REGISTERED NUMBER: 04511377 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

TURNERS OF SHIPSTON LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

P Turner

SECRETARY:

Mrs E L Turner

REGISTERED OFFICE:

5 Market Place

SHIPSTON-ON-STOUR

Warwickshire

CV36 4AG

REGISTERED NUMBER:

04511377 (England and Wales)

ACCOUNTANTS:

Bernard Rogers & Co

Payton House

Packwood Court

Guild Street

Stratford-upon-Avon

Warwickshire

CV37 6RP

FIXED ASSETS

Tangible assets

4

5,659

7,128

CURRENT ASSETS

Stocks

4,101

4,036

Debtors

5

30,820

28,768

Prepayments and accrued income

2,561

2,395

Cash at bank and in hand

36,315

15,642

73,797

50,841

CREDITORS

Amounts falling due within one year

6

51,747

43,120

NET CURRENT ASSETS

22,050

7,721

TOTAL ASSETS LESS CURRENT LIABILITIES

27,709

14,849

PROVISIONS FOR LIABILITIES

1,075

1,354

NET ASSETS

26,634

13,495

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

26,534

13,395

26,634

13,495

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 May 2026 and were signed by:

P Turner - Director

1.	STATUTORY INFORMATION

Turners of Shipston 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

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

Straight line over 3 years

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 Statement of Income and Retained Earnings, 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 statement of financial position date.

Hire purchase and leasing commitments

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 6 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2024

59,133

Additions

3,699

Disposals

(27,136

)

At 31 August 2025

35,696

DEPRECIATION

At 1 September 2024

52,005

Charge for year

1,545

Eliminated on disposal

(23,513

)

At 31 August 2025

30,037

NET BOOK VALUE

At 31 August 2025

5,659

At 31 August 2024

7,128

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

14,447

16,156

Other debtors

16,373

12,612

30,820

28,768

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

1,921

Trade creditors

31,181

26,839

Taxation and social security

16,789

13,041

Other creditors

3,777

1,319

51,747

43,120

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year end the director’s current account was overdrawn, the maximum amount and the year end balance was £12,855 (2024, £6,356)

8.	ULTIMATE CONTROLLING PARTY

The controlling party is P Turner.