Balmoral Joinery Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04683900 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Balmoral Joinery Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTORS:

G Elliott

J K Elliott

REGISTERED OFFICE:

3 Berrymoor Court

Northumberland Business Park

Cramlington

Northumberland

NE23 7RZ

REGISTERED NUMBER:

04683900 (England and Wales)

ACCOUNTANTS:

AWS Accountancy Limited

3 Berrymoor Court

Northumberland Business Park

Cramlington

Northumberland

NE23 7RZ

FIXED ASSETS

Tangible assets

4

48,745

51,785

CURRENT ASSETS

Stocks

4,895

5,935

Debtors

5

60,644

51,017

Cash at bank and in hand

142,702

169,573

208,241

226,525

CREDITORS

Amounts falling due within one year

6

159,203

165,712

NET CURRENT ASSETS

49,038

60,813

TOTAL ASSETS LESS CURRENT
LIABILITIES

97,783

112,598

CREDITORS

Amounts falling due after more than one
year

7

1,667

11,667

NET ASSETS

96,116

100,931

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

96,016

100,831

SHAREHOLDERS' FUNDS

96,116

100,931

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 December 2025 and were signed on its behalf by:

J K Elliott - Director

1.	STATUTORY INFORMATION

Balmoral 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.

Improvements to property

-

No Depreciation

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

15% 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.

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.

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 12 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Improvements

Plant and

land

to property

machinery

£

COST

At 1 April 2024

5,903

25,305

29,542

Additions

-

478

At 31 March 2025

5,903

25,305

30,020

DEPRECIATION

At 1 April 2024

-

17,866

Charge for year

-

1,823

At 31 March 2025

-

19,689

NET BOOK VALUE

At 31 March 2025

5,903

25,305

10,331

At 31 March 2024

5,903

25,305

11,676

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

COST

At 1 April 2024

9,041

6,395

4,481

80,667

Additions

-

478

At 31 March 2025

9,041

6,395

4,481

81,145

DEPRECIATION

At 1 April 2024

6,657

2,798

1,561

28,882

Charge for year

358

899

438

3,518

At 31 March 2025

7,015

3,697

1,999

32,400

NET BOOK VALUE

At 31 March 2025

2,026

2,698

2,482

48,745

At 31 March 2024

2,384

3,597

2,920

51,785

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

-

13,749

Directors' loan accounts

54,030

36,135

VAT

5,637

-

Prepayments

977

1,133

60,644

51,017

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Bank loans and overdrafts

10,000

Trade creditors

56,484

56,136

Tax

13,376

15,069

Social security and other taxes

9,912

10,464

VAT

-

1,099

Other creditors

637

-

Accrued expenses

1,620

Intercompany loan

67,174

71,324

159,203

165,712

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.25

31.3.24

£

Bank loans - 2-5 years

1,667

11,667

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31.3.25

31.3.24

£

G Elliott and J K Elliott

Balance outstanding at start of year

36,135

26,435

Amounts advanced

54,030

36,200

Amounts repaid

(36,135

)

(26,500

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

54,030

36,135

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2025 set out on pages one to six and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

AWS Accountancy Limited

3 Berrymoor Court

Northumberland Business Park

Cramlington

Northumberland

NE23 7RZ

16 December 2025