AC Joinery Lincs Limited


Director	Clarkson, Anthony Liam


Registered Address	41a High Street
	Skellingthorpe
	Lincoln
	LN6 5TS


Registered Number	11063579 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	4		147,871		82,855
			147,871		82,855
Current assets
Debtors		71,452		32,342
Cash at bank and on hand		58,814		37,230
		130,266		69,572
Creditors amounts falling due within one year		(53,398)		(45,675)
Net current assets (liabilities)			76,868		23,897
Total assets less current liabilities			224,739		106,752
Creditors amounts falling due after one year			(132,790)		(54,129)
Net assets			91,949		52,623
Capital and reserves
Called up share capital			10		10
Profit and loss account			91,939		52,613
Shareholders' funds			91,949		52,623

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Director on 11 December 2025, and are signed on its behalf by:

Clarkson, Anthony Liam
Director
Registered Company No. 11063579

AC Joinery Lincs Limited

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Intangible assets
	Goodwill, being the amount paid in connection with the acquisition of a business, is being amortised evenly over its estimated useful life of 4 years. 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 and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		3

3.	Intangible assets

		Total
		£
	Cost or valuation
	At 01 April 24	11,300
	At 31 March 25	11,300
	Amortisation and impairment
	At 01 April 24	11,300
	At 31 March 25	11,300
	Net book value
	At 31 March 25	-
	At 31 March 24	-

4.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 April 24	117,989
	Additions	87,979
	At 31 March 25	205,968
	Depreciation and impairment
	At 01 April 24	35,134
	Charge for year	22,963
	At 31 March 25	58,098
	Net book value
	At 31 March 25	147,871
	At 31 March 24	82,855

5.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	72,504		25,839