TMY Joinery Limited - Filleted accounts

Registered number

11198163

TMY Joinery Limited

Unaudited Filleted Accounts

31 March 2025

TMY Joinery Limited
Registered number:		11198163
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		22,004			22,289

Current assets
Debtors	4	63,283			48,875
Cash at bank and in hand		5,082			5,811
		68,365			54,686

Creditors: amounts falling due within one year	5	(32,183)			(43,897)

Net current assets			36,182			10,789

Net assets			58,186			33,078

Capital and reserves
Called up share capital			100			100
Profit and loss account			58,086			32,978

Shareholders' funds			58,186			33,078

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




T Yates
Director
Approved by the board on 29 December 2025

TMY Joinery Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. 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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					2		2


3	Tangible fixed assets
								Motor vehicles
£
	Cost
	At 1 April 2024							29,718
	Additions							5,217
	At 31 March 2025							34,935

	Depreciation
	At 1 April 2024							7,429
	Charge for the year							5,502
	At 31 March 2025							12,931

	Net book value
	At 31 March 2025							22,004
	At 31 March 2024							22,289


4	Debtors					2025		2024
£							£

	Trade debtors					53,185		48,422
	Other debtors					10,098		453
						63,283		48,875


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					5,961		6,440
	Taxation and social security costs					24,664		19,479
	Other creditors					1,558		17,978
						32,183		43,897


6	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	T Yates
	Loan	-		8,562		-		8,562

		-		8,562		-		8,562


7	Other information

	TMY Joinery Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Mount Pleasant
	The Holborn
	Madeley Nr Crewe
	Cheshire
	CW3 9DT