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Company Registration No. 05136368 (England and Wales)
D.W. Carpentry & Joinery Limited Unaudited accounts for the year ended 31 May 2024
D.W. Carpentry & Joinery Limited Unaudited accounts Contents
Page
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D.W. Carpentry & Joinery Limited Company Information for the year ended 31 May 2024
Director
Daniel Whatford
Company Number
05136368 (England and Wales)
Registered Office
77a Richmond Road Twickenham TW1 3AW England
Accountants
P10 Accountancy Ltd 77A Richmond Road Twickenham TW1 3AW
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D.W. Carpentry & Joinery Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
54,913 
59,301 
Current assets
Debtors
2,017 
12,066 
Cash at bank and in hand
190,463 
230,878 
192,480 
242,944 
Creditors: amounts falling due within one year
(73,182)
(67,164)
Net current assets
119,298 
175,780 
Total assets less current liabilities
174,211 
235,081 
Creditors: amounts falling due after more than one year
(30,289)
(47,373)
Net assets
143,922 
187,708 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
143,920 
187,706 
Shareholders' funds
143,922 
187,708 
For the year ending 31 May 2024 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 February 2025 and were signed on its behalf by
Daniel Whatford Director Company Registration No. 05136368
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D.W. Carpentry & Joinery Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
D.W. Carpentry & Joinery Limited is a private company, limited by shares, registered in England and Wales, registration number 05136368. The registered office is 77a Richmond Road, Twickenham, TW1 3AW, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Computer equipment
25% Straight Line
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Taxation
The tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
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D.W. Carpentry & Joinery Limited Notes to the Accounts for the year ended 31 May 2024
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Presentation currency
The accounts are presented in £ sterling.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2023
22,872 
113,633 
2,834 
139,339 
Additions
899 
13,185 
- 
14,084 
At 31 May 2024
23,771 
126,818 
2,834 
153,423 
Depreciation
At 1 June 2023
21,440 
57,265 
1,333 
80,038 
Charge for the year
583 
17,389 
500 
18,472 
At 31 May 2024
22,023 
74,654 
1,833 
98,510 
Net book value
At 31 May 2024
1,748 
52,164 
1,001 
54,913 
At 31 May 2023
1,432 
56,368 
1,501 
59,301 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
10,620 
Accrued income and prepayments
2,017 
1,446 
2,017 
12,066 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
VAT
5,916 
11,541 
Obligations under finance leases and hire purchase contracts
7,084 
7,084 
Trade creditors
35,683 
25,641 
Taxes and social security
11,123 
11,811 
Other creditors
2,723 
172 
Loans from directors
653 
915 
73,182 
67,164 
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D.W. Carpentry & Joinery Limited Notes to the Accounts for the year ended 31 May 2024
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
10,833 
20,833 
Obligations under finance leases and hire purchase contracts
19,456 
26,540 
30,289 
47,373 
8
Average number of employees
During the year the average number of employees was 4 (2023: 3).
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