Stuart Humphreys Carpentry Limited iXBRL

Stuart Humphreys Carpentry Limited

Directors' Report and Unaudited Financial Statements

for the financial year ended 31 March 2025

Stuart Humphreys Carpentry Limited

DIRECTORS AND OTHER INFORMATION


Directors	Mr Stuart Humphreys
	Mrs Sally Humphreys


Company Registration Number	07693598


Registered Office	16 Godden Road
	Snodland
	Kent
	ME6 5HF
	United Kingdom


Accountants	JLK Associates Limited
	145
	Junction Road
	London
	N19 5PX
	United Kingdom

Stuart Humphreys Carpentry Limited

DIRECTORS' REPORT

for the financial year ended 31 March 2025

The directors present their report and the unaudited financial statements for the financial year ended 31 March 2025.

Directors

The directors who served during the financial year are as follows:

Mr Stuart Humphreys

Mrs Sally Humphreys

There were no changes in shareholdings between 31 March 2025 and the date of signing the financial statements.

In accordance with the Constitution, the directors retire by rotation and, being eligible, offer themselves for re-election.

Political Contributions

The company did not make any disclosable political donations in the current financial year.

Statement of Directors' Responsibilities

The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Entities). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing these financial statements, the directors are required to:

select suitable accounting policies and apply them consistently;

make judgements and accounting estimates that are reasonable and prudent;

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Special provisions relating to small companies

The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

On behalf of the board

___________________________

Mr Stuart Humphreys

Director

1 December 2025

Stuart Humphreys Carpentry Limited

ACCOUNTANTS REPORT

to the Board of Directors on the Compilation of the unaudited financial statements of Stuart Humphreys Carpentry Limited

for the financial year ended 31 March 2025

In accordance with the engagement letter and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled for your approval the financial statements of the company for the financial year ended 31 March 2025 as set out on pages to which comprise the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given to us.

This report is made solely to the Board of Directors of Stuart Humphreys Carpentry Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company’s Board of Directors that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and its Board of Directors, as a body, for our work or for this report.

We have carried out this engagement in accordance with guidance issued by and have complied with the relevant ethical guidance laid down by relating to members undertaking the compilation of financial statements.

You have acknowledged on the Balance Sheet for the year ended 31 March 2025 your duty to ensure that Stuart Humphreys Carpentry Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Stuart Humphreys Carpentry Limited. You consider that Stuart Humphreys Carpentry Limited is exempt from the statutory audit requirement for the financial year.

We have not been instructed to carry out an audit or a review of the financial statements of Stuart Humphreys Carpentry Limited. For this reason, we have not verified the adequacy, accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

__________________________________

JLK ASSOCIATES LIMITED

145

Junction Road

London

N19 5PX

United Kingdom

1 December 2025

Stuart Humphreys Carpentry Limited

PROFIT AND LOSS ACCOUNT

for the financial year ended 31 March 2025

	2025	2024
Notes	£	£

Turnover	149,695	137,242

Cost of sales	(59,532)	(45,903)
	─────────	─────────
Gross profit	90,163	91,339

Administrative expenses	(21,265)	(29,704)
	─────────	─────────
Operating profit	68,898	61,635

Interest receivable and similar income	11	-
Interest payable and similar charges	-	(1)
	─────────	─────────
Profit on ordinary activities before taxation	68,909	61,634

Tax on profit on ordinary activities	(14,684)	(13,433)
	─────────	─────────
Profit for the financial year	54,225	48,201
	─────────	─────────
Total comprehensive income	54,225	48,201
	═════════	═════════

Stuart Humphreys Carpentry Limited

Company Registration Number: 07693598

BALANCE SHEET

as at 31 March 2025

		2025	2024
	Notes	£	£

Fixed Assets

Tangible assets

8,392

10,234

─────────

Current Assets

Debtors

304

552

Cash and cash equivalents

13,442

14,232

─────────

13,746

14,784

─────────

Creditors: amounts falling due within one year

(16,803)

(15,365)

─────────

Net Current Liabilities

(3,057)

(581)

─────────

Total Assets less Current Liabilities

5,335

9,653

Creditors:

amounts falling due after more than one year

(3,741)

(6,500)

─────────

Net Assets

1,594

3,153

═════════

Capital and Reserves

Called up share capital

Retained earnings

1,592

3,151

─────────

Equity attributable to owners of the company

1,594

3,153

═════════

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Board and authorised for issue on 1 December 2025 and signed on its behalf by



