1 January 2024 false No description of principal activity Taxfiler 2024.6 04321836business:PrivateLimitedCompanyLtd2024-01-012024-12-31 043218362023-12-31 043218362024-01-012024-12-31 04321836business:AuditExempt-NoAccountantsReport2024-01-012024-12-31 04321836business:FilletedAccounts2024-01-012024-12-31 043218362024-12-31 04321836business:Director12024-01-012024-12-31 04321836business:Director22024-01-012024-12-31 04321836business:CompanySecretary12024-01-012024-12-31 04321836business:RegisteredOffice2024-01-012024-12-31 043218362023-12-31 04321836core:WithinOneYear2024-12-31 04321836core:WithinOneYear2023-12-31 04321836core:AfterOneYear2024-12-31 04321836core:AfterOneYear2023-12-31 04321836core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 04321836core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 04321836core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 04321836core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 04321836core:PreviouslyStatedAmount2024-12-31 04321836core:PreviouslyStatedAmount2023-12-31 04321836business:SmallEntities2024-01-012024-12-31 04321836countries:EnglandWales2024-01-012024-12-31 04321836core:PlantMachinery2024-01-012024-12-31 04321836core:MotorVehicles2024-01-012024-12-31 04321836core:ComputerEquipment2024-01-012024-12-31 04321836core:PlantMachinery2023-12-31 04321836core:MotorVehicles2023-12-31 04321836core:ComputerEquipment2023-12-31 04321836core:PlantMachinery2024-12-31 04321836core:MotorVehicles2024-12-31 04321836core:ComputerEquipment2024-12-31 043218362023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 04321836 (England and Wales)
Secondfix Timber Limited Unaudited accounts for the year ended 31 December 2024
Secondfix Timber Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Secondfix Timber Limited Company Information for the year ended 31 December 2024
Directors
Stephen Clarke Robin Last
Secretary
1
Company Number
04321836 (England and Wales)
Registered Office
Unit 3, Wetherden Business Park Wetherden Stowmarket IP14 3JU
Accountants
Beaumara Ltd 10 Gaskin Way Attleborough Norfolk NR17 1SU
- 3 -
Secondfix Timber Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
40,372 
50,315 
Current assets
Inventories
37,965 
70,080 
Debtors
5
84,823 
54,951 
Cash at bank and in hand
53,138 
44,305 
175,926 
169,336 
Creditors: amounts falling due within one year
6
(74,437)
(51,278)
Net current assets
101,489 
118,058 
Total assets less current liabilities
141,861 
168,373 
Creditors: amounts falling due after more than one year
7
(17,906)
(57,274)
Net assets
123,955 
111,099 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
123,855 
110,999 
Shareholders' funds
123,955 
111,099 
For the year ending 31 December 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by
Stephen Clarke Director Company Registration No. 04321836
- 4 -
Secondfix Timber Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Secondfix Timber Limited is a private company, limited by shares, registered in England and Wales, registration number 04321836. The registered office is Unit 3, Wetherden Business Park, Wetherden, Stowmarket, IP14 3JU.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% & 25% Reducing Balance
Motor vehicles
25% Reducing Balance
Computer equipment
25% Straight Line
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2024
208,251 
42,500 
8,155 
258,906 
Additions
1,521 
- 
1,162 
2,683 
At 31 December 2024
209,772 
42,500 
9,317 
261,589 
Depreciation
At 1 January 2024
181,067 
24,063 
3,461 
208,591 
Charge for the year
6,058 
4,609 
1,959 
12,626 
At 31 December 2024
187,125 
28,672 
5,420 
221,217 
Net book value
At 31 December 2024
22,647 
13,828 
3,897 
40,372 
At 31 December 2023
27,184 
18,437 
4,694 
50,315 
- 5 -
Secondfix Timber Limited Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
84,823 
38,334 
Other debtors
- 
16,617 
84,823 
54,951 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
14,617 
10,149 
VAT
31,784 
17,767 
Obligations under finance leases and hire purchase contracts
2,459 
7,074 
Trade creditors
13,129 
7,302 
Taxes and social security
9,844 
7,083 
Loans from directors
204 
203 
Accruals
2,400 
1,700 
74,437 
51,278 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
17,906 
54,814 
Obligations under finance leases and hire purchase contracts
- 
2,460 
17,906 
57,274 
8
Average number of employees
During the year the average number of employees was 7 (2023: 7).
- 6 -