AS Carpentry London Ltd - Filleted accounts

Registered number

12330974

AS Carpentry London Ltd

Filleted Accounts

30 November 2025

AS Carpentry London Ltd
Registered number:		12330974
Balance Sheet
as at 30 November 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		5,084			6,205

Current assets
Stocks		75,000			55,500
Debtors	4	(1,441)			(750)
Cash at bank and in hand		19,767			4,000
		93,326			58,750

Creditors: amounts falling due within one year	5	(81,842)			(30,683)

Net current assets			11,484			28,067

Total assets less current liabilities			16,568			34,272

Creditors: amounts falling due after more than one year	6		(12,529)			(33,130)



Net assets			4,039			1,142

Capital and reserves
Called up share capital			100			100
Profit and loss account			3,939			1,042

Shareholder's funds			4,039			1,142

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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.




Andrew Stephen Ioannou
Director
Approved by the board on 1 August 2026

AS Carpentry London Ltd
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:

	Motor Vehicle	18% Reducing Balance
	Leasehold land and buildings	over the lease term
	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	33% straight line

	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.

	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			2		2


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 December 2024	469		16,723		17,192
	At 30 November 2025	469		16,723		17,192

	Depreciation
	At 1 December 2024	464		10,523		10,987
	Charge for the year	5		1,116		1,121
	At 30 November 2025	469		11,639		12,108

	Net book value
	At 30 November 2025	-		5,084		5,084
	At 30 November 2024	5		6,200		6,205


4	Debtors			2025		2024
£					£

	Trade debtors			759		-
	Other debtors			(2,200)		(750)
				(1,441)		(750)


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

	Bank loans and overdrafts			1,790		5,799
	Trade creditors			42,807		11,901
	Taxation and social security costs			30,746		12,982
	Other creditors			6,499		1
				81,842		30,683


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

	Other creditors			12,529		33,130


7	Related party transactions
	Andrew Stephen Ioannou
	Director
	As at the balance sheet date, the company owes £12,529 (2024: 33,131) to its director, this is included under other creditors falling due after one year.

8	Controlling party

	Company is under the control of its director, Mr Andrew Stephen Ioannou.


9	Other information

	AS Carpentry London Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	68, Victoria Road
	Romford
	London
	RM1 2LA