Jacs (Keighley) Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 04848718

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		26,646		33,758

			26,646		33,758
CURRENT ASSETS
Stocks	6	859,071		839,640
Debtors	7	4,354,067		4,631,967
Investments	8	1,300		1,300
Cash at bank and in hand		1,184,499		654,566

		6,398,937		6,127,473
Creditors: Amounts Falling Due Within One Year	9	(839,795 )		(728,273 )

NET CURRENT ASSETS (LIABILITIES)			5,559,142		5,399,200

TOTAL ASSETS LESS CURRENT LIABILITIES			5,585,788		5,432,958

PROVISIONS FOR LIABILITIES
Deferred Taxation	10		(6,661 )		(8,439 )

NET ASSETS			5,579,127		5,424,519

CAPITAL AND RESERVES
Called up share capital	11		200		200
Profit and Loss Account			5,578,927		5,424,319

SHAREHOLDERS' FUNDS			5,579,127		5,424,519

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Jacs (Keighley) Limited

Balance Sheet (continued)

As At 31 January 2026

For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs L J Wearmouth

Director

03/07/2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Jacs (Keighley) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04848718 . The registered office is Unit 9 Cawder Park, Snaygill Industrial Estate, Skipton, North Yorkshire, BD23 2QR.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of 10 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% Reducing balance
Motor Vehicles	25% Reducing balance
Fixtures & Fittings	25% Straight line

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Jacs (Keighley) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

2.6. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 14 (2025: 14)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 February 2025	70,000

As at 31 January 2026	70,000

Amortisation
As at 1 February 2025	70,000

As at 31 January 2026	70,000

Net Book Value
As at 31 January 2026	-

As at 1 February 2025	-

5. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 February 2025	38,509	43,286	34,901	116,696
Additions	-	-	2,471	2,471

As at 31 January 2026	38,509	43,286	37,372	119,167

Depreciation
As at 1 February 2025	30,056	20,081	32,801	82,938
Provided during the period	2,114	5,801	1,668	9,583

As at 31 January 2026	32,170	25,882	34,469	92,521

Net Book Value
As at 31 January 2026	6,339	17,404	2,903	26,646

As at 1 February 2025	8,453	23,205	2,100	33,758

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Jacs (Keighley) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

6. Stocks

	2026	2025
	£	£
Stock	859,071	839,640

7. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	467,391	424,252
Prepayments and accrued income	18,623	6,215
Other taxes and social security	2,553	-
Amounts owed by group undertakings	3,865,500	4,201,500

	4,354,067	4,631,967

8. Current Asset Investments

	2026	2025
	£	£
Unlisted investments	1,300	1,300

9. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	364,893	318,743
Corporation tax	193,577	177,611
VAT	43,628	47,080
Accruals and deferred income	66,021	43,527
Directors' loan accounts	171,676	141,312

	839,795	728,273

10. Deferred Taxation

The provision for deferred tax is made up as follows:

	2026	2025
	£	£
Other timing differences	6,661	8,439

11. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	200	200

12. Related Party Transactions

Jacs (Skipton) Ltd

Parent company

As at the balance sheet date the amount owed by the related party was £3,865,500 (2025: £4,201,500).

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Jacs (Keighley) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

13. Ultimate Parent Undertaking and Controlling Party

The company's immediate and ultimate parent undertaking is Jacs (Skipton) Ltd . Jacs (Skipton) Ltd was incorporated in England. The ultimate controlling party is Mr & Mrs P Wearmouth who controls 100% of the shares of Jacs (Skipton) Ltd .

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