Biglands Joinery Limited - Filleted accounts

Registered number

04431953

Biglands Joinery Limited

Unaudited Filleted Accounts

For the Year Ended

31 May 2025

Biglands Joinery Limited
Registered number:		04431953
Balance Sheet
as at 31 May 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		18,947			23,231

Current assets
Stocks		5,054			4,465
Debtors	4	10,208			2,006
Cash at bank and in hand		7,061			757
		22,323			7,228

Creditors: amounts falling due within one year	5	(21,938)			(11,922)

Net current assets/(liabilities)			385			(4,694)

Total assets less current liabilities			19,332			18,537

Creditors: amounts falling due after more than one year	6		(7,623)			(10,570)

Provisions for liabilities			(3,600)			(4,414)


Net assets			8,109			3,553

Capital and reserves
Called up share capital			1			1
Profit and loss account			8,108			3,552

Shareholder's funds			8,109			3,553

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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.




A Siddell
Director
Approved by the board on 19 December 2025

Biglands Joinery Limited
Notes to the Accounts
for the year ended 31 May 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	10% reducing balance
	Motor vehicles	25% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	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.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			2		2


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 June 2024	40,856		28,854		69,710
	Additions	649		-		649
	At 31 May 2025	41,505		28,854		70,359

	Depreciation
	At 1 June 2024	34,593		11,886		46,479
	Charge for the year	691		4,242		4,933
	At 31 May 2025	35,284		16,128		51,412

	Net book value
	At 31 May 2025	6,221		12,726		18,947
	At 31 May 2024	6,263		16,968		23,231


4	Debtors			2025		2024
£					£

	Trade debtors			8,374		1,132
	Other debtors			1,834		874
				10,208		2,006


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

	Bank loans and overdrafts			6,729		5,201
	Obligations under finance lease and hire purchase contracts			2,947		2,947
	Trade creditors			6,417		2,819
	Taxation and social security costs			4,604		-
	Other creditors			1,241		955
				21,938		11,922


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Obligations under finance lease and hire purchase contracts			7,623		10,570


7	Other information

	Biglands Joinery Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Biglands
	Patton Bridge
	Kendal
	Cumbria
	LA8 9DT