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REGISTERED NUMBER: 08116984 (England and Wales)














Financial Statements

for the Year Ended 31st March 2024

for

APPLEWOOD KITCHENS AND JOINERY LTD

APPLEWOOD KITCHENS AND JOINERY LTD (REGISTERED NUMBER: 08116984)






Contents of the Financial Statements
for the Year Ended 31st March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


APPLEWOOD KITCHENS AND JOINERY LTD

Company Information
for the Year Ended 31st March 2024







DIRECTORS: N Fisher
Mrs M A Fisher



REGISTERED OFFICE: 15 Grove Place
Bedford
MK40 3JJ



REGISTERED NUMBER: 08116984 (England and Wales)



ACCOUNTANTS: John Wildman Chartered Accountants
15 Grove Place
Bedford
MK40 3JJ



BANKERS: Santander UK plc
Bridle Road
Bootle
Merseyside
L30 4GB

APPLEWOOD KITCHENS AND JOINERY LTD (REGISTERED NUMBER: 08116984)

Balance Sheet
31st March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 14,750 19,516

CURRENT ASSETS
Debtors 5 - 6,803
Cash at bank 40,667 18,484
40,667 25,287
CREDITORS
Amounts falling due within one year 6 38,100 31,304
NET CURRENT ASSETS/(LIABILITIES) 2,567 (6,017 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

17,317

13,499

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 17,217 13,399
SHAREHOLDERS' FUNDS 17,317 13,499

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 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.

APPLEWOOD KITCHENS AND JOINERY LTD (REGISTERED NUMBER: 08116984)

Balance Sheet - continued
31st March 2024


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 31st July 2024 and were signed on its behalf by:




N Fisher - Director



Mrs M A Fisher - Director


APPLEWOOD KITCHENS AND JOINERY LTD (REGISTERED NUMBER: 08116984)

Notes to the Financial Statements
for the Year Ended 31st March 2024

1. STATUTORY INFORMATION

Applewood Kitchens and Joinery Ltd 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.

These financial statements are prepared on the going concern basis as it is the intention of the directors to continue supporting the company for the foreseeable future.

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.
Machinery - 20% on reducing balance
Motor van - 25% 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

APPLEWOOD KITCHENS AND JOINERY LTD (REGISTERED NUMBER: 08116984)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2024

4. TANGIBLE FIXED ASSETS
Machinery Motor van Totals
£    £    £   
COST
At 1st April 2023
and 31st March 2024 3,916 26,290 30,206
DEPRECIATION
At 1st April 2023 1,661 9,029 10,690
Charge for year 451 4,315 4,766
At 31st March 2024 2,112 13,344 15,456
NET BOOK VALUE
At 31st March 2024 1,804 12,946 14,750
At 31st March 2023 2,255 17,261 19,516

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors - 6,700
VAT - 103
- 6,803

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
PAYE & CIS due 82 355
VAT 638 -
Directors' loan accounts 36,580 30,149
Accrued expenses 800 800
38,100 31,304

7. ULTIMATE CONTROLLING PARTY

The controlling party is N Fisher.