Company No: 06767353 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	13,522		35,563
		13,522		35,563
Current assets
Stocks	4	7,000		13,021
Debtors	5	149,868		161,666
Cash at bank and in hand		22,118		0
		178,986		174,687
Creditors: amounts falling due within one year	6	( 209,612)		( 241,439)
Net current liabilities		(30,626)		(66,752)
Total assets less current liabilities		(17,104)		(31,189)
Creditors: amounts falling due after more than one year	7	( 3,333)		( 31,187)
Provision for liabilities		( 7,863)		( 8,891)
Net liabilities		( 28,300)		( 71,267)
Capital and reserves
Called-up share capital		100		100
Profit and loss account		( 28,400 )		( 71,367 )
Total shareholders' deficit		( 28,300)		( 71,267)

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.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• 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; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Moxom Joinery Limited (registered number: 06767353) were approved and authorised for issue by the Board of Directors on 27 July 2026. They were signed on its behalf by:

Mr R C M Fox Director

Mr J P Manley Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Moxom Joinery Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Leanne House, 6 Avon Close, Weymouth, DT4 9UX, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

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.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, 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.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date that are expected to apply when the timing differences reverse. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax liabilities are presented within provisions for liabilities on the balance sheet.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Vehicles	25 % reducing balance
Tools and equipment	15 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

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.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to net realisable value. Cost comprises purchase price and other costs directly attributable to the acquisition of materials.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over their estimated selling price, less costs to sell, is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

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 creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	9		12

3. Tangible assets

	Vehicles		Tools and equipment		Total
	£		£		£
Cost
At 01 January 2025	49,995		1,400		51,395
Additions	0		4,906		4,906
Disposals	( 34,000)		0		( 34,000)
At 31 December 2025	15,995		6,306		22,301
Accumulated depreciation
At 01 January 2025	15,592		240		15,832
Charge for the financial year	2,624		417		3,041
Disposals	( 10,094)		0		( 10,094)
At 31 December 2025	8,122		657		8,779
Net book value
At 31 December 2025	7,873		5,649		13,522
At 31 December 2024	34,403		1,160		35,563

4. Stocks

	2025		2024
	£		£
Stocks	7,000		5,000
Work in progress	0		8,021
	7,000		13,021

5. Debtors

	2025		2024
	£		£
Trade debtors	72,114		84,724
Other debtors	77,754		76,942
	149,868		161,666

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans and overdrafts	4,000		18,949
Trade creditors	15,249		40,359
Taxation and social security	94,655		32,592
Obligations under finance leases and hire purchase contracts	3,999		8,474
Other creditors	91,709		141,065
	209,612		241,439

7. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Obligations under finance leases and hire purchase contracts	1,999		25,853
Other creditors	1,334		5,334
	3,333		31,187

Obligations under finance leases and hire purchase contracts are secured by a fixed charge over the assets to which they relate.

8. Related party transactions

Transactions with the entity's directors

The Directors loan accounts are repayable on demand and interest has been charged on overdrawn balances exceeding £10,000 at the official HMRC rates.

At 1 January 2025 the balance owed by one of the directors was £7,221. During the year, the company made advances to the directors of £15,000 and received payments of £15,312, leaving a balance due from the director of £6,909.

At 1 January 2024 the balance owed by one of the directors was £nil. During the year, the company made advances to the directors of £16,500 and received payments of £9,279, leaving a balance due from the director of £7,221.

At 1 January 2025 the balance owed by one of the directors was £591. During the year, the company made advances to the directors of £11,370 and received payments of £11,682, leaving a balance due from the director of £279.

At 1 January 2024 the balance owed by one of the directors was £nil. During the year, the company made advances to the directors of £19,013 and received payments of £18,422, leaving a balance due from the director of £591.