2022-12-072023-12-312023-12-31false14528528SABIN CARPENTRY LTD2024-03-19iso4217:GBPxbrli:pure145285282022-12-07145285282023-12-31145285282022-12-072023-12-31145285282022-12-06145285282022-12-06145285282022-12-062022-12-0614528528bus:SmallEntities2022-12-072023-12-3114528528bus:AuditExempt-NoAccountantsReport2022-12-072023-12-3114528528bus:FullAccounts2022-12-072023-12-3114528528bus:PrivateLimitedCompanyLtd2022-12-072023-12-3114528528core:WithinOneYear2023-12-3114528528core:AfterOneYear2023-12-3114528528core:WithinOneYear2022-12-0614528528core:AfterOneYear2022-12-0614528528core:ShareCapital2023-12-3114528528core:SharePremium2023-12-3114528528core:RevaluationReserve2023-12-3114528528core:OtherReservesSubtotal2023-12-3114528528core:RetainedEarningsAccumulatedLosses2023-12-3114528528core:ShareCapital2022-12-0614528528core:SharePremium2022-12-0614528528core:RevaluationReserve2022-12-0614528528core:OtherReservesSubtotal2022-12-0614528528core:RetainedEarningsAccumulatedLosses2022-12-0614528528core:LandBuildings2023-12-3114528528core:PlantMachinery2023-12-3114528528core:Vehicles2023-12-3114528528core:FurnitureFittings2023-12-3114528528core:OfficeEquipment2023-12-3114528528core:NetGoodwill2023-12-3114528528core:IntangibleAssetsOtherThanGoodwill2023-12-3114528528core:ListedExchangeTraded2023-12-3114528528core:UnlistedNon-exchangeTraded2023-12-3114528528core:LandBuildings2022-12-0614528528core:PlantMachinery2022-12-0614528528core:Vehicles2022-12-0614528528core:FurnitureFittings2022-12-0614528528core:OfficeEquipment2022-12-0614528528core:NetGoodwill2022-12-0614528528core:IntangibleAssetsOtherThanGoodwill2022-12-0614528528core:ListedExchangeTraded2022-12-0614528528core:UnlistedNon-exchangeTraded2022-12-0614528528core:LandBuildings2022-12-072023-12-3114528528core:PlantMachinery2022-12-072023-12-3114528528core:Vehicles2022-12-072023-12-3114528528core:FurnitureFittings2022-12-072023-12-3114528528core:OfficeEquipment2022-12-072023-12-3114528528core:NetGoodwill2022-12-072023-12-3114528528core:IntangibleAssetsOtherThanGoodwill2022-12-072023-12-3114528528core:ListedExchangeTraded2022-12-072023-12-3114528528core:UnlistedNon-exchangeTraded2022-12-072023-12-3114528528core:MoreThanFiveYears2022-12-072023-12-3114528528core:Non-currentFinancialInstruments2023-12-3114528528core:Non-currentFinancialInstruments2022-12-0614528528dpl:CostSales2022-12-072023-12-3114528528dpl:DistributionCosts2022-12-072023-12-3114528528core:LandBuildings2022-12-072023-12-3114528528core:PlantMachinery2022-12-072023-12-3114528528core:Vehicles2022-12-072023-12-3114528528core:FurnitureFittings2022-12-072023-12-3114528528core:OfficeEquipment2022-12-072023-12-3114528528dpl:AdministrativeExpenses2022-12-072023-12-3114528528core:NetGoodwill2022-12-072023-12-3114528528core:IntangibleAssetsOtherThanGoodwill2022-12-072023-12-3114528528dpl:GroupUndertakings2022-12-072023-12-3114528528dpl:ParticipatingInterests2022-12-072023-12-3114528528dpl:GroupUndertakingscore:ListedExchangeTraded2022-12-072023-12-3114528528core:ListedExchangeTraded2022-12-072023-12-3114528528dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-12-072023-12-3114528528core:UnlistedNon-exchangeTraded2022-12-072023-12-3114528528dpl:CostSales2022-12-062022-12-0614528528dpl:DistributionCosts2022-12-062022-12-0614528528core:LandBuildings2022-12-062022-12-0614528528core:PlantMachinery2022-12-062022-12-0614528528core:Vehicles2022-12-062022-12-0614528528core:FurnitureFittings2022-12-062022-12-0614528528core:OfficeEquipment2022-12-062022-12-0614528528dpl:AdministrativeExpenses2022-12-062022-12-0614528528core:NetGoodwill2022-12-062022-12-0614528528core:IntangibleAssetsOtherThanGoodwill2022-12-062022-12-0614528528dpl:GroupUndertakings2022-12-062022-12-0614528528dpl:ParticipatingInterests2022-12-062022-12-0614528528dpl:GroupUndertakingscore:ListedExchangeTraded2022-12-062022-12-0614528528core:ListedExchangeTraded2022-12-062022-12-0614528528dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-12-062022-12-0614528528core:UnlistedNon-exchangeTraded2022-12-062022-12-0614528528core:NetGoodwill2023-12-3114528528core:IntangibleAssetsOtherThanGoodwill2023-12-3114528528core:LandBuildings2023-12-3114528528core:PlantMachinery2023-12-3114528528core:Vehicles2023-12-3114528528core:FurnitureFittings2023-12-3114528528core:OfficeEquipment2023-12-3114528528core:AfterOneYear2023-12-3114528528core:WithinOneYear2023-12-3114528528core:ListedExchangeTraded2023-12-3114528528core:UnlistedNon-exchangeTraded2023-12-3114528528core:ShareCapital2023-12-3114528528core:SharePremium2023-12-3114528528core:RevaluationReserve2023-12-3114528528core:OtherReservesSubtotal2023-12-3114528528core:RetainedEarningsAccumulatedLosses2023-12-3114528528core:NetGoodwill2022-12-0614528528core:IntangibleAssetsOtherThanGoodwill2022-12-0614528528core:LandBuildings2022-12-0614528528core:PlantMachinery2022-12-0614528528core:Vehicles2022-12-0614528528core:FurnitureFittings2022-12-0614528528core:OfficeEquipment2022-12-0614528528core:AfterOneYear2022-12-0614528528core:WithinOneYear2022-12-0614528528core:ListedExchangeTraded2022-12-0614528528core:UnlistedNon-exchangeTraded2022-12-0614528528core:ShareCapital2022-12-0614528528core:SharePremium2022-12-0614528528core:RevaluationReserve2022-12-0614528528core:OtherReservesSubtotal2022-12-0614528528core:RetainedEarningsAccumulatedLosses2022-12-0614528528core:NetGoodwill2022-12-0614528528core:IntangibleAssetsOtherThanGoodwill2022-12-0614528528core:LandBuildings2022-12-0614528528core:PlantMachinery2022-12-0614528528core:Vehicles2022-12-0614528528core:FurnitureFittings2022-12-0614528528core:OfficeEquipment2022-12-0614528528core:AfterOneYear2022-12-0614528528core:WithinOneYear2022-12-0614528528core:ListedExchangeTraded2022-12-0614528528core:UnlistedNon-exchangeTraded2022-12-0614528528core:ShareCapital2022-12-0614528528core:SharePremium2022-12-0614528528core:RevaluationReserve2022-12-0614528528core:OtherReservesSubtotal2022-12-0614528528core:RetainedEarningsAccumulatedLosses2022-12-0614528528core:AfterOneYear2022-12-072023-12-3114528528core:WithinOneYear2022-12-072023-12-3114528528core:Non-currentFinancialInstrumentscore:CostValuation2022-12-072023-12-3114528528core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-12-072023-12-3114528528core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-12-072023-12-3114528528core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-12-072023-12-3114528528core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-12-072023-12-3114528528core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-12-072023-12-3114528528core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-12-072023-12-3114528528core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-12-072023-12-3114528528core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-12-072023-12-3114528528core:Non-currentFinancialInstrumentscore:CostValuation2023-12-3114528528core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-12-3114528528core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-12-3114528528core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-12-3114528528core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-12-3114528528core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-12-3114528528core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-12-3114528528core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-12-3114528528core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-12-3114528528core:Non-currentFinancialInstrumentscore:CostValuation2022-12-0614528528core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-12-0614528528core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-12-0614528528core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-12-0614528528core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-12-0614528528core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-12-0614528528core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-12-0614528528core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-12-0614528528core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-12-0614528528bus:Director12022-12-072023-12-31

