REGISTERED NUMBER: 06772341 (England and Wales)

Roger Coe Joinery Limited

Unaudited Financial Statements

for the Year Ended 31st December 2024

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

R Coe

S L Adkins

SECRETARY:

Mrs T L Adkins

REGISTERED OFFICE:

310 Wellingborough Road

Northampton

Northamptonshire

NN1 4EP

BUSINESS ADDRESS:

87-89 Bailiff Street

Northampton

NN1 3EA

REGISTERED NUMBER:

06772341 (England and Wales)

ACCOUNTANTS:

Cheney & Co

310 Wellingborough Road

Northampton

NN1 4EP

FIXED ASSETS

Intangible assets

5

44,000

55,000

Tangible assets

6

49,526

63,057

93,526

118,057

CURRENT ASSETS

Stocks

24,000

24,000

Debtors

7

149,557

203,194

Cash at bank and in hand

199,297

179,659

372,854

406,853

CREDITORS

Amounts falling due within one year

8

86,521

106,671

NET CURRENT ASSETS

286,333

300,182

TOTAL ASSETS LESS CURRENT LIABILITIES

379,859

418,239

CREDITORS

Amounts falling due after more than one year

9

(30,600

)

(32,704

)

PROVISIONS FOR LIABILITIES

10

(9,600

)

(6,900

)

NET ASSETS

339,659

378,635

CAPITAL AND RESERVES

Called up share capital

11

100

100

Retained earnings

339,559

378,535

SHAREHOLDERS' FUNDS

339,659

378,635

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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 1st May 2025 and were signed on its behalf by:

S L Adkins - Director

1.	STATUTORY INFORMATION

Roger Coe Joinery 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 (£).

The principal activity of the company was that of joinery manufacturing.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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 2008, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st January 2024

and 31st December 2024

220,000

AMORTISATION

At 1st January 2024

165,000

Charge for year

11,000

At 31st December 2024

176,000

NET BOOK VALUE

At 31st December 2024

44,000

At 31st December 2023

55,000

6.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1st January 2024

16,919

5,086

109,980

5,035

137,020

Additions

5,010

-

-

915

5,925

At 31st December 2024

21,929

5,086

109,980

5,950

142,945

DEPRECIATION

At 1st January 2024

16,178

4,733

48,032

5,020

73,963

Charge for year

1,447

90

17,614

305

19,456

At 31st December 2024

17,625

4,823

65,646

5,325

93,419

NET BOOK VALUE

At 31st December 2024

4,304

263

44,334

625

49,526

At 31st December 2023

741

353

61,948

15

63,057

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

122,821

179,740

Other debtors

26,736

23,454

149,557

203,194

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Hire purchase contracts

2,105

1,158

Trade creditors

65,010

65,889

Taxation and social security

15,685

23,994

Other creditors

3,721

15,630

86,521

106,671

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Hire purchase contracts

30,600

32,704

10.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

9,600

6,900

Deferred

tax

£

Balance at 1st January 2024

6,900

Charge to Income Statement during year

2,700

Balance at 31st December 2024

9,600

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

1

100

100

12.	CONTINGENT LIABILITIES

There were no contingent liabilities as at 31st December 2024 or 31st December 2023.

13.	CAPITAL COMMITMENTS

There were no capital commitments as at 31st December 2024 or 31st December 2023.