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REGISTERED NUMBER: 06309873 (England and Wales)















LITTLEWOODS JOINERY LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024






LITTLEWOODS JOINERY LIMITED (REGISTERED NUMBER: 06309873)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Report of the Accountants 8

LITTLEWOODS JOINERY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTOR: R I Shaw





REGISTERED OFFICE: Unit 15 Fall Bank Industrial Estate
Dodworth
BARNSLEY
South Yorkshire
S75 3LS





REGISTERED NUMBER: 06309873 (England and Wales)





ACCOUNTANTS: FINLAYSON & CO
Whitby Court
Abbey Road
Shepley
HUDDERSFIELD
West Yorkshire
HD8 8EL

LITTLEWOODS JOINERY LIMITED (REGISTERED NUMBER: 06309873)

STATEMENT OF FINANCIAL POSITION
31 OCTOBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 228,913 249,137

CURRENT ASSETS
Inventories 457,235 125,510
Debtors 5 217,149 62,367
Cash at bank 138,632 29,986
813,016 217,863
CREDITORS
Amounts falling due within one year 6 325,832 158,357
NET CURRENT ASSETS 487,184 59,506
TOTAL ASSETS LESS CURRENT
LIABILITIES

716,097

308,643

CREDITORS
Amounts falling due after more than one
year

7

-

1,916
NET ASSETS 716,097 306,727

CAPITAL AND RESERVES
Called up share capital 8 200 200
Retained earnings 715,897 306,527
SHAREHOLDERS' FUNDS 716,097 306,727

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 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.

LITTLEWOODS JOINERY LIMITED (REGISTERED NUMBER: 06309873)

STATEMENT OF FINANCIAL POSITION - continued
31 OCTOBER 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 March 2025 and were signed by:





R I Shaw - Director


LITTLEWOODS JOINERY LIMITED (REGISTERED NUMBER: 06309873)

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

1. STATUTORY INFORMATION

Littlewoods 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.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover
Revenue 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and Machinery - 15% on cost
Motor Vehicles - 20% on cost
Computer Equipment - 33% on cost

Stocks
Inventories 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 inventories 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

LITTLEWOODS JOINERY LIMITED (REGISTERED NUMBER: 06309873)

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

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 8 (2023 - 9 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Plant and and Motor Computer
Machinery Fittings Vehicles Equipment Totals
£    £    £    £    £   
COST
At 1 November 2023 250,573 - 157,258 18,007 425,838
Additions 6,650 2,405 79,601 4,483 93,139
Disposals (4,350 ) - (88,998 ) - (93,348 )
At 31 October 2024 252,873 2,405 147,861 22,490 425,629
DEPRECIATION
At 1 November 2023 105,247 - 56,012 15,442 176,701
Charge for year 30,690 165 13,575 2,324 46,754
Eliminated on disposal (2,339 ) - (24,400 ) - (26,739 )
At 31 October 2024 133,598 165 45,187 17,766 196,716
NET BOOK VALUE
At 31 October 2024 119,275 2,240 102,674 4,724 228,913
At 31 October 2023 145,326 - 101,246 2,565 249,137

LITTLEWOODS JOINERY LIMITED (REGISTERED NUMBER: 06309873)

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

4. PROPERTY, PLANT AND EQUIPMENT - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
Machinery Vehicles Totals
£    £    £   
COST
At 1 November 2023 58,950 31,000 89,950
Disposals - (31,000 ) (31,000 )
At 31 October 2024 58,950 - 58,950
DEPRECIATION
At 1 November 2023 13,264 8,267 21,531
Charge for year 8,843 - 8,843
Eliminated on disposal - (8,267 ) (8,267 )
At 31 October 2024 22,107 - 22,107
NET BOOK VALUE
At 31 October 2024 36,843 - 36,843
At 31 October 2023 45,686 22,733 68,419

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 87,796 23,525
Other debtors 129,353 38,842
217,149 62,367

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 26,723 39,676
Trade creditors 78,067 40,168
Taxation and social security 162,929 (10,528 )
Other creditors 58,113 89,041
325,832 158,357

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts - 1,916

LITTLEWOODS JOINERY LIMITED (REGISTERED NUMBER: 06309873)

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

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100
100 B Ordinary £1 100 100
200 200

LITTLEWOODS JOINERY LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
LITTLEWOODS JOINERY LIMITED

The following reproduces the text of the report prepared for the director 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 Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31 October 2024 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






FINLAYSON & CO
Whitby Court
Abbey Road
Shepley
HUDDERSFIELD
West Yorkshire
HD8 8EL


6 March 2025