Company Registration No. 13681623 (England and Wales)
John Read Carpentry Ltd
Unaudited accounts
for the year ended 31 October 2024
John Read Carpentry Ltd
Unaudited accounts
Contents
John Read Carpentry Ltd
Company Information
for the year ended 31 October 2024
Company Number
13681623 (England and Wales)
Registered Office
WEST CLAYTON BUSINESS CENTRE
BERRY LANE
CHORLEYWOOD
HERTFODSHIRE
WD3 5EX
UNITED KINGDOM
Accountants
GIA Foley & Co
West Clayton Business Centre
Berry Lane
Chorleywood
Hertfordshire
WD3 5EX
John Read Carpentry Ltd
Statement of financial position
as at 31 October 2024
Tangible assets
20,792
24,286
Cash at bank and in hand
-
6,343
Creditors: amounts falling due within one year
(21,258)
(13,017)
Net current liabilities
(7,782)
(132)
Total assets less current liabilities
13,010
24,154
Creditors: amounts falling due after more than one year
(8,297)
(11,576)
Called up share capital
1
1
Profit and loss account
4,712
12,577
Shareholders' funds
4,713
12,578
For the year ending 31 October 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 11 March 2025 and were signed on its behalf by
Mr John Read
Director
Company Registration No. 13681623
John Read Carpentry Ltd
Notes to the Accounts
for the year ended 31 October 2024
John Read Carpentry Ltd is a private company, limited by shares, registered in England and Wales, registration number 13681623. The registered office is WEST CLAYTON BUSINESS CENTRE, BERRY LANE, CHORLEYWOOD, HERTFODSHIRE, WD3 5EX, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
15% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 November 2023
702
25,995
26,697
At 31 October 2024
932
25,995
26,927
At 1 November 2023
136
2,275
2,411
Charge for the year
166
3,558
3,724
At 31 October 2024
302
5,833
6,135
At 31 October 2024
630
20,162
20,792
At 31 October 2023
566
23,720
24,286
John Read Carpentry Ltd
Notes to the Accounts
for the year ended 31 October 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
1,390
-
Obligations under finance leases and hire purchase contracts
3,279
3,279
Taxes and social security
7,884
6,329
Other creditors
6,755
1,487
Loans from directors
90
172
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
8,297
11,576
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).