REGISTERED NUMBER: 04451912 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st May 2025

for

N & J Aluminium Linings Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

N Buchanan

Mrs J Buchanan

SECRETARY:

Mrs J Buchanan

REGISTERED OFFICE:

C/O Towers + Gornall Ltd

River View, 96 High Street

Garstang

Preston

Lancashire

PR3 1WZ

REGISTERED NUMBER:

04451912 (England and Wales)

ACCOUNTANTS:

Towers + Gornall Ltd

Chartered Certified Accountants

River View

96 High Street

Garstang

Preston

Lancashire

PR3 1WZ

FIXED ASSETS

Intangible assets

4

-

-

Property, plant and equipment

5

223,768

394,028

223,768

394,028

CURRENT ASSETS

Inventories

264,000

214,800

Debtors

6

140,619

168,913

Cash at bank and in hand

344,086

192,241

748,705

575,954

CREDITORS

Amounts falling due within one year

7

306,980

277,686

NET CURRENT ASSETS

441,725

298,268

TOTAL ASSETS LESS CURRENT LIABILITIES

665,493

692,296

CREDITORS

Amounts falling due after more than one year

8

-

31,388

NET ASSETS

665,493

660,908

CAPITAL AND RESERVES

Called up share capital

102

102

Retained earnings

665,391

660,806

SHAREHOLDERS' FUNDS

665,493

660,908

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 11th December 2025 and were signed on its behalf by:

N Buchanan - Director

1.	STATUTORY INFORMATION

N & J Aluminium Linings Ltd 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

Revenue 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 0, is being amortised evenly over its estimated useful life of nil 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.

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

Stocks

Inventories 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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 19 (2024 - 18 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st June 2024

and 31st May 2025

30,000

AMORTISATION

At 1st June 2024

and 31st May 2025

30,000

NET BOOK VALUE

At 31st May 2025

-

At 31st May 2024

-

5.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1st June 2024

777,249

Additions

4,121

Disposals

(131,350

)

At 31st May 2025

650,020

DEPRECIATION

At 1st June 2024

383,221

Charge for year

57,729

Eliminated on disposal

(14,698

)

At 31st May 2025

426,252

NET BOOK VALUE

At 31st May 2025

223,768

At 31st May 2024

394,028

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

Plant and

machinery

etc

£

COST

At 1st June 2024

and 31st May 2025

31,246

DEPRECIATION

At 1st June 2024

23,831

Charge for year

1,854

At 31st May 2025

25,685

NET BOOK VALUE

At 31st May 2025

5,561

At 31st May 2024

7,415

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

127,484

36,720

Other debtors

13,135

132,193

140,619

168,913

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

101,971

Trade creditors

128,135

79,858

Taxation and social security

165,136

82,735

Other creditors

13,709

13,122

306,980

277,686

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

31,388

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st May 2025 and 31st May 2024:

2025

2024

£

£

N Buchanan

Balance outstanding at start of year

127,582

24,738

Amounts advanced

197,321

333,050

Amounts repaid

(321,562

)

(230,206

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

3,341

127,582

At 31 May 2025 the director loan balance was £3,341 debit. This amount was repaid on 30 June 2025