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REGISTERED NUMBER: 06772341 (England and Wales)















Roger Coe Joinery Limited

Unaudited Financial Statements

for the Year Ended 31st December 2023






Roger Coe Joinery Limited (Registered number: 06772341)






Contents of the Financial Statements
for the year ended 31st December 2023




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 7


Roger Coe Joinery Limited

Company Information
for the year ended 31st December 2023







DIRECTORS: R Coe
S L Adkins





SECRETARY: Mrs T L Adkins





REGISTERED OFFICE: 310 Wellingborough Road
Northampton
Northamptonshire
NN1 4EP





BUSINESS ADDRESS: 87-89 Bailiff Street
Northampton
NN1 3EA





REGISTERED NUMBER: 06772341 (England and Wales)





ACCOUNTANTS: Cheney & Co
310 Wellingborough Road
Northampton
NN1 4EP

Roger Coe Joinery Limited (Registered number: 06772341)

Balance Sheet
31st December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 55,000 66,000
Tangible assets 6 63,057 8,471
118,057 74,471

CURRENT ASSETS
Stocks 24,000 24,000
Debtors 7 203,194 162,384
Cash at bank and in hand 179,659 164,135
406,853 350,519
CREDITORS
Amounts falling due within one year 8 106,671 81,963
NET CURRENT ASSETS 300,182 268,556
TOTAL ASSETS LESS CURRENT
LIABILITIES

418,239

343,027

CREDITORS
Amounts falling due after more than one year 9 (32,704 ) -

PROVISIONS FOR LIABILITIES 10 (6,900 ) (1,600 )
NET ASSETS 378,635 341,427

CAPITAL AND RESERVES
Called up share capital 11 100 100
Retained earnings 378,535 341,327
SHAREHOLDERS' FUNDS 378,635 341,427

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2023 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.

Roger Coe Joinery Limited (Registered number: 06772341)

Balance Sheet - continued
31st December 2023


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 19th March 2024 and were signed on its behalf by:





S L Adkins - Director


Roger Coe Joinery Limited (Registered number: 06772341)

Notes to the Financial Statements
for the year ended 31st December 2023

1. STATUTORY INFORMATION

Roger Coe Joinery Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


The principal activity of the company was that of joinery manufacturing.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.


Roger Coe Joinery Limited (Registered number: 06772341)

Notes to the Financial Statements - continued
for the year ended 31st December 2023

3. ACCOUNTING POLICIES - continued
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.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 6 ) .

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st January 2023
and 31st December 2023 220,000
AMORTISATION
At 1st January 2023 154,000
Charge for year 11,000
At 31st December 2023 165,000
NET BOOK VALUE
At 31st December 2023 55,000
At 31st December 2022 66,000

Roger Coe Joinery Limited (Registered number: 06772341)

Notes to the Financial Statements - continued
for the year ended 31st December 2023

6. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1st January 2023 16,919 5,086 34,399 5,035 61,439
Additions - - 75,581 - 75,581
At 31st December 2023 16,919 5,086 109,980 5,035 137,020
DEPRECIATION
At 1st January 2023 15,944 4,617 27,387 5,020 52,968
Charge for year 234 116 20,645 - 20,995
At 31st December 2023 16,178 4,733 48,032 5,020 73,963
NET BOOK VALUE
At 31st December 2023 741 353 61,948 15 63,057
At 31st December 2022 975 469 7,012 15 8,471

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 179,740 137,844
Other debtors 23,454 24,540
203,194 162,384

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 1,158 -
Trade creditors 65,889 50,735
Taxation and social security 23,994 27,034
Other creditors 15,630 4,194
106,671 81,963

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 32,704 -

10. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 6,900 1,600

Roger Coe Joinery Limited (Registered number: 06772341)

Notes to the Financial Statements - continued
for the year ended 31st December 2023

10. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1st January 2023 1,600
Provided during year 5,300
Balance at 31st December 2023 6,900

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary 1 100 100

12. CONTINGENT LIABILITIES

There were no contingent liabilities as at 31st December 2023 or 31st December 2022.

13. CAPITAL COMMITMENTS

There were no capital commitments as at 31st December 2023 or 31st December 2022.