SABIN CARPENTRY LTD

Registered Number
14528528
(England and Wales)

Unaudited Financial Statements for the Period ended
31 December 2023

SABIN CARPENTRY LTD
Company Information
for the period from 7 December 2022 to 31 December 2023

Director

SABIN, Richard

Registered Address

35/37 St Leonards Road
Northampton
NN4 8DL

Registered Number

14528528 (England and Wales)
SABIN CARPENTRY LTD
Balance Sheet as at
31 December 2023

Notes

2023

£

£

Fixed assets
Tangible assets31,099
1,099
Current assets
Debtors475,511
Cash at bank and on hand4,992
80,503
Creditors amounts falling due within one year5(54,975)
Net current assets (liabilities)25,528
Total assets less current liabilities26,627
Net assets26,627
Capital and reserves
Called up share capital100
Profit and loss account26,527
Shareholders' funds26,627
The financial statements were approved and authorised for issue by the Director on 19 March 2024, and are signed on its behalf by:
SABIN, Richard
Director
Registered Company No. 14528528
SABIN CARPENTRY LTD
Notes to the Financial Statements
for the period ended 31 December 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Employee benefits
Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:
Trade and other debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.
Trade and other creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2.Average number of employees

2023
Average number of employees during the year4
3.Tangible fixed assets

Plant & machinery

Total

££
Cost or valuation
Additions1,2071,207
At 31 December 231,2071,207
Depreciation and impairment
Charge for year108108
At 31 December 23108108
Net book value
At 31 December 231,0991,099
At 06 December 22--
4.Debtors: amounts due within one year

2023

£
Trade debtors / trade receivables16,996
Other debtors58,515
Total75,511
5.Creditors: amounts due within one year

2023

£
Trade creditors / trade payables1,333
Taxation and social security50,820
Other creditors1,321
Accrued liabilities and deferred income1,501
Total54,975
6.Provisions for liabilities