Stafford Joinery Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 10573035

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		84,533		89,362

			84,533		89,362
CURRENT ASSETS
Debtors	6	53,858		42,100
Cash at bank and in hand		36,295		27,736

		90,153		69,836
Creditors: Amounts Falling Due Within One Year	7	(228,791 )		(167,834 )

NET CURRENT ASSETS (LIABILITIES)			(138,638 )		(97,998 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(54,105 )		(8,636 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(6,139 )		(6,139 )

NET LIABILITIES			(60,244 )		(14,775 )

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			(60,344 )		(14,875 )

SHAREHOLDERS' FUNDS			(60,244)		(14,775)

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Stafford Joinery Limited

Balance Sheet (continued)

As At 31 May 2025

For the year ending 31 May 2025 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr S A Edwards

Director

22 September 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Stafford Joinery Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10573035 . The registered office is Unit 2 Tilcon Avenue, Tilcon Industrial Estate, Stafford, Staffordshire, ST18 0YJ.

2. Accounting Policies

2.1. Basis of Preparation of 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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

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.

2.2. Going Concern Disclosure

On the basis that the directors and associated companies will continue to support the company for the foreseeable future, the accounts have been prepared on the going concern basis.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of joinery services

When the outcome of a transaction can be estimated reliably, turnover from joinery services is recognised by reference to the stage of completion at the balance sheet date. Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

2.4. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of five years.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	No depreciation
Plant & Machinery	Straight line over 5 years
Fixtures & Fittings	Straight line over 10 years
Computer Equipment	Straight line over 3 years

2.6. Leasing and Hire Purchase Contracts

Rentals payable and receivable under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

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Stafford Joinery Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2025

2.7. Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

2.8. Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

2.9. Long term contracts

Amounts recoverable on long term contracts, which are included in debtors, are stated at the net sales value of the work done after provision for contingencies and anticipated future losses on contracts, less amounts received as progress payments on account. Excess progress payments are included in creditors as payment on account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 6 (2024: 6)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 June 2024	4,150

As at 31 May 2025	4,150

Amortisation
As at 1 June 2024	4,150

As at 31 May 2025	4,150

Net Book Value
As at 31 May 2025	-

As at 1 June 2024	-

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Stafford Joinery Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2025

5. Tangible Assets

	Land & Buildings	Plant & Machinery etc.	Total
	£	£	£
Cost
As at 1 June 2024	62,611	48,752	111,363
Additions	-	349	349

As at 31 May 2025	62,611	49,101	111,712

Depreciation
As at 1 June 2024	-	22,001	22,001
Provided during the period	-	5,178	5,178

As at 31 May 2025	-	27,179	27,179

Net Book Value
As at 31 May 2025	62,611	21,922	84,533

As at 1 June 2024	62,611	26,751	89,362

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	47,691	31,486
Prepayments and accrued income	533	526
Other debtors	5,534	9,988
Amounts owed by group undertakings	100	100

	53,858	42,100

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	19,400	24,109
Other taxes and social security	6,170	4,970
VAT	13,276	5,746
Net wages	2,831	2,942
Other creditors	232	-
Accruals and deferred income	81,169	35,662
Amounts owed to group undertakings	105,713	94,405

	228,791	167,834

8. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
100 Ordinary Shares of £ 1.00 each	100	100

9. Ultimate Controlling Party

The parent company is R A Edwards Group Limited, the registered office of which is Unit 2 Tilcon Avenue, Tilcon Industrial Estate, Stafford, ST18 0YJ

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