REGISTERED NUMBER: 08981058 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

ADVANCED JOINERY (EAST) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

L E Ellis

SECRETARY:

REGISTERED OFFICE:

Saxon House

Hellesdon Park Road

Drayton Park Road

Norwich

Norfolk

NR6 5DR

REGISTERED NUMBER:

08981058 (England and Wales)

ACCOUNTANTS:

Quinneys

Chartered Certified Accountants

Saxon House

Hellesdon Park Road

Norwich

Norfolk

NR6 5DR

FIXED ASSETS

Intangible assets

4

8,000

16,000

Tangible assets

5

162,756

203,219

170,756

219,219

CURRENT ASSETS

Stocks

37,092

46,693

Debtors

6

24,282

18,639

Cash at bank and in hand

170,635

104,058

232,009

169,390

CREDITORS

Amounts falling due within one year

7

279,734

273,182

NET CURRENT LIABILITIES

(47,725

)

(103,792

)

TOTAL ASSETS LESS CURRENT LIABILITIES

123,031

115,427

CREDITORS

Amounts falling due after more than one year

8

10,792

32,375

NET ASSETS

112,239

83,052

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

112,229

83,042

112,239

83,052

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 director acknowledges his 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 director and authorised for issue on 29 December 2025 and were signed by:

L E Ellis - Director

1.	STATUTORY INFORMATION

Advanced Joinery (East) 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of ten years.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Land and buildings

-

5% on reducing balance

Plant and machinery etc

-

33% on cost, 25% on reducing balance, 20% on reducing balance and 10% on cost

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.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 10 (2024 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

80,000

AMORTISATION

At 1 April 2024

64,000

Charge for year

8,000

At 31 March 2025

72,000

NET BOOK VALUE

At 31 March 2025

8,000

At 31 March 2024

16,000

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

69,609

545,830

615,439

Additions

-

1,024

1,024

Disposals

-

(72

)

(72

)

At 31 March 2025

69,609

546,782

616,391

DEPRECIATION

At 1 April 2024

27,719

384,501

412,220

Charge for year

2,095

39,320

41,415

At 31 March 2025

29,814

423,821

453,635

NET BOOK VALUE

At 31 March 2025

39,795

122,961

162,756

At 31 March 2024

41,890

161,329

203,219

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

267,226

DEPRECIATION

At 1 April 2024

204,343

Charge for year

28,790

At 31 March 2025

233,133

NET BOOK VALUE

At 31 March 2025

34,093

At 31 March 2024

62,883

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

23,676

17,906

Other debtors

606

733

24,282

18,639

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,000

10,000

Hire purchase contracts

11,583

11,583

Trade creditors

53,646

46,967

Taxation and social security

112,053

76,500

Other creditors

92,452

128,132

279,734

273,182

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

5,000

15,000

Hire purchase contracts

5,792

17,375

10,792

32,375