REGISTERED NUMBER: 07778972 (England and Wales)

PRESTIGE JOINERY PRODUCTS LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

T L Carless

C Carless

REGISTERED OFFICE:

49 Lansdowne Gardens

Llantarnam

Cwmbran

Torfaen

NP44 3GB

REGISTERED NUMBER:

07778972 (England and Wales)

ACCOUNTANTS:

Green & Co

Accountants and Tax Advisors

Pembroke House

Llantarnam Park Way

Cwmbran

Torfaen

NP44 3AU

FIXED ASSETS

Tangible assets

4

9,275

11,019

CURRENT ASSETS

Debtors

5

99,435

82,675

Cash at bank

96

95

99,531

82,770

CREDITORS

Amounts falling due within one year

6

75,513

49,686

NET CURRENT ASSETS

24,018

33,084

TOTAL ASSETS LESS CURRENT LIABILITIES

33,293

44,103

CREDITORS

Amounts falling due after more than one year

7

(30,101

)

(41,922

)

PROVISIONS FOR LIABILITIES

(1,762

)

(2,094

)

NET ASSETS

1,430

87

CAPITAL AND RESERVES

Called up share capital

8

1

1

Retained earnings

1,429

86

SHAREHOLDERS' FUNDS

1,430

87

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1st May 2026 and were signed on its behalf by:

T L Carless - Director

C Carless - Director

1.	STATUTORY INFORMATION

Prestige Joinery Products 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

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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.

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 3 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1st February 2025

17,104

7,520

24,624

Additions

511

-

511

At 31st January 2026

17,615

7,520

25,135

DEPRECIATION

At 1st February 2025

7,040

6,565

13,605

Charge for year

2,064

191

2,255

At 31st January 2026

9,104

6,756

15,860

NET BOOK VALUE

At 31st January 2026

8,511

764

9,275

At 31st January 2025

10,064

955

11,019

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

44,374

39,971

Other debtors

14,855

10,142

Directors' current accounts

38,088

30,613

Prepayments

2,118

1,949

99,435

82,675

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

49,620

26,118

Hire purchase contracts

2,984

2,984

Trade creditors

4,103

8,597

Corporation Tax

12,517

5,978

Social security and other taxes

417

236

VAT

1,880

910

Other creditors

-

66

Accruals and deferred income

3,992

4,797

75,513

49,686

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans - 1-2 years

8,402

8,837

Bank loans - 2-5 years

21,201

29,603

Hire purchase contracts

498

3,482

30,101

41,922

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

1

Ordinary

£1

1

1

9.	RELATED PARTY DISCLOSURES

The company had an outstanding directors loan account at the period end due from T Carless of £38,088 (2025: £30,613).