TAB CARPENTRY LTD

Company Registration Number:
09342669 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

TAB CARPENTRY LTD

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

TAB CARPENTRY LTD

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Fixed assets
Tangible assets: 3 3,232 5,239
Total fixed assets: 3,232 5,239
Current assets
Stocks: 2,710 2,271
Debtors: 4 5,799 15,984
Cash at bank and in hand: 520 32
Total current assets: 9,029 18,287
Creditors: amounts falling due within one year: 5 (27,285) (25,708)
Net current assets (liabilities): (18,256) (7,421)
Total assets less current liabilities: (15,024) (2,182)
Creditors: amounts falling due after more than one year: 6 (641) (2,020)
Total net assets (liabilities): (15,665) (4,202)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (15,765) (4,302)
Shareholders funds: (15,665) (4,202)

The notes form part of these financial statements

TAB CARPENTRY LTD

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 04 September 2025
and signed on behalf of the board by:

Name: Mr T Betts
Status: Director

The notes form part of these financial statements

TAB CARPENTRY LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.

Tangible fixed assets and depreciation policy

Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life. Equipment 20% straight line.

Valuation and information policy

Inventories. Stocks are stated at the lower of cost and net realisable value. Cost includes all costs incurred in bringing each product to its present location and condition.

Other accounting policies

1. Cash and cash equivalents. Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. 2. Short term debtors and creditors. Debtors and creditors receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in profit and loss. 3. Taxation. Corporation tax payable is provided on taxable profits at the current rate. Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively. 4. Employee benefits. The obligations for contributions to defined contribution scheme are recognised as an expense as incurred. The assets of the scheme are held separately from those of the Company in an independent administered fund.

TAB CARPENTRY LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 4 4

TAB CARPENTRY LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 17,244
At 31 December 2024 17,244
Depreciation
At 01 January 2024 12,005
Charge for year 2,007
At 31 December 2024 14,012
Net book value
At 31 December 2024 3,232
At 31 December 2023 5,239

TAB CARPENTRY LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

TAB CARPENTRY LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due within one year note

Bank loans and overdrafts £1,450. Corporation Tax £7,665. Director's loan account £1,218. Other taxes and social security £15,369. Accruals £1,583.

TAB CARPENTRY LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Creditors: amounts falling due after more than one year note

Bank loans due within 1-2 years £641.