S.J. Webb & Co. Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 1478246

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		13,985		18,545

			13,985		18,545
CURRENT ASSETS
Stocks	5	259,698		70,000
Debtors	6	90,061		239,409
Cash at bank and in hand		20,912		1,687

		370,671		311,096
Creditors: Amounts Falling Due Within One Year	7	(842,775 )		(536,788 )

NET CURRENT ASSETS (LIABILITIES)			(472,104 )		(225,692 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(458,119 )		(207,147 )

Creditors: Amounts Falling Due After More Than One Year	8		(31,238 )		(39,074 )

NET LIABILITIES			(489,357 )		(246,221 )

CAPITAL AND RESERVES
Called up share capital	11		100		100
Profit and Loss Account			(489,457 )		(246,321 )

SHAREHOLDERS' FUNDS			(489,357)		(246,221)

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S.J. Webb & Co. Limited

Balance Sheet (continued)

As At 28 February 2025

For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Stephen J. Webb

Director

25th November 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

S.J. Webb & Co. Limited is a private company, limited by shares, incorporated in England & Wales, registered number 1478246 . The registered office is 203 London Road, Hadleigh, Benfleet , Essex, SS7 2RD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

Although there is material uncertainty which may cast doubt on the company’s ability to continue as a going concern, the financial statements have been prepared on a going concern basis. The company has net liabilities as at the year-end date but the directors have confirmed their intention to provide such financial support as is necessary to enable the company to continue in operational existence for a period of at least twelve months from the date of approval of the financial statements.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover is only recognised on a project when the outcome of a contract can be estimated reliably; until that point the costs of each project are carried forward in Work in Progress. Once the outcome can be estimated reliably, turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	15% reducing balance
Motor Vehicles	25% reducing balance
Fixtures & Fittings	15% reducing balance

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.6. Stocks and Work in Progress

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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording all related costs as contract activity progresses, turnover is matched to that once the outcome of a project can be estimated reliably.

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S.J. Webb & Co. Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2024: 4)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 March 2024	16,612	41,693	1,083	59,388

As at 28 February 2025	16,612	41,693	1,083	59,388

Depreciation
As at 1 March 2024	15,900	23,911	1,032	40,843
Provided during the period	107	4,446	7	4,560

As at 28 February 2025	16,007	28,357	1,039	45,403

Net Book Value
As at 28 February 2025	605	13,336	44	13,985

As at 1 March 2024	712	17,782	51	18,545

5. Stocks

	2025	2024
	£	£
Stock	259,698	70,000

6. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	2,767	1,165
Other debtors	72,774	238,104
VAT	14,520	140

	90,061	239,409

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	2,500	5,609
Trade creditors	33,003	-
Bank loans and overdrafts	6,933	7,826
Other taxes and social security	5,084	-
Net wages	2,654	-
Other creditors	198,437	-
Accruals and deferred income	4,864	-
Directors' loan accounts	589,300	523,353

	842,775	536,788

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S.J. Webb & Co. Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	-	1,984
Bank loans	31,238	37,090

	31,238	39,074

9. Secured Creditors

Of the creditors the following amounts are secured.The hire purchase creditor being secured on the relevant asset and the loan by way of Government guarantee.

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	2,500	7,593
Bank loans and overdrafts	38,171	44,916

10. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	2,500	5,609
Later than one year and not later than five years	-	1,984

	2,500	7,593

	2,500	7,593

11. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

12. Related Party Transactions

Premier Properties Ltd, Premier Leisure Ltd and Webb Construction Ltd are companies under common control. The accounts contain the following on these companies:

Premier Properties Ltd - included in other creditors is a loan which is interest free and has no fixed date for repayment totalling £198,436.

Premier Leisure Ltd - included in other debtors is a loan to provide finance for a buliding project which is interest free and has no fixed date for repayment totalling £59,072.

Webb Construction Ltd - during the year an employee was seconded to Webb Construction Ltd. Included in other debtors is £9,262 being the reimbursement due for the relevant payroll costs.

13. Exceptional Items

C & W Ltd was a company under common control to which money was provided to fund a buliding project. Due to a fraud perpretated on the company and adverse operating conditions, the project could not be completed and the company was wound up. The balance of the loan, £138,220, is now irrecoverable and has been written off as a bad debt.

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