Company Registration No. 02153196 (England and Wales)
D.M.B. Carpentry & Joinery Limited
Unaudited accounts
for the year ended 31 December 2025
D.M.B. Carpentry & Joinery Limited
Unaudited accounts
Contents
D.M.B. Carpentry & Joinery Limited
Company Information
for the year ended 31 December 2025
Company Number
02153196 (England and Wales)
Registered Office
Egerton House
68 Baker Street
Weybridge
Surrey
KT13 8AL
England
Accountants
P10 Accountancy Ltd
Egerton House
68 Baker Street
Weybridge
KT13 8AL
D.M.B. Carpentry & Joinery Limited
Statement of financial position
as at 31 December 2025
Tangible assets
14,023
20,269
Inventories
66,264
257,734
Cash at bank and in hand
-
5,867
Creditors: amounts falling due within one year
(225,013)
(386,280)
Net current assets
288,188
266,219
Total assets less current liabilities
302,211
286,488
Creditors: amounts falling due after more than one year
(21,503)
(16,827)
Net assets
280,708
269,661
Called up share capital
102
102
Profit and loss account
280,606
269,559
Shareholders' funds
280,708
269,661
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 June 2026 and were signed on its behalf by
Mr M Buckingham
Director
Company Registration No. 02153196
D.M.B. Carpentry & Joinery Limited
Notes to the Accounts
for the year ended 31 December 2025
D.M.B. Carpentry & Joinery Limited is a private company, limited by shares, registered in England and Wales, registration number 02153196. The registered office is Egerton House, 68 Baker Street, Weybridge, Surrey, KT13 8AL, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% Straight Line
Motor vehicles
25% Reducing Balance
Fixtures & fittings
10% Straight Line
Computer equipment
33% Straight Line
Work in progress represents the value of work completed but not billed at the end of the year.
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.
D.M.B. Carpentry & Joinery Limited
Notes to the Accounts
for the year ended 31 December 2025
Where the outcome of a construction contract can be estimated reliably, revenue and costs are recognised by reference to the stage of completion of the contract activity at the reporting end date. Variations in contract work, claims and incentive payments are included to the extent that the amount can be measured reliably, and its receipt is considered probable.
When it is probable that total contract costs will exceed total contract turnover, the expected loss is recognised as an expense immediately.
Where the outcome of a construction contract cannot be estimated reliably, contract revenue is recognised to the extent of contract costs incurred where it is probable that they will be recoverable. Contract costs are recognised as expenses in the period in which they are incurred. When costs incurred in securing a contract are recognised as an expense in the period in which they are incurred, they are not included in contract costs if the contract is obtained in a subsequent period.
The “percentage of completion method” is used to determine the appropriate amount to recognise in a given period. The stage of completion is measured by the proportion of contract costs incurred for work performed to date compared to the estimated total contract costs. Costs incurred in the year in connection with future activity on a contract are excluded from contract costs in determining the stage of completion. These costs are presented as stocks, prepayments or other assets depending on their nature, and provided it is probable they will be recovered.
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank
overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
The 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 net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or
deductible in other years and it further excludes 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 reporting end date.
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight-line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.
D.M.B. Carpentry & Joinery Limited
Notes to the Accounts
for the year ended 31 December 2025
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
The accounts are presented in £ sterling.
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Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2025
16,666
71,559
23,741
24,439
136,405
At 31 December 2025
16,666
71,559
23,741
24,439
136,405
At 1 January 2025
15,776
56,783
22,410
21,167
116,136
Charge for the year
100
5,044
364
738
6,246
At 31 December 2025
15,876
61,827
22,774
21,905
122,382
At 31 December 2025
790
9,732
967
2,534
14,023
At 31 December 2024
890
14,776
1,331
3,272
20,269
Amounts falling due within one year
Trade debtors
361,808
269,395
Deferred tax asset
50,000
91,000
Accrued income and prepayments
13,745
-
Other debtors
12,716
10,360
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
6,609
33,426
Trade creditors
66,647
119,478
Taxes and social security
23,586
52,738
Other creditors
46,080
48,525
Loans from directors
80,888
127,263
7
Creditors: amounts falling due after more than one year
2025
2024
D.M.B. Carpentry & Joinery Limited
Notes to the Accounts
for the year ended 31 December 2025
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Average number of employees
During the year the average number of employees was 13 (2024: 13).