REGISTERED NUMBER: 07980394 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

FOR

AMPTHILL FIREPLACES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs T C Gray

J Gray

J Burke

SECRETARY:

REGISTERED OFFICE:

1 Bedford Street

Ampthill

Bedfordshire

MK45 2LU

REGISTERED NUMBER:

07980394 (England and Wales)

ACCOUNTANTS:

Bayler Wood Associates Ltd

Chartered Certified Accountants

2 Church Lane

Walgrave

Northamptonshire

NN6 9QH

FIXED ASSETS

Tangible assets

4

46,937

70,183

CURRENT ASSETS

Stocks

5

109,537

155,393

Debtors

6

285,350

319,787

Cash at bank and in hand

79,410

91,028

474,297

566,208

CREDITORS

Amounts falling due within one year

7

195,265

260,272

NET CURRENT ASSETS

279,032

305,936

TOTAL ASSETS LESS CURRENT LIABILITIES

325,969

376,119

CREDITORS

Amounts falling due after more than one year

8

(8,099

)

(25,723

)

PROVISIONS FOR LIABILITIES

(11,734

)

(17,545

)

NET ASSETS

306,136

332,851

CAPITAL AND RESERVES

Called up share capital

9

340

340

Retained earnings

305,796

332,511

SHAREHOLDERS' FUNDS

306,136

332,851

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 Income Statement has not been delivered.

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:

Mrs T C Gray - Director

J Gray - Director

J Burke - Director

1.	STATUTORY INFORMATION

Ampthill Fireplaces 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.

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.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

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.

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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 8 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 June 2024

10,940

15,136

98,147

31,901

156,124

Additions

-

-

-

1,817

1,817

At 31 May 2025

10,940

15,136

98,147

33,718

157,941

DEPRECIATION

At 1 June 2024

9,346

11,359

41,094

24,142

85,941

Charge for year

627

1,587

19,379

3,470

25,063

At 31 May 2025

9,973

12,946

60,473

27,612

111,004

NET BOOK VALUE

At 31 May 2025

967

2,190

37,674

6,106

46,937

At 31 May 2024

1,594

3,777

57,053

7,759

70,183

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 June 2024

and 31 May 2025

69,291

DEPRECIATION

At 1 June 2024

22,446

Charge for year

13,858

At 31 May 2025

36,304

NET BOOK VALUE

At 31 May 2025

32,987

At 31 May 2024

46,845

5.

STOCKS

31.5.25

31.5.24

£

£

Stocks

109,537

155,393

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade debtors

94,580

135,082

Other debtors

189,038

183,108

Prepayments

1,732

1,597

285,350

319,787

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Hire purchase contracts

17,624

7,393

Trade creditors

21,115

62,945

Social security and other taxes

38,937

47,418

VAT

19,847

26,698

Directors' current accounts

2,652

2,388

Sundry creditors and accruals

95,090

113,430

195,265

260,272

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.5.24

£

£

Hire purchase contracts

8,099

25,723

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.25

31.5.24

value:

£

£

205

Ordinary

£1

205

205

45

A Ordinary

£1

45

45

45

B Ordinary

£1

45

45

45

C Ordinary

£1

45

45

340

340