,450,823	1,100,589
Debtors	6	160,170	101,734
Cash at bank and in hand		152,664	830,256
		------------	------------
		1,763,657	2,032,579

Creditors: amounts falling due within one year	7	44,854		189,577
		------------		------------
Net current assets			1,718,803	1,843,002
			------------	------------
Total assets less current liabilities			2,466,715	2,594,674

Creditors: amounts falling due after more than one year	8		3,829	8,007

Provisions

Deferred taxation	44,729	45,669
	------------	------------
Net assets	2,418,157	2,540,998
	------------	------------

Capital and reserves

Called up share capital		100	100
Investment revaluation reserve	10	187,061	187,061
Capital redemption reserve	10	4	4
Profit and loss account	10	2,230,992	2,353,833
		------------	------------
Shareholders funds		2,418,157	2,540,998
		------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 31 December 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 year in question in accordance with section 476 ;

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

A.W.J.Usher & Sons Limited

Statement of Financial Position (continued)

31 December 2025

These financial statements were approved by the board of directors and authorised for issue on 27 April 2026 , and are signed on behalf of the board by:

M A Usher

Director

Company registration number: 00848818

A.W.J.Usher & Sons Limited

Notes to the Financial Statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 16 The Crescent, Eaton Socon, St Neots, PE19 8HF.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for services rendered, stated net of trade discounts and of value added tax. Work in progress is recognised as turnover when, and to the extent that, the company obtains the right to receive consideration from third parties or from capitalising their own work. Rental income Rental income receivable by the company is included on an accruals basis.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the year-end where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax. Deferred tax is measured at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially recorded at cost, which includes purchase price and any directly attributable expenditure less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	20% straight line
Motor vehicles	-	25% reducing balance
Office equipment	-	25% reducing balance

Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in the profit and loss for the year. An amount equal to the fair value during the accounting period is transferred from the profit and loss to the investment revaluation reserve and disclosed in the statement of changes in equity.

Stocks

Raw materials, consumables and land for development are stated at the lower of cost and net realisable value. Work in progress Work in progress has been valued at the lower of cost and net realisable value, cost being direct cost plus a proportion of overheads where appropriate.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term.

Defined contribution plans

The company makes contributions to the personal pension schemes of certain employees. The annual contributions payable are recognised as an expense in the period in which the related services are provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 4 (2024: 4 ).

5. Tangible assets

	Plant and machinery	Motor vehicles	Office equipment	Investment property	Total
	£	£	£	£	£
Cost
At 1 January 2025	3,278	53,983	3,405	730,000	790,666
Additions	–	–	2,046	–	2,046
Disposals	–	–	( 1,680)	–	( 1,680)
	-------	--------	-------	---------	---------
At 31 December 2025	3,278	53,983	3,771	730,000	791,032
	-------	--------	-------	---------	---------
Depreciation
At 1 January 2025	3,152	34,158	1,684	–	38,994
Charge for the year	126	4,957	407	–	5,490
Disposals	–	–	( 1,364)	–	( 1,364)
	-------	--------	-------	---------	---------
At 31 December 2025	3,278	39,115	727	–	43,120
	-------	--------	-------	---------	---------
Carrying amount
At 31 December 2025	–	14,868	3,044	730,000	747,912
	-------	--------	-------	---------	---------
At 31 December 2024	126	19,825	1,721	730,000	751,672
	-------	--------	-------	---------	---------

Investment properties are valued annually by the director to fair value. The historical cost of the investment properties is £542,939 (2024: £542,939).

6. Debtors

	2025	2024
	£	£
Other debtors	160,170	101,734
	---------	---------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	15,853	4,122
Social security and other taxes	4,693	163,337
Other creditors	24,308	22,118
	--------	---------
	44,854	189,577
	--------	---------

Included within other creditors is £4,178 (2024: £4,178) relating to assets acquired under hire purchase agreements. The hire purchase agreements are secured on the assets concerned.

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	3,829	8,007
	-------	-------

Included within other creditors is £3,829 (2024: £8,007) relating to assets acquired under hire purchase agreements. The hire purchase agreements are secured on the assets concerned.

9. Deferred tax

The deferred tax included in the statement of financial position is as follows:

	2025	2024
	£	£
Included in provisions	44,729	45,669
	--------	--------

The deferred tax account consists of the tax effect of timing differences in respect of:

	2025	2024
	£	£
Accelerated capital allowances	4,478	5,418
Fair value adjustment of investment property	40,251	40,251
	--------	--------
	44,729	45,669
	--------	--------

10. Reserves

Investment revaluation reserve - This non-distributable reserve records fair value movements on investment properties recognised in profit and loss. Capital redemption reserve - This reserve records the nominal value of shares repurchased and cancelled by the company. Profit and loss account - This reserve records retained earnings and accumulated losses less amounts transferred to investment revaluation reserve.

11. Directors' advances, credits and guarantees

During the year the directors entered into the following advances and credits with the company:

	2025
	Balance brought forward	Advances/ (credits) to the directors	Amounts repaid	Balance outstanding
	£	£	£	£
M A Usher	67,300	17,258	–	84,558
	--------	--------	----	--------

	2024
	Balance brought forward	Advances/ (credits) to the directors	Amounts repaid	Balance outstanding
	£	£	£	£
M A Usher	( 71,062)	139,862	( 1,500)	67,300
	--------	---------	-------	--------

Interest at 3.75% (2024: 2.25%) was charged to the director's loan account during periods when the loan account was overdrawn. The director's loan is unsecured and repayable on demand.