Company registration number 05276614 (England and Wales)
LAMINATES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
PAGES FOR FILING WITH REGISTRAR
LAMINATES LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
LAMINATES LIMITED
BALANCE SHEET
AS AT
30 NOVEMBER 2025
30 November 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
583,057
409,675
Current assets
Stocks
326,714
437,085
Debtors
5
1,371,125
1,064,757
Cash at bank and in hand
2,485,375
2,482,326
4,183,214
3,984,168
Creditors: amounts falling due within one year
6
(1,467,492)
(1,258,179)
Net current assets
2,715,722
2,725,989
Total assets less current liabilities
3,298,779
3,135,664
Provisions for liabilities
(116,000)
(90,500)
Net assets
3,182,779
3,045,164
Capital and reserves
Called up share capital
125
100
Profit and loss reserves
3,182,654
3,045,064
Total equity
3,182,779
3,045,164
LAMINATES LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 NOVEMBER 2025
30 November 2025
- 2 -

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved by the board of directors and authorised for issue on 25 June 2026 and are signed on its behalf by:
A C Ruddiforth
Director
Company Registration No. 05276614
LAMINATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 3 -
1
Accounting policies
Company information

Laminates Limited is a private company, limited by shares and incorporated in England and Wales. The registered office is 8 Parkway Close, Sheffield, S9 4WJ.

1.1
Accounting convention

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 a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention,. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Land
Not depreciated
Plant and machinery
1 - 15% straight line
Fixtures, fittings & equipment
20% straight line
Motor vehicles
25% straightline

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.

1.4
Stocks

Stock is valued at the lower of cost and net realisable value.

1.5
Cash at bank and in hand

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.

LAMINATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
1
Accounting policies
(Continued)
- 4 -
1.6
Taxation

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

Current 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.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

1.7
Retirement benefits

The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the year they are payable.

1.8
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
41
38
3
Intangible fixed assets
Goodwill
£
Cost
At 1 December 2024 and 30 November 2025
76,378
Amortisation and impairment
At 1 December 2024 and 30 November 2025
76,378
Carrying amount
At 30 November 2025
-
0
At 30 November 2024
-
0
LAMINATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 5 -
4
Tangible fixed assets
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 1 December 2024
21,500
2,059,776
2,081,276
Additions
-
0
274,697
274,697
Disposals
-
0
(226,204)
(226,204)
At 30 November 2025
21,500
2,108,269
2,129,769
Depreciation and impairment
At 1 December 2024
-
0
1,671,601
1,671,601
Depreciation charged in the year
-
0
101,315
101,315
Eliminated in respect of disposals
-
0
(226,204)
(226,204)
At 30 November 2025
-
0
1,546,712
1,546,712
Carrying amount
At 30 November 2025
21,500
561,557
583,057
At 30 November 2024
21,500
388,175
409,675

LAMINATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 6 -
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
756,143
487,856
Other debtors
89,312
69,716
Prepayments and accrued income
62,908
44,491
908,363
602,063
2025
2024
Amounts falling due after more than one year:
£
£
Other debtors
462,762
462,694
Total debtors
1,371,125
1,064,757
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
495,237
352,401
Corporation tax
55,017
91,207
Other taxation and social security
203,543
111,434
Other creditors
423,465
467,680
Accruals and deferred income
290,230
235,457
1,467,492
1,258,179

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