REGISTERED NUMBER: 04092125 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 October 2025

for

S.P. Joinery (Leeds) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Accountants' Report

5

DIRECTOR:

S J Procter

SECRETARY:

Mrs S P Procter

REGISTERED OFFICE:

Unit 12

Buslingthorpe Green

Meanwood Road

Leeds

LS7 2HG

REGISTERED NUMBER:

04092125 (England and Wales)

ACCOUNTANTS:

Beaumonts

8 Navigation Court

Calder Park

Wakefield

West Yorkshire

WF2 7BJ

FIXED ASSETS

Tangible assets

4

182,924

235,093

CURRENT ASSETS

Stocks

10,772

3,785

Debtors

5

799,036

886,638

Cash at bank and in hand

1,266,218

1,799,353

2,076,026

2,689,776

CREDITORS

Amounts falling due within one year

6

751,097

987,144

NET CURRENT ASSETS

1,324,929

1,702,632

TOTAL ASSETS LESS CURRENT LIABILITIES

1,507,853

1,937,725

PROVISIONS FOR LIABILITIES

42,866

55,658

NET ASSETS

1,464,987

1,882,067

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,464,887

1,881,967

SHAREHOLDERS' FUNDS

1,464,987

1,882,067

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 3 June 2026 and were signed by:

S J Procter - Director

1.	STATUTORY INFORMATION

S.P. Joinery (Leeds) Limited 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 represents net invoiced value of joinery installations, excluding Value Added Tax, other than on certain long term contracts where the estimated sales value of joinery installations performed in the year is included.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

20% on reducing balance

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Stocks and work in progress

Stock and work in progress is valued at the lower of cost and net realisable value.

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.

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.

Long term contracts

Long term contracts are those which are material to the activity of the period. Attributable profit is recognised once the outcome of a long term contract can be assessed with reasonable certainty. Immediate provision is made for all foreseeable losses if a contract is assessed as unprofitable.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Motor

Computer

property

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 November 2024

37,101

60,386

398,955

58,514

554,956

Additions

-

737

-

5,980

6,717

Disposals

-

(870

)

-

(4,213

)

(5,083

)

At 31 October 2025

37,101

60,253

398,955

60,281

556,590

DEPRECIATION

At 1 November 2024

29,720

45,909

194,481

49,753

319,863

Charge for year

1,476

2,982

51,119

2,917

58,494

Eliminated on disposal

-

(865

)

-

(3,826

)

(4,691

)

At 31 October 2025

31,196

48,026

245,600

48,844

373,666

NET BOOK VALUE

At 31 October 2025

5,905

12,227

153,355

11,437

182,924

At 31 October 2024

7,381

14,477

204,474

8,761

235,093

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

722,659

686,342

Amounts recoverable on contract

16,496

120,417

Other debtors

59,881

79,879

799,036

886,638

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade creditors

122,853

125,178

Taxation and social security

353,681

580,155

Other creditors

274,563

281,811

751,097

987,144

7.	FINANCIAL COMMITMENTS

The total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £259,000 (2024 - £232,000).

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of S.P. Joinery (Leeds) Limited for the year ended 31 October 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of S.P. Joinery (Leeds) Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of S.P. Joinery (Leeds) Limited and state those matters that we have agreed to state to the director of S.P. Joinery (Leeds) Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than S.P. Joinery (Leeds) Limited and its director for our work or for this report.

It is your duty to ensure that S.P. Joinery (Leeds) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of S.P. Joinery (Leeds) Limited. You consider that S.P. Joinery (Leeds) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of S.P. Joinery (Leeds) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Beaumonts

8 Navigation Court

Calder Park

Wakefield

West Yorkshire

WF2 7BJ

3 June 2026