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Registered number: 03859589
C.G. Baker Joinery Limited
Unaudited Financial Statements
For The Year Ended 31 October 2025
Stephen Hill Partnership Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 03859589
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 20,272 27,030
20,272 27,030
CURRENT ASSETS
Stocks 6 850 785
Debtors 7 1,926 3,793
Cash at bank and in hand 32,412 15,004
35,188 19,582
Creditors: Amounts Falling Due Within One Year 8 (49,898 ) (46,291 )
NET CURRENT ASSETS (LIABILITIES) (14,710 ) (26,709 )
TOTAL ASSETS LESS CURRENT LIABILITIES 5,562 321
Creditors: Amounts Falling Due After More Than One Year 9 - (21,657 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (3,819 ) (5,095 )
NET ASSETS/(LIABILITIES) 1,743 (26,431 )
CAPITAL AND RESERVES
Called up share capital 11 2 2
Profit and Loss Account 1,741 (26,433 )
SHAREHOLDERS' FUNDS 1,743 (26,431)
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For the year ending 31 October 2025 the company was entitled to exemption from audit 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 directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Christopher Baker
Director
22nd April 2026
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
C.G. Baker Joinery Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03859589 . The registered office is Unit 1 Cliffe Court, George Summers Close Medway City Estate, Rochester, Kent, ME2 4GU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 5 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% on reducing balance
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 25% on reducing balance
Computer Equipment 25% on reducing balance
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.7. Financial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.
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2.8. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.9. Debtors
Short term debtors are measured at transaction price, less any impairment.
2.10. Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial instruments.
2.11. Creditors
Short term creditors are measured at the transaction price.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Intangible Assets
Goodwill
£
Cost
As at 1 November 2024 14,200
As at 31 October 2025 14,200
Amortisation
As at 1 November 2024 14,200
As at 31 October 2025 14,200
Net Book Value
As at 31 October 2025 -
As at 1 November 2024 -
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5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 November 2024 72,505 41,308 3,950 7,137 124,900
As at 31 October 2025 72,505 41,308 3,950 7,137 124,900
Depreciation
As at 1 November 2024 64,151 23,881 3,828 6,010 97,870
Provided during the period 2,088 4,357 31 282 6,758
As at 31 October 2025 66,239 28,238 3,859 6,292 104,628
Net Book Value
As at 31 October 2025 6,266 13,070 91 845 20,272
As at 1 November 2024 8,354 17,427 122 1,127 27,030
6. Stocks
2025 2024
£ £
Stock 850 785
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 1,926 3,793
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 21,657 6,281
Trade creditors 6,438 9,015
Bank loans and overdrafts 6,167 16,520
Other creditors 1,684 1,982
Taxation and social security 13,952 12,493
49,898 46,291
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts - 21,657
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10. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 21,657 6,281
Later than one year and not later than five years - 21,657
21,657 27,938
21,657 27,938
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
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