REGISTERED NUMBER: 09769648 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

HADLEY JAMES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs K L Docwra

J M Docwra

REGISTERED OFFICE:

Unit 6 Modular Business Park

Norton Road

Stevenage

Hertforshire

SG1 2FZ

REGISTERED NUMBER:

09769648 (England and Wales)

ACCOUNTANTS:

Solazzo & Co Ltd

Chartered Accountants

Woodlands,

27 Ferney Road

Cheshunt

Hertfordshire

EN7 6XQ

FIXED ASSETS

Tangible assets

4

820,406

792,915

CURRENT ASSETS

Debtors

5

693,636

602,996

Cash at bank and in hand

131,503

120,259

825,139

723,255

CREDITORS

Amounts falling due within one year

6

321,306

550,143

NET CURRENT ASSETS

503,833

173,112

TOTAL ASSETS LESS CURRENT LIABILITIES

1,324,239

966,027

CREDITORS

Amounts falling due after more than one year

7

(295,417

)

(47,608

)

PROVISIONS FOR LIABILITIES

11

(103,877

)

(95,177

)

NET ASSETS

924,945

823,242

CAPITAL AND RESERVES

Called up share capital

200

200

Revaluation reserve

12

134,508

135,500

Retained earnings

790,237

687,542

924,945

823,242

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 20 May 2026 and were signed on its behalf by:

J M Docwra - Director

Mrs K L Docwra - Director

1.	STATUTORY INFORMATION

Hadley James 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 as modified by the revaluation of certain assets.

TURNOVER

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

-

2% on cost

Plant and machinery

-

20% on cost

Fixtures and fittings

-

at varying rates on cost

Motor vehicles

-

25% on reducing balance

Office equipment

-

20% on cost

Freehold property is stated at valuation less accumulated depreciation. Freehold land is not depreciated.

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.

HIRE PURCHASE AND LEASING COMMITMENTS

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

FINANCIAL INSTRUMENTS AND CASH AND CASH EQUIVALENTS

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and recorded at the initial transaction cost. A provision for non-recovery of debtors is made where management consider that a risk exists that the company will not be able to recover fully amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST OR VALUATION

At 1 October 2024

600,000

167,543

123,778

Additions

-

569

3,245

Disposals

-

-

-

At 30 September 2025

600,000

168,112

127,023

DEPRECIATION

At 1 October 2024

8,000

95,782

44,438

Charge for year

8,000

29,435

10,348

Eliminated on disposal

-

-

-

At 30 September 2025

16,000

125,217

54,786

NET BOOK VALUE

At 30 September 2025

584,000

42,895

72,237

At 30 September 2024

592,000

71,761

79,340

Motor

Office

vehicles

equipment

Totals

£

£

£

COST OR VALUATION

At 1 October 2024

145,775

13,361

1,050,457

Additions

96,790

2,419

103,023

Disposals

(5,458

)

-

(5,458

)

At 30 September 2025

237,107

15,780

1,148,022

DEPRECIATION

At 1 October 2024

98,104

11,218

257,542

Charge for year

22,472

1,183

71,438

Eliminated on disposal

(1,364

)

-

(1,364

)

At 30 September 2025

119,212

12,401

327,616

NET BOOK VALUE

At 30 September 2025

117,895

3,379

820,406

At 30 September 2024

47,671

2,143

792,915

The Directors are of the opinion that the book value of freehold property is not materially different to it's fair value.

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST OR VALUATION

At 1 October 2024

70,825

33,725

104,550

Additions

-

85,490

85,490

At 30 September 2025

70,825

119,215

190,040

DEPRECIATION

At 1 October 2024

42,435

19,497

61,932

Charge for year

14,145

14,273

28,418

At 30 September 2025

56,580

33,770

90,350

NET BOOK VALUE

At 30 September 2025

14,245

85,445

99,690

At 30 September 2024

28,390

14,228

42,618

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade debtors

259,537

195,075

Other debtors

368,578

352,471

Directors' current accounts

56,007

55,450

Prepayments and accrued income

9,514

-

693,636

602,996

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans and overdrafts (see note 8)

27,747

278,333

Hire purchase contracts (see note 9)

31,437

19,765

Trade creditors

72,974

80,679

Social security and other taxes

169,269

163,662

Other creditors

19,879

7,704

321,306

550,143

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans (see note 8)

234,463

8,603

Hire purchase contracts (see note 9)

60,954

39,005

295,417

47,608

Amounts falling due in more than five years:

Repayable by instalments

Mortgage more than 5 years by instalments

138,592

-

8.

LOANS

An analysis of the maturity of loans is given below:

30.9.25

30.9.24

£

£

Amounts falling due within one year or on demand:

Bank loans

8,406

8,000

Mortgage

19,341

270,333

27,747

278,333

Amounts falling due between one and two years:

Bank loans - 1-2 years

-

8,000

Mortgage 1-2 years

21,007

-

21,007

8,000

Amounts falling due between two and five years:

Bank loans - 2-5 years

-

603

Mortgage 2-5 years

74,864

-

74,864

603

Amounts falling due in more than five years:

Repayable by instalments

Mortgage more than 5 years by instalments

138,592

-

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

30.9.25

30.9.24

£

£

Net obligations repayable:

Within one year

31,437

19,765

Between one and five years

60,954

39,005

92,391

58,770

Non-cancellable

operating leases

30.9.25

30.9.24

£

£

Within one year

30,000

6,959

Between one and five years

37,500

-

67,500

6,959

10.	SECURED DEBTS

The following secured debts are included within creditors:

30.9.25

30.9.24

£

£

Mortgage

253,805

270,333

The company has legal, fixed and floating charges over the assets of the company in favour of Clydesdale Bank plc dated 7 October 2019.The mortgage term is for ten years expiring October 2034 and carries an interest rate at 3.6% above bank base rate.

11.	PROVISIONS FOR LIABILITIES

30.9.25

30.9.24

£

£

Deferred tax

103,877

95,177

Deferred

tax

£

Balance at 1 October 2024

95,177

Provided during year

9,623

Revaluation adjustment

(923

)

Balance at 30 September 2025

103,877

12.

RESERVES

Revaluation

reserve

£

At 1 October 2024

135,500

Revaluation reserve

(1,985

)

Deferred tax

993

At 30 September 2025

134,508

13.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2025 and 30 September 2024:

30.9.25

30.9.24

£

£

J M Docwra

Balance outstanding at start of year

27,725

-

Amounts advanced

98,126

27,725

Amounts repaid

(75,500

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

50,351

27,725

Mrs K L Docwra

Balance outstanding at start of year

27,725

-

Amounts advanced

53,431

27,725

Amounts repaid

(75,500

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

5,656

27,725

14.	RELATED PARTY DISCLOSURES