REGISTERED NUMBER: 10362989 (England and Wales)

Unaudited Financial Statements

for the period

1st October 2024 to 29th September 2025

for

J and G Squires Contractors Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J Squires

Mr G H Squires

REGISTERED OFFICE:

Chapel Lane Farmhouse

Chapel Lane

Hoghton

Preston

Lancashire

PR5 0RY

REGISTERED NUMBER:

10362989 (England and Wales)

ACCOUNTANTS:

Robin Oatridge & Co Limited

Chartered Certified Accountants

Black Bull House

353-355 Station Road

Bamber Bridge

Preston

Lancashire

PR5 6EE

FIXED ASSETS

Tangible assets

4

97,670

89,577

CURRENT ASSETS

Stocks

13,760

17,210

Debtors

5

13,931

6,785

Cash at bank

18

10,174

27,709

34,169

CREDITORS

Amounts falling due within one year

6

18,177

21,778

NET CURRENT ASSETS

9,532

12,391

TOTAL ASSETS LESS CURRENT LIABILITIES

107,202

101,968

CREDITORS

Amounts falling due after more than one year

7

(63,833

)

(39,500

)

PROVISIONS FOR LIABILITIES

(11,116

)

(14,575

)

NET ASSETS

32,253

47,893

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

32,153

47,793

SHAREHOLDERS' FUNDS

32,253

47,893

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29th September 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 29th September 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 25th September 2026 and were signed on its behalf by:

Mr J Squires - Director

1.	STATUTORY INFORMATION

J and G Squires Contractors 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on reducing balance, 20% on reducing balance and 15% 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.

Taxation

Taxation for the period 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 period 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 period was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st October 2024

184,214

Additions

33,050

Disposals

(10,450

)

At 29th September 2025

206,814

DEPRECIATION

At 1st October 2024

94,637

Charge for period

23,911

Eliminated on disposal

(9,404

)

At 29th September 2025

109,144

NET BOOK VALUE

At 29th September 2025

97,670

At 30th September 2024

89,577

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1st October 2024

30,466

Additions

30,750

Transfer to ownership

(30,466

)

At 29th September 2025

30,750

DEPRECIATION

At 1st October 2024

21,228

Charge for period

6,410

Transfer to ownership

(23,537

)

At 29th September 2025

4,101

NET BOOK VALUE

At 29th September 2025

26,649

At 30th September 2024

9,238

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

7,146

-

Other debtors

6,785

6,785

13,931

6,785

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

4,500

6,000

Hire purchase contracts

4,150

4,078

Taxation and social security

2,832

5,656

Other creditors

6,695

6,044

18,177

21,778

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

4,500

Hire purchase contracts

13,833

-

Other creditors

50,000

35,000

63,833

39,500

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

17,983

4,078

No security has been provided over the bank loan.

9.	ULTIMATE CONTROLLING PARTY

The company is controlled by the directors.