Company No: 08641869 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	396,741		382,322
		396,741		382,322
Current assets
Stocks	4	39,118		11,899
Debtors	5	32,689		110,692
Cash at bank and in hand		9,394		84,890
		81,201		207,481
Creditors: amounts falling due within one year	6	( 89,172)		( 93,687)
Net current (liabilities)/assets		(7,971)		113,794
Total assets less current liabilities		388,770		496,116
Creditors: amounts falling due after more than one year	7	( 121,869)		( 96,303)
Provision for liabilities		( 50,297)		( 45,659)
Net assets		216,604		354,154
Capital and reserves
Called-up share capital	8	10		10
Profit and loss account		216,594		354,144
Total shareholders' funds		216,604		354,154

For the financial year ending 30 September 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Tucker Joinery Limited (registered number: 08641869) were approved and authorised for issue by the Director on 23 June 2026. They were signed on its behalf by:

Lee Tucker Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Tucker Joinery Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Fleming Court Leigh Road, Eastleigh, Southampton, SO50 9PD, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
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.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	50 years straight line
Plant and machinery	15 % reducing balance
Vehicles	25 % reducing balance
Computer equipment	33 % reducing balance

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	12		13

3. Tangible assets

	Land and buildings		Plant and machinery		Vehicles		Computer equipment		Total
	£		£		£		£		£
Cost
At 01 October 2024	206,920		249,294		71,568		5,022		532,804
Additions	0		177		57,245		0		57,422
At 30 September 2025	206,920		249,471		128,813		5,022		590,226
Accumulated depreciation
At 01 October 2024	7,234		96,541		43,035		3,672		150,482
Charge for the financial year	4,138		22,939		15,481		445		43,003
At 30 September 2025	11,372		119,480		58,516		4,117		193,485
Net book value
At 30 September 2025	195,548		129,991		70,297		905		396,741
At 30 September 2024	199,686		152,753		28,533		1,350		382,322

4. Stocks

	2025		2024
	£		£
Stocks	7,500		7,500
Work in progress	31,618		4,399
	39,118		11,899

5. Debtors

	2025		2024
	£		£
Trade debtors	11,865		110,980
Prepayments	8,428		4,000
VAT recoverable	6,183		0
Corporation tax	6,213		0
Other debtors	0		( 4,288)
	32,689		110,692

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	10,450		9,606
Trade creditors	26,003		26,634
Amounts owed to director	32,001		15,098
Accruals	0		3,360
Taxation and social security	9,759		38,329
Obligations under finance leases and hire purchase contracts	2,701		0
Other creditors	8,258		660
	89,172		93,687

7. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	85,853		96,303
Obligations under finance leases and hire purchase contracts	36,016		0
	121,869		96,303

There are no amounts included above in respect of which any security has been given by the small entity.

8. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
6 Ordinary A shares of £ 1.00 each	6		6
4 Ordinary B shares of £ 1.00 each	4		4
	10		10

9. Financial commitments

Commitments

	2025		2024
	£		£
Total future minimum lease payments under non-cancellable operating leases	72,000		96,000