J.R. Tusting & Company Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 01710495

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		14,236		19,444
Tangible Assets	5		531,670		539,987

			545,906		559,431
CURRENT ASSETS
Stocks	6	623,966		518,742
Debtors	7	147,218		256,589
Cash at bank and in hand		136,326		306,800

		907,510		1,082,131
Creditors: Amounts Falling Due Within One Year	8	(289,918 )		(461,926 )

NET CURRENT ASSETS (LIABILITIES)			617,592		620,205

TOTAL ASSETS LESS CURRENT LIABILITIES			1,163,498		1,179,636

Creditors: Amounts Falling Due After More Than One Year	9		(264,435 )		(260,596 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(64,672 )		(64,672 )

NET ASSETS			834,391		854,368

CAPITAL AND RESERVES
Called up share capital	10		13,752		13,752
Share premium account			1,044,750		896,000
Revaluation reserve	11		404,290		404,290
Profit and Loss Account			(628,401 )		(459,674 )

SHAREHOLDERS' FUNDS			834,391		854,368

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J.R. Tusting & Company Limited

Balance Sheet (continued)

As At 31 December 2025

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Alistair Tusting

Director

24/02/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

J.R. Tusting & Company Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01710495 . The registered office is 29-31 Olney Road, Lavendon, Buckinghamshire, MK46 4EU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are .... It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	No depreciation
Plant & Machinery	20% straight line
Motor Vehicles	33.33% straight line
Fixtures & Fittings	10% straight line
Computer Equipment	33.33% straight line

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 25 (2024: 25)

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J.R. Tusting & Company Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

4. Intangible Assets

	Other
	£
Cost
As at 1 January 2025	21,875
Additions	3,125

As at 31 December 2025	25,000

Amortisation
As at 1 January 2025	2,431
Provided during the period	8,333

As at 31 December 2025	10,764

Net Book Value
As at 31 December 2025	14,236

As at 1 January 2025	19,444

5. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 January 2025	580,000	165,121	145,155	770	891,046
Additions	-	-	-	362	362

As at 31 December 2025	580,000	165,121	145,155	1,132	891,408

Depreciation
As at 1 January 2025	82,808	159,706	108,502	43	351,059
Provided during the period	-	1,940	6,366	373	8,679

As at 31 December 2025	82,808	161,646	114,868	416	359,738

Net Book Value
As at 31 December 2025	497,192	3,475	30,287	716	531,670

As at 1 January 2025	497,192	5,415	36,653	727	539,987

6. Stocks

	2025	2024
	£	£
Stock	565,637	518,742
Work in progress	58,329	-

	623,966	518,742

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J.R. Tusting & Company Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	108,104	251,435
Other debtors	39,114	5,154

	147,218	256,589

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	177,049	229,969
Bank loans and overdrafts	-	11,374
Other creditors	74,150	26,138
Taxation and social security	38,719	194,445

	289,918	461,926

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	264,435	260,596

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	13,752	13,752

11. Reserves

	Share Premium	Revaluation reserve	Profit and Loss Account
	£	£	£
As at 1 January 2025	896,000	404,290	(459,674 )
Loss for the year and total comprehensive income	-	-	(168,727 )

Arising on shares issued during the period	148,750	-	-

As at 31 December 2025	1,044,750	404,290	(628,401 )

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