REGISTERED NUMBER: 08573135 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

John Holland Sales Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M J Holland

T R Entwistle

SECRETARY:

T R Entwistle

REGISTERED OFFICE:

Unit 2

Meadowhall Riverside

Meadowhall Road

Sheffield

South Yorkshire

S9 1BW

REGISTERED NUMBER:

08573135 (England and Wales)

ACCOUNTANTS:

SMH Haywood & Co Limited

24-26 Mansfield Road

Rotherham

South Yorkshire

S60 2DT

FIXED ASSETS

Intangible assets

4

398,160

530,880

Tangible assets

5

260,923

106,745

Investments

6

25,000

20,000

684,083

657,625

CURRENT ASSETS

Stocks

3,197,088

4,510,757

Debtors

7

447,293

1,089,038

Cash at bank and in hand

37,493

3,253

3,681,874

5,603,048

CREDITORS

Amounts falling due within one year

8

(1,811,175

)

(3,697,286

)

NET CURRENT ASSETS

1,870,699

1,905,762

TOTAL ASSETS LESS CURRENT LIABILITIES

2,554,782

2,563,387

CREDITORS

Amounts falling due after more than one year

9

-

(7,908

)

PROVISIONS FOR LIABILITIES

(7,732

)

(11,302

)

NET ASSETS

2,547,050

2,544,177

CAPITAL AND RESERVES

Called up share capital

12

250

250

Capital redemption reserve

2,400,000

2,400,000

Retained earnings

146,800

143,927

SHAREHOLDERS' FUNDS

2,547,050

2,544,177

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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:

T R Entwistle - Director

1.	STATUTORY INFORMATION

John Holland Sales 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life, estimated at ten years from 1st September 2018.

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.

Improvements to property

-

in accordance with the property

Plant and machinery

-

10% on cost

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% 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 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.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2024 - 22 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2024

and 31 August 2025

2,212,000

AMORTISATION

At 1 September 2024

1,681,120

Charge for year

132,720

At 31 August 2025

1,813,840

NET BOOK VALUE

At 31 August 2025

398,160

At 31 August 2024

530,880

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 September 2024

139,482

135,280

148,980

Additions

178,616

3,643

1,611

At 31 August 2025

318,098

138,923

150,591

DEPRECIATION

At 1 September 2024

134,449

105,869

113,938

Charge for year

5,721

11,908

7,365

Impairments

-

-

-

At 31 August 2025

140,170

117,777

121,303

NET BOOK VALUE

At 31 August 2025

177,928

21,146

29,288

At 31 August 2024

5,033

29,411

35,042

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 September 2024

83,059

23,196

529,997

Additions

-

5,241

189,111

At 31 August 2025

83,059

28,437

719,108

DEPRECIATION

At 1 September 2024

56,191

12,805

423,252

Charge for year

1,849

4,075

30,918

Impairments

4,015

-

4,015

At 31 August 2025

62,055

16,880

458,185

NET BOOK VALUE

At 31 August 2025

21,004

11,557

260,923

At 31 August 2024

26,868

10,391

106,745

6.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

2025

2024

£

£

Investment Cost/valuation b/fwd

20,000

11,880

Investment revaluation

5,000

8,120

25,000

20,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

83,532

457,091

Other debtors

363,761

631,947

447,293

1,089,038

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

7,908

1,013,326

Trade creditors

208,334

275,197

Taxation and social security

254,147

226,435

Other creditors

1,340,786

2,182,328

1,811,175

3,697,286

Included within other creditors are stocking loans totalling £1,256,928 (2024 - £2,096,232).

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

7,908

10.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

115,792

7,714

Between one and five years

453,617

18,278

In more than five years

1,169,087

-

1,738,496

25,992

11.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank overdraft

-

1,003,016

Other loans

1,256,928

2,096,232

1,256,928

3,099,248

The bank overdraft facility is secured by way of a fixed and floating charge over all assets of the company.

The stocking loan facility in other loans is secured against the company's stock balance.

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

250

Ordinary shares

1

250

250

NIL

Redeemable

1

-

-

250

250

13.	RELATED PARTY DISCLOSURES

Included within other debtors is £nil (2024- £102,309) owed by Landtask UK LLP of which M.J. Holland is a designated member.

Included within other debtors is £nil (2024- £32,500) owed by Murray Road Partners Limited. M.J. Holland is a director and shareholder of this company.

The company rented its trading property from M J Holland during the year and paid rent of £112,265 (2024- £112,265).

At the year end the company was owed £286,509 (2024- £336,236) from M.J. Holland, a director of the company. Interest was paid on the loan at the official rate. During the year M.J. Holland advanced £1,205,859 from the company and repaid £1,255,586 to the company.

At the year end the company owed £194 (2024- company was owed £97,468 to) from T. Entwistle, a director of the company. Interest was paid on the loan at the official rate. During the year T. Entwistle advanced £38,838 from the company and repaid £136,500 to the company.