j & m Hardware Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 06570012

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		2,942		3,922

			2,942		3,922
CURRENT ASSETS
Stocks	5	48		17,911
Debtors	6	32,956		40,179
Cash at bank and in hand		2,373		2,472

		35,377		60,562
Creditors: Amounts Falling Due Within One Year	7	(8,626 )		(15,476 )

NET CURRENT ASSETS (LIABILITIES)			26,751		45,086

TOTAL ASSETS LESS CURRENT LIABILITIES			29,693		49,008

Creditors: Amounts Falling Due After More Than One Year	8		(20,000 )		(22,289 )

NET ASSETS			9,693		26,719

CAPITAL AND RESERVES
Called up share capital	9		(100 )		(100 )
Profit and Loss Account			9,793		26,819

SHAREHOLDERS' FUNDS			9,693		26,719

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j & m Hardware Limited

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr John Kelly

Director

05/05/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

j & m Hardware Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06570012 . The registered office is 75 Scotland Road, Nelson, Lancashire, BB9 7UY.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% Reducing Balance
Motor Vehicles	25% Reducing Balance
Fixtures & Fittings	25% Reducing Balance
Computer Equipment	50% Straight Line

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2026	2025
Office and administration	2	2

	2	2

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j & m Hardware Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 April 2025	1,674	14,262	3,238	2,994	22,168

As at 31 March 2026	1,674	14,262	3,238	2,994	22,168

Depreciation
As at 1 April 2025	1,474	10,571	3,207	2,994	18,246
Provided during the period	50	922	8	-	980

As at 31 March 2026	1,524	11,493	3,215	2,994	19,226

Net Book Value
As at 31 March 2026	150	2,769	23	-	2,942

As at 1 April 2025	200	3,691	31	-	3,922

5. Stocks

	2026	2025
	£	£
Finished goods	48	17,911

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	293	2,516
Director's loan account	32,763	37,763
Called up share capital not paid	(100 )	(100 )

	32,956	40,179

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	6,116	10,290
Bank loans and overdrafts	80	615
VAT	1,024	3,871
Accruals and deferred income	700	700
Director's loan account	706	-

	8,626	15,476

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j & m Hardware Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

8. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	-	2,289
Directors loan account	20,000	20,000

	20,000	22,289

9. Share Capital

	2026	2025
	£	£
Called Up Share Capital not Paid	(100 )	(100 )

Amount of Allotted, Called Up Share Capital	(100 )	(100 )

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