Company registration number: 01352917
Annual report and unaudited financial statements
for the year ended 30 April 2026
for
Icklesham Joinery Ltd.
Pages for filing with the Registrar
Company registration number: 01352917
Icklesham Joinery Ltd.
Balance sheet
as at 30 April 2026
2026 2025
Note £ £ £ £
Fixed assets
Tangible assets 4 864,391 906,350
864,391 906,350
Current assets
Stocks 107,488 238,779
Debtors 198,547 222,810
Cash at bank and in hand 53,776 24,807
359,811 486,396
Creditors: amounts falling due within one
year 		(483,600) (658,074)
Net current liabilities (123,789) (171,678)
Total assets less current liabilities 740,602 734,672
Creditors: Amounts falling due after more
than one year 		5 (457,965) (474,263)
Provisions for liabilities (28,500) (35,700)
NET ASSETS 254,137 224,709
Capital and reserves
Called up share capital 160,525 160,525
Profit and loss account 93,612 64,184
TOTAL EQUITY 254,137 224,709
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 April 2026.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 01352917
Icklesham Joinery Ltd.
Balance sheet - continued
as at 30 April 2026
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 8 June 2026 and signed on its behalf by:
Mr J Horsman, Director
8 June 2026
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Icklesham Joinery Ltd.
Notes to the financial statements
for the year ended 30 April 2026
1 Company information
Icklesham Joinery Ltd. is a private company registered in England and Wales. Its registered number is 01352917. The company is limited by shares. Its registered office is Icklesham Joinery Ltd, Main Road, Winchelsea, East Sussex, TN36 4BA.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Freehold property - 2.5% straight line
Plant and machinery etc.:
Plant and machinery - 20% reducing balance
Fixtures & fittings - 20% reducing balance
Motor vehicles - 20% reducing balance
Display items - 20% straight line
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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.
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Icklesham Joinery Ltd.
Notes to the financial statements - continued
for the year ended 30 April 2026
2 Accounting policies - continued
Taxation
Taxation for the year comprises current and deferred taxation. Tax is recognised in the Profit and loss account, 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 taxation
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 been enacted or substantively enacted by the balance sheet date 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 probably 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.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
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During the year the average number of employees was 29 (2025 - 30).
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Icklesham Joinery Ltd.
Notes to the financial statements - continued
for the year ended 30 April 2026
4 Tangible fixed assets
Land and
buildings 		Plant and
machinery
etc. 		Totals
£ £ £
Cost
At 1 May 2025 833,457 792,549 1,626,006
Additions - 473 473
At 30 April 2026 833,457 793,022 1,626,479
Depreciation
At 1 May 2025 69,892 649,764 719,656
Charge for year 13,340 29,092 42,432
At 30 April 2026 83,232 678,856 762,088
Net book value
At 30 April 2026 750,225 114,166 864,391
At 30 April 2025 763,565 142,785 906,350
5 Creditors: amounts falling due after more than five years
Included within the above creditors are the following amounts falling due after more than five years:
2026 2025
£ £
Repayable by instalments
Bank loans 312,392 329,073
6 Secured debts
The bank loans and overdraft are secured by a legal charge on the freehold property occupied by the company and a charge over the book debts of the company.
Obligations under hire purchase contracts are secured on the assets concerned.
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