Turner Maintenance Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07450040

Turner Maintenance Limited

Unaudited financial statements

31 March 2025

Turner Maintenance Limited

Statement of financial position

31 March 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5		27,205		17,228

Current assets

Stocks		513	494
Debtors	6	66,739	56,229
Cash at bank and in hand		305,620	329,420
		---------	---------
		372,872	386,143

Creditors: Amounts falling due within one year	7	( 197,276)		( 211,134)
		---------		---------
Net current assets			175,596		175,009
			---------		---------
Total assets less current liabilities			202,801		192,237

Provisions

Taxation including deferred tax		( 5,155)		( 3,260)

Accruals and deferred income	( 17,423)	( 20,757)
	---------	---------
Net assets	180,223	168,220
	---------	---------

Capital and reserves

Called up share capital	8	200	200
Profit and loss account		180,023	168,020
		---------	---------
Shareholders funds		180,223	168,220
		---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Turner Maintenance Limited

Statement of financial position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 23 December 2025 , and are signed on behalf of the board by:

S C Simmons

Director

Company registration number: 07450040

Turner Maintenance Limited

Notes to the financial statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Bankside 300, Peachman Way, Broadland Business Park, Norwich, NR7 0LB. The trading address of the company is Milner Road, Sudbury, CO10 2XG.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis.The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for painting and decorating services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax ecognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and Machinery	-	15% reducing balance
Motor Vehicles	-	25% reducing balance

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Defined contribution pension plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of employees during the year was 4 (2024: 4 ).

5. Tangible assets

	Plant and machinery	Motor vehicles	Total
	£	£	£
Cost
At 1 April 2024	2,084	36,706	38,790
Additions	–	20,995	20,995
Disposals	–	( 14,758)	( 14,758)
	------	-------	-------
At 31 March 2025	2,084	42,943	45,027
	------	-------	-------
Depreciation
At 1 April 2024	827	20,735	21,562
Charge for the year	189	7,546	7,735
Disposals	–	( 11,475)	( 11,475)
	------	-------	-------
At 31 March 2025	1,016	16,806	17,822
	------	-------	-------
Carrying amount
At 31 March 2025	1,068	26,137	27,205
	------	-------	-------
At 31 March 2024	1,257	15,971	17,228
	------	-------	-------

6. Debtors

	2025	2024
	£	£
Trade debtors	106	28,651
Prepayments and accrued income	7,500	4,143
Amounts recoverable under contract	55,878	23,435
Other debtors	3,255	–
	-------	-------
	66,739	56,229
	-------	-------

7. Creditors: Amounts falling due within one year

	2025	2024
	£	£
Trade creditors	7,604	13,255
Social security and other taxes	15,274	26,821
Other creditors	174,398	171,058
	---------	---------
	197,276	211,134
	---------	---------

8. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary 'A' shares shares of £ 1 each	95	95	95	95
Ordinary 'B' shares shares of £ 1 each	85	85	85	85
Ordinary 'C' Shares shares of £ 1 each	10	10	10	10
Ordinary 'D' Shares shares of £ 1 each	10	10	10	10
	----	----	----	----
	200	200	200	200
	----	----	----	----