REGISTERED NUMBER: 04933699 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 November 2025

for

G S Jones & Sons Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

G S Jones

J G Jones

Mrs K M Jones

S M Jones

S R Jones

SECRETARY:

S M Jones

REGISTERED OFFICE:

Dell House

High Street

Washingborough

Lincoln

LN4 1BG

REGISTERED NUMBER:

04933699 (England and Wales)

ACCOUNTANTS:

Wright Vigar Limited

Chartered Accountants & Business Advisers

15 Newland

Lincoln

Lincolnshire

LN1 1XG

FIXED ASSETS

Tangible assets

4

151,912

110,817

CURRENT ASSETS

Stocks

209,620

15,000

Debtors

5

130,349

154,235

Cash at bank

27,077

38,877

367,046

208,112

CREDITORS

Amounts falling due within one year

6

265,366

228,626

NET CURRENT ASSETS/(LIABILITIES)

101,680

(20,514

)

TOTAL ASSETS LESS CURRENT LIABILITIES

253,592

90,303

CREDITORS

Amounts falling due after more than one year

7

(120,949

)

(64,393

)

PROVISIONS FOR LIABILITIES

(25,524

)

(3,223

)

NET ASSETS

107,119

22,687

CAPITAL AND RESERVES

Called up share capital

8

10,000

10,000

Retained earnings

97,119

12,687

107,119

22,687

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 27 August 2026 and were signed on its behalf by:

S M Jones - Director

1.	STATUTORY INFORMATION

G S Jones & 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Plant and machinery

-

33% on reducing balance and 15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Stocks

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 items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 December 2024

107,466

166,941

484

274,891

Additions

-

118,528

-

118,528

Disposals

-

(104,961

)

-

(104,961

)

At 30 November 2025

107,466

180,508

484

288,458

DEPRECIATION

At 1 December 2024

70,072

93,562

440

164,074

Charge for year

6,760

47,950

15

54,725

Eliminated on disposal

-

(82,253

)

-

(82,253

)

At 30 November 2025

76,832

59,259

455

136,546

NET BOOK VALUE

At 30 November 2025

30,634

121,249

29

151,912

At 30 November 2024

37,394

73,379

44

110,817

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

122,308

146,242

Amounts owed by group undertakings

456

206

Other debtors

7,585

7,787

130,349

154,235

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

26,357

20,289

Trade creditors

56,180

63,855

Taxation and social security

9,869

33,038

Other creditors

172,960

111,444

265,366

228,626

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

120,949

64,393

8.	CALLED UP SHARE CAPITAL

Allotted, Issued and Fully Paid

Number:

Class:

Nominal Value:

2025(£)

2024(£)

2,000

Ordinary A Voting

1

2,000

2,000

2,000

Ordinary B Voting

1

2,000

2,000

2,000

Ordinary C Voting

1

2,000

2,000

2,000

Ordinary D Voting

1

2,000

2,000

2,000

Ordinary E Voting

1

2,000

2,000

10,000

10,000