REGISTERED NUMBER: 01222630 (England and Wales)

Financial Statements

for the Year Ended 31 August 2025

for

F.C. & J.K. Johnson (Sports Goods)

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

B Johnson

D Thrower

REGISTERED OFFICE:

c/o Parker Cavendish, Suite 301

Stanmore Business and Innovation Centre

Howard Road

Stanmore

Middlesex

HA7 1FW

REGISTERED NUMBER:

01222630 (England and Wales)

ACCOUNTANTS:

Parker Cavendish

Chartered Accountants

Suite 301, Stanmore Business

and Innovation Centre

Howard Road

Stanmore

Middlesex

HA7 1FW

FIXED ASSETS

Tangible assets

4

476

595

Investment property

5

1,775,000

1,775,000

1,775,476

1,775,595

CURRENT ASSETS

Debtors

6

70,219

87,105

Cash at bank

9,550

15,092

79,769

102,197

CREDITORS

Amounts falling due within one year

7

(33,742

)

(34,265

)

NET CURRENT ASSETS

46,027

67,932

TOTAL ASSETS LESS CURRENT LIABILITIES

1,821,503

1,843,527

CREDITORS

Amounts falling due after more than one year

8

-

(2,001

)

PROVISIONS FOR LIABILITIES

(360,392

)

(360,392

)

NET ASSETS

1,461,111

1,481,134

CAPITAL AND RESERVES

Called up share capital

100

100

Other reserves

1,081,177

1,081,177

Retained earnings

379,834

399,857

1,461,111

1,481,134

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

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

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 May 2026 and were signed on its behalf by:

B Johnson - Director

1.	STATUTORY INFORMATION

F.C. & J.K. Johnson (Sports Goods) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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, modified to include investment property at fair value.

Turnover

Turnover represents rent receivable. Income is recognised over the period of the tenancy agreement.

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

-

20% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2024

and 31 August 2025

60,520

DEPRECIATION

At 1 September 2024

59,925

Charge for year

119

At 31 August 2025

60,044

NET BOOK VALUE

At 31 August 2025

476

At 31 August 2024

595

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2024

and 31 August 2025

1,775,000

NET BOOK VALUE

At 31 August 2025

1,775,000

At 31 August 2024

1,775,000

There are fixed and floating charges over the investment property.

Fair value at 31 August 2025 is represented by:

£

Valuation in 2017

1,441,569

Cost

333,431

1,775,000

The fair value of the investment properties has been arrived at on the basis of a valuation carried out at 31 August 2025 by the director of the company. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

70,219

87,105

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

2,001

2,400

Taxation and social security

24,391

17,231

Other creditors

7,350

14,634

33,742

34,265

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

2,001

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included within other debtors at the year end is an aggregate amount of £61,475 (2024: £69,590) due from the directors B Johnson and D Thrower. During the year, interest of £2,128 (2024: £1,968) was charged at rates between 2.25% - 3.75% whilst the accounts were overdrawn.

The overdrawn balance was repaid on 30 April 2026.

There have been no advances which individually were considered material and no other individual advances exceeding £20,000 to the directors during the year under review.