REGISTERED NUMBER: 07015578 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

JTD Building Supplies Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R N B Ewens

Mr R W Jagger

Mr A J Sharkey

Mrs H R Teague

REGISTERED OFFICE:

201 New Mill Road

Brockholes

Holmfirth

West Yorkshire

HD9 7AL

REGISTERED NUMBER:

07015578 (England and Wales)

ACCOUNTANTS:

BK Plus Ltd

Abacus House

Pennine Business Park

Huddersfield

West Yorkshire

HD2 1GQ

FIXED ASSETS

Intangible assets

4

19,385

13,272

Tangible assets

5

814,762

827,028

Investments

6

50,000

50,000

884,147

890,300

CURRENT ASSETS

Stocks

7

1,130,285

1,049,021

Debtors

8

2,929,859

2,798,003

Cash at bank

67,673

306,711

4,127,817

4,153,735

CREDITORS

Amounts falling due within one year

9

3,603,882

2,903,045

NET CURRENT ASSETS

523,935

1,250,690

TOTAL ASSETS LESS CURRENT LIABILITIES

1,408,082

2,140,990

CREDITORS

Amounts falling due after more than one year

10

(226,111

)

(272,551

)

PROVISIONS FOR LIABILITIES

(185,503

)

(195,002

)

NET ASSETS

996,468

1,673,437

CAPITAL AND RESERVES

Called up share capital

63

63

Capital redemption reserve

37

37

Retained earnings

996,368

1,673,337

SHAREHOLDERS' FUNDS

996,468

1,673,437

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 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 29 July 2026 and were signed on its behalf by:

Mr A J Sharkey - Director

1.	STATUTORY INFORMATION

JTD Building Supplies 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.

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.

Computer software is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

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

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

At each reporting date the company assess whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Leasehold improvements

- 2% on cost

Plant and machinery

- 15% on cost

Fixtures and fittings

- 20% on cost

Motor vehicles

- 15% on cost

Computer equipment

- 20% on cost

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

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of future receipts discounted at a market rate of interest. Financial assets classified as receivable in one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements 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.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

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. Amounts 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 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 47 (2024 - 41 ) .

4.	INTANGIBLE FIXED ASSETS

Computer

software

£

COST

At 1 November 2024

22,120

Additions

9,250

At 31 October 2025

31,370

AMORTISATION

At 1 November 2024

8,848

Amortisation for year

3,137

At 31 October 2025

11,985

NET BOOK VALUE

At 31 October 2025

19,385

At 31 October 2024

13,272

5.	TANGIBLE FIXED ASSETS

Fixtures

Leasehold

Plant and

and

improvements

machinery

fittings

£

£

£

COST

At 1 November 2024

51,909

537,853

270,146

Additions

27,370

19,711

13,340

Disposals

-

-

-

At 31 October 2025

79,279

557,564

283,486

DEPRECIATION

At 1 November 2024

2,697

156,351

147,772

Charge for year

1,485

71,458

37,948

Eliminated on disposal

-

-

-

At 31 October 2025

4,182

227,809

185,720

NET BOOK VALUE

At 31 October 2025

75,097

329,755

97,766

At 31 October 2024

49,212

381,502

122,374

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 November 2024

503,465

56,380

1,419,753

Additions

141,455

3,513

205,389

Disposals

(122,950

)

-

(122,950

)

At 31 October 2025

521,970

59,893

1,502,192

DEPRECIATION

At 1 November 2024

258,691

27,214

592,725

Charge for year

73,822

11,426

196,139

Eliminated on disposal

(101,434

)

-

(101,434

)

At 31 October 2025

231,079

38,640

687,430

NET BOOK VALUE

At 31 October 2025

290,891

21,253

814,762

At 31 October 2024

244,774

29,166

827,028

Included within the net book value above is £162,302 (2024 - £259,015), which relates to assets held under hire purchase agreements. The depreciation charge to the financial statements in the year in respect of such assets amounted to £56,754 (2024 - £56,754).

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 November 2024

and 31 October 2025

50,000

NET BOOK VALUE

At 31 October 2025

50,000

At 31 October 2024

50,000

7.

STOCKS

31.10.25

31.10.24

£

£

Stocks

1,130,285

1,049,021

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

1,470,738

1,483,310

Amounts owed by associates

54,979

-

Other debtors

1,404,142

1,314,693

2,929,859

2,798,003

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Hire purchase contracts (see note 11)

143,748

131,353

Trade creditors

2,407,131

1,457,906

Taxation and social security

104,204

364,812

Other creditors

948,799

948,974

3,603,882

2,903,045

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Hire purchase contracts (see note 11)

226,111

272,551

11.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.10.25

31.10.24

£

£

Net obligations repayable:

Within one year

143,748

131,353

Between one and five years

226,111

272,551

369,859

403,904

Non-cancellable

operating leases

31.10.25

31.10.24

£

£

Within one year

55,197

40,373

Between one and five years

78,510

64,817

133,707

105,190

12.	SECURED DEBTS

The following secured debts are included within creditors:

31.10.25

31.10.24

£

£

Hire purchase contracts

369,859

403,904

Lloyds Bank Commercial Finance Ltd hold a fixed and floating charge over all assets of the company.

13.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 October 2025 and 31 October 2024:

31.10.25

31.10.24

£

£

Director 1

Balance outstanding at start of year

83,198

73,025

Amounts advanced

72,683

83,198

Amounts repaid

(83,257

)

(73,025

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

72,624

83,198

31.10.25

31.10.24

£

£

Director 2

Balance outstanding at start of year

119,866

94,407

Amounts advanced

91,390

119,866

Amounts repaid

(115,459

)

(94,407

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

95,797

119,866

31.10.25

31.10.24

£

£

Director 3

Balance outstanding at start of year

801,071

701,959

Amounts advanced

240,077

286,512

Amounts repaid

(237,424

)

(187,400

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

803,724

801,071

Included within creditors, amounts due within one year, is a loan from the directors of £nil (2024 - £15,000). The loan is interest free and is repayable on demand.

14.	RELATED PARTY DISCLOSURES

At the balance sheet date the company was owed £54,979 (2024 - £nil) from JTD Property Limited. The company also paid £110,000 (2024 - £110,000) in rent to JTD Property Limited. The directors in JTD Building Supplies Limited are also directors in JTD Property Limited.

The controlling party is Mr A J Sharkey.