REGISTERED NUMBER: 05423984 (England and Wales)

Steven Meighen Joinery Limited

Unaudited Financial Statements for the Year Ended 30 April 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Directors:

S W Meighen

S Meighen

Secretary:

S W Meighen

Registered office:

9 Havenwood Road

Wigan

WN1 2PA

Registered number:

05423984 (England and Wales)

Accountants:

Leach Briely

Craven House

32 Lee Lane

Horwich

Bolton

Greater Manchester

BL6 7BY

Fixed assets

Tangible assets

4

7,546

10,014

Current assets

Debtors

5

7,107

5,024

Cash at bank

8,489

17,945

15,596

22,969

Creditors

Amounts falling due within one year

6

16,113

32,452

Net current liabilities

(517

)

(9,483

)

Total assets less current liabilities

7,029

531

Creditors

Amounts falling due after more than one year

7

-

(2,750

)

Provisions for liabilities

8

(1,434

)

(1,903

)

Net assets/(liabilities)

5,595

(4,122

)

Capital and reserves

Called up share capital

9

100

100

Retained earnings

5,495

(4,222

)

Shareholders' funds

5,595

(4,122

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 December 2025 and were signed on its behalf by:

S W Meighen - Director

1.	Statutory information

Steven Meighen Joinery 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 receivable for building and joinery services net of Value Added Tax during the year.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Tangible assets are initially recorded at cost and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Financial instruments

The company only enters into basic financial instruments that result in the recognition of the financial assets and liabilities such as trade and other debtors and creditors. These are measured at amortised cost and assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the statement of income and retained earnings.

Taxation

The taxation expense represents the aggregate amount of current tax recognised in the reporting year . Tax is recognised in the statement of income and retained earnings. Current tax is recognised on taxable profit for the current year.

Current tax is measured at the amounts of tax expected to be paid using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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 3 (2024 - 3 ) .

4.	Tangible fixed assets

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

Cost

At 1 May 2024

and 30 April 2025

1,346

16,700

527

18,573

Depreciation

At 1 May 2024

644

7,388

527

8,559

Charge for year

140

2,328

-

2,468

At 30 April 2025

784

9,716

527

11,027

Net book value

At 30 April 2025

562

6,984

-

7,546

At 30 April 2024

702

9,312

-

10,014

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

-

4,733

Other debtors

7,107

291

7,107

5,024

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loan

2,750

3,000

Trade creditors

1,973

6,886

Taxation and social security

5,524

3,071

Other creditors

5,866

19,495

16,113

32,452

7.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Bank loan

-

2,750

8.	Provisions for liabilities

2025

2024

£

£

Deferred tax

1,434

1,903

Deferred

tax

£

Balance at 1 May 2024

1,903

Credit to Statement of Income and Retained Earnings during year

(469

)

Balance at 30 April 2025

1,434

9.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

1

100

100