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Company No: 01410695 (England and Wales)

# INPUT JOINERY LIMITED

### UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH THE REGISTRAR

INPUT JOINERY LIMITED

## UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 MARCH 2025

Contents

INPUT JOINERY LIMITED

## BALANCE SHEET

AS AT 31 MARCH 2025
INPUT JOINERY LIMITED

## BALANCE SHEET (continued)

AS AT 31 MARCH 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 4 | 2,730,445 |  | 2,580,262
|  | 2,730,445 |  | 2,580,262
Current assets |  |  |  |
Stocks | 5 | 324,178 |  | 264,922
Debtors | 6 | 87,858 |  | 310,423
Cash at bank and in hand | 7 | 996,378 |  | 816,479
|  | 1,408,414 |  | 1,391,824
Creditors: amounts falling due within one year | 8 | ( 1,596,283) |  | ( 1,636,388)
Net current liabilities |  | (187,869) |  | (244,564)
Total assets less current liabilities |  | 2,542,576 |  | 2,335,698
Creditors: amounts falling due after more than one year | 9 | ( 152,463) |  | ( 254,466)
Provision for liabilities |  | ( 378,341) |  | ( 332,074)
Net assets |  | 2,011,772 |  | 1,749,158
Capital and reserves |  |  |  |
Called-up share capital | 10 | 1,000 |  | 1,000
Revaluation reserve |  | 185,564 |  | 192,986
Profit and loss account |  | 1,825,208 |  | 1,555,172
Total shareholders' funds |  | 2,011,772 |  | 1,749,158

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Input Joinery Limited (registered number: 01410695) were approved and authorised for issue by the Board of Directors on 03 October 2025. They were signed on its behalf by:

Mark Leslie Fisher Director |

INPUT JOINERY LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 MARCH 2025
INPUT JOINERY LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 MARCH 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Input 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 (£)
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 as modified by the revaluation of certain assets.

##### Foreign currency

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

##### Turnover

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

##### Employee benefits

Defined contribution schemes
The company operate a defined contribution executive pension scheme and a defined contribution staff pension scheme, each of which require contributions to be made to separately administered funds. Contributions to the two schemes are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

##### Taxation

Current tax
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.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings | 50 years straight line
Plant and machinery | 20 - 25 % reducing balance
Vehicles | 25 % reducing balance
Fixtures and fittings | 15 - 25 % reducing balance

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Leases

The Company as lessee
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

##### Stocks

Stocks are stated at the lower of cost and net realisable value.

##### Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

##### Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.
The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

##### Work in progress

Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

##### Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.
The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

##### 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. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 55 |  | 51

#### 3. Dividends on equity shares

| 2025 |  | 2024
| £ |  | £
Amounts recognised as distributions to equity holders in the financial year: |  |  |
Interim | 295,017 |  | 264,377

#### 4. Tangible assets

| Land and buildings |  | Plant and machinery |  | Vehicles |  | Fixtures and fittings |  | Total
| £ |  | £ |  | £ |  | £ |  | £
Cost/Valuation |  |  |  |  |  |  |  |  |
At 01 April 2024 | 1,218,333 |  | 3,053,439 |  | 343,625 |  | 129,763 |  | 4,745,160
Additions | 0 |  | 298,381 |  | 231,322 |  | 12,692 |  | 542,395
Disposals | 0 |  | ( 3,500) |  | ( 171,040) |  | 0 |  | ( 174,540)
At 31 March 2025 | 1,218,333 |  | 3,348,320 |  | 403,907 |  | 142,455 |  | 5,113,015
Accumulated depreciation |  |  |  |  |  |  |  |  |
At 01 April 2024 | 141,176 |  | 1,802,336 |  | 130,343 |  | 91,043 |  | 2,164,898
Charge for the financial year | 30,756 |  | 201,729 |  | 62,400 |  | 10,752 |  | 305,637
Disposals | 0 |  | ( 3,454) |  | ( 84,511) |  | 0 |  | ( 87,965)
At 31 March 2025 | 171,932 |  | 2,000,611 |  | 108,232 |  | 101,795 |  | 2,382,570
Net book value |  |  |  |  |  |  |  |  |
At 31 March 2025 | 1,046,401 |  | 1,347,709 |  | 295,675 |  | 40,660 |  | 2,730,445
At 31 March 2024 | 1,077,157 |  | 1,251,103 |  | 213,282 |  | 38,720 |  | 2,580,262

Revaluation of tangible assets

The freehold properties were valued by the directors during the 2019 year.
The directors believe this still to be a fair value of the property at the year end.
The revaluation of the company's freehold property if realised would result in a tax charge based on the company's existing tax status of £nil.
If freehold property had not been revalued they would have been included at the following historical cost:

| 2025 |  | 2024
| £ |  | £
Historical cost | 1,251,749 |  | 1,251,749
Accumulated depreciation | (405,348) |  | (384,764)
Carrying value | 846,401 |  | 866,985

Value of land in freehold land and buildings is £331,814 (2024 - £331,814).

#### 5. Stocks

| 2025 |  | 2024
| £ |  | £
Stocks | 161,524 |  | 177,451
Work in progress | 162,654 |  | 87,471
| 324,178 |  | 264,922

#### 6. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 61,431 |  | 253,964
Amounts owed by Group undertakings | 0 |  | 7,557
Other debtors | 26,427 |  | 48,902
| 87,858 |  | 310,423

#### 7. Cash and cash equivalents

| 2025 |  | 2024
| £ |  | £
Cash at bank and in hand | 996,378 |  | 816,479

#### 8. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Bank loans (secured) | 52,650 |  | 113,946
Trade creditors | 538,934 |  | 427,184
Amounts owed to Group undertakings | 16,160 |  | 0
Taxation and social security | 193,629 |  | 124,173
Obligations under finance leases and hire purchase contracts (secured) | 73,379 |  | 118,825
Other creditors | 721,531 |  | 852,260
| 1,596,283 |  | 1,636,388

#### 9. Creditors: amounts falling due after more than one year

| 2025 |  | 2024
| £ |  | £
Bank loans (secured) | 5,304 |  | 33,929
Obligations under finance leases and hire purchase contracts (secured) | 147,159 |  | 220,537
| 152,463 |  | 254,466

The bank loans are secured by way of a debenture over the freehold property in the company.
The hire purchase contracts are secured over the motor vehicles in the company to which they relate.

#### 10. Called-up share capital and reserves

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
1,000 Ordinary shares of £ 1.00 each | 1,000 |  | 1,000
Presented as follows: |  |  |
Called-up share capital presented as equity | 1,000 |  | 1,000

The Company's other reserves are as follows:
The profit and loss reserve represents cumulative profits or losses, net of dividends paid and other adjustments.
The revaluation reserve represents the cumulative effect of revaluations of freehold land and buildings which are revalued to fair value at each reporting date. There is a transfer each year for the difference between the original depreciation and the depreciation on the revalued amount of £7,422 between the revaluation reserve and the profit and loss reserve.

#### 11. Financial commitments

Other financial commitments

Total future financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £53,827 (2024: £60,553).
This amount is in relation to operating lease commitments which are payable over the next 2 years.

#### 12. Related party transactions

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with group companies where any subsidiary that is a party to the transaction is wholly owned within the group or where transactions have been undertaken under normal market conditions