REGISTERED NUMBER: OC321433 (England and Wales)

G B S JOINERY LLP

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

A J Duckworth

D Lamb

Sash Windows (North West) Ltd

REGISTERED OFFICE:

Unit 2 James Street

Edgeley

Stockport

Cheshire

SK3 9AG

REGISTERED NUMBER:

OC321433 (England and Wales)

ACCOUNTANTS:

Rushtons

Chartered Accountants

Shorrock House

1 Faraday Court

Fulwood

Preston

Lancashire

PR2 9NB

FIXED ASSETS

Intangible assets

4

4,105

5,982

Tangible assets

5

42,504

37,744

46,609

43,726

CURRENT ASSETS

Stocks

7,568

6,260

Debtors

6

61,748

75,684

Cash at bank

7,306

13,623

76,622

95,567

CREDITORS

Amounts falling due within one year

7

117,877

105,223

NET CURRENT LIABILITIES

(41,255

)

(9,656

)

TOTAL ASSETS LESS CURRENT LIABILITIES

5,354

34,070

CREDITORS

Amounts falling due after more than one year

8

5,354

1,851

NET ASSETS ATTRIBUTABLE TO MEMBERS

-

32,219

LOANS AND OTHER DEBTS DUE TO MEMBERS

10

-

32,219

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

10

-

32,219

Amounts due from members

6

(20,141

)

(3,914

)

(20,141

)

28,305

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 March 2026.

The members acknowledge their responsibilities for:

(a)	ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the LLP as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

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

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 14 July 2026 and were signed by:

Sash Windows (North West) Ltd - Designated member

1.	STATUTORY INFORMATION

G B S Joinery LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 9 (2025 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2025

and 31 March 2026

11,810

AMORTISATION

At 1 April 2025

5,828

Charge for year

1,877

At 31 March 2026

7,705

NET BOOK VALUE

At 31 March 2026

4,105

At 31 March 2025

5,982

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

158,326

Additions

14,103

At 31 March 2026

172,429

DEPRECIATION

At 1 April 2025

120,582

Charge for year

9,343

At 31 March 2026

129,925

NET BOOK VALUE

At 31 March 2026

42,504

At 31 March 2025

37,744

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

18,276

34,445

Other debtors

43,472

41,239

61,748

75,684

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

28,743

11,112

Hire purchase contracts

2,466

-

Trade creditors

47,692

51,469

Taxation and social security

20,519

24,741

Other creditors

18,457

17,901

117,877

105,223

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

1,851

Hire purchase contracts

5,354

-

5,354

1,851

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Hire purchase contracts

7,820

-

10.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Capital loans and other debts due to members rank equally with unsecured creditors, in accordance with the LLP agreement.