REGISTERED NUMBER: 05099120 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

PJ OWEN FURNITURE AGENCIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P J Owen

Mrs C A Owen

SECRETARY:

Mrs C A Owen

REGISTERED OFFICE:

10 Aberfields View

Nantymoel

Bridgend

Mid Glamorgan

CF32 7SJ

REGISTERED NUMBER:

05099120 (England and Wales)

ACCOUNTANTS:

DAVID WRIGHT ACCOUNTANTS LIMITED

Unit 10

Bridgend Business Park

Bennett Street

Bridgend

Glamorgan

CF31 3SH

FIXED ASSETS

Tangible assets

4

10,717

19,684

Investments

5

1,881,500

1,273,000

1,892,217

1,292,684

CURRENT ASSETS

Debtors

6

26,144

29,802

Cash at bank

114,546

680,801

140,690

710,603

CREDITORS

Amounts falling due within one year

7

59,645

62,246

NET CURRENT ASSETS

81,045

648,357

TOTAL ASSETS LESS CURRENT LIABILITIES

1,973,262

1,941,041

PROVISIONS FOR LIABILITIES

2,680

5,024

NET ASSETS

1,970,582

1,936,017

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,970,482

1,935,917

SHAREHOLDERS' FUNDS

1,970,582

1,936,017

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 April 2026 and were signed on its behalf by:

P J Owen - Director

1.	STATUTORY INFORMATION

PJ Owen Furniture Agencies 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 represents commissions earned, net of value added tax.

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

-

33% on cost and 25% 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.

Fixed asset investments

Investments are initially valued at cost, with an appropriate provision being made for any diminution in value. Income from Investments is brought into account in the period of receipt.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

and 31 December 2025

46,356

DEPRECIATION

At 1 January 2025

26,672

Charge for year

8,967

At 31 December 2025

35,639

NET BOOK VALUE

At 31 December 2025

10,717

At 31 December 2024

19,684

5.	FIXED ASSET INVESTMENTS

The company has minority investments in the following companies - Adjust-A-Bed Ltd, Redwood Investments, Aldermore Investment, Shawbrook Investment, United Trust Investment and Cambridge & Counties, Hampshire Bank and St James Place.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

£

£

Trade debtors

23,116

26,774

Other debtors

3,028

3,028

26,144

29,802

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

£

£

Taxation and social security

57,255

60,111

Other creditors

2,390

2,135

59,645

62,246