Caunce Sawmills Limited

	Page
Accountants' Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—7

Chartered Accountants' report to the director on the preparation of the unaudited statutory accounts of Caunce Sawmills Limited for the year ended 31 January 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Caunce Sawmills Limited for the year ended 31 January 2026 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to 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 at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Caunce Sawmills Limited , as a body, in accordance with the terms of our engagement letter dated 15 October 2024. Our work has been undertaken solely to prepare for your approval the accounts of Caunce Sawmills Limited and state those matters that we have agreed to state to the director of Caunce Sawmills Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Caunce Sawmills Limited and its director, as a body, for our work or for this report.

It is your duty to ensure that Caunce Sawmills Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Caunce Sawmills Limited . You consider that Caunce Sawmills Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit of the accounts of Caunce Sawmills 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 financial statements.

26/05/2026

Bishops Chartered Accountants

Phoenix Park

Blakewater Road

Blackburn

Lancashire

BB1 5BG

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Caunce Sawmills Limited

Balance Sheet

As At 31 January 2026

Balance Sheet

Registered number: 05000140

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		58,487		75,204

			58,487		75,204
CURRENT ASSETS
Debtors	5	70,456		94,945
Cash at bank and in hand		2		-

		70,458		94,945
Creditors: Amounts Falling Due Within One Year	6	(95,932 )		(142,236 )

NET CURRENT ASSETS (LIABILITIES)			(25,474 )		(47,291 )

TOTAL ASSETS LESS CURRENT LIABILITIES			33,013		27,913

PROVISIONS FOR LIABILITIES
Deferred Taxation			(14,072 )		(18,141 )

NET ASSETS			18,941		9,772

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			18,841		9,672

SHAREHOLDERS' FUNDS			18,941		9,772

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Caunce Sawmills Limited

Balance Sheet (continued)

As At 31 January 2026

For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr B Caunce

Director

26/05/2026

The notes on pages 4 to 7 form part of these financial statements.

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Caunce Sawmills Limited

Notes to the Financial Statements

For The Year Ended 31 January 2026

Notes to the Financial Statements

1. General Information

Caunce Sawmills Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05000140 . The registered office is Burscough Industrial Estate, Higgins Lane, Burscough, Lancashire, L40 8JS.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	10% on cost
Plant & Machinery	15% on reducing balance
Motor Vehicles	25% on reducing balance
Fixtures & Fittings	20% on reducing balance
Computer Equipment	33% on reducing balance

2.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

...CONTINUED

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Caunce Sawmills Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

2.4. Taxation - continued

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 6 (2025: 6)

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings
	£	£	£	£
Cost
As at 1 February 2025	4,400	119,753	90,433	13,939
Additions	-	-	-	525

As at 31 January 2026	4,400	119,753	90,433	14,464

Depreciation
As at 1 February 2025	1,760	105,312	37,542	10,634
Provided during the period	440	2,166	13,223	740

As at 31 January 2026	2,200	107,478	50,765	11,374

Net Book Value
As at 31 January 2026	2,200	12,275	39,668	3,090

As at 1 February 2025	2,640	14,441	52,891	3,305

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Caunce Sawmills Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026


	Computer Equipment	Total
	£	£
Cost
As at 1 February 2025	8,075	236,600
Additions	-	525

As at 31 January 2026	8,075	237,125

Depreciation
As at 1 February 2025	6,148	161,396
Provided during the period	673	17,242

As at 31 January 2026	6,821	178,638

Net Book Value
As at 31 January 2026	1,254	58,487

As at 1 February 2025	1,927	75,204

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	52,782	39,037
Other debtors	17,674	55,908

	70,456	94,945

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	23,545	23,222
Bank loans and overdrafts	18,226	17,659
Other creditors	25,701	81,681
Taxation and social security	28,460	19,674

	95,932	142,236

7. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

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Caunce Sawmills Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

8. Directors Advances, Credits and Guarantees

Included within Debtors is a loan to the director of £ 464.

The above loan is unsecured, interest free and repayable on demand.

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