J W W Allison and Sons Limited 31/08/2025 iXBRL

Company registration number: 05266229

J W W Allison and Sons Limited

Unaudited filleted financial accounts

For the year ended

31 August 2025

J W W Allison and Sons Limited

Contents

Statement of financial position

Notes to the financial accounts

J W W Allison and Sons Limited

Statement of financial position

31 August 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Intangible assets	3	-		12,438
Tangible assets	4	38,245		45,514
		________		________
			38,245		57,952

Current assets
Stocks		119,946		124,208
Debtors	5	222,917		198,317
Cash at bank and in hand		1,479,502		1,139,262
		________		________
		1,822,365		1,461,787
Creditors: amounts falling due
within one year	6	( 454,034)		( 421,765)
		________		________
Net current assets			1,368,331		1,040,022
			________		________
Total assets less current liabilities			1,406,576		1,097,974


Provisions for liabilities			( 9,561)		( 11,379)

			________		________
Net assets			1,397,015		1,086,595
			________		________

Capital and reserves
Called up share capital			3,100		3,100
Profit and loss account			1,393,915		1,083,495
			________		________
Shareholders funds			1,397,015		1,086,595
			________		________

For the year ending 31 August 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 accounts 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 accounts.

These financial accounts 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.

These financial accounts were approved by the board of directors and authorised for issue on 19 May 2026 , and are signed on behalf of the board by:

Mr N W Mitchell

Director

Company registration number: 05266229

J W W Allison and Sons Limited

Notes to the financial accounts

Year ended 31 August 2025

1. Accounting policies

General information

The company is a private company limited by shares, registered in England and Wales, registration number 05266229 . The address of the registered office is J W W Allison and Sons Limited, 31 Main Street, Cockermouth, CA13 9LL.

Basis of preparation

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

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied with the same financial statements.

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

Turnover

Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, 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 at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Goodwill

Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.

Amortisation

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


Goodwill	-	20 years straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible fixed assets are included at cost less depreciation.

Depreciation

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


Fittings fixtures and equipment	-	15 %	reducing balance
Motor vehicles	-	20 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for fixed asset investments which are measured at fair value, with changes recognised in the fair value reserve.

Pension costs

The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in comprehensive income when due.

2. Employee numbers

The average number of persons employed by the company during the year amounted to 12 (2024: 13 ).

3. Intangible assets

	Goodwill	Total
	£	£
Cost
At 1 September 2024 and 31 August 2025	1,492,500	1,492,500
	________	________
Amortisation
At 1 September 2024	1,480,062	1,480,062
Charge for the year	12,438	12,438
	________	________
At 31 August 2025	1,492,500	1,492,500
	________	________
Carrying amount
At 31 August 2025	-	-
	________	________
At 31 August 2024	12,438	12,438
	________	________

4. Tangible assets

	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£
Cost
At 1 September 2024	224,110	20,986	245,096
Additions	666	-	666
	________	________	________
At 31 August 2025	224,776	20,986	245,762
	________	________	________
Depreciation
At 1 September 2024	188,654	10,928	199,582
Charge for the year	5,420	2,515	7,935
	________	________	________
At 31 August 2025	194,074	13,443	207,517
	________	________	________
Carrying amount
At 31 August 2025	30,702	7,543	38,245
	________	________	________
At 31 August 2024	35,456	10,058	45,514
	________	________	________

5. Debtors

	2025	2024
	£	£
Trade debtors	193,997	176,607
Other debtors	28,920	21,710
	________	________
	222,917	198,317
	________	________

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	292,272	219,166
Taxation and social security	147,172	188,902
Directors loan account	5,712	5,181
Other creditors	8,878	8,516
	________	________
	454,034	421,765
	________	________

7. Pension commitments

The company operates a defined contribution pension scheme for its employees. The assets of the scheme are held separately in an independently administered fund. At the balance sheet date, unpaid contributions of £1,020 (2024 - £943) were due to the fund. They are included in other creditors.

8. Other financial commitments

At 31 August 2025 the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £145,726 (2024 - £159,726).