REGISTERED NUMBER: 09707834 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2025

for

Barn Joinery Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

K McGreevy

S McGreevy

SECRETARY:

REGISTERED OFFICE:

398 Coast Road

Pevensey Bay

East Sussex

BN24 6NY

REGISTERED NUMBER:

09707834 (England and Wales)

ACCOUNTANTS:

Stone's Accountancy Sussex Limited

398 Coast Road

Pevensey Bay

Pevensey

East Sussex

BN24 6NY

FIXED ASSETS

Tangible assets

4

14,516

14,631

CURRENT ASSETS

Stocks

20,148

12,979

Debtors

5

14,783

13,437

Cash at bank and in hand

33,229

33,361

68,160

59,777

CREDITORS

Amounts falling due within one year

6

32,127

18,455

NET CURRENT ASSETS

36,033

41,322

TOTAL ASSETS LESS CURRENT LIABILITIES

50,549

55,953

CREDITORS

Amounts falling due after more than one year

7

(7,130

)

(12,643

)

PROVISIONS FOR LIABILITIES

(1,320

)

(1,649

)

NET ASSETS

42,099

41,661

CAPITAL AND RESERVES

Called up share capital

20

20

Retained earnings

42,079

41,641

SHAREHOLDERS' FUNDS

42,099

41,661

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 15 December 2025 and were signed on its behalf by:

K McGreevy - Director

S McGreevy - Director

1.	STATUTORY INFORMATION

Barn 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.

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.

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Stocks

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

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 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.

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 4 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 May 2024

24,057

14,795

2,497

41,349

Additions

-

-

3,117

3,117

At 30 April 2025

24,057

14,795

5,614

44,466

DEPRECIATION

At 1 May 2024

14,015

11,693

1,010

26,718

Charge for year

2,009

620

603

3,232

At 30 April 2025

16,024

12,313

1,613

29,950

NET BOOK VALUE

At 30 April 2025

8,033

2,482

4,001

14,516

At 30 April 2024

10,042

3,102

1,487

14,631

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/4/25

30/4/24

£

£

Trade debtors

14,783

13,437

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/4/25

30/4/24

£

£

Trade creditors

18,356

6,729

Social security and other taxes

2,034

1,937

VAT

10,267

8,700

Directors' loan accounts

197

188

Accrued expenses

1,273

901

32,127

18,455

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30/4/25

30/4/24

£

£

Bank loans (see note 8)

7,067

12,643

Other loans (see note 8)

63

-

7,130

12,643

8.

LOANS

An analysis of the maturity of loans is given below:

30/4/25

30/4/24

£

£

Amounts falling due between one and two years:

Other loans - 1-2 years

63

-

Amounts falling due between two and five years:

Bank loans - 2-5 years

7,067

12,643

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the directors loan account shown on the balance sheet was owed to the directors of the company. There was no interest charges and the loan is repayable on demand.