REGISTERED NUMBER: 05959846 (England and Wales)

J S JONES IFA LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J S Jones

SECRETARY:

Mrs L Griffiths

REGISTERED OFFICE:

6 Eldon Row

Eldon Square

Dolgellau

Gwynedd

LL40 1PY

REGISTERED NUMBER:

05959846 (England and Wales)

ACCOUNTANTS:

E W Owen & Co

Glyndwr Buildings

Glyndwr Street

Dolgellau

Gwynedd

LL40 1BB

FIXED ASSETS

Tangible assets

4

144,962

145,145

CURRENT ASSETS

Debtors

5

7,692

6,348

Cash at bank and in hand

234,135

189,336

241,827

195,684

CREDITORS

Amounts falling due within one year

6

80,941

83,474

NET CURRENT ASSETS

160,886

112,210

TOTAL ASSETS LESS CURRENT LIABILITIES

305,848

257,355

PROVISIONS FOR LIABILITIES

1,133

1,170

NET ASSETS

304,715

256,185

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

304,714

256,184

SHAREHOLDERS' FUNDS

304,715

256,185

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 April 2026 and were signed by:

J S Jones - Director

1.	STATUTORY INFORMATION

J S Jones IFA Limited 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

10% on reducing balance

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.

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 5 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 November 2024

140,000

8,157

2,965

5,150

156,272

Additions

-

-

-

756

756

At 31 October 2025

140,000

8,157

2,965

5,906

157,028

DEPRECIATION

At 1 November 2024

-

5,751

2,164

3,212

11,127

Charge for year

-

240

160

539

939

At 31 October 2025

-

5,991

2,324

3,751

12,066

NET BOOK VALUE

At 31 October 2025

140,000

2,166

641

2,155

144,962

At 31 October 2024

140,000

2,406

801

1,938

145,145

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,793

1,264

Other debtors

5,899

5,084

7,692

6,348

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

3,917

3,826

Taxation and social security

23,306

22,985

Other creditors

53,718

56,663

80,941

83,474