REGISTERED NUMBER: 04654628 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Jaffe Et Fils Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Dr B Jaffe

Dr F W Jaffe

Mrs G E Jaffe

SECRETARY:

Dr B Jaffe

REGISTERED OFFICE:

The Old Brush Works

Castle Hill

Axminster

Devon

EX13 5PY

REGISTERED NUMBER:

04654628 (England and Wales)

FIXED ASSETS

Intangible assets

4

15,278

7,333

Tangible assets

5

213,741

227,790

229,019

235,123

CURRENT ASSETS

Stocks

290,000

311,000

Debtors

6

12,851

9,884

Cash at bank and in hand

359,832

379,960

662,683

700,844

CREDITORS

Amounts falling due within one year

7

54,648

59,631

NET CURRENT ASSETS

608,035

641,213

TOTAL ASSETS LESS CURRENT LIABILITIES

837,054

876,336

PROVISIONS FOR LIABILITIES

7,631

10,102

NET ASSETS

829,423

866,234

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

829,323

866,134

829,423

866,234

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 November 2026 and were signed on its behalf by:

Dr F W Jaffe - Director

Dr B Jaffe - Director

1.	STATUTORY INFORMATION

Jaffe Et Fils 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.

Goodwill

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Goodwill - 5 years

Goodwill was amortised in full in 2008.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

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

Long leasehold

-

2% on straight line basis

Plant and machinery

-

33% on straight line basis and 15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 9 (2025 - 11 ) .

4.	INTANGIBLE FIXED ASSETS

Computer

Goodwill

software

Totals

£

£

£

COST

At 1 April 2025

270,000

7,333

277,333

Additions

-

14,667

14,667

At 31 March 2026

270,000

22,000

292,000

AMORTISATION

At 1 April 2025

270,000

-

270,000

Amortisation for year

-

6,722

6,722

At 31 March 2026

270,000

6,722

276,722

NET BOOK VALUE

At 31 March 2026

-

15,278

15,278

At 31 March 2025

-

7,333

7,333

5.	TANGIBLE FIXED ASSETS

Long

Plant and

leasehold

machinery

Totals

£

£

£

COST

At 1 April 2025

208,202

154,420

362,622

Additions

-

1,109

1,109

Disposals

-

(24,184

)

(24,184

)

At 31 March 2026

208,202

131,345

339,547

DEPRECIATION

At 1 April 2025

20,820

114,012

134,832

Charge for year

4,164

9,836

14,000

Eliminated on disposal

-

(23,026

)

(23,026

)

At 31 March 2026

24,984

100,822

125,806

NET BOOK VALUE

At 31 March 2026

183,218

30,523

213,741

At 31 March 2025

187,382

40,408

227,790

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Sales ledger control account

7,186

5,205

Other debtors

1,844

-

Prepayments and accrued income

3,821

4,679

12,851

9,884

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade Creditors

2,406

3,632

Tax

23,716

22,336

Social security and other taxes

2,438

1,766

Wages payable

-

5,878

VAT

21,447

20,823

Other creditors

1,441

1,024

Pension payable

-

202

Accruals and deferred income

3,200

3,970

54,648

59,631