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REGISTERED NUMBER: 03682402 (England and Wales)















Unaudited Financial Statements

for the Period 1 January 2022 to 30 June 2023

for

Steve Ball Joinery Limited

Steve Ball Joinery Limited (Registered number: 03682402)






Contents of the Financial Statements
for the Period 1 January 2022 to 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Steve Ball Joinery Limited

Company Information
for the Period 1 January 2022 to 30 June 2023







DIRECTOR: S A Ball





SECRETARY: Ms P A Gillett





REGISTERED OFFICE: 154 Scawby Road
Scawby Brook
Brigg
North Lincolnshire
DN20 9LE





REGISTERED NUMBER: 03682402 (England and Wales)






Steve Ball Joinery Limited (Registered number: 03682402)

Balance Sheet
30 June 2023

30.6.23 31.12.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 217,372 234,076
Investment property 5 440,000 440,000
657,372 674,076

CURRENT ASSETS
Stocks 397,667 654,833
Debtors 6 493,179 188,031
Cash at bank 1,899,985 1,200,540
2,790,831 2,043,404
CREDITORS
Amounts falling due within one year 7 451,205 344,076
NET CURRENT ASSETS 2,339,626 1,699,328
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,996,998

2,373,404

PROVISIONS FOR LIABILITIES 34,341 7,836
NET ASSETS 2,962,657 2,365,568

CAPITAL AND RESERVES
Called up share capital 100 100
Share premium 8,586 8,586
Revaluation reserve 21,936 21,936
Retained earnings 2,932,035 2,334,946
SHAREHOLDERS' FUNDS 2,962,657 2,365,568

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Steve Ball Joinery Limited (Registered number: 03682402)

Balance Sheet - continued
30 June 2023


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 director and authorised for issue on 20 October 2023 and were signed by:





S A Ball - Director


Steve Ball Joinery Limited (Registered number: 03682402)

Notes to the Financial Statements
for the Period 1 January 2022 to 30 June 2023

1. STATUTORY INFORMATION

Steve Ball Joinery 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

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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,value added tax and other sales taxes.

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 - 20% on cost
Motor vehicles - 25% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 period 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 period 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.

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.

Steve Ball Joinery Limited (Registered number: 03682402)

Notes to the Financial Statements - continued
for the Period 1 January 2022 to 30 June 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 (2021 - 3 ) .

4. TANGIBLE FIXED ASSETS
Freehold Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST
At 1 January 2022 192,833 30,666 86,641 310,140
Disposals - - (15,644 ) (15,644 )
At 30 June 2023 192,833 30,666 70,997 294,496
DEPRECIATION
At 1 January 2022 - 19,101 56,963 76,064
Charge for period - 2,924 13,779 16,703
Eliminated on disposal - - (15,643 ) (15,643 )
At 30 June 2023 - 22,025 55,099 77,124
NET BOOK VALUE
At 30 June 2023 192,833 8,641 15,898 217,372
At 31 December 2021 192,833 11,565 29,678 234,076

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2022
and 30 June 2023 440,000
NET BOOK VALUE
At 30 June 2023 440,000
At 31 December 2021 440,000

The 2023 valuations were made by the director, on an open market value for existing use basis.

Fair value at 30 June 2023 is represented by:
£   
Valuation in 2008 21,936
Valuation in 2020 90,889
Cost 327,175
440,000

Steve Ball Joinery Limited (Registered number: 03682402)

Notes to the Financial Statements - continued
for the Period 1 January 2022 to 30 June 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 31.12.21
£    £   
Trade debtors 458,168 116,078
Other debtors 35,011 71,953
493,179 188,031

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 31.12.21
£    £   
Trade creditors 57,175 141,028
Taxation and social security 206,974 72,737
Other creditors 187,056 130,311
451,205 344,076

8. ULTIMATE CONTROLLING PARTY

The director is the ultimate controlling party.