Jacksons Workwear Rental Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 00193856

JACKSONS WORKWEAR RENTAL LIMITED

FILLETED UNAUDITED ABRIDGED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 October 2025

JACKSONS WORKWEAR RENTAL LIMITED

ABRIDGED FINANCIAL STATEMENTS

YEAR ENDED 31 OCTOBER 2025

Contents	Page

Abridged statement of financial position	1

Notes to the abridged financial statements	3

JACKSONS WORKWEAR RENTAL LIMITED

ABRIDGED STATEMENT OF FINANCIAL POSITION

31 October 2025

	2025		2024
Note	£	£	£

FIXED ASSETS

Tangible assets	5		2,505,265	2,578,415

CURRENT ASSETS

Stocks	13,440	13,384
Debtors	1,352,865	1,117,689
Cash at bank and in hand	477,517	529,662
	-------------	-------------
	1,843,822	1,660,735

CREDITORS: amounts falling due within one year	874,795		851,027
	-------------		-------------
NET CURRENT ASSETS		969,027	809,708
		-------------	-------------
TOTAL ASSETS LESS CURRENT LIABILITIES		3,474,292	3,388,123

PROVISIONS

Taxation including deferred tax	411,132	359,466
	-------------	-------------
NET ASSETS	3,063,160	3,028,657
	-------------	-------------

CAPITAL AND RESERVES

Called up share capital	14,604	14,604
Other reserves	26,071	26,071
Profit and loss account	3,022,485	2,987,982
	-------------	-------------
SHAREHOLDERS FUNDS	3,063,160	3,028,657
	-------------	-------------

These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the 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 abridged financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .

All of the members have consented to the preparation of the abridged statement of financial position for the year ending 31 October 2025 in accordance with Section 444(2A) of the Companies Act 2006.

JACKSONS WORKWEAR RENTAL LIMITED

ABRIDGED STATEMENT OF FINANCIAL POSITION (continued)

31 October 2025

These abridged financial statements were approved by the board of directors and authorised for issue on 29 July 2026 , and are signed on behalf of the board by:

A J Mackinder
Director

Company registration number: 00193856

JACKSONS WORKWEAR RENTAL LIMITED

NOTES TO THE ABRIDGED FINANCIAL STATEMENTS

YEAR ENDED 31 OCTOBER 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Weir Street, Lincoln, LN5 8DT.

2. Statement of compliance

These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The abridged financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The abridged financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

The turnover shown in the profit and loss account represents amounts invoiced during the year for the rental of garments, dust mats and cabinet roller towels, and for the provision of laundry services. Turnover is recognised exclusive of Value Added Tax.

Income tax

Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax. Deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant & Machinery	-	10-20% straight line
Motor Vehicles	-	20-25% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Stocks

Consumable stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. The realisable value of stocks and goods on client contract is based upon a useful life of 24 months.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the abridged statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Government grants

Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received. Government grants are recognised using the accrual model and the performance model. Under the accrual model, government grants relating to revenue are recognised on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate. Grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs are recognised in income in the period in which it becomes receivable. Grants relating to assets are recognised in income on a systematic basis over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income and not deducted from the carrying amount of the asset. Under the performance model, where the grant does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a liability.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the abridged statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 79 (2024: 77 ).

5. Tangible assets

	£
Cost
At 1 November 2024	7,644,121
Additions	1,636,531
Disposals	( 2,259,064)
	-------------
At 31 October 2025	7,021,588
	-------------
Depreciation
At 1 November 2024	5,065,706
Charge for the year	1,689,049
Disposals	( 2,238,432)
	-------------
At 31 October 2025	4,516,323
	-------------
Carrying amount
At 31 October 2025	2,505,265
	-------------
At 31 October 2024	2,578,415
	-------------

6. Financial instruments

For financial instruments measured at fair value, the basis for determining fair value must be disclosed. When a valuation technique is used, the assumptions applied in determining fair value for each class of financial assets or financial liabilities must be disclosed. If a reliable measure of fair value is no longer available for ordinary or preference shares measured at fair value through profit or loss, this must also be disclosed.

7. Directors' advances, credits and guarantees

At the start of the year, the company owed £3,988 to the directors. During the year, the directors borrowed £186,832 from the company, leaving an overdrawn balance of £182,844 on the directors loan account at the year end.

8. Related party transactions

The company is a wholly owned subsidiary of Somers Bigsby Limited. All transactions between the companies are at market value.

9. Controlling party

The parent undertaking of the company is Somers Bigsby Limited, a company incorporated in England & Wales. Accounts for Somers Bigsby Limited are available from Companies House, Cardiff, CF4 3UZ. The ultimate controlling party throughout the current and previous period was Mr A Mackinder due to his majority shareholding in the ultimate holding company.