Wesley Jardine & Co Limited - Filleted accounts

Registered number

NI053710

Wesley Jardine & Co Limited

Filleted Accounts

Year Ended

31 March 2026

Wesley Jardine & Co Limited
Registered number:		NI053710
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		1,531,525			1,426,938

Current assets
Stocks and work in progress		351,658			318,905
Debtors	4	1,780,856			2,004,923
Cash at bank and in hand		195,715			139,122
		2,328,229			2,462,950

Creditors: amounts falling due within one year	5	(645,654)			(786,915)

Net current assets			1,682,575			1,676,035

Total assets less current liabilities			3,214,100			3,102,973

Creditors: amounts falling due after more than one year	6		(304,813)			(489,294)



Net assets			2,909,287			2,613,679

Capital and reserves
Called up share capital			2			2
Profit and loss account			2,909,285			2,613,677

Shareholders' funds			2,909,287			2,613,679

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr Wesley Jardine
Director
Approved by the board on 20 August 2026

Wesley Jardine & Co Limited
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	10% straight line
	Motor vehicles	25% straight line

	Stocks and work in progress
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. Work in progress is valued at net saleable value.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			18		12


3	Tangible fixed assets
		Plant and machinery		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2025	2,431,065		226,482		2,657,547
	Additions	459,781		37,900		497,681
	Disposals	(178,500)		-		(178,500)
	At 31 March 2026	2,712,346		264,382		2,976,728

	Depreciation
	At 1 April 2025	1,103,995		126,614		1,230,609
	Charge for the year	218,083		43,761		261,844
	On disposals	(47,250)		-		(47,250)
	At 31 March 2026	1,274,828		170,375		1,445,203

	Net book value
	At 31 March 2026	1,437,518		94,007		1,531,525
	At 31 March 2025	1,327,070		99,868		1,426,938


4	Debtors			2026		2025
£					£

	Trade debtors			368,655		887,425
	Amounts owed by group undertakings and undertakings in which the company has a participating interest			1,279,291		1,071,211
	Other debtors			132,910		46,287
				1,780,856		2,004,923


5	Creditors: amounts falling due within one year			2026		2025
£					£

	Obligations under finance lease and hire purchase contracts			234,651		212,620
	Trade creditors			231,795		418,156
	Corporation tax			131,076		110,981
	Other taxes and social security costs			38,866		22,643
	Other creditors			9,266		22,515
				645,654		786,915


6	Creditors: amounts falling due after one year			2026		2025
£					£

	Obligations under finance lease and hire purchase contracts			304,813		489,294


7	Events after the reporting date

	There have been no events since the balance sheet date which would require the financial statements to be restated.


8	Contingent liabilities

	As far as the director is aware there are no contingent liabilities at 31st March 2026 not provided for in the accounts.



9	Related party transactions
	There have been no transactions outside the normal course of business.


10	Controlling party

	The ultimate controlling party is Mr Wesley Jardine, director.


11	Other information

	Wesley Jardine & Co Limited is a private company limited by shares and incorporated in Northern Ireland. Its registered office is:
	10c Marcus Square
	Newry
	Co. Down
	BT34 1AE