IRIS Accounts Production v24.3.2.46 05835047 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false £1 Ordinary "A" 1.00000 £1 Ordinary "B" 1.00000 £1 Ordinary "C" 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh058350472023-03-31058350472024-03-31058350472023-04-012024-03-31058350472022-03-31058350472022-04-012023-03-31058350472023-03-3105835047ns15:EnglandWales2023-04-012024-03-3105835047ns14:PoundSterling2023-04-012024-03-3105835047ns10:Director12023-04-012024-03-3105835047ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3105835047ns10:SmallEntities2023-04-012024-03-3105835047ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3105835047ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3105835047ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3105835047ns10:FullAccounts2023-04-012024-03-3105835047ns10:OrdinaryShareClass12023-04-012024-03-3105835047ns10:OrdinaryShareClass22023-04-012024-03-3105835047ns10:OrdinaryShareClass32023-04-012024-03-3105835047ns10:Director22023-04-012024-03-3105835047ns10:CompanySecretary12023-04-012024-03-3105835047ns10:RegisteredOffice2023-04-012024-03-3105835047ns5:CurrentFinancialInstruments2024-03-3105835047ns5:CurrentFinancialInstruments2023-03-3105835047ns5:Non-currentFinancialInstruments2024-03-3105835047ns5:Non-currentFinancialInstruments2023-03-3105835047ns5:ShareCapital2024-03-3105835047ns5:ShareCapital2023-03-3105835047ns5:RetainedEarningsAccumulatedLosses2024-03-3105835047ns5:RetainedEarningsAccumulatedLosses2023-03-3105835047ns5:PlantMachinery2023-04-012024-03-3105835047ns5:PlantMachinery2023-03-3105835047ns5:MotorVehicles2023-03-3105835047ns5:MotorVehicles2023-04-012024-03-3105835047ns5:PlantMachinery2024-03-3105835047ns5:MotorVehicles2024-03-3105835047ns5:PlantMachinery2023-03-3105835047ns5:MotorVehicles2023-03-3105835047ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3105835047ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-3105835047ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-03-3105835047ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-03-3105835047ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-03-3105835047ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-03-3105835047ns5:DeferredTaxation2023-03-3105835047ns5:DeferredTaxation2023-04-012024-03-3105835047ns5:DeferredTaxation2024-03-3105835047ns10:OrdinaryShareClass12024-03-3105835047ns10:OrdinaryShareClass22024-03-3105835047ns10:OrdinaryShareClass32024-03-31058350471ns10:Director12023-03-31058350471ns10:Director12022-03-31058350471ns10:Director12023-04-012024-03-31058350471ns10:Director12022-04-012023-03-31058350471ns10:Director12024-03-31058350471ns10:Director12023-03-31
REGISTERED NUMBER: 05835047 (England and Wales)















STEVE WHINNETT CARPENTRY
& JOINERY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






STEVE WHINNETT CARPENTRY
& JOINERY LIMITED (REGISTERED NUMBER: 05835047)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


STEVE WHINNETT CARPENTRY
& JOINERY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: S Whinnett
Ms A Whinnett





SECRETARY: Indigo Secretaries Limited





REGISTERED OFFICE: 3 Kensworth Gate
200-204 High Street South
Dunstable
Bedfordshire
LU6 3HS





REGISTERED NUMBER: 05835047 (England and Wales)





ACCOUNTANTS: Higginson & Co (UK) Ltd
3 Kensworth Gate
200 - 204 High Street South
Dunstable
Bedfordshire
LU6 3HS

STEVE WHINNETT CARPENTRY
& JOINERY LIMITED (REGISTERED NUMBER: 05835047)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,672 10,271

CURRENT ASSETS
Stocks 8,398 15,858
Debtors 5 25,926 37,527
Cash at bank 14,370 13,107
48,694 66,492
CREDITORS
Amounts falling due within one year 6 45,154 51,907
NET CURRENT ASSETS 3,540 14,585
TOTAL ASSETS LESS CURRENT
LIABILITIES

16,212

24,856

CREDITORS
Amounts falling due after more than one
year

7

(12,237

)

(22,436

)

PROVISIONS FOR LIABILITIES 8 (3,168 ) (1,951 )
NET ASSETS 807 469

CAPITAL AND RESERVES
Called up share capital 9 3 3
Retained earnings 804 466
SHAREHOLDERS' FUNDS 807 469

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

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

STEVE WHINNETT CARPENTRY
& JOINERY LIMITED (REGISTERED NUMBER: 05835047)

BALANCE SHEET - continued
31 MARCH 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 Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 September 2024 and were signed on its behalf by:





S Whinnett - Director


STEVE WHINNETT CARPENTRY
& JOINERY LIMITED (REGISTERED NUMBER: 05835047)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Steve Whinnett Carpentry & 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.

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 etc - 25% on reducing balance and Straight line over 3 years

Stocks
Work in progress is valued at the lower of cost and net realisable value.

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.

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.

STEVE WHINNETT CARPENTRY
& JOINERY LIMITED (REGISTERED NUMBER: 05835047)

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


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 April 2023 19,892 39,182 59,074
Additions 582 8,107 8,689
Disposals (3,250 ) - (3,250 )
At 31 March 2024 17,224 47,289 64,513
DEPRECIATION
At 1 April 2023 17,892 30,911 48,803
Charge for year 2,194 4,094 6,288
Eliminated on disposal (3,250 ) - (3,250 )
At 31 March 2024 16,836 35,005 51,841
NET BOOK VALUE
At 31 March 2024 388 12,284 12,672
At 31 March 2023 2,000 8,271 10,271

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 14,210 30,545
Prepayments 11,716 6,982
25,926 37,527

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 23,075 18,516
Trade creditors 1,523 17,834
Corporation tax 5,264 2,493
Social security and other taxes 2,430 2,279
Directors' current accounts 8,680 7,826
Accrued expenses 4,182 2,959
45,154 51,907

STEVE WHINNETT CARPENTRY
& JOINERY LIMITED (REGISTERED NUMBER: 05835047)

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


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans - 1-2 years 12,237 10,204
Bank loans - 2-5 years - 12,232
12,237 22,436

8. PROVISIONS FOR LIABILITIES
31.3.24 31.3.23
£    £   
Deferred tax 3,168 1,951

Deferred
tax
£   
Balance at 1 April 2023 1,951
Charge to Income Statement during year 1,217
Balance at 31 March 2024 3,168

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
1 £1 Ordinary "A" £1 1 1
1 £1 Ordinary "B" £1 1 1
1 £1 Ordinary "C" £1 1 1
3 3

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31.3.24 31.3.23
£    £   
S Whinnett
Balance outstanding at start of year 7,826 7,071
Amounts advanced 854 755
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 8,680 7,826