IRIS Accounts Production v24.2.0.383 04210601 director 1.12.22 30.11.23 30.11.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh042106012022-11-30042106012023-11-30042106012022-12-012023-11-30042106012021-11-30042106012021-12-012022-11-30042106012022-11-3004210601ns15:EnglandWales2022-12-012023-11-3004210601ns14:PoundSterling2022-12-012023-11-3004210601ns10:Director12022-12-012023-11-3004210601ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3004210601ns10:SmallEntities2022-12-012023-11-3004210601ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-3004210601ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3004210601ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3004210601ns10:FullAccounts2022-12-012023-11-3004210601ns5:CurrentFinancialInstruments2023-11-3004210601ns5:CurrentFinancialInstruments2022-11-3004210601ns5:ShareCapital2023-11-3004210601ns5:ShareCapital2022-11-3004210601ns5:RetainedEarningsAccumulatedLosses2023-11-3004210601ns5:RetainedEarningsAccumulatedLosses2022-11-3004210601ns10:RegisteredOffice2022-12-012023-11-3004210601ns5:OwnedOrFreeholdAssetsns5:LandBuildings2022-12-012023-11-3004210601ns5:PlantMachinery2022-12-012023-11-3004210601ns5:MotorVehicles2022-12-012023-11-3004210601ns5:ComputerEquipment2022-12-012023-11-3004210601ns5:LandBuildings2022-11-3004210601ns5:PlantMachinery2022-11-3004210601ns5:MotorVehicles2022-11-3004210601ns5:ComputerEquipment2022-11-3004210601ns5:LandBuildings2022-12-012023-11-3004210601ns5:LandBuildings2023-11-3004210601ns5:PlantMachinery2023-11-3004210601ns5:MotorVehicles2023-11-3004210601ns5:ComputerEquipment2023-11-3004210601ns5:LandBuildings2022-11-3004210601ns5:PlantMachinery2022-11-3004210601ns5:MotorVehicles2022-11-3004210601ns5:ComputerEquipment2022-11-3004210601ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-3004210601ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-30
REGISTERED NUMBER: 04210601 (England and Wales)














Unaudited Financial Statements

for the Year Ended 30 November 2023

for

Lymewood Architectural Joinery Limited

Lymewood Architectural Joinery Limited (Registered number: 04210601)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Balance Sheet 1

Notes to the Financial Statements 2


Lymewood Architectural Joinery Limited (Registered number: 04210601)

Balance Sheet
30 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 65,341 71,763

CURRENT ASSETS
Stocks 180,989 180,989
Debtors 5 171,639 207,688
Cash at bank 764,532 507,829
1,117,160 896,506
CREDITORS
Amounts falling due within one year 6 691,915 558,874
NET CURRENT ASSETS 425,245 337,632
TOTAL ASSETS LESS CURRENT LIABILITIES 490,586 409,395

PROVISIONS FOR LIABILITIES 8,080 7,336
NET ASSETS 482,506 402,059

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 482,505 402,058
SHAREHOLDERS' FUNDS 482,506 402,059

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

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 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 August 2024 and were signed by:





Mr R C Lymer - Director


Lymewood Architectural Joinery Limited (Registered number: 04210601)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Lymewood Architectural Joinery Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 04210601

Registered office: Hawthorne Mill
Leek Road
Longsdon
Stoke on Trent
Staffordshire
ST9 9QF

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.

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

Revenue is recognised as the company becomes entitled to consideration for the goods supplied. Therefore turnover also includes the element of work completed but not yet invoiced.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - NIL % per annum
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Office equipment - 25% on reducing balance

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 year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Lymewood Architectural Joinery Limited (Registered number: 04210601)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Freehold Plant and Motor Office
property machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 December 2022 32,415 210,614 84,195 4,627 331,851
Additions - 4,553 - - 4,553
At 30 November 2023 32,415 215,167 84,195 4,627 336,404
DEPRECIATION
At 1 December 2022 - 183,409 72,962 3,717 260,088
Charge for year - 7,940 2,809 226 10,975
At 30 November 2023 - 191,349 75,771 3,943 271,063
NET BOOK VALUE
At 30 November 2023 32,415 23,818 8,424 684 65,341
At 30 November 2022 32,415 27,205 11,233 910 71,763

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 93,807 136,043
Other debtors 77,832 71,645
171,639 207,688

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 7,868 42,227
Taxation and social security 137,736 95,429
Other creditors 546,311 421,218
691,915 558,874