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Registration number: 14384695

J B & Son Holdings Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 7

J B & Son Holdings Ltd

Company Information

Directors

Mr J M Belton Miss S E Belton Mr E L Belton

Company secretary

Miss S E Belton

Registered office

Dovecote Ambleston Haverfordwest SA62 5QY

J B & Son Holdings Ltd

(Registration number: 14384695)
Balance Sheet as at 31 October 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	667,787	737,736
Investment property	5	285,654	285,654
		953,441	1,023,390
Current assets
Debtors	6	115,510	32,832
Cash at bank and in hand		190,993	90,744
		306,503	123,576
Creditors: Amounts falling due within one year	7	(303,011)	(283,890)
Net current assets/(liabilities)		3,492	(160,314)
Net assets		956,933	863,076
Capital and reserves
Called up share capital	8	400	400
Retained earnings		956,533	862,676
Shareholders' funds		956,933	863,076

For the financial year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 9 September 2025 and signed on its behalf by:
 

......................................... Mr J M Belton Director

J B & Son Holdings Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

1	General information

The company is a private company limited by share capital, incorporated in UK.

The address of its registered office is:
Dovecote
Ambleston
Haverfordwest
SA62 5QY

These financial statements were authorised for issue by the Board on 9 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

J B & Son Holdings Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	10% reducing balance
Motor vehicles	10% reducing balance

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

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 the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

J B & Son Holdings Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 3).

4	Tangible assets

	Plant and machinery £	Motor vehicles  £	Total £
Cost or valuation
At 1 November 2024	784,814	125,190	910,004
Additions	-	68,348	68,348
Disposals	-	(86,947)	(86,947)
At 31 October 2025	784,814	106,591	891,405
Depreciation
At 1 November 2024	148,949	23,319	172,268
Charge for the year	63,586	4,283	67,869
Eliminated on disposal	-	(16,519)	(16,519)
At 31 October 2025	212,535	11,083	223,618
Carrying amount
At 31 October 2025	572,279	95,508	667,787
At 31 October 2024	635,865	101,871	737,736

J B & Son Holdings Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

5	Investment properties

	2025 £
At 1 November	285,654
At 31 October	285,654

The property is held at fair value and has not been revalued. The director considers that the fair value of the property has not changed, and there has not been a valuation by an independent valuer.

Carrying amount of investment property rented to another group entity

The carrying amount of investment property rented to another group entity was £ 285,654 (2024 - £285,654) .

6

Debtors

Current	Note	2025 £	2024 £
Trade debtors		60,000	30,000
Amounts owed by related parties	9	55,510	2,832
		115,510	32,832

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Taxation and social security		30,000	30,000
Other related parties		253,600	253,100
Other creditors		19,411	790
		303,011	283,890

J B & Son Holdings Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
A Shares of £1 each	200	200	200	200
B shares of £1 each	200	200	200	200
	400	400	400	400

9	Related party transactions

Transactions with directors

2025	At 1 November 2024 £	Repayments by director £	At 31 October 2025 £
Mr J M Belton
Interest free loan with no fixed repayment term	(253,100)	(500)	(253,600)

2024	At 1 November 2023 £	Repayments by director £	At 31 October 2024 £
Mr J M Belton
Interest free loan with no fixed repayment term	(600)	(252,500)	(253,100)

Summary of transactions with other related parties

At the end of the accounting period, the company was due £55,509.54 (2024: £2,831.52) from J B & Son Civil Engineering Ltd.
This is interest free and repayable on demand.