Tarrants Timber Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 02927172 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 November 2025

for

TARRANTS TIMBER LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A S Tarrant

REGISTERED OFFICE:

C/O Hill Wooldridge & Co

Monument House

215 Marsh Road

Pinner

HA5 5NE

BUSINESS ADDRESS:

Harrow Garden Centre

Headstone Lane

Harrow

Middlesex

HA2 6NB

REGISTERED NUMBER:

02927172 (England and Wales)

ACCOUNTANTS:

Hill Wooldridge & Co.

Monument House

215 Marsh Road

Pinner

HA5 5NE

FIXED ASSETS

Tangible assets

4

28,132

36,681

CURRENT ASSETS

Stocks

166,903

179,508

Debtors

5

119,815

107,780

Cash at bank and in hand

14,453

11,713

301,171

299,001

CREDITORS

Amounts falling due within one year

6

226,623

191,640

NET CURRENT ASSETS

74,548

107,361

TOTAL ASSETS LESS CURRENT
LIABILITIES

102,680

144,042

CREDITORS

Amounts falling due after more than one
year

7

(32,135

)

(11,097

)

PROVISIONS FOR LIABILITIES

-

(9,171

)

NET ASSETS

70,545

123,774

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

70,543

123,772

SHAREHOLDERS' FUNDS

70,545

123,774

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company 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 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 February 2026 and were signed by:

A S Tarrant - Director

1.	STATUTORY INFORMATION

Tarrants Timber Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company 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 Companies Act 2006. 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

COST

At 1 December 2024

55,782

5,654

40,150

3,155

104,741

Additions

-

829

At 30 November 2025

55,782

5,654

40,150

3,984

105,570

DEPRECIATION

At 1 December 2024

43,117

5,349

17,568

2,026

68,060

Charge for year

3,167

75

5,646

490

9,378

At 30 November 2025

46,284

5,424

23,214

2,516

77,438

NET BOOK VALUE

At 30 November 2025

9,498

230

16,936

1,468

28,132

At 30 November 2024

12,665

305

22,582

1,129

36,681

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

At 1 December 2024

and 30 November 2025

44,000

DEPRECIATION

At 1 December 2024

32,847

Charge for year

2,788

At 30 November 2025

35,635

NET BOOK VALUE

At 30 November 2025

8,365

At 30 November 2024

11,153

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

73,686

65,658

Other debtors

46,129

42,122

119,815

107,780

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

22,697

44,071

Hire purchase contracts

1,097

1,912

Trade creditors

132,021

94,031

Taxation and social security

21,250

24,452

Other creditors

49,558

27,174

226,623

191,640

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

Bank loans

32,135

10,000

Hire purchase contracts

-

1,097

32,135

11,097

8.	RELATED PARTY DISCLOSURES

During the year the company operated a director's loan account. At the balance sheet date, the company owed the director £33,542 (2024: £6,028).

9.	ULTIMATE CONTROLLING PARTY

The company is controlled by A S Tarrant by virtue of his shareholding.