IRIS Accounts Production v24.2.0.383 SC359010 Board of Directors 1.6.23 31.5.24 31.5.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC3590102023-05-31SC3590102024-05-31SC3590102023-06-012024-05-31SC3590102022-05-31SC3590102022-06-012023-05-31SC3590102023-05-31SC359010ns15:Scotland2023-06-012024-05-31SC359010ns14:PoundSterling2023-06-012024-05-31SC359010ns10:Director12023-06-012024-05-31SC359010ns10:PrivateLimitedCompanyLtd2023-06-012024-05-31SC359010ns10:SmallEntities2023-06-012024-05-31SC359010ns10:AuditExemptWithAccountantsReport2023-06-012024-05-31SC359010ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-31SC359010ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-31SC359010ns10:FullAccounts2023-06-012024-05-31SC359010ns10:Director22023-06-012024-05-31SC359010ns10:CompanySecretary12023-06-012024-05-31SC359010ns10:RegisteredOffice2023-06-012024-05-31SC359010ns5:CurrentFinancialInstruments2024-05-31SC359010ns5:CurrentFinancialInstruments2023-05-31SC359010ns5:Non-currentFinancialInstruments2024-05-31SC359010ns5:Non-currentFinancialInstruments2023-05-31SC359010ns5:ShareCapital2024-05-31SC359010ns5:ShareCapital2023-05-31SC359010ns5:RetainedEarningsAccumulatedLosses2024-05-31SC359010ns5:RetainedEarningsAccumulatedLosses2023-05-31SC359010ns5:PlantMachinery2023-06-012024-05-31SC359010ns5:FurnitureFittings2023-06-012024-05-31SC359010ns5:ComputerEquipment2023-06-012024-05-31SC359010ns5:PlantMachinery2023-05-31SC359010ns5:FurnitureFittings2023-05-31SC359010ns5:ComputerEquipment2023-05-31SC359010ns5:PlantMachinery2024-05-31SC359010ns5:FurnitureFittings2024-05-31SC359010ns5:ComputerEquipment2024-05-31SC359010ns5:PlantMachinery2023-05-31SC359010ns5:FurnitureFittings2023-05-31SC359010ns5:ComputerEquipment2023-05-31SC359010ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-05-31SC359010ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-31SC359010ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-05-31SC359010ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-05-31SC3590101ns10:Director12023-05-31SC3590101ns10:Director12022-05-31SC3590101ns10:Director12023-06-012024-05-31SC3590101ns10:Director12022-06-012023-05-31SC3590101ns10:Director12024-05-31SC3590101ns10:Director12023-05-31
REGISTERED NUMBER: SC359010 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2024

FOR

W M JOINERY SERVICES LIMITED

W M JOINERY SERVICES LIMITED (REGISTERED NUMBER: SC359010)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 7

W M JOINERY SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MAY 2024







DIRECTORS: WAYNE Melvin
Mrs VICTORIA E Melvin





SECRETARY: Mrs VICTORIA E Melvin





REGISTERED OFFICE: 25 Sunnyside Avenue
Drumoak
Aberdeenshire
AB31 5EF





REGISTERED NUMBER: SC359010 (Scotland)





ACCOUNTANTS: Goldwells
Goldwells House
Grange Road
Peterhead
Aberdeenshire
AB42 1WN

W M JOINERY SERVICES LIMITED (REGISTERED NUMBER: SC359010)

BALANCE SHEET
31ST MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 18,571 24,744

CURRENT ASSETS
Debtors 5 14,914 16,028
Cash at bank 10,319 13,116
25,233 29,144
CREDITORS
Amounts falling due within one year 6 25,186 26,581
NET CURRENT ASSETS 47 2,563
TOTAL ASSETS LESS CURRENT
LIABILITIES

18,618

27,307

CREDITORS
Amounts falling due after more than one
year

7

(14,689

)

(22,364

)

PROVISIONS FOR LIABILITIES (3,528 ) (4,701 )
NET ASSETS 401 242

CAPITAL AND RESERVES
Called up share capital 125 125
Retained earnings 276 117
401 242

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

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

W M JOINERY SERVICES LIMITED (REGISTERED NUMBER: SC359010)

BALANCE SHEET - continued
31ST MAY 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5th September 2024 and were signed on its behalf by:





WAYNE Melvin - Director


W M JOINERY SERVICES LIMITED (REGISTERED NUMBER: SC359010)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2024

1. STATUTORY INFORMATION

W M Joinery Services Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

3. EMPLOYEES AND DIRECTORS

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

W M JOINERY SERVICES LIMITED (REGISTERED NUMBER: SC359010)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MAY 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1st June 2023
and 31st May 2024 36,917 211 2,363 39,491
DEPRECIATION
At 1st June 2023 13,125 195 1,427 14,747
Charge for year 5,935 4 234 6,173
At 31st May 2024 19,060 199 1,661 20,920
NET BOOK VALUE
At 31st May 2024 17,857 12 702 18,571
At 31st May 2023 23,792 16 936 24,744

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 358 9,553
Directors' current accounts 14,556 6,475
14,914 16,028

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 3,000 3,000
Hire purchase contracts 4,803 4,344
Trade creditors 5,125 8,939
Corporation Tax 9,092 3,708
VAT 3,166 6,590
25,186 26,581

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 2-5 years 5,181 8,053
Hire purchase contracts 9,508 14,311
14,689 22,364

W M JOINERY SERVICES LIMITED (REGISTERED NUMBER: SC359010)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MAY 2024

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st May 2024 and 31st May 2023:

2024 2023
£    £   
WAYNE Melvin
Balance outstanding at start of year 6,475 (8,103 )
Amounts advanced 59,893 65,930
Amounts repaid (51,812 ) (51,352 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 14,556 6,475

The conditions of the director's loan are that the loan is interest free and will be repaid within 9 months.

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
W M JOINERY SERVICES LIMITED (REGISTERED NUMBER: SC359010)

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of W M Joinery Services Limited for the year ended 31st May 2024 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of W M Joinery Services Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of W M Joinery Services Limited and state those matters that we have agreed to state to the Board of Directors of W M Joinery Services Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that W M Joinery Services Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of W M Joinery Services Limited. You consider that W M Joinery Services Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of W M Joinery Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Goldwells
Goldwells House
Grange Road
Peterhead
Aberdeenshire
AB42 1WN


5th September 2024