ACCOUNTS - Final Accounts preparation

Company registration number: 00334980

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 JANUARY 2026

	J.ROBARTS & SON LIMITED


J.ROBARTS & SON LIMITED

COMPANY INFORMATION

Directors	W J Chamberlin (resigned 22 August 2025)
	A M F Chamberlin
	J E Chamberlin
	V J Millest (appointed 22 August 2025)


Company secretary	J E Chamberlin


Registered number	00334980


Registered office	80 High Street
	Codicote
	Hitchin
	Hertfordshire
	SG4 8XQ


Accountants	Menzies LLP
	Chartered Accountants
	Richmond House
	Walkern Road
	Stevenage
	Hertfordshire
	SG1 3QP


J.ROBARTS & SON LIMITED

CONTENTS

	Page
Statement of Financial Position	1 - 2
Notes to the Financial Statements	3 - 9


J.ROBARTS & SON LIMITED REGISTERED NUMBER:00334980

STATEMENT OF FINANCIAL POSITION

AS AT 31 JANUARY 2026

		2026		2025
Note		£		£

Fixed assets
Tangible assets	5		1,179,166		1,182,138
Investment property	6		426,350		426,350
			1,605,516		1,608,488
Current assets
Stocks		72,414		73,253
Debtors: amounts falling due within one year	7	251,529		171,310
Cash at bank and in hand		425,299		443,734
		749,242		688,297
Creditors: amounts falling due within one year	8	(126,220)		(118,621)
Net current assets			623,022		569,676
Total assets less current liabilities			2,228,538		2,178,164
Provisions for liabilities
Deferred tax		(274,880)		(213,930)
			(274,880)		(213,930)
Net assets			1,953,658		1,964,234

Capital and reserves
Called up share capital	100	100
Revaluation reserve	577,723	623,941
Investment property fair value	195,346	211,192
Profit and loss account	1,180,489	1,129,001
	1,953,658	1,964,234

Page 1


J.ROBARTS & SON LIMITED REGISTERED NUMBER:00334980

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 JANUARY 2026

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

___________________________

J E Chamberlin

Director

Date: 28 October 2026

The notes on pages 3 to 9 form part of these financial statements.

Page 2


J.ROBARTS & SON LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

1.	General information

J.Robarts & 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

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Company has transferred the significant risks and rewards of ownership to the buyer;

∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

Property rental

Rental income is recognised on a straight-line basis over the year in which the rental relates.

2.3

Operating leases: the Company as lessee

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

Page 3


J.ROBARTS & SON LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

2.Accounting policies (continued)

2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

2.5

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

2.6

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4


J.ROBARTS & SON LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

2.Accounting policies (continued)

2.7

Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Freehold property	-
Short-term leasehold property	-
Fixtures and fittings	-	10%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.8

Revaluation of tangible fixed assets

Individual freehold and leasehold properties are carried at current year value at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the reporting date.

Fair values are determined from market based evidence normally undertaken by professionally qualified valuers.

Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.

2.9

Investment property

Investment property is carried at fair value determined annually by the directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

2.10

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is 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.

2.11

Financial instruments

Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument.

Page 5


J.ROBARTS & SON LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

Employees

The average monthly number of employees, including directors, during the year was 16 (2025 - 14).

4.	Intangible assets

		Patents
		£
	Cost
	At 1 February 2025	23,500
	At 31 January 2026	23,500
	Amortisation
	At 1 February 2025	23,500
	At 31 January 2026	23,500
	Net book value
	At 31 January 2026	-
	At 31 January 2025	-

Page 6


J.ROBARTS & SON LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

5.	Tangible fixed assets

	Freehold property	Short-term leasehold property	Fixtures and fittings	Total
	£	£	£	£
Cost or valuation
At 1 February 2025	950,000	160,000	213,978	1,323,978
Additions	-	-	4,388	4,388
At 31 January 2026	950,000	160,000	218,366	1,328,366
Depreciation
At 1 February 2025	-	-	141,840	141,840
Charge for the year on owned assets	-	-	7,360	7,360
At 31 January 2026	-	-	149,200	149,200
Net book value
At 31 January 2026	950,000	160,000	69,166	1,179,166
At 31 January 2025	950,000	160,000	72,138	1,182,138

Cost or valuation at 31 January 2026 is as follows:

			Land and buildings
			£

		At cost	339,703
		At valuation:
		2026	770,297

			1,110,000

If the land and buildings had not been included at valuation they would have been included under the historical cost convention as follows:
	2026	2025
	£	£


Cost	339,703	339,703
Net book value	339,703	339,703

Page 7


J.ROBARTS & SON LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

6.	Investment property

		Freehold investment property
		£
	Valuation
	At 1 February 2025	426,350
	At 31 January 2026	426,350

	Comprising
	Cost	165,889
	Annual revaluation surplus/(deficit):
	2019	260,461
	At 31 January 2026	426,350

The 2026 valuations were made by the directors, on an open market value for existing use basis.

Page 8


J.ROBARTS & SON LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

Debtors

					2026	2025
					£	£


Trade debtors	37,972	50,714
Other debtors	153,350	84,483
Prepayments and accrued income	6,383	8,278
Tax recoverable	53,824	27,835
	251,529	171,310

8.	Creditors: Amounts falling due within one year
		2026	2025
		£	£

Trade creditors	46,179	61,395
Corporation tax	40,558	34,455
Other taxation and social security	21,003	12,148
Other creditors	6,169	6,152
Accruals and deferred income	12,311	4,471
	126,220	118,621

9.	Secured creditors

Security has been provided to the company bankers by way of a fixed and floating charge over all assets of the company.

10.	Director's benefits: advances, credit and guarantees

At the reporting date the directors owed £139,587 (2025: £83,915) to the company. The balance can be found within debtors and no interest is being charged on this.

Page 9