________________________________
Mr Stuart Humphreys
Director

Stuart Humphreys Carpentry Limited

STATEMENT OF CHANGES IN EQUITY

as at 31 March 2025

	Called up	Retained	Total
	share	earnings
	capital
	£	£	£

At 1 April 2023	2	37	39
	─────────	─────────	─────────
Profit for the financial year	-	48,201	48,201
	─────────	─────────	─────────
Payment of dividends	-	(45,087)	(45,087)
	─────────	─────────	─────────
At 31 March 2024	2	3,151	3,153
	─────────	─────────	─────────
Profit for the financial year	-	54,225	54,225
	─────────	─────────	─────────
Payment of dividends	-	(55,784)	(55,784)
	─────────	─────────	─────────
At 31 March 2025	2	1,592	1,594
	═════════	═════════	═════════

Stuart Humphreys Carpentry Limited

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 March 2025

General Information

Stuart Humphreys Carpentry Limited is a company limited by shares incorporated and registered in the United Kingdom. The registered number of the company is 07693598. The registered office of the company is 16 Godden Road, Snodland, Kent, ME6 5HF, United Kingdom. joinery installation The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 31 March 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Turnover

Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Intangible assets

Intangible assets are valued at cost less accumulated amortisation.

Goodwill

Purchased goodwill arising on the acquisition of a business represents the excess of the acquisition cost over the fair value of the identifiable net assets including other intangible fixed assets when they were acquired. Purchased goodwill is capitalised in the Balance Sheet and amortised on a straight line basis over its economic useful life of 0 years, which is estimated to be the period during which benefits are expected to arise. On disposal of a business any goodwill not yet amortised is included in determining the profit or loss on sale of the business.

Tangible assets and depreciation

Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:

Plant and machinery

15% Straight line

Motor vehicles

25% Straight line

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Leasing

Rentals payable under operating leases are dealt with in the Profit and Loss Account as incurred over the period of the rental agreement.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Borrowing costs

Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Employee benefits

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.

Research and development

Development expenditure is written off in the same financial year unless the directors are satisfied as to the technical, commercial and financial viability of individual projects. In this situation, the expenditure is deferred and amortised over the period from which the company is expected to benefit.

Ordinary share capital

The ordinary share capital of the company is presented as equity.

Employees

The average monthly number of employees, including directors, during the financial year was 0, (2024 - 0).


4.	Intangible assets
		Development
		Costs	Total
		£	£
	Cost
	At 1 April 2024	90,000	90,000
		─────────	─────────

	At 31 March 2025	90,000	90,000
		─────────	─────────
	Amortisation

	At 31 March 2025	-	90,000
		─────────	─────────
	Net book value
	At 31 March 2025	90,000	-
		═════════	═════════
	At 31 March 2024	90,000	-


5.	Tangible assets
		Plant and	Motor	Total
		machinery	vehicles

		£	£	£
	Cost
	At 1 April 2024	5,875	24,830	30,705
		─────────	─────────	─────────

	At 31 March 2025	5,875	24,830	30,705
		─────────	─────────	─────────
	Depreciation
	At 1 April 2024	5,875	14,596	20,471
	Charge for the financial year	-	1,842	1,842
		─────────	─────────	─────────
	At 31 March 2025	5,875	16,438	22,313
		─────────	─────────	─────────
	Net book value
	At 31 March 2025	-	8,392	8,392
		═════════	═════════	═════════
	At 31 March 2024	-	10,234	10,234
		═════════	═════════	═════════


6.	Debtors	2025	2024
		£	£

	Taxation (Note 9)	304	552
		═════════	═════════


7.	Creditors	2025	2024
	Amounts falling due within one year	£	£

	Bank overdrafts	26	-
	Taxation (Note 9)	15,877	14,465
	Accruals	900	900
		─────────	─────────
		16,803	15,365
		═════════	═════════


8.	Creditors	2025	2024
	Amounts falling due after more than one year	£	£

	Bank loan	3,741	6,500
		═════════	═════════

	Loans
	Repayable in one year or less, or on demand (Note 7)	26	-
	Repayable between two and five years	3,741	-
	Repayable in five years or more	-	6,500
		─────────	─────────
		3,767	6,500
		═════════	═════════


9.	Taxation	2025	2024
		£	£

	Debtors:
	VAT	304	552
		═════════	═════════
	Creditors:
	Corporation tax	14,684	13,272
	PAYE / NI	1,193	1,193
		─────────	─────────
		15,877	14,465
		═════════	═════════


10.	Share capital			2025	2024
				£	£
	Description	Number of shares	Value of units

	Allotted, called up and fully paid
	Ordinary	2	£1.00 each	2	2

				═════════	═════════

11.

Financial commitments

Operating Lease commitments ended in July 2024.

12.

Capital commitments

The company had no material capital commitments at the financial year-ended 31 March 2025.

13.

Post-Balance Sheet Events

There have been no significant events affecting the company since the financial year-end.