REGISTERED NUMBER: 11983320 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2025

for

Radcliffe Joinery Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Directors:

S A Radcliffe

L-K Radcliffe

Registered office:

19 The Acorns

Upton

Chester

CH2 1JL

Registered number:

11983320 (England and Wales)

Accountants:

Ellis & Co

Chartered Accountants

114-120 Northgate Street

Chester

CH1 2HT

Fixed assets

Tangible assets

4

13,887

948

Current assets

Debtors

5

10,729

27,598

Cash at bank

1,751

7,417

12,480

35,015

Creditors

Amounts falling due within one year

6

7,125

13,732

Net current assets

5,355

21,283

Total assets less current liabilities

19,242

22,231

Creditors

Amounts falling due after more than one year

7

(11,742

)

-

Provisions for liabilities

8

(615

)

(237

)

Net assets

6,885

21,994

Capital and reserves

Called up share capital

100

100

Retained earnings

6,785

21,894

Shareholders' funds

6,885

21,994

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2025 and were signed on its behalf by:

S A Radcliffe - Director

1.	Statutory information

Radcliffe 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.

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, excluding discounts, rebates, value added tax and other sales taxes.

Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles

-

20% on cost

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	Employees and directors

The average number of employees during the year was 2 (2024 - 2 ) .

4.	Tangible fixed assets

Motor

Computer

vehicles

equipment

Totals

£

£

£

Cost

At 1 June 2024

-

2,346

2,346

Additions

20,000

581

20,581

At 31 May 2025

20,000

2,927

22,927

Depreciation

At 1 June 2024

-

1,398

1,398

Charge for year

6,667

975

7,642

At 31 May 2025

6,667

2,373

9,040

Net book value

At 31 May 2025

13,333

554

13,887

At 31 May 2024

-

948

948

5.

Debtors: amounts falling due within one year

31/5/25

31/5/24

£

£

Trade debtors

200

-

Other debtors

10,529

27,598

10,729

27,598

6.

Creditors: amounts falling due within one year

31/5/25

31/5/24

£

£

Bank loans and overdrafts

2,074

-

Trade creditors

590

-

Taxation and social security

115

11,194

Other creditors

4,346

2,538

7,125

13,732

7.

Creditors: amounts falling due after more than one year

31/5/25

31/5/24

£

£

Bank loans

11,742

-

8.	Provisions for liabilities

31/5/25

31/5/24

£

£

Deferred tax

615

237

Deferred

tax

£

Balance at 1 June 2024

237

Provided during year

378

Balance at 31 May 2025

615

9.	Directors' advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 May 2025 and 31 May 2024:

31/5/25

31/5/24

£

£

S A Radcliffe

Balance outstanding at start of year

8,664

-

Amounts advanced

2,127

10,446

Amounts repaid

(10,791

)

(1,782

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

8,664

Loans to the director are unsecured and repayable on demand. The maximum balance outstanding during the year was £10,659. Repayments included £10,000 on 18 September 2024.

10.	Related party disclosures

The directors have made loans to the company. The balance on these loans at 31 May 2025 was £2,390. The loans are interest-free, unsecured and repayable on demand.