Registered Number:05985557 |
For the year ended 30 November 2023
England and Wales
Unaudited Financial Statements
United Carpentry Ltd
Statement of Financial Position
2022
2023
Property, plant and equipment |
15,253
20,006
2
15,253
20,006
344
1,323
3
Trade and other receivables |
8,334
10,004
4
21,735
Cash and cash equivalents |
16,428
27,755
30,413
Trade and other payables: amounts falling due within |
one year |
(7,332)
(18,100)
5
23,081
9,655
Net current assets
Total assets less current liabilities |
24,908
43,087
(2,880)
(3,779)
Provisions for liabilities |
22,028
Net assets
39,308
1
1
22,027
39,307
22,028
39,308
Shareholders' funds
For the year ended 30 November 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
1 of 5
For the year ended 30 November 2023
United Carpentry Ltd
Statement of Financial Position Continued
These financial statements were approved and authorised for issue by the Board on 22 August 2024 and were signed by: |
The notes form part of these financial statements |
2 of 5
For the year ended 30 November 2023
United Carpentry Ltd
Notes to the Financial Statements
Statutory Information
United Carpentry Ltd is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 05985557. |
76 Amos Lane
Wednesfield
Wolverhampton
West Midlands
WV11 1ND
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of |
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic |
of Ireland' and the Companies Act 2006. The financial statements have been prepared under the |
historical costs convention as modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Motor vehicles
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a straight line basis. |
3 of 5
For the year ended 30 November 2023
United Carpentry Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment |
37,714
32,500
5,214
5,214
32,500
37,714
Provision for depreciation and impairment |
17,708
14,981
2,727
Charge for year
4,753
4,380
373
22,461
19,361
3,100
2,114
13,139
15,253
2,487
17,519
20,006
2022
2023
1,323
344
4. Trade and other receivables |
2022
2023
2,360
1,194
7,644
7,140
8,334
10,004
5. Trade and other payables: amounts falling due within one year |
2022
2023
479
675
1,088
1,088
Taxation and social security |
4,950
4,080
11,583
1,489
18,100
7,332
4 of 5
For the year ended 30 November 2023
United Carpentry Ltd
Notes to the Financial Statements Continued
6. Average number of persons employed |
During the year the average number of employees was 1 (2022 : 1)
5 of 5