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REGISTERED NUMBER: 04622989 (England and Wales)















W D JOINERY LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025






W D JOINERY LTD (REGISTERED NUMBER: 04622989)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


W D JOINERY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2025







DIRECTOR: W B W Daniel





SECRETARY: Ms S Trew





REGISTERED OFFICE: 37 Mill Street
Bideford
DEVON
EX39 2JJ





REGISTERED NUMBER: 04622989 (England and Wales)





ACCOUNTANTS: Jane Maynard Limited
T/A Maynard Johns
37 Mill Street
Bideford
DEVON
EX39 2JJ

W D JOINERY LTD (REGISTERED NUMBER: 04622989)

ABRIDGED BALANCE SHEET
28 FEBRUARY 2025

2025 2024
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 19,096 22,197
Investments 6 9 9
19,105 22,206

CURRENT ASSETS
Stocks 18,873 19,282
Debtors 233,173 192,822
Cash at bank 822,519 914,614
1,074,565 1,126,718
CREDITORS
Amounts falling due within one year (113,033 ) (141,906 )
NET CURRENT ASSETS 961,532 984,812
TOTAL ASSETS LESS CURRENT
LIABILITIES

980,637

1,007,018

PROVISIONS FOR LIABILITIES (2,964 ) (4,201 )
NET ASSETS 977,673 1,002,817

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 977,671 1,002,815
SHAREHOLDERS' FUNDS 977,673 1,002,817

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

W D JOINERY LTD (REGISTERED NUMBER: 04622989)

ABRIDGED BALANCE SHEET - continued
28 FEBRUARY 2025


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 28 February 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 10 June 2025 and were signed by:





W B W Daniel - Director


W D JOINERY LTD (REGISTERED NUMBER: 04622989)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

1. STATUTORY INFORMATION

W D Joinery Ltd 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 as modified by the revaluation of certain 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2002, has been fully amortised over its useful life of 20 years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Leasehold Improvements - 10% on cost
Plant and machinery etc - 33% on cost, 25% on cost and 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

W D JOINERY LTD (REGISTERED NUMBER: 04622989)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025

2. ACCOUNTING POLICIES - continued

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.

Amounts recoverable on contracts
Amounts recoverable on contracts, which are included in debtors, are stated at the net sales value of the work done after provisions for contingencies and anticipated future losses on contracts, less amount received as progress payments on account. Excess progress payments are included in creditors as payments received on account.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 11 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2024
and 28 February 2025 55,000
AMORTISATION
At 1 March 2024
and 28 February 2025 55,000
NET BOOK VALUE

At 28 February 2025 -
At 29 February 2024 -

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2024 214,040
Additions 4,870
Disposals (8,640 )
At 28 February 2025 210,270
DEPRECIATION
At 1 March 2024 191,843
Charge for year 7,768
Eliminated on disposal (8,437 )
At 28 February 2025 191,174
NET BOOK VALUE
At 28 February 2025 19,096
At 29 February 2024 22,197

W D JOINERY LTD (REGISTERED NUMBER: 04622989)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025

6. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST OR VALUATION
At 1 March 2024
and 28 February 2025 9
NET BOOK VALUE
At 28 February 2025 9
At 29 February 2024 9

Cost or valuation at 28 February 2025 is represented by:
Totals
£   
Valuation in 2021 198,993
Valuation in 2022 92,476
Valuation in 2023 (121,460 )
Valuation in 2024 (170,000 )
9

If Fixed asset investments had not been revalued they would have been included at the following historical cost:

2025 2024
£    £   
Cost 9 9

Fixed asset investments were valued on an open market basis on 5 April 2025 by Transact .