FINE CRAFT JOINERY LIMITED

Company Registration Number:
NI674561 (Northern Ireland)

Unaudited abridged accounts for the year ended 30 November 2023

Period of accounts

Start date: 01 December 2022

End date: 30 November 2023

FINE CRAFT JOINERY LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2023

Balance sheet
Notes

FINE CRAFT JOINERY LIMITED

Balance sheet

As at 30 November 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 45,905 29,309
Total fixed assets: 45,905 29,309
Current assets
Stocks: 13,500 9,858
Debtors:   42,875 33,735
Cash at bank and in hand: 82,165 70,809
Total current assets: 138,540 114,402
Creditors: amounts falling due within one year:   (62,362) (69,404)
Net current assets (liabilities): 76,178 44,998
Total assets less current liabilities: 122,083 74,307
Creditors: amounts falling due after more than one year:   (24,333) (18,948)
Total net assets (liabilities): 97,750 55,359
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 97,650 55,259
Shareholders funds: 97,750 55,359

The notes form part of these financial statements

FINE CRAFT JOINERY LIMITED

Balance sheet statements

For the year ending 30 November 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 14 August 2024
and signed on behalf of the board by:

Name: Mr DJ Hemphill
Status: Director

The notes form part of these financial statements

FINE CRAFT JOINERY LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Tangible fixed assets and depreciation policy

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life.

FINE CRAFT JOINERY LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

2. Employees

2023 2022
Average number of employees during the period 2 2

FINE CRAFT JOINERY LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Tangible Assets

Total
Cost £
At 01 December 2022 35,047
Additions 28,151
At 30 November 2023 63,198
Depreciation
At 01 December 2022 5,738
Charge for year 11,555
At 30 November 2023 17,293
Net book value
At 30 November 2023 45,905
At 30 November 2022 29,309