Registration number: 05252076

Dovetail Joinery (Preston) Limited

Contents

Company Information	1
Statement of Financial Position	2
Notes to the Unaudited Financial Statements	3 to 8

Dovetail Joinery (Preston) Limited

Company Information

Director

Mr A Leadbetter

Registered office

316 Blackpool Road Fulwood Preston Lancashire PR2 3AE

Accountants

McDade Roberts Accountants Ltd Chartered Accountants316 Blackpool Road Preston Lancashire PR2 3AE

Dovetail Joinery (Preston) Limited

(Registration number: 05252076)
Statement of Financial Position as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	19,556	25,591
Current assets
Stocks	5	1,000	3,000
Debtors	6	3,303	30,680
Cash at bank and in hand		18,833	13,409
		23,136	47,089
Creditors: Amounts falling due within one year	7	(27,422)	(44,223)
Net current (liabilities)/assets		(4,286)	2,866
Total assets less current liabilities		15,270	28,457
Creditors: Amounts falling due after more than one year	7	(1,666)	(9,172)
Provisions for liabilities		(3,715)	(4,983)
Net assets		9,889	14,302
Capital and reserves
Called up share capital		1	1
Retained earnings		9,888	14,301
Shareholders' funds		9,889	14,302

For the financial 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.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the director on 29 June 2026
 

......................................... Mr A Leadbetter Director

Dovetail Joinery (Preston) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales .

The address of its registered office is:
316 Blackpool Road
Fulwood
Preston
Lancashire
PR2 3AE

These financial statements were authorised for issue by the director on 29 June 2026.

2	Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Dovetail Joinery (Preston) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025 (continued)

2	Accounting policies (continued)

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	25% on reducing balance
Motor vehicles	25% on reducing balance
Computer equipment	33% on cost

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Dovetail Joinery (Preston) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025 (continued)

2	Accounting policies (continued)

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the statement of financial position as a finance lease obligation.

Lease payments are apportioned between finance costs in the income statement and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

4	Tangible assets

	Plant and machinery £	Office equipment £	Motor vehicles  £	Total £
Cost or valuation
At 1 January 2025	18,242	3,314	63,570	85,126
Additions	489	-	-	489
At 31 December 2025	18,731	3,314	63,570	85,615
Depreciation
At 1 January 2025	17,517	3,309	38,709	59,535
Charge for the year	303	5	6,216	6,524
At 31 December 2025	17,820	3,314	44,925	66,059
Carrying amount
At 31 December 2025	911	-	18,645	19,556
At 31 December 2024	725	5	24,861	25,591

Included in Motor Vehicles is an asset with initial cost of £43,935 and Net Book Value as at 31st December 2025 of £18,535 which is held under a hire purchase contract.

Dovetail Joinery (Preston) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025 (continued)

5

Stocks

	2025 £	2024 £
Other inventories	1,000	3,000

6

Debtors

Current	2025 £	2024 £
Trade debtors	2,472	30,197
Prepayments	831	483
	3,303	30,680

Dovetail Joinery (Preston) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025 (continued)

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	14,199	9,000
Trade creditors		1,594	54
Taxation and social security		9,025	22,839
Accruals and deferred income		2,350	9,802
Other creditors		254	2,528
		27,422	44,223

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	1,666	9,172

8	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Hire purchase contracts	1,666	6,667
Other borrowings	-	2,505
	1,666	9,172

Current loans and borrowings

	2025 £	2024 £
Bank overdrafts	6,693	-
Hire purchase contracts	5,000	5,000
Other borrowings	2,506	4,000
	14,199	9,000

Dovetail Joinery (Preston) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025 (continued)

8	Loans and borrowings (continued)

Included within creditors is Bank Loans which are secured of £2,506 (2024 - £6,506)

The UK Government have provided a 100% guarantee on the Bounce Back Loan Scheme (BBLS), borrowings obtained from HSBC Bank PLC.