REGISTERED NUMBER: 04624621 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

FOR

J.C. TROPHIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

9

DIRECTORS:

G D Coulstock

J L Coulstock

SECRETARY:

J L Coulstock

REGISTERED OFFICE:

17 Temple Road

Dorridge

Solihull

West Midlands

B93 8LE

REGISTERED NUMBER:

04624621 (England and Wales)

ACCOUNTANTS:

Carter & Coley

Chartered Accountants

3 Durrant Road

Bournemouth

Dorset

BH2 6NE

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

324,434

305,368

Investments

6

101,625

-

426,059

305,368

CURRENT ASSETS

Stocks

32,000

44,000

Debtors

7

17,546

26,536

Cash at bank and in hand

660,032

616,522

709,578

687,058

CREDITORS

Amounts falling due within one year

8

169,719

118,801

NET CURRENT ASSETS

539,859

568,257

TOTAL ASSETS LESS CURRENT LIABILITIES

965,918

873,625

PROVISIONS FOR LIABILITIES

10,297

9,315

NET ASSETS

955,621

864,310

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

9

955,521

864,210

SHAREHOLDERS' FUNDS

955,621

864,310

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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 June 2026 and were signed on its behalf by:

G D Coulstock - Director

1.	STATUTORY INFORMATION

J.C. Trophies 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 as modified by the revaluation of certain assets.

Turnover

The turnover shown in the profit and loss account represents amounts earned during the year, exclusive of Value Added Tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business is being amortised on a straight line basis over five years in accordance with FRS102 (Section 1A).

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.

Tangible fixed assets

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

Storage facility

-

10% on cost

Short leasehold

-

20% on cost

Freehold property

-

2% on buildings and nil on land

Plant and machinery

-

25% on reducing balance

Fixtures, fittings & equipment

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Fixed assets are initially recognised at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 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.

Investments

Investments are initially recognised at cost and subsequently adjusted to fair value at the balance sheet date with any increases or decreases being recognised in the Profit and Loss Account..

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2025 - 13 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 March 2025

and 28 February 2026

55,000

AMORTISATION

At 1 March 2025

and 28 February 2026

55,000

NET BOOK VALUE

At 28 February 2026

-

At 28 February 2025

-

5.	TANGIBLE FIXED ASSETS

Storage

Short

Freehold

Plant and

facility

leasehold

property

machinery

£

£

£

£

COST

At 1 March 2025

134,934

2,358

162,800

93,409

Additions

43,368

-

-

2,084

At 28 February 2026

178,302

2,358

162,800

95,493

DEPRECIATION

At 1 March 2025

13,493

849

14,149

67,919

Charge for year

17,830

302

2,165

6,893

At 28 February 2026

31,323

1,151

16,314

74,812

NET BOOK VALUE

At 28 February 2026

146,979

1,207

146,486

20,681

At 28 February 2025

121,441

1,509

148,651

25,490

Fixtures,

fittings

Motor

Computer

& equipment

vehicles

equipment

Totals

£

£

£

£

COST

At 1 March 2025

43,592

15,190

-

452,283

Additions

-

-

3,116

48,568

At 28 February 2026

43,592

15,190

3,116

500,851

DEPRECIATION

At 1 March 2025

35,622

14,883

-

146,915

Charge for year

1,196

77

1,039

29,502

At 28 February 2026

36,818

14,960

1,039

176,417

NET BOOK VALUE

At 28 February 2026

6,774

230

2,077

324,434

At 28 February 2025

7,970

307

-

305,368

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

Additions

100,049

Disposals

(99

)

Revaluations

1,675

At 28 February 2026

101,625

NET BOOK VALUE

At 28 February 2026

101,625

Investments are recognised at market value at the balance sheet date. On a historical cost basis the value of the investments would have been £99,950.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

10,674

24,021

Other debtors

6,872

2,515

17,546

26,536

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Taxation and social security

123,161

114,838

Other creditors

46,558

3,963

169,719

118,801

9.

RESERVES

Included in retained earnings is £1,256 which is not distributable.

10.	DIRECTORS' 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

£

£

G D Coulstock

Balance outstanding at start of year

-

11,132

Amounts repaid

-

(11,132

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

11.	RELATED PARTY DISCLOSURES

At the balance sheet date the company had received loans from the directors of £10,319 (2025 - £306) which are included in creditors falling due within one year. This balance is interest free and repayable on demand.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of J.C. Trophies Limited for the year ended 28 February 2026 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of J.C. Trophies Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of J.C. Trophies Limited and state those matters that we have agreed to state to the Board of Directors of J.C. Trophies Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than J.C. Trophies Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that J.C. Trophies Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of J.C. Trophies Limited. You consider that J.C. Trophies Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of J.C. Trophies Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Carter & Coley

Chartered Accountants

3 Durrant Road

Bournemouth

Dorset

BH2 6NE

16 June 2026