REGISTERED NUMBER: 11523346 (England and Wales)

TIMBER WINDOWS ESSEX LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 AUGUST 2025

Page

Balance Sheet

1

to

2

Notes to the Financial Statements

3

to

8

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

118,406

139,784

118,406

139,784

CURRENT ASSETS

Stocks

2,500

2,500

Debtors

6

310,749

321,562

Cash at bank and in hand

67,634

135,358

380,883

459,420

CREDITORS

Amounts falling due within one year

7

(236,580

)

(376,861

)

NET CURRENT ASSETS

144,303

82,559

TOTAL ASSETS LESS CURRENT LIABILITIES

262,709

222,343

CREDITORS

Amounts falling due after more than one year

8

(209,472

)

(132,250

)

PROVISIONS FOR LIABILITIES

(20,280

)

(6,949

)

NET ASSETS

32,957

83,144

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

32,955

83,142

32,957

83,144

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

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

The director acknowledges his 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 director and authorised for issue on 15 May 2026 and were signed by:

T Kirk - Director

1.	STATUTORY INFORMATION

Timber Windows Essex Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

11523346

Registered office:

109 Crouch Street

Colchester

Essex

CO3 3HA

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 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 2018, is being amortised evenly over its estimated useful life of five 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.

Improvements to property

-

over the lease term

Equipment

-

15% on cost

Furniture and fixtures

-

10% on cost

Motor vehicles

-

20% on cost

Office equipment

-

25% on cost

Stocks

Stocks 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 8 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2024

and 31 August 2025

30,000

AMORTISATION

At 1 September 2024

and 31 August 2025

30,000

NET BOOK VALUE

At 31 August 2025

-

At 31 August 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

Furniture

to

and

property

Equipment

fixtures

£

£

£

COST

At 1 September 2024

101,343

11,503

18,831

Additions

320

950

2,482

Disposals

-

-

-

At 31 August 2025

101,663

12,453

21,313

DEPRECIATION

At 1 September 2024

46,903

4,286

4,403

Charge for year

17,159

1,805

2,056

Eliminated on disposal

-

-

-

At 31 August 2025

64,062

6,091

6,459

NET BOOK VALUE

At 31 August 2025

37,601

6,362

14,854

At 31 August 2024

54,440

7,217

14,428

Motor

Office

vehicles

equipment

Totals

£

£

£

COST

At 1 September 2024

106,421

15,765

253,863

Additions

33,275

2,790

39,817

Disposals

(15,950

)

-

(15,950

)

At 31 August 2025

123,746

18,555

277,730

DEPRECIATION

At 1 September 2024

48,872

9,615

114,079

Charge for year

22,347

2,941

46,308

Eliminated on disposal

(1,063

)

-

(1,063

)

At 31 August 2025

70,156

12,556

159,324

NET BOOK VALUE

At 31 August 2025

53,590

5,999

118,406

At 31 August 2024

57,549

6,150

139,784

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

Motor

vehicles

£

COST

At 1 September 2024

106,421

Additions

33,275

Disposals

(15,950

)

At 31 August 2025

123,746

DEPRECIATION

At 1 September 2024

48,872

Charge for year

22,347

Eliminated on disposal

(1,063

)

At 31 August 2025

70,156

NET BOOK VALUE

At 31 August 2025

53,590

At 31 August 2024

57,549

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

69,452

231,174

Amounts recoverable on contract

209,895

58,675

Other debtors

31,402

31,713

310,749

321,562

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

28,671

20,805

Hire purchase contracts (see note 9)

13,765

18,828

Trade creditors

17,926

40,181

Taxation and social security

99,181

144,094

Other creditors

77,037

152,953

236,580

376,861

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

196,189

94,569

Hire purchase contracts (see note 9)

13,283

37,681

209,472

132,250

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

4,166

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

13,765

18,828

Between one and five years

13,283

37,681

27,048

56,509

Non-cancellable

operating leases

2025

2024

£

£

Within one year

120,207

52,500

Between one and five years

234,268

81,484

354,475

133,984

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

27,048

56,509

Liabilities under hire purchase contracts are secured on the assets to which they relate.

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

2025

2024

£

£

T Kirk

Balance outstanding at start of year

11,569

-

Amounts advanced

4,576

11,569

Amounts repaid

(11,569

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

4,576

11,569

The loan to the director is repayable on demand. Interest is charged at the beneficial loan rate as specified by HM Revenue & Customs. Interest charged for the year was in the sum of £232 (2024: £130).