REGISTERED NUMBER: 03676630 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

K.JOHNSON LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Keith Johnson

Christine Angela Johnson

REGISTERED OFFICE:

Orchard House

West End

Gayle

Hawes

North Yorkshire

DL8 3RT

REGISTERED NUMBER:

03676630 (England and Wales)

ACCOUNTANTS:

Walter Dawson & Son

Chartered Accountants

Unit 4 Beckside Court

Leyburn Business Park

Leyburn

North Yorkshire

DL8 5QA

FIXED ASSETS

Intangible assets

4

455,165

455,258

Tangible assets

5

10,906

15,426

Investments

6

1,000,200

1,000,200

1,466,271

1,470,884

CURRENT ASSETS

Debtors

7

945,590

1,200,070

Cash at bank and in hand

593,674

386,731

1,539,264

1,586,801

CREDITORS

Amounts falling due within one year

8

705,002

926,114

NET CURRENT ASSETS

834,262

660,687

TOTAL ASSETS LESS CURRENT LIABILITIES

2,300,533

2,131,571

PROVISIONS FOR LIABILITIES

2,727

3,857

NET ASSETS

2,297,806

2,127,714

CAPITAL AND RESERVES

Called up share capital

2

2

Profit and loss account

2,297,804

2,127,712

2,297,806

2,127,714

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 July 2026 and were signed on its behalf by:

Keith Johnson - Director

1.	STATUTORY INFORMATION

K.Johnson 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 represents the amount of stake money placed by customers.

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.

Seniority positions are being amortised evenly over their estimated useful life of eight years.

Tangible fixed assets

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

Plant and machinery

-

33% on cost

Motor vehicles

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

Finance cost of debt

The finance costs of debt, including interest and issue costs, are allocated to each period over the term of the debt and charged to the profit and loss account at a constant rate on the outstanding amount.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Seniority

positions

£

COST

At 1 April 2025

1,448,252

Additions

109,896

At 31 March 2026

1,558,148

AMORTISATION

At 1 April 2025

992,994

Amortisation for year

109,989

At 31 March 2026

1,102,983

NET BOOK VALUE

At 31 March 2026

455,165

At 31 March 2025

455,258

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 April 2025

28,696

47,836

76,532

Additions

1,526

-

1,526

At 31 March 2026

30,222

47,836

78,058

DEPRECIATION

At 1 April 2025

21,981

39,125

61,106

Charge for year

3,868

2,178

6,046

At 31 March 2026

25,849

41,303

67,152

NET BOOK VALUE

At 31 March 2026

4,373

6,533

10,906

At 31 March 2025

6,715

8,711

15,426

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2025

and 31 March 2026

1,000,200

NET BOOK VALUE

At 31 March 2026

1,000,200

At 31 March 2025

1,000,200

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

60,548

57,697

Amounts owed by associates

275,591

204,527

Other debtors

609,451

937,846

945,590

1,200,070

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

25,791

12,888

Taxation and social security

60,694

17,208

Other creditors

618,517

896,018

705,002

926,114

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2026

2025

£

£

Within one year

-

1,200