REGISTERED NUMBER: 00613512 (England and Wales)

Unaudited Financial Statements

for the Period 26th March 2025 to 31st March 2026

for

J. J. Steeples and Sons Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J S Steeples

Mrs H L Steeples

SECRETARY:

Mrs H L Steeples

REGISTERED OFFICE:

17 Farrington Way

Eastwood

Nottinghamshire

NG16 3BF

REGISTERED NUMBER:

00613512 (England and Wales)

FIXED ASSETS

Tangible assets

4

303,508

339,189

CURRENT ASSETS

Stocks

5

635

308

Debtors

6

48,503

19,880

Cash at bank

15,685

102,890

64,823

123,078

CREDITORS

Amounts falling due within one year

7

48,825

70,657

NET CURRENT ASSETS

15,998

52,421

TOTAL ASSETS LESS CURRENT LIABILITIES

319,506

391,610

CREDITORS

Amounts falling due after more than one year

8

(26,414

)

(73,897

)

PROVISIONS FOR LIABILITIES

10

(42,805

)

(49,156

)

NET ASSETS

250,287

268,557

CAPITAL AND RESERVES

Called up share capital

11

13

13

Retained earnings

250,274

268,544

SHAREHOLDERS' FUNDS

250,287

268,557

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st March 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st March 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6th August 2026 and were signed on its behalf by:

Mr J S Steeples - Director

1.	STATUTORY INFORMATION

J. J. Steeples and Sons 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.

Tangible fixed assets

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

Farm Buildings

-

2% on cost

Farm equipment

-

15% on reducing balance

Computer equipment

-

33% 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.

Taxation

Taxation for the period 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Farm

Farm

Computer

Buildings

equipment

equipment

Totals

£

£

£

£

COST

At 26th March 2025

134,306

546,444

3,180

683,930

Additions

-

6,262

524

6,786

Disposals

-

(495

)

(605

)

(1,100

)

At 31st March 2026

134,306

552,211

3,099

689,616

DEPRECIATION

At 26th March 2025

53,831

288,366

2,544

344,741

Charge for period

2,255

39,650

491

42,396

Eliminated on disposal

-

(424

)

(605

)

(1,029

)

At 31st March 2026

56,086

327,592

2,430

386,108

NET BOOK VALUE

At 31st March 2026

78,220

224,619

669

303,508

At 25th March 2025

80,475

258,078

636

339,189

5.

STOCKS

2026

2025

£

£

Produce & stores

635

308

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

13,953

14,249

Other debtors

34,550

5,631

48,503

19,880

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts (see note 9)

5,834

10,000

Hire purchase contracts

18,995

25,595

Trade creditors

5,202

5,349

Taxation and social security

16,041

17,277

Other creditors

2,753

12,436

48,825

70,657

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans (see note 9)

-

6,667

Hire purchase contracts

26,414

45,410

Other creditors

-

21,820

26,414

73,897

9.

LOANS

An analysis of the maturity of loans is given below:

2026

2025

£

£

Amounts falling due within one year or on demand:

Bank loans

5,834

10,000

Amounts falling due between two and five years:

Bank loans - 2-5 years

-

6,667

Directors' loan accounts

-

21,820

-

28,487

10.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

42,805

49,156

Deferred

tax

£

Balance at 26th March 2025

49,156

Provided during period

(6,351

)

Balance at 31st March 2026

42,805

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

10

Ordinary

£1

10

10

1

Non-voting 'B'

£1

1

1

1

Non-voting 'C'

£1

1

1

1

Non-voting 'D' shares

£1

1

1

13

13