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REGISTERED NUMBER: 07826433 (England and Wales)

























Unaudited Financial Statements for the Year Ended 30 November 2024

for

Stuarts Joinery & Building Limited

Stuarts Joinery & Building Limited (Registered number: 07826433)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Stuarts Joinery & Building Limited

Company Information
for the Year Ended 30 November 2024







DIRECTORS: Mr Stuart Paul Hay
Mrs Lorna Georgiana Hay





REGISTERED OFFICE: The Kinder
Light Alders Lodge
Disley
Cheshire
SK12 2NQ





REGISTERED NUMBER: 07826433 (England and Wales)





ACCOUNTANTS: IN Accountancy Limited
2 Station View
Bramhall Moor Lane
Hazel Grove
Stockport
Cheshire
SK7 5ER

Stuarts Joinery & Building Limited (Registered number: 07826433)

Balance Sheet
30 November 2024

30.11.24 30.11.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 84,053 92,722
Investment property 5 440,000 -
524,053 92,722

CURRENT ASSETS
Debtors 6 114,085 13,269
Cash at bank 186,027 317,257
300,112 330,526
CREDITORS
Amounts falling due within one year 7 184,014 155,408
NET CURRENT ASSETS 116,098 175,118
TOTAL ASSETS LESS CURRENT
LIABILITIES

640,151

267,840

CREDITORS
Amounts falling due after more than one
year

8

(195,472

)

(16,667

)

PROVISIONS FOR LIABILITIES (20,133 ) (23,180 )
NET ASSETS 424,546 227,993

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 424,446 227,893
SHAREHOLDERS' FUNDS 424,546 227,993

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

Stuarts Joinery & Building Limited (Registered number: 07826433)

Balance Sheet - continued
30 November 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 Income and Retained Earnings 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:




Mr Stuart Paul Hay - Director



Mrs Lorna Georgiana Hay - Director


Stuarts Joinery & Building Limited (Registered number: 07826433)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

Stuarts Joinery & Building 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.

Stuarts Joinery & Building Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 07826433 and registered office address is The Kinder Light Alders Lodge, Disley, Stockport, England, SK12 2NQ.

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 as modified by the revaluation of certain assets.

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
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 - 33% on cost, 25% on reducing balance and 15% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

During the year, the investment properties held within the company were revalued to £440,000.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

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

Stuarts Joinery & Building Limited (Registered number: 07826433)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2023 155,092
Additions 17,910
At 30 November 2024 173,002
DEPRECIATION
At 1 December 2023 62,370
Charge for year 26,579
At 30 November 2024 88,949
NET BOOK VALUE
At 30 November 2024 84,053
At 30 November 2023 92,722

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 297,076
Revaluations 142,924
At 30 November 2024 440,000
NET BOOK VALUE
At 30 November 2024 440,000

Fair value at 30 November 2024 is represented by:
£   
Valuation in 2024 440,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade debtors 112,085 11,894
Other debtors 2,000 1,375
114,085 13,269

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 42,284 48,105
Taxation and social security 83,478 70,345
Other creditors 48,252 26,958
184,014 155,408

Stuarts Joinery & Building Limited (Registered number: 07826433)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.11.24 30.11.23
£    £   
Bank loans 6,667 16,667
Other creditors 188,805 -
195,472 16,667

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
30.11.24 30.11.23
£    £   
Within one year 6,089 6,089
Between one and five years 1,015 7,103
7,104 13,192

10. SECURED DEBTS

The following secured debts are included within creditors:

30.11.24 30.11.23
£    £   
Other loans 202,018 -

The debts are secured by way of a fixed charge in favour of Aldermore Bank PLC dated 16 January 2024.

The debts are secured by way of a fixed & floating charge in favour of Aldermore Bank PLC dated 16 January 2024.