Joinery Production Services Ltd

Contents

Statement of Financial Position	1
Notes to the Unaudited Financial Statements	2 to 6

Joinery Production Services Ltd

(Registration number: 15767645)
Statement of Financial Position as at 30 June 2025

	Note	2025 £
Fixed assets
Intangible assets	4	6,385
Current assets
Debtors	5	239
Cash at bank and in hand		49
		288
Creditors: Amounts falling due within one year	6	(14,723)
Net current liabilities		(14,435)
Net liabilities		(8,050)
Capital and reserves
Called up share capital		100
Profit and loss account		(8,150)
Shareholders' deficit		(8,050)

For the financial period ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Statement of Comprehensive Income.

Approved and authorised by the director on 30 October 2025
 

Mr A D Birch Director

Joinery Production Services Ltd

Notes to the Unaudited Financial Statements for the Period from 7 June 2024 to 30 June 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
26-28 Southernhay East
Exeter
Devon
EX1 1NS

Principal activity

The principal activity of the company is the development of software.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling which is the functional currency of the entity.

Going concern

The financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future. The validity of this assumption depends on the continued support from the company's director.

The director believes that it is appropriate for the financial statements to be prepared on the going concern basis.

Joinery Production Services Ltd

Notes to the Unaudited Financial Statements for the Period from 7 June 2024 to 30 June 2025 (continued)

2	Accounting policies (continued)

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Intangible assets

Intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Expenditure incurred during the development phase of an internal project is capitalised as an internally generated intangible asset if, and only if, an entity can demonstrate:

(a) the technical feasibility of completing the intangible asset so that it will be available for use or sale;
(b) its intention to complete the intangible asset and use or sell it;
(c) its ability to use or sell the intangible asset;
(d) how the intangible asset will generate probable future economic benefits;
(e) the availability of adequate technical, financial and other resources to complete the development and to use or sell the intangible asset; and
(f) its ability to measure reliably the expenditure attributable to the intangible asset during its development.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Computer software	5 years striaght line

Joinery Production Services Ltd

Notes to the Unaudited Financial Statements for the Period from 7 June 2024 to 30 June 2025 (continued)

2	Accounting policies (continued)

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. In the statement of financial position, bank overdrafts are shown within borrowing or current liabilities

Financial instruments

Recognition and measurement
A financial asset or a financial liability is recognised only when the company becomes party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

3	Staff numbers

The average number of persons employed by the company (including the director) during the period, was 0.

Joinery Production Services Ltd

Notes to the Unaudited Financial Statements for the Period from 7 June 2024 to 30 June 2025 (continued)

4	Intangible assets

	Computer software £	Total £
Cost or valuation
Additions acquired separately	7,981	7,981
At 30 June 2025	7,981	7,981
Amortisation
Amortisation charge	1,596	1,596
At 30 June 2025	1,596	1,596
Carrying amount
At 30 June 2025	6,385	6,385

5

Debtors

	2025 £
Other debtors	59
Prepayments	180
	239

6

Creditors

Creditors: amounts falling due within one year

	2025 £
Due within one year
Trade creditors	1,748
Accruals and deferred income	1,000
Other creditors	11,975
	14,723

7

Reserves

Profit and loss account:

This reserve records retained earnings and accumulated losses.

Joinery Production Services Ltd

Notes to the Unaudited Financial Statements for the Period from 7 June 2024 to 30 June 2025 (continued)

8	Related party transactions

Transactions with the director

2025	At 7 June 2024 £	Advances to director £	Repayments by director £	At 30 June 2025 £
	-	100	(8,045)	(7,945)