UK Doorsets Ltd - Filleted accounts

Registered number

05837512

UK Doorsets Ltd

Filleted Accounts

31 August 2025

UK Doorsets Ltd
Registered number:		05837512
Balance Sheet
as at 31 August 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		27,384			39,044

Current assets
Stocks		431,341			349,605
Debtors	4	624,672			849,503
Cash at bank and in hand		399,625			412,848
		1,455,638			1,611,956

Creditors: amounts falling due within one year	5	(1,039,676)			(1,381,826)

Net current assets			415,962			230,130

Total assets less current liabilities			443,346			269,174


Provisions for liabilities			(6,847)			(9,024)


Net assets			436,499			260,150

Capital and reserves
Called up share capital			84,096			84,096
Profit and loss account			352,403			176,054

Shareholders' funds			436,499			260,150

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.




D T Finney
Director
Approved by the board on 26 May 2026

UK Doorsets Ltd
Notes to the Accounts
for the period from 1 April 2024 to 31 August 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:

	Leasehold improvements			over 5 years
	Plant and machinery			over 4 years
	Fixtures, fittings, tools and equipment			over 4 years
	Motor vehicles			over 4 years

	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.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					39		33


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2024	91,415		665,752		123,207		880,374
	Additions	-		24,073		-		24,073
	At 31 August 2025	91,415		689,825		123,207		904,447

	Depreciation
	At 1 April 2024	91,415		626,708		123,207		841,330
	Charge for the period	-		35,733		-		35,733
	At 31 August 2025	91,415		662,441		123,207		877,063

	Net book value
	At 31 August 2025	-		27,384		-		27,384
	At 31 March 2024	-		39,044		-		39,044


4	Debtors					2025		2024
£							£

	Trade debtors					594,468		776,128
	Other debtors					30,204		73,375
						624,672		849,503


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

	Trade creditors					471,180		747,767
	Taxation and social security costs					128,598		97,929
	Other creditors					439,898		536,130
						1,039,676		1,381,826


6	Pension commitments

	The company operates defined contribution pension schemes for employees. The assets of the schemes are held separately from those of the company in an independently administered funds. At the balance sheet date, unpaid contributions of £5,045 (2024 £4,617) were due to the funds.They are included in other creditors.


7	Related party transactions

	The companies listed below are related parties as the former directors MT Finney, PJ McGuire and J J Vann and the current directors MA Finney, DT Finney and TP McGuire hold the controlling interest in the issued share capital of each company.

		Sales		Purchases		Debtor		Creditor
	Period ended 31 August 2025	£		£		£		£
	Midland Building Products Ltd	2,842,063		938,943		42,807		50,209
	Machester Doors & Cubicles	1,547,581		223,218		108,156		-
	Specialist Joinery Products Ltd	81,196		-		345		-
	Southern Doors and Cubicles Ltd	1,326,329		425		145,332		-
	Joinery Specialists Ltd	563,495		1,751		28,758		-
	Leeds Doors & Cubicles Limited	50,975		-		28,498		-
	Z.M.R. Limited	450		2,068,837		-		133,320
	Fire & Acoustic Seals Ltd	-		394,612		-		20,989
	Door-Kit Solutions Ltd	1,101,734		-		76,171		-
	IBS Building Products Ltd	376,267		-		154,547		-
	FSC Doors Ltd	-		89,688		-		9,948
	MBP Ironmongery Ltd	-		442,566		-		29,290


		Sales		Purchases		Debtor		Creditor
	Year 2024	£		£		£		£
	Midland Building Products Ltd	2,070,597		645,888		274,273		151,417
	Machester Doors & Cubicles	408,158		-		139,762		-
	Specialist Joinery Products Ltd	108,044		-		16,414		-
	Southern Doors and Cubicles Ltd	679,637		20,610		40,039		-
	Joinery Specialists Ltd	482,690		-		24,847		-
	Leeds Doors & Cubicles Limited	137,339		-		24,072		-
	Z.M.R. Limited	1,317		1,205,776				263,285
	Fire & Acoustic Seals Ltd			207,844				29,465
	Door-Kit Solutions Ltd	721,841		-		204,652		-
	IBS Building Products Ltd	191,762		-		57,578		-



	The company occupies warehouse premises that are owned by the Midland Building Products Ltd Directors Pension Scheme, the trustees and beneficiaries of the scheme are MT Finney, PJ McGuire, KF Crane. The rent paid in the perioad was £69,700 (2024 £65929).

	During the year the company occupied warehouse premises that are jointly owned by MT Finney, PJ McGuire, KF Crane. The rent paid in the period was £66,000 (2024 £26,400).

	All transactions were at market value.


8	Controlling party

	During the period ended 31 August 2025 and 31 March 2024 the company was controlled by the board of directors who by virtue of their direct and indirect shareholdings own 65.32% of the issued share capital.


9	Other information

	UK Doorsets Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	MBP House, Spartan Industrial Centre
	Brickhouse Lane
	Great Bridge
	West Midlands