REGISTERED NUMBER: 10485194 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2026

for

J. W. Simpkin Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J D Cokayne

R McHugh

S O Moore

REGISTERED OFFICE:

Unit 10

High Holborn Road

Ripley

Derbyshire

DE5 3NW

REGISTERED NUMBER:

10485194 (England and Wales)

ACCOUNTANTS:

Bates Weston LLP

Chartered Accountants

The Mills

Canal Street

Derby

DE1 2RJ

FIXED ASSETS

Intangible assets

4

7,777

18,147

Tangible assets

5

148,839

252,780

156,616

270,927

CURRENT ASSETS

Stocks

98,620

80,154

Debtors

6

670,227

735,974

Cash at bank and in hand

284,604

76,953

1,053,451

893,081

CREDITORS

Amounts falling due within one year

7

797,248

646,180

NET CURRENT ASSETS

256,203

246,901

TOTAL ASSETS LESS CURRENT LIABILITIES

412,819

517,828

CREDITORS

Amounts falling due after more than one year

8

(93,672

)

(172,693

)

PROVISIONS FOR LIABILITIES

(25,000

)

(49,000

)

NET ASSETS

294,147

296,135

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

293,947

295,935

294,147

296,135

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 October 2026 and were signed on its behalf by:

R McHugh - Director

1.	STATUTORY INFORMATION

J. W. Simpkin 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 represents the amounts (excluding value added tax and including, where applicable,

relevant costs and overheads plus attributable profit to date recoverable on contracts) derived from the provision of goods and services to customers during the year.

Goodwill

Goodwill, being amounts paid in connection with the acquisition of a business in a previous period, is being amortised over its estimated useful economic life of 10 years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% 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 Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

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 material timing differences that have originated but not reversed at the balance sheet date.

Hire purchase

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.

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 24 (2025 - 28 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 March 2025

and 28 February 2026

103,694

AMORTISATION

At 1 March 2025

85,547

Amortisation for year

10,370

At 28 February 2026

95,917

NET BOOK VALUE

At 28 February 2026

7,777

At 28 February 2025

18,147

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 March 2025

50,390

18,023

399,016

467,429

Additions

6,179

-

-

6,179

Disposals

(5,341

)

(4,430

)

(41,148

)

(50,919

)

At 28 February 2026

51,228

13,593

357,868

422,689

DEPRECIATION

At 1 March 2025

18,686

14,699

181,264

214,649

Charge for year

7,088

1,797

81,015

89,900

Eliminated on disposal

(4,831

)

(4,431

)

(21,437

)

(30,699

)

At 28 February 2026

20,943

12,065

240,842

273,850

NET BOOK VALUE

At 28 February 2026

30,285

1,528

117,026

148,839

At 28 February 2025

31,704

3,324

217,752

252,780

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

501,214

572,008

Other debtors

113,437

85,302

Directors' loan accounts

-

15,000

Prepayments

55,576

63,664

670,227

735,974

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

4,742

9,769

Hire purchase contracts

50,878

67,878

Trade creditors

452,944

258,247

Amounts owed to group companies

81,500

51,500

Tax

98,947

62,927

Social security and other taxes

24,987

21,598

Other creditors

53,360

85,125

Accrued expenses

29,890

89,136

797,248

646,180

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

3,909

Hire purchase contracts

93,672

168,784

93,672

172,693

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Hire purchase contracts

144,550

236,662

Hire purchase creditors are secured on the related assets.