J & C HOWARTH (WHOLESALE) LIMITED

Registered number

01930783

Filleted Accounts

30 September 2025

J & C HOWARTH (WHOLESALE) LIMITED
Registered number:		01930783
Balance Sheet
as at 30 September 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		501,058			471,340

Current assets
Stocks		120,103			140,000
Debtors	4	169,041			97,590
Cash at bank and in hand		17,862			62,347
		307,006			299,937

Creditors: amounts falling due within one year	5	(510,607)			(444,558)

Net current liabilities			(203,601)			(144,621)

Total assets less current liabilities			297,457			326,719

Creditors: amounts falling due after more than one year	6		(24,594)			(16,540)

Provisions for liabilities			(33,200)			(36,400)


Net assets			239,663			273,779

Capital and reserves
Called up share capital			100			100
Revaluation reserve	8		50,837			50,837
Profit and loss account			188,726			222,842

Shareholders' funds			239,663			273,779

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.



J C Howarth
Director
Approved by the board on 22 September 2026

J & C HOWARTH (WHOLESALE) LIMITED
Notes to the Accounts
for the year ended 30 September 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of VAT and trade discounts. When the outcome of a transaction can be estimated reliably, turnover is recognised by reference to the stage of completion at the balance sheet date. Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses that are recoverable.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Solar panels			5% straight line
	Fixtures, fittings and equipment			10% on reducing balance
	Motor vehicles			25% on reducing balance

	Investment Properties
	Investment properties for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value recognised in profit or loss.

	Stocks
	Stock is valued by the director at cost or estimated realisable value if lower. Cost is calculated using the first in, first out (FIFO) basis.

	Debtors and creditors receivable/payable within one year
	Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price.

	Taxation
	Current tax represents the amount of tax payable or receivable in respect of the taxable profit or loss for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements.

	Leasing
	Rentals payable under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

	Employee benefits
	When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service. The company operates a defined contribution plan for the benefit of its employees. Contributions are expensed as they become payable.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					17		17


3	Tangible fixed assets
		Investment Properties		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 October 2024	310,000		366,899		219,299		896,198
	Additions	-		1,740		82,555		84,295
	Disposals	-		(999)		(33,819)		(34,818)
	At 30 September 2025	310,000		367,640		268,035		945,675

	Depreciation
	At 1 October 2024	-		283,980		140,878		424,858
	Charge for the year	-		8,289		24,773		33,062
	On disposals	-		(92)		(13,211)		(13,303)
	At 30 September 2025	-		292,177		152,440		444,617

	Net book value
	At 30 September 2025	310,000		75,463		115,595		501,058
	At 30 September 2024	310,000		82,919		78,421		471,340

	The investment properties were valued by the director of the company. The historic cost of the properties is £253,463 (2024 - £253,463).


4	Debtors					2025		2024
£							£

	Trade debtors					163,003		94,532
	Other debtors					6,038		3,058
						169,041		97,590


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Obligations under finance lease and hire purchase contracts					26,737		24,143
	Trade creditors					306,623		284,966
	Taxation and social security costs					18,714		17,284
	Director's loan account					43,341		23,540
	Participators' loan accounts					34,835		10,584
	Other creditors					80,357		84,041
						510,607		444,558


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Obligations under finance lease and hire purchase contracts					24,594		16,540


7	Loans					2025		2024
£							£
	Creditors include:

	Secured Obligations under finance lease and hire purchase contracts					51,331		40,683

	The obligations under hire purchase contracts are secured on the assets to which the loan relates.


8	Revaluation reserve					2025		2024
£							£

	At 1 October 2024					50,837		21,699
	Gain on revaluation of land and buildings					-		34,838
	Deferred taxation arising on the revaluation of land and buildings					-		(5,700)

	At 30 September 2025					50,837		50,837


9	Other financial commitments					2025		2024
£							£

	Total future minimum payments under non-cancellable operating leases					22,567		38,214


10	Related party transactions

	The following transactions occurred with an owner of a participating interest in the company: Advances during the year £nil (2024 - £6,903) Repayment of advances during the year £nil (2024 - £29,972) The loan was unsecured, interest free and repayable on demand.


11	Other information

	J & C HOWARTH (WHOLESALE) LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	Claylands Avenue
	Dukeries Industrial Estate
	Worksop
	Nottinghamshire
	S81 7DL