REGISTERED NUMBER: 03867237 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Jenkinson & Co Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs Mandy Jenkinson

Mr Martin Jenkinson

Mr Thomas Edward Jenkinson

Minority Venture Partners 8 Limited

Mrs Helen Elizabeth Jenkinson Wall

Mr Andrew Paul Roden

REGISTERED OFFICE:

New Ebury House

South Grove

Rotherham

South Yorkshire

S60 2AF

REGISTERED NUMBER:

03867237 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

6,586

38,627

6,586

38,627

CURRENT ASSETS

Debtors

6

1,359,374

1,385,991

Cash at bank

7

797,040

631,019

2,156,414

2,017,010

CREDITORS

Amounts falling due within one year

8

1,978,456

1,884,529

NET CURRENT ASSETS

177,958

132,481

TOTAL ASSETS LESS CURRENT LIABILITIES

184,544

171,108

CREDITORS

Amounts falling due after more than one year

9

-

30,780

NET ASSETS

184,544

140,328

CAPITAL AND RESERVES

Called up share capital

150,000

150,000

Retained earnings

34,544

(9,672

)

SHAREHOLDERS' FUNDS

184,544

140,328

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 22 September 2025 and were signed on its behalf by:

Mr Martin Jenkinson - Director

1.	STATUTORY INFORMATION

Jenkinson & Co 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

Goodwill has been fully amortised.

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.

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

-

33% on cost, 25% on reducing balance and 15% on reducing balance

Taxation

Taxation for the year 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 year 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 makes employer pension contributions into personal pensions for employees and complies with auto enrolment legislation.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2024 - 21 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

130,374

AMORTISATION

At 1 April 2024

and 31 March 2025

130,374

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

143,498

Additions

2,269

Disposals

(46,843

)

At 31 March 2025

98,924

DEPRECIATION

At 1 April 2024

104,871

Charge for year

11,803

Eliminated on disposal

(24,336

)

At 31 March 2025

92,338

NET BOOK VALUE

At 31 March 2025

6,586

At 31 March 2024

38,627

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

Plant and

machinery

etc

£

COST

At 1 April 2024

46,843

Disposals

(46,843

)

At 31 March 2025

-

DEPRECIATION

At 1 April 2024

16,834

Charge for year

7,502

Eliminated on disposal

(24,336

)

At 31 March 2025

-

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

30,009

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

215,018

165,753

Insurance debtors

1,085,094

1,202,009

Other debtors

2,379

2,332

Prepayments

13,603

14,814

Amounts owed by group undertakings

41,985

-

Deferred tax asset

1,295

1,083

1,359,374

1,385,991

7.	CASH AT BANK

2025

2024

£

£

Bank office account

100,273

56,166

Amounts held on behalf

of third parties

638,547

552,439

Bank savings account

58,220

22,414

797,040

631,019

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

-

5,941

Trade creditors

25,124

8,088

Client monies and insurance

creditors

1,511,197

1,593,152

Other creditors

220,636

165,824

Accrued expenses

35,171

39,078

Tax

163,979

49,973

Social security and other taxes

22,349

22,473

1,978,456

1,884,529

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

-

30,780

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

-

36,721

11.	OTHER FINANCIAL COMMITMENTS

At 31st March 2025, the company had total commitments under non-cancellable operating leases over the remaining life of those assets of £128,768, (2024: £95,271).

12.	RELATED PARTY DISCLOSURES

Penk Insurance Services Limited

A company owned 50.125% by Jenkinson & Co (Holdings) Limited.

Monies were loaned on an interest free basis.

The balance owed from this company and including in current assets at 31st March 2025: £41,985, (2024: £Nil).

13.	ULTIMATE CONTROLLING PARTY

The controlling party is Jenkinson & Co (Holdings) Limited (Parent company).

The ultimate controlling party is Mr Martin Jenkinson.