Round & Jackson Estate Agents Limited

Registered number

10597797

Filleted Accounts

28 February 2026

Round & Jackson Estate Agents Limited
Registered number:		10597797
Balance Sheet
as at 28 February 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		232,585			234,507

Current assets
Debtors	4	32,593			45,495
Cash at bank and in hand		406,023			257,846
		438,616			303,341

Creditors: amounts falling due within one year	5	(197,317)			(161,991)

Net current assets			241,299			141,350

Total assets less current liabilities			473,884			375,857

Creditors: amounts falling due after more than one year	6		(179,007)			(194,749)

Provisions for liabilities			(805)			(536)


Net assets			294,072			180,572

Capital and reserves
Called up share capital			2			2
Profit and loss account			294,070			180,570

Shareholders' funds			294,072			180,572

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.


M J Jackson
Director
Approved by the board on 28 April 2026

Round & Jackson Estate Agents Limited
Notes to the Accounts
for the year ended 28 February 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings			over 50 years
	Plant and machinery			over 4 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					12		15


3	Tangible fixed assets
				Land and buildings		Plant and machinery etc		Total
£					£		£
	Cost
	At 1 March 2025			241,363		18,273		259,636
	Additions			-		3,525		3,525
	At 28 February 2026			241,363		21,798		263,161

	Depreciation
	At 1 March 2025			9,000		16,129		25,129
	Charge for the year			3,000		2,447		5,447
	At 28 February 2026			12,000		18,576		30,576

	Net book value
	At 28 February 2026			229,363		3,222		232,585
	At 28 February 2025			232,363		2,144		234,507


4	Debtors					2026		2025
£							£

	Trade debtors					29,644		36,246
	Directors current accounts					1,560		7,934
	Other debtors					1,389		1,315
						32,593		45,495


5	Creditors: amounts falling due within one year					2026		2025
£							£

	Bank loans and overdrafts					15,000		15,853
	Trade creditors					6,065		5,959
	Taxation and social security costs					172,512		136,994
	Other creditors					3,740		3,185
						197,317		161,991


6	Creditors: amounts falling due after one year					2026		2025
£							£

	Bank loans					179,007		194,749


7	Loans					2026		2025
£							£
	Creditors include:
	Instalments falling due for payment after more than five years					119,007		131,337


	Secured bank loans					194,007		210,602

	The loans are secured on the assets of the company


8	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	M J Jackson
	[Loan 1]	3,001		-		(3,001)		-
	[Loan 2]	-		144,037		(144,247)		(210)

	S P Round
	[Loan 1]	4,933		-		(4,933)		-
	[Loan 2]	-		144,037		(142,267)		1,770

		7,934		288,074		(294,448)		1,560


9	Related party transactions

	During the year dividends totalling £162,000 were paid to shareholders who were directors of the company.


10	Other information

	Round & Jackson Estate Agents Limited is a private company limited by shares and incorporated in England. Its registered office is:

	The Office, Oxford Road, Banbury, Oxon, United Kingdom, OX16 9XA