REGISTERED NUMBER: 06497215 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Eaton Carpentry Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R C Eaton

REGISTERED OFFICE:

128 High Street

Crediton

Devon

EX17 3LQ

REGISTERED NUMBER:

06497215 (England and Wales)

ACCOUNTANTS:

Bedford & Co Ltd

128 High Street

Crediton

Devon

EX17 3LQ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

626,939

579,943

626,939

579,943

CURRENT ASSETS

Debtors

6

601,127

324,718

Cash at bank

-

84

601,127

324,802

CREDITORS

Amounts falling due within one year

7

569,764

266,773

NET CURRENT ASSETS

31,363

58,029

TOTAL ASSETS LESS CURRENT LIABILITIES

658,302

637,972

CREDITORS

Amounts falling due after more than one year

8

(208,040

)

(175,203

)

PROVISIONS FOR LIABILITIES

(1,649

)

(2,888

)

NET ASSETS

448,613

459,881

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

448,513

459,781

SHAREHOLDERS' FUNDS

448,613

459,881

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

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 director and authorised for issue on 11 September 2025 and were signed by:

R C Eaton - Director

1.	STATUTORY INFORMATION

Eaton Carpentry 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 company's place of business is 77 Fore Street, Topsham, Devon, EX3 0HQ.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable from the sale of services, excluding discounts, rebates, value added tax and other sales taxes.

Revenue is recognised when services are delivered to customers such that risks and rewards of ownership have been transferred to them and that there is sufficient reliable evidence that delivery of goods has occurred.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, has been fully amortised evenly over its estimated useful life of five 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 etc

-

25% on reducing balance and 20% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2024 - 22 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

35,000

AMORTISATION

At 1 April 2024

and 31 March 2025

35,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

568,390

40,826

609,216

Additions

49,870

-

49,870

At 31 March 2025

618,260

40,826

659,086

DEPRECIATION

At 1 April 2024

-

29,273

29,273

Charge for year

-

2,874

2,874

At 31 March 2025

-

32,147

32,147

NET BOOK VALUE

At 31 March 2025

618,260

8,679

626,939

At 31 March 2024

568,390

11,553

579,943

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

579,544

303,978

Other debtors

21,583

20,740

601,127

324,718

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

93,593

61,510

Trade creditors

236,194

96,140

Taxation and social security

62,150

90,515

Other creditors

177,827

18,608

569,764

266,773

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

208,040

175,203

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

126,618

114,803

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank loans

203,318

162,557