F.C. Jackson (Woodhall Spa) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 00505223 (England and Wales)

F.C. JACKSON (WOODHALL SPA) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

Page

Company Information

1

Statement of Financial Position

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTOR:

P P Jackson

SECRETARY:

P P Jackson

REGISTERED OFFICE:

114 Horncastle Road

Roughton Moor

Woodhall Spa

LN10 6UX

REGISTERED NUMBER:

00505223 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

5 Resolution Close

Endeavour Park

Boston

Lincolnshire

PE21 7TT

SOLICITORS:

Chattertons Solicitors

28 Wide Bargate

Boston

Lincolnshire

PE21 6RT

FIXED ASSETS

Tangible assets

4

164,358

148,939

CURRENT ASSETS

Stocks

219,363

290,631

Debtors

5

149,656

104,952

Cash at bank

783,939

388,011

1,152,958

783,594

CREDITORS

Amounts falling due within one year

6

231,228

75,214

NET CURRENT ASSETS

921,730

708,380

TOTAL ASSETS LESS CURRENT LIABILITIES

1,086,088

857,319

PROVISIONS FOR LIABILITIES

19,135

23,646

NET ASSETS

1,066,953

833,673

CAPITAL AND RESERVES

Called up share capital

7

8,760

Capital redemption reserve

4,740

Other reserves

6,265

Retained earnings

1,047,188

813,908

SHAREHOLDERS' FUNDS

1,066,953

833,673

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

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 July 2026 and were signed by:

P P Jackson - Director

1.	STATUTORY INFORMATION

F.C. Jackson (Woodhall Spa) 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 amounts charged to customers for goods and services provided during the year, excluding value added tax and trade discounts. Golf equipment sales are recognised upon delivery to the customer, or upon collection by the customer.

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

-

16.33% on cost, 10% on cost and 2% on cost

Plant and machinery etc

-

33% on cost, 20% on reducing balance, 15% on cost and 10% on cost

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Stocks

Stocks are valued at the lower of cost and estimated selling price less cost to sell, after making due allowance for obsolete and slow moving items.

Financial instruments

The company has chosen to adopt the FRS102 1A in respect of financial instruments.

Basic financial assets, including trade and other debtors and cash and bank balances are initially recognised at transaction price, unless the arrangement constitute a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

At the end of each reporting period, financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in the income statement.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 the income statement in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2025 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 March 2025

81,804

199,835

281,639

Additions

43,618

36,667

80,285

Disposals

-

(53,595

)

(53,595

)

At 28 February 2026

125,422

182,907

308,329

DEPRECIATION

At 1 March 2025

49,399

83,301

132,700

Charge for year

1,829

28,519

30,348

Eliminated on disposal

-

(19,077

)

(19,077

)

At 28 February 2026

51,228

92,743

143,971

NET BOOK VALUE

At 28 February 2026

74,194

90,164

164,358

At 28 February 2025

32,405

116,534

148,939

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

138,477

91,715

Other debtors

11,179

13,237

149,656

104,952

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade creditors

60,022

1,049

Taxation and social security

156,618

61,996

Other creditors

14,588

12,169

231,228

75,214

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

8,760

Ordinary

£1

8,760

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

2026

2025

£

P P Jackson

Balance outstanding at start of year

367

921

Amounts advanced

331

446

Amounts repaid

(526

)

(1,000

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

172

367

The loan made to the director is unsecured, interest free and repayable on demand.