Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-312true2024-01-01falseBespoke joinery2trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11893858 2024-01-01 2024-12-31 11893858 2023-01-01 2023-12-31 11893858 2024-12-31 11893858 2023-12-31 11893858 c:Director2 2024-01-01 2024-12-31 11893858 d:PlantMachinery 2024-01-01 2024-12-31 11893858 d:PlantMachinery 2024-12-31 11893858 d:PlantMachinery 2023-12-31 11893858 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 11893858 d:MotorVehicles 2024-01-01 2024-12-31 11893858 d:MotorVehicles 2024-12-31 11893858 d:MotorVehicles 2023-12-31 11893858 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 11893858 d:OfficeEquipment 2024-01-01 2024-12-31 11893858 d:OfficeEquipment 2024-12-31 11893858 d:OfficeEquipment 2023-12-31 11893858 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 11893858 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 11893858 d:CurrentFinancialInstruments 2024-12-31 11893858 d:CurrentFinancialInstruments 2023-12-31 11893858 d:Non-currentFinancialInstruments 2024-12-31 11893858 d:Non-currentFinancialInstruments 2023-12-31 11893858 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 11893858 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 11893858 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 11893858 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 11893858 d:ShareCapital 2024-12-31 11893858 d:ShareCapital 2023-12-31 11893858 d:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 11893858 d:RetainedEarningsAccumulatedLosses 2024-12-31 11893858 d:RetainedEarningsAccumulatedLosses 2023-12-31 11893858 d:AcceleratedTaxDepreciationDeferredTax 2024-12-31 11893858 d:AcceleratedTaxDepreciationDeferredTax 2023-12-31 11893858 d:TaxLossesCarry-forwardsDeferredTax 2024-12-31 11893858 d:TaxLossesCarry-forwardsDeferredTax 2023-12-31 11893858 d:RetirementBenefitObligationsDeferredTax 2024-12-31 11893858 d:RetirementBenefitObligationsDeferredTax 2023-12-31 11893858 c:OrdinaryShareClass1 2024-01-01 2024-12-31 11893858 c:OrdinaryShareClass1 2024-12-31 11893858 c:OrdinaryShareClass1 2023-12-31 11893858 c:FRS102 2024-01-01 2024-12-31 11893858 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 11893858 c:FullAccounts 2024-01-01 2024-12-31 11893858 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11893858 d:WithinOneYear 2024-12-31 11893858 d:WithinOneYear 2023-12-31 11893858 2 2024-01-01 2024-12-31 11893858 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 11893858










SIMON MOORHOUSE BESPOKE JOINERY LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

 
SIMON MOORHOUSE BESPOKE JOINERY LIMITED
REGISTERED NUMBER: 11893858

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 5 
16,136
17,244

  
16,136
17,244

Current assets
  

Stocks
 6 
9,303
6,623

Debtors: amounts falling due within one year
 7 
38,591
3,094

Cash at bank and in hand
 8 
3,362
10,292

  
51,256
20,009

Creditors: amounts falling due within one year
 9 
(29,794)
(17,680)

Net current assets
  
 
 
21,462
 
 
2,329

Total assets less current liabilities
  
37,598
19,573

Creditors: amounts falling due after more than one year
 10 
(15,000)
(21,000)

Provisions for liabilities
  

Deferred tax
 11 
(3,060)
(2,413)

  
 
 
(3,060)
 
 
(2,413)

Net assets/(liabilities)
  
19,538
(3,840)


Capital and reserves
  

Called up share capital 
 12 
100
100

Profit and loss account
 13 
19,438
(3,940)

  
19,538
(3,840)


Page 1

 
SIMON MOORHOUSE BESPOKE JOINERY LIMITED
REGISTERED NUMBER: 11893858
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 28 July 2025.




J A Moorhouse
Director

The notes on pages 3 to 10 form part of these financial statements.

Page 2

 
SIMON MOORHOUSE BESPOKE JOINERY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Simon Moorhouse Bespoke Joinery Limited, 11893858, is a private company limited by shares, incorporated in England and Wales, with its registered office and principle place of business at Unit 3-4 Maesyllan Industrial Estate, Llanidloes, Powys, SY18 6YU.
The principal activity of the company during the year was that of carpentry.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as 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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
SIMON MOORHOUSE BESPOKE JOINERY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.5

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
SIMON MOORHOUSE BESPOKE JOINERY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)


2.6
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
25%
Motor vehicles
-
25%
Office equipment
-
25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 5

 
SIMON MOORHOUSE BESPOKE JOINERY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.11

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.12

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Judgements in applying accounting policies and key sources of estimation uncertainty

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations or future events that are believed to be reasonable under the circumstances.
The Company makes estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, seldom equal the related actual results. In the opinion of the directors there are no estimates nor assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.


4.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 6

 
SIMON MOORHOUSE BESPOKE JOINERY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

5.


Tangible fixed assets





Plant and machinery
Motor vehicles
Office equipment
Total

£
£
£
£



Cost or valuation


At 1 January 2024
13,735
20,466
2,263
36,464


Additions
1,800
-
-
1,800



At 31 December 2024

15,535
20,466
2,263
38,264



Depreciation


At 1 January 2024
9,668
8,307
1,245
19,220


Charge for the year on owned assets
1,092
1,540
276
2,908



At 31 December 2024

10,760
9,847
1,521
22,128



Net book value



At 31 December 2024
4,775
10,619
742
16,136



At 31 December 2023
4,068
12,159
1,017
17,244

Page 7

 
SIMON MOORHOUSE BESPOKE JOINERY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

6.


Stocks

2024
2023
£
£

Raw materials and consumables
9,303
6,623

9,303
6,623



7.


Debtors

2024
2023
£
£


Trade debtors
38,177
2,533

Other debtors
234
234

Prepayments and accrued income
180
327

38,591
3,094



8.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
3,362
10,292

3,362
10,292



9.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
2,164
3,943

Other taxation and social security
12,903
433

Other creditors
9,629
11,557

Accruals and deferred income
5,098
1,747

29,794
17,680


Page 8

 
SIMON MOORHOUSE BESPOKE JOINERY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

10.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Other creditors
15,000
21,000

15,000
21,000



11.


Deferred taxation




2024


£






At beginning of year
2,413


Charged to profit or loss
647



At end of year
3,060

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
3,066
3,277

Tax losses carried forward
-
(858)

Pension surplus
(6)
(6)

3,060
2,413


12.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
100
100



13.


Reserves

Profit and loss account

The profit and loss account represents the accumulated profits of the Company since incorporation less distributions made to shareholders.

Page 9

 
SIMON MOORHOUSE BESPOKE JOINERY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

14.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £709 (2023: £709). Contributions totalling £84 (2023: £84) were payable to the fund at the balance sheet date.


15.


Commitments under operating lease

At 31 December 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
1,167
1,167

1,167
1,167

 
Page 10