G. Whittle Joiners & Builders Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 08029100 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

G. Whittle Joiners & Builders Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr H G Whittle

Mrs C A Whittle

Mr P Whittle

REGISTERED OFFICE:

352 Tag Lane

Ingol

Preston

Lancashire

PR2 3UY

REGISTERED NUMBER:

08029100 (England and Wales)

ACCOUNTANTS:

McDade Roberts Accountants Limited

Chartered Accountants

316 Blackpool Road

Fulwood

Preston

Lancashire

PR2 3AE

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

382,620

332,122

382,620

332,122

CURRENT ASSETS

Stocks

61,812

50,498

Debtors

6

787,321

638,161

Cash at bank

1,403,912

1,088,478

2,253,045

1,777,137

CREDITORS

Amounts falling due within one year

7

290,110

318,621

NET CURRENT ASSETS

1,962,935

1,458,516

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,345,555

1,790,638

PROVISIONS FOR LIABILITIES

40,695

27,628

NET ASSETS

2,304,860

1,763,010

CAPITAL AND RESERVES

Called up share capital

101

Retained earnings

2,304,759

1,762,909

SHAREHOLDERS' FUNDS

2,304,860

1,763,010

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 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 18 September 2025 and were signed on its behalf by:

Mr H G Whittle - Director

Mrs C A Whittle - Director

Mr P Whittle - Director

1.	STATUTORY INFORMATION

G. Whittle Joiners & Builders Ltd 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.

Income recognition

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of ten 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.

Freehold property

-

not provided

Plant and machinery

-

20% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

33% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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 11 (2024 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

33,000

AMORTISATION

At 1 April 2024

and 31 March 2025

33,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

Computer

property

machinery

vehicles

equipment

Totals

£

COST

At 1 April 2024

219,815

176,839

196,584

15,194

608,432

Additions

-

23,091

95,275

374

118,740

Disposals

-

(21,912

)

-

(21,912

)

At 31 March 2025

219,815

199,930

269,947

15,568

705,260

DEPRECIATION

At 1 April 2024

-

130,573

133,833

11,904

276,310

Charge for year

-

24,074

42,160

2,008

68,242

Eliminated on disposal

-

(21,912

)

-

(21,912

)

At 31 March 2025

-

154,647

154,081

13,912

322,640

NET BOOK VALUE

At 31 March 2025

219,815

45,283

115,866

1,656

382,620

At 31 March 2024

219,815

46,266

62,751

3,290

332,122

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

474,734

321,414

Other debtors

66,532

74,064

Directors' loan accounts

199,751

203,247

VAT

34,658

31,755

Prepayments

11,646

7,681

787,321

638,161

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade creditors

57,150

69,653

Tax

210,162

227,680

Social security and other taxes

8,181

9,935

Pension Creditor

735

593

Directors' loan accounts

9,860

6,693

Accrued expenses

4,022

4,067

290,110

318,621

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31.3.25

31.3.24

£

Mr P Whittle

Balance outstanding at start of year

203,247

204,713

Amounts advanced

70,115

81,160

Amounts repaid

(73,611

)

(82,626

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

199,751

203,247