Registration number: 10559463

J&A Bacon Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 8

J&A Bacon Limited

(Registration number: 10559463)
Balance Sheet as at 31 March 2026

	Note	31 March 2026 £	31 March 2025 £
Fixed assets
Tangible assets	4	-	223,760
Current assets
Stocks	5	66,000	82,650
Debtors	6	1,705,661	1,787,360
Cash at bank and in hand		157,669	1,034
		1,929,330	1,871,044
Creditors: Amounts falling due within one year	7	(17,796)	(61,797)
Net current assets		1,911,534	1,809,247
Net assets		1,911,534	2,033,007
Capital and reserves
Called up share capital	8	102	102
Retained earnings		1,911,432	2,032,905
Shareholders' funds		1,911,534	2,033,007

For the financial year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

J&A Bacon Limited

(Registration number: 10559463)
Balance Sheet as at 31 March 2026

Approved and authorised by the Board on 23 August 2026 and signed on its behalf by:
 

......................................... Mr J F Bacon Director

......................................... Miss F Bacon Director

......................................... Mrs A E Bacon Director

J&A Bacon Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
10 Broad Street
Abingdon
Oxfordshire
OX14 3LH

These financial statements were authorised for issue by the Board on 23 August 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

J&A Bacon Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Improvements to property	10% on reducing balance
Plant and machinery	25% on reducing balance
Motor vehicles	10% on reducing balance
Computer equipment	25% on reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

J&A Bacon Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2025 - 3).

4	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Improvements to property £	Total £
Cost or valuation
At 1 April 2025	222,343	1,068	2,459	225,870
Disposals	(222,343)	(1,068)	(2,459)	(225,870)
At 31 March 2026	-	-	-	-
Depreciation
At 1 April 2025	-	887	1,223	2,110
Charge for the year	-	181	72	253
Eliminated on disposal	-	(1,068)	(1,295)	(2,363)
At 31 March 2026	-	-	-	-
Carrying amount
At 31 March 2026	-	-	-	-
At 31 March 2025	222,343	181	1,236	223,760

Included within the net book value of land and buildings above is £Nil (2025 - £222,343) in respect of freehold land and buildings.
 

5

Stocks

	31 March 2026 £	31 March 2025 £
Other inventories	66,000	82,650

J&A Bacon Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

6

Debtors

	31 March 2026 £	31 March 2025 £
Other debtors	1,705,661	1,787,360
	1,705,661	1,787,360

J&A Bacon Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

7

Creditors

Creditors: amounts falling due within one year

	31 March 2026 £	31 March 2025 £
Due within one year
Accruals and deferred income	17,796	61,097
Other creditors	-	700
	17,796	61,797

8	Share capital

Allotted, called up and fully paid shares

	31 March 2026		31 March 2025
	No.	£	No.	£
Ordinary of £1 each	100	100	100	100
Ordinary A of £1 each	1	1	1	1
Ordinary B of £1 each	1	1	1	1
	102	102	102	102

9	Related party transactions

Transactions with directors

2026	At 1 April 2025 £	Repayments by director £	At 31 March 2026 £
Loan to directors	1,474,361	(271,060)	1,203,301

2025	At 1 April 2024 £	Advances to director £	Repayments by director £	At 31 March 2025 £
Loan to directors	1,487,803	39,762	(53,204)	1,474,361

J&A Bacon Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Directors' remuneration

The directors' remuneration for the year was as follows:

	Period to 31 March 2026 £	Year to 31 March 2025 £
Remuneration	-	12,060