J.T. Sawyer & Company Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 00133046 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28TH FEBRUARY 2026

FOR

J.T. SAWYER & COMPANY LIMITED

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTORS:

Mrs M J Lee

M S Lee

SECRETARY:

Mrs T B Lee

REGISTERED OFFICE:

18/22 Mottram Street

Stockport

United Kingdom

Cheshire

SK1 3PA

REGISTERED NUMBER:

00133046 (England and Wales)

ACCOUNTANTS:

Allens Accountants Limited

Chartered Accountants

123 Wellington Road South

Stockport

Cheshire

SK1 3TH

FIXED ASSETS

Tangible assets

4

37,509

140,576

CURRENT ASSETS

Stocks

16,105

18,281

Debtors

5

172,399

125,414

Cash at bank and in hand

173,867

330

362,371

144,025

CREDITORS

Amounts falling due within one year

6

157,921

149,910

NET CURRENT ASSETS/(LIABILITIES)

204,450

(5,885

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

241,959

134,691

CREDITORS

Amounts falling due after more than one
year

7

(1,802

)

(5,858

)

PROVISIONS FOR LIABILITIES

9

(7,127

)

-

NET ASSETS

233,030

128,833

CAPITAL AND RESERVES

Called up share capital

10

1,051

Revaluation reserve

11

-

146,368

Retained earnings

231,979

(18,586

)

233,030

128,833

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2026 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 14th July 2026 and were signed on its behalf by:

M S Lee - Director

1.	STATUTORY INFORMATION

J.T. Sawyer & Company 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue from the sale of goods is recognised when the goods have been delivered and legal title has passed.

Tangible fixed assets

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

Land and buildings

-

2% on cost and Land is not depreciated

Plant and machinery etc

-

20% on reducing balance and 10% on reducing balance

Stocks

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

Financial instruments

A financial asset or liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangement entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2025 - 18 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1st March 2025

170,000

303,022

473,022

Disposals

(170,000

)

-

(170,000

)

At 28th February 2026

-

303,022

DEPRECIATION

At 1st March 2025

71,349

261,097

332,446

Charge for year

-

4,416

Eliminated on disposal

(71,349

)

-

(71,349

)

At 28th February 2026

-

265,513

NET BOOK VALUE

At 28th February 2026

-

37,509

At 28th February 2025

98,651

41,925

140,576

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

170,995

122,138

Other debtors

1,404

3,276

172,399

125,414

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Bank loans and overdrafts

4,399

27,456

Hire purchase contracts

-

785

Trade creditors

81,158

53,064

Taxation and social security

34,230

26,785

Other creditors

38,134

41,820

157,921

149,910

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2026

2025

£

Bank loans

-

4,056

Other creditors

1,802

5,858

8.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

Bank overdraft

-

16,807

Hire purchase contracts

-

785

-

17,592

The bank overdraft is secured by a fixed and floating charge.

The hire purchase debt is secured against the assets to which it relates.

9.	PROVISIONS FOR LIABILITIES

2026

2025

£

Deferred tax

7,127

-

Deferred

tax

£

Provided during year

7,127

Balance at 28th February 2026

7,127

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number

Class

Nominal

28/2/26

28/2/25

value:

299

Ordinary

£1

299

150

Ordinary 'A'

£1

150

302

Ordinary 'B'

£1

302

300

Ordinary 'C'

£1

300

1,051

The shares carry differential rights to dividends.

The Ordinary 'A' shares carry no voting rights and no rights on an equity event or on a winding up. The Ordinary, Ordinary 'B' and Ordinary 'C' shares have equal voting rights and rank equally on an equity event or winding up, after the cumulative preference shares have been repaid.

11.

RESERVES

Revaluation

reserve

£

At 1st March 2025

146,368

Realised gain on disposal

(146,368

)

At 28th February 2026

-

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28th February 2026 and 28th February 2025:

2026

2025

£

Mrs M J Lee

Balance outstanding at start of year

-

10,200

Amounts repaid

-

(10,200

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

During the year, a partnership that includes the director M S Lee purchased all the company's freehold property at its open market valuation of £230,000.Following this acquisition, the company was charged Rent of £24,000 by the partnership.