REGISTERED NUMBER: 13035025 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

L M EDWARDS BESPOKE CABINETRY & JOINERY

LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

L Edwards

REGISTERED OFFICE:

29 Gildredge Road

Eastbourne

East Sussex

BN21 4RU

BUSINESS ADDRESS:

Unit 3 Little Dale Workshops

Colliers Green

Cranbrook

TN17 2LS

REGISTERED NUMBER:

13035025 (England and Wales)

ACCOUNTANTS:

Advanta

Chartered Accountants

29 Gildredge Road

Eastbourne

East Sussex

BN21 4RU

FIXED ASSETS

Tangible assets

4

5,219

5,222

CURRENT ASSETS

Stocks

5

4,800

1,200

Debtors

6

17,138

20,886

Cash at bank

301

-

22,239

22,086

CREDITORS

Amounts falling due within one year

7

26,456

25,226

NET CURRENT LIABILITIES

(4,217

)

(3,140

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,002

2,082

PROVISIONS FOR LIABILITIES

8

992

1,306

NET ASSETS

10

776

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

9

775

SHAREHOLDERS' FUNDS

10

776

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 director acknowledges his 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 director and authorised for issue on 25 November 2025 and were signed by:

L Edwards - Director

1.	STATUTORY INFORMATION

L M Edwards Bespoke Cabinetry & Joinery 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.

These financial statements have been prepared on the basis that the company will continue to be a going concern. If this assumption is not considered valid, then adjustments would need to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that might arise and to reclassify fixed assets and long term liabilities as current assets and liabilities.

The validity of the going concern basis depends upon the continued support of the company bankers and the company director.

Turnover

Turnover represents carpentry & joinery goods and services provided net of value added tax and is recognised by reference to the stage of completion of contract.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant & machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

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

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant &

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 April 2024

8,745

3,000

11,745

Additions

1,738

-

1,738

At 31 March 2025

10,483

3,000

13,483

DEPRECIATION

At 1 April 2024

4,789

1,734

6,523

Charge for year

1,424

317

1,741

At 31 March 2025

6,213

2,051

8,264

NET BOOK VALUE

At 31 March 2025

4,270

949

5,219

At 31 March 2024

3,956

1,266

5,222

5.

STOCKS

2025

2024

£

£

Stocks

4,800

1,200

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

5,056

-

Amounts recoverable on contract

8,180

18,036

Other debtors

237

1,347

Directors' current accounts

2,523

-

Tax

852

1,410

Prepayments

290

93

17,138

20,886

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

11,249

12,074

Trade creditors

3,521

437

Tax

7,826

10,348

VAT

1,966

755

Accrued expenses

1,894

1,612

26,456

25,226

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

992

1,306

Deferred

tax

£

Balance at 1 April 2024

1,306

Provided during year

(314

)

Balance at 31 March 2025

992

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

2025

2024

£

£

L Edwards

Balance outstanding at start of year

-

4,069

Amounts advanced

2,523

-

Amounts repaid

-

(4,069

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

2,523

-

The loan is interest free and repayable on demand.