REGISTERED NUMBER: 00490140 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

J. Seamer and Son Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R J G Latham

Mrs H E Latham

SECRETARY:

Mrs S G Whelan

REGISTERED OFFICE:

47a Queen Street

Derby

Derbyshire

DE1 3DE

REGISTERED NUMBER:

00490140 (England and Wales)

ACCOUNTANTS:

Bourne & Co.

Chartered Accountants

47a Queen Street

Derby

Derbyshire

DE1 3DE

FIXED ASSETS

Tangible assets

4

532,411

542,585

CURRENT ASSETS

Stocks

206,341

166,660

Debtors

633,102

689,953

Cash at bank and in hand

167,685

210,788

1,007,128

1,067,401

CREDITORS

Amounts falling due within one year

994,276

851,486

NET CURRENT ASSETS

12,852

215,915

TOTAL ASSETS LESS CURRENT LIABILITIES

545,263

758,500

CREDITORS

Amounts falling due after more than one year

(221,633

)

(183,804

)

PROVISIONS FOR LIABILITIES

(119,971

)

(119,781

)

NET ASSETS

203,659

454,915

CAPITAL AND RESERVES

Called up share capital

7

4,000

4,000

Capital redemption reserve

4,000

4,000

Retained earnings

195,659

446,915

SHAREHOLDERS' FUNDS

203,659

454,915

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

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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 15 September 2026 and were signed on its behalf by:

R J G Latham - Director

1.	STATUTORY INFORMATION

J. Seamer and Son 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 represents net invoiced sales of goods and services, excluding value added tax.

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

-

10% on cost

Plant and machinery

-

25% on reducing balance

Equipment and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stock and work in progress

Stock and work in progress are valued at the lower of cost and net realisable value.

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.

Pension costs and other post-retirement benefits

The company operates defined contribution pension schemes. The assets of the schemes are held separately from those of the company in independently administered funds. Contributions payable for the year are charged in the profit and loss account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 42 (2024 - 41 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2025

1,292,583

Additions

134,647

At 31 December 2025

1,427,230

DEPRECIATION

At 1 January 2025

749,998

Charge for year

144,821

At 31 December 2025

894,819

NET BOOK VALUE

At 31 December 2025

532,411

At 31 December 2024

542,585

5.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

42,701

17,361

Between one and five years

156,241

78,577

198,942

95,938

Non-cancellable

operating leases

2025

2024

£

£

Within one year

21,528

15,880

Between one and five years

49,639

28,251

71,167

44,131

6.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

198,942

95,938

The hire purchase debt is secured on the asset acquired under the particular agreement.

Included in other loans is a secured loan of £101,060 (2024: £136,728), the charge covers all the property or undertaking of the company.

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

4,000

Ordinary

£1

4,000

4,000

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2025 and 31 December 2024:

2025

2024

£

£

R J G Latham and Mrs H E Latham

Balance outstanding at start of year

101,125

(19,058

)

Amounts advanced

-

120,183

Amounts repaid

(100,000

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

1,125

101,125