REGISTERED NUMBER: 09480587 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

George Frederick Cabinet Makers Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr C Alcock

REGISTERED OFFICE:

Cherry Tree Court

Cross Street

Leek

Staffordshire

ST13 6BL

REGISTERED NUMBER:

09480587 (England and Wales)

ACCOUNTANTS:

Bennett Brooks & Co Ltd

Chartered Accountants

Cherry Tree Court

Cross Street

Leek

Staffordshire

ST13 6BL

FIXED ASSETS

Tangible assets

4

32,035

12,926

CURRENT ASSETS

Stocks

22,000

23,500

Debtors

5

1,638

-

Cash at bank

33,299

15,352

56,937

38,852

CREDITORS

Amounts falling due within one year

6

(54,602

)

(43,356

)

NET CURRENT ASSETS/(LIABILITIES)

2,335

(4,504

)

TOTAL ASSETS LESS CURRENT LIABILITIES

34,370

8,422

CREDITORS

Amounts falling due after more than one year

7

(24,929

)

(4,566

)

PROVISIONS FOR LIABILITIES

(5,501

)

(1,870

)

NET ASSETS

3,940

1,986

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

3,840

1,886

3,940

1,986

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 July 2026 and were signed by:

Mr C Alcock - Director

1.	STATUTORY INFORMATION

George Frederick Cabinet Makers Ltd 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.

Freehold property

-

not provided

Plant and machinery

-

15% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

25% on cost

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 7 (2025 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

Computer

property

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2025

3,083

21,048

29,999

1,639

55,769

Additions

-

1,724

31,600

1,167

34,491

At 31 March 2026

3,083

22,772

61,599

2,806

90,260

DEPRECIATION

At 1 April 2025

-

17,138

25,049

656

42,843

Charge for year

-

1,602

12,850

930

15,382

At 31 March 2026

-

18,740

37,899

1,586

58,225

NET BOOK VALUE

At 31 March 2026

3,083

4,032

23,700

1,220

32,035

At 31 March 2025

3,083

3,910

4,950

983

12,926

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

Motor

vehicles

£

COST

Additions

31,600

At 31 March 2026

31,600

DEPRECIATION

Charge for year

7,900

At 31 March 2026

7,900

NET BOOK VALUE

At 31 March 2026

23,700

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

1,638

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Hire purchase contracts

7,065

6,484

Trade creditors

25,235

11,687

Taxation and social security

18,402

21,744

Other creditors

3,900

3,441

54,602

43,356

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Hire purchase contracts

24,929

4,566