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REGISTERED NUMBER: 10845651 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 July 2024

for

K Jacklin Carpentry Limited

K Jacklin Carpentry Limited (Registered number: 10845651)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

K Jacklin Carpentry Limited

Company Information
for the Year Ended 31 July 2024







DIRECTORS: K M Jacklin
Mrs K Jacklin





SECRETARY: Mrs K Jacklin





REGISTERED OFFICE: 6 High Street
Toft
Cambridge
Cambridgeshire
CB23 2RL





REGISTERED NUMBER: 10845651 (England and Wales)





ACCOUNTANTS: GREGORY WILDMAN
The Granary
Crowhill Farm
Ravensden Road
Wilden
Bedfordshire
MK44 2QS

K Jacklin Carpentry Limited (Registered number: 10845651)

Statement of Financial Position
31 July 2024

31.7.24 31.7.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 76,429 99,619

CURRENT ASSETS
Debtors 5 348,022 388,897
Cash at bank 46 5,500
348,068 394,397
CREDITORS
Amounts falling due within one year 6 360,463 388,591
NET CURRENT (LIABILITIES)/ASSETS (12,395 ) 5,806
TOTAL ASSETS LESS CURRENT LIABILITIES 64,034 105,425

CREDITORS
Amounts falling due after more than one year 7 (27,866 ) (34,994 )

PROVISIONS FOR LIABILITIES (15,104 ) (19,759 )
NET ASSETS 21,064 50,672

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 20,964 50,572
SHAREHOLDERS' FUNDS 21,064 50,672

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

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

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 28 April 2025 and were signed on its behalf by:





K M Jacklin - Director


K Jacklin Carpentry Limited (Registered number: 10845651)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

K Jacklin Carpentry 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 (£).


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.

There were no material departures from that standard

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised.

Rendering of services
Revenue from the provision of carpentry and renovation services is recognised when work has been completed.

Tangible fixed assets
Tangible fixed assets are included at cost less depreciation and impairment. Depreciation has been computed to write off the cost of tangible fixed assets over their expected useful lives as follows:

Plant and machinery - 20% reducing balance
Motor vehicles - 20% reducing balance

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 taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.

Tax deferred or accelerated is accounted for in respect of all material timing differences.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

K Jacklin Carpentry Limited (Registered number: 10845651)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 August 2023
and 31 July 2024 91,785 66,769 1,873 160,427
DEPRECIATION
At 1 August 2023 34,861 24,741 1,206 60,808
Charge for year 11,384 11,260 546 23,190
At 31 July 2024 46,245 36,001 1,752 83,998
NET BOOK VALUE
At 31 July 2024 45,540 30,768 121 76,429
At 31 July 2023 56,924 42,028 667 99,619

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 August 2023 66,769
Transfer to ownership (13,995 )
At 31 July 2024 52,774
DEPRECIATION
At 1 August 2023 24,741
Charge for year 10,555
Transfer to ownership (13,290 )
At 31 July 2024 22,006
NET BOOK VALUE
At 31 July 2024 30,768
At 31 July 2023 42,028

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 268 30,000
Due from associated company 345,941 355,238
Prepayments 1,813 3,659
348,022 388,897

K Jacklin Carpentry Limited (Registered number: 10845651)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 2,364 -
Hire purchase contracts 7,128 7,255
Trade creditors 4,350 10,152
Tax (1,961 ) 17,379
Social security and other taxes 6,990 7,368
VAT 9,366 17,728
Other creditors 9,168 -
Directors' current accounts 169,113 137,844
Accruals and deferred income 150,905 120,000
Accrued expenses 3,040 70,865
360,463 388,591

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.7.24 31.7.23
£    £   
Hire purchase contracts 27,866 34,994

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.24 31.7.23
value: £    £   
100 Ordinary £1 100 100

9. RELATED PARTY DISCLOSURES

The amount at the year end due to Mr and Mrs Jacklin was £169,113 (2023 - £137,844).

The amount owing from associated company K Jacklin Properties Limited was £293,538 (2023 - £302,818), a loan made with a interest rate of 0%.

The amount owing from associated company K Jacklin Construction Limited was £52,403 (2023 - £52,420).

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
K Jacklin Carpentry Limited

The following reproduces the text of the report prepared for the directors 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 Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of K Jacklin Carpentry Limited for the year ended 31 July 2024 which comprise the Income Statement, Other Comprehensive Income, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of K Jacklin Carpentry Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of K Jacklin Carpentry Limited and state those matters that we have agreed to state to the Board of Directors of K Jacklin Carpentry Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than K Jacklin Carpentry Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that K Jacklin Carpentry Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of K Jacklin Carpentry Limited. You consider that K Jacklin Carpentry Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of K Jacklin Carpentry Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






GREGORY WILDMAN
The Granary
Crowhill Farm
Ravensden Road
Wilden
Bedfordshire
MK44 2QS


28 April 2025