Crickhowell Joinery Limited - Filleted accounts

Registered number

10969719

Crickhowell Joinery Limited

Unaudited Filleted Accounts

30 November 2025

Crickhowell Joinery Limited
Registered number:		10969719
Balance Sheet
as at 30 November 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		384,570			345,150

Current assets
Stocks		2,000			6,401
Debtors	4	7,286			4,324
Cash at bank and in hand		54,698			76,983
		63,984			87,708

Creditors: amounts falling due within one year	5	(73,688)			(79,221)

Net current (liabilities)/assets			(9,704)			8,487

Total assets less current liabilities			374,866			353,637

Creditors: amounts falling due after more than one year	6		(291,441)			(292,788)

Provisions for liabilities			(4,495)			(5,997)


Net assets			78,930			54,852

Capital and reserves
Called up share capital			95			95
Profit and loss account			78,835			54,757

Shareholders' funds			78,930			54,852

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Kate Pursey
Director
Approved by the board on 29 July 2026

Crickhowell Joinery Limited
Notes to the Accounts
for the year ended 30 November 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings			The residual value of the buildings is considered to be higher than the carrying value therefore £Nil depreciation
	Leasehold land and buildings			25% reducing balance
	Plant and machinery			20% reducing balance
	Fixtures, fittings, tools and equipment			over 5 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					5		5


3	Tangible fixed assets
		Freehold Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 December 2024	292,228		89,871		60,000		442,099
	Additions	53,709		-		-		53,709
	Disposals	-		-		(21,500)		(21,500)
	At 30 November 2025	345,937		89,871		38,500		474,308

	Depreciation
	At 1 December 2024	-		61,130		35,819		96,949
	Charge for the year	-		5,748		5,214		10,962
	On disposals	-		-		(18,173)		(18,173)
	At 30 November 2025	-		66,878		22,860		89,738

	Net book value
	At 30 November 2025	345,937		22,993		15,640		384,570
	At 30 November 2024	292,228		28,741		24,181		345,150


4	Debtors					2025		2024
£							£

	Trade debtors					7,286		4,202
	Other debtors					-		122
						7,286		4,324


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Obligations under finance lease and hire purchase contracts					1,347		9,746
	Trade creditors					14,204		8,813
	Taxation and social security costs					13,755		13,982
	Income in Advance					13,228		25,488
	Other creditors					31,154		21,192
						73,688		79,221


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Obligations under finance lease and hire purchase contracts					-		1,347
	Director's account after 1 yr					291,441		291,441
						291,441		292,788


7	Related party transactions
	P&P Pest Control Ltd
	P&P Pest Control Ltd is an associated company of Crickhowell Joinery Ltd. All transactions with P&P Pest Control Ltd during the year have been made at open market value rates.

8	Transactions with Directors

	During the year, Mr Philip Pritchard used a current account with the company to record amounts due to him and amounts drawn by him. The account showed an amount of £140,700.00 due to Mr Philip Pritchard as at 30th November 2025 (30/11/24: £140,700.00). The amount is repayable on demand and does not carry interest, however Philip Pritchard does not expect this balance to be repaid within 12 months of the yearend. During the year, Mrs Debra Pritchard used a current account with the company to record amounts due to her and amounts drawn by her. The account showed an amount of £150,741.23 due to Mrs Debra Pritchard as at 30th November 2025 (30/11/24: £150,741.23). The amount is repayable on demand and does not carry interest, however Debra Pritchard does not expect this balance to be repaid within 12 months of the yearend. During the year, Mrs Kate Pursey used a current account with the company to record amounts due to her and amounts drawn by her. The account showed an amount of £13,285 due to Mrs Kate Pursey as at 30th November 2025 (30/11/24: £10,205 ). The amount is repayable on demand. During the year, Mrs Rebecca Davies used a current account with the company to record amounts due to her and amounts drawn by her. The account showed an amount of £7,932 due to Mrs Rebecca Davies as at 30th November 2025 (30/11/24: £6,466). The amount is repayable on demand. During the year, Mrs Rachel Thomas used a current account with the company to record amounts due to her and amounts drawn by her. The account showed an amount of £6,320 due to Mrs Rachel Thomas as at 30th November 2025 (30/11/24: £1,020.00). The amount is repayable on demand and does not carry interest.

8	Other information

	Crickhowell Joinery Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is:
	Timbercraft Park
	Llangattock
	Crickhowell
	Powys
	NP8 1HW