REGISTERED NUMBER: 08885646 (England and Wales)

Financial Statements for the Year Ended 31 March 2026

for

N.J. Ascott Carpentry & Building Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N Ascott

SECRETARY:

L Ascott

REGISTERED OFFICE:

Rangefield Court

Farnham Trading Estate

Farnham

Surrey

GU9 9NP

REGISTERED NUMBER:

08885646 (England and Wales)

ACCOUNTANTS:

J.Y. Limited

Rangefield Court

Farnham Trading Estate

Farnham

Surrey

GU9 9NP

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

2,030

1,850

2,030

1,850

CURRENT ASSETS

Stocks

8,000

-

Debtors

6

16,410

962

Cash at bank

10,162

40,736

34,572

41,698

CREDITORS

Amounts falling due within one year

7

36,450

42,429

NET CURRENT LIABILITIES

(1,878

)

(731

)

TOTAL ASSETS LESS CURRENT LIABILITIES

152

1,119

CREDITORS

Amounts falling due after more than one year

8

-

833

NET ASSETS

152

286

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

52

186

SHAREHOLDERS' FUNDS

152

286

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 8 June 2026 and were signed by:

N Ascott - Director

1.	STATUTORY INFORMATION

N.J. Ascott Carpentry & Building 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, 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.

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on cost

Computer equipment

-

33% on cost

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

10,000

AMORTISATION

At 1 April 2025

and 31 March 2026

10,000

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2025

8,430

927

4,623

13,980

Additions

1,500

-

-

1,500

At 31 March 2026

9,930

927

4,623

15,480

DEPRECIATION

At 1 April 2025

7,500

227

4,403

12,130

Charge for year

870

230

220

1,320

At 31 March 2026

8,370

457

4,623

13,450

NET BOOK VALUE

At 31 March 2026

1,560

470

-

2,030

At 31 March 2025

930

700

220

1,850

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

-

180

Other debtors

16,410

782

16,410

962

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

836

5,000

Trade creditors

13,550

1,649

Taxation and social security

19,314

28,163

Other creditors

2,750

7,617

36,450

42,429

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans

-

833

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

31.3.26

31.3.25

£

£

N Ascott

Balance outstanding at start of year

-

9,503

Amounts advanced

14,606

-

Amounts repaid

-

(9,503

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

14,606

-

10.	RELATED PARTY DISCLOSURES

Dividends are paid to the director, Mr N Ascott, by virtue of his shareholding in the company.

11.	ULTIMATE CONTROLLING PARTY

The controlling party is N Ascott.