JW Antiques Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07463174 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

JW ANTIQUES LIMITED

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTOR:

J C W Wood

SECRETARY:

A G McAllister

REGISTERED OFFICE:

Burston Manor

Bow

Crediton

Devon

EX17 6LB

REGISTERED NUMBER:

07463174 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

10,216

15,981

10,216

15,981

CURRENT ASSETS

Stocks

147,914

144,522

Debtors

6

6,925

7,748

Cash at bank

1,825,298

1,404,089

1,980,137

1,556,359

CREDITORS

Amounts falling due within one year

7

686,800

559,508

NET CURRENT ASSETS

1,293,337

996,851

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,303,553

1,012,832

PROVISIONS FOR LIABILITIES

279

3,890

NET ASSETS

1,303,274

1,008,942

CAPITAL AND RESERVES

Called up share capital

8

100

Retained earnings

1,303,174

1,008,842

SHAREHOLDERS' FUNDS

1,303,274

1,008,942

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 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 8 June 2026 and were signed by:

J C W Wood - Director

1.	STATUTORY INFORMATION

JW Antiques 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.

Turnover

Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Motor vehicles

-

25% on cost

Equipment

-

15% on cost

Office equipment

-

15% on cost

Computer equipment

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

87,500

AMORTISATION

At 1 January 2025

and 31 December 2025

87,500

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Motor

Office

Computer

vehicles

Equipment

equipment

Totals

£

COST

At 1 January 2025

27,583

4,150

500

2,194

34,427

Additions

11,100

-

200

11,300

Disposals

(27,582

)

-

(27,582

)

At 31 December 2025

11,101

4,150

500

2,394

18,145

DEPRECIATION

At 1 January 2025

13,792

1,960

500

2,194

18,446

Charge for year

2,775

450

-

50

3,275

Eliminated on disposal

(13,792

)

-

(13,792

)

At 31 December 2025

2,775

2,410

500

2,244

7,929

NET BOOK VALUE

At 31 December 2025

8,326

1,740

-

150

10,216

At 31 December 2024

13,791

2,190

-

15,981

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Other debtors

6,925

7,748

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Taxation and social security

153,689

63,562

Other creditors

533,111

495,946

686,800

559,508

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

100

Ordinary

£1

100

9.	RELATED PARTY DISCLOSURES

Included in other creditors is a loan from the director of £483,765 (2024: £449,829). The loan is subject to interest at the market rate, unsecured and repayable on demand.