REGISTERED NUMBER: 04932631 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JUNE 2024 TO 31 MARCH 2025

FOR

TURNER & TURNER (PRESTON) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M P J Bradshaw

Mr J Day

Mr B Halstead

Mr R C Lee

Ms L J Lord

Mr A R Manderfield

Mrs L Smith

Mr P F Tutin

REGISTERED OFFICE:

9 Victoria Road

Fulwood

Preston

PR2 8ND

REGISTERED NUMBER:

04932631 (England and Wales)

ACCOUNTANTS:

Turner & Turner (Preston) Ltd

Chartered Accountants

9 Victoria Rd

Fulwood

Preston

Lancashire

PR2 8ND

FIXED ASSETS

Intangible assets

4

300,000

300,000

Tangible assets

5

2,233

10,404

302,233

310,404

CURRENT ASSETS

Debtors

6

339,845

285,537

Cash at bank and in hand

34,822

133,468

374,667

419,005

CREDITORS

Amounts falling due within one year

7

126,452

142,169

NET CURRENT ASSETS

248,215

276,836

TOTAL ASSETS LESS CURRENT LIABILITIES

550,448

587,240

CREDITORS

Amounts falling due after more than one year

8

1,500

26,550

NET ASSETS

548,948

560,690

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

9

125,000

125,000

Retained earnings

423,848

435,590

SHAREHOLDERS' FUNDS

548,948

560,690

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

The members have not required the company to obtain an audit of its financial statements for the period 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 23 December 2025 and were signed on its behalf by:

Mrs C Clifton - Director

1.	STATUTORY INFORMATION

Turner & Turner (Preston) 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 as modified by the revaluation of certain assets.

Turnover

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

Goodwill

Goodwill was revalued in 2008 by the directors. The current market value of goodwill is in excess of that stated and therefore it has not been amortised.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost and 15% on cost

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 period was 10 (2024 - 12 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST OR VALUATION

At 1 June 2024

and 31 March 2025

300,000

NET BOOK VALUE

At 31 March 2025

300,000

At 31 May 2024

300,000

Cost or valuation at 31 March 2025 is represented by:

Goodwill

£

Valuation in 2008

125,000

Cost

175,000

300,000

Goodwill was revalued by the directors in 2008.

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2024

and 31 March 2025

97,345

DEPRECIATION

At 1 June 2024

86,941

Charge for period

8,171

At 31 March 2025

95,112

NET BOOK VALUE

At 31 March 2025

2,233

At 31 May 2024

10,404

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

135,795

92,844

Other debtors

204,050

192,693

339,845

285,537

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

29,003

38,069

Trade creditors

21,553

582

Taxation and social security

75,210

102,289

Other creditors

686

1,229

126,452

142,169

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

1,500

26,550

9.

RESERVES

Revaluation

reserve

£

At 1 June 2024

and 31 March 2025

125,000