A R Naylor & Sons Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

1. General Information

A R Naylor & Sons Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05503939 . The registered office is 815 Upper Wortley Road, Thorpe Hesley, Rotherham, S61 2PN.

The principal activity of the company during the year was joinery services.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It was amortised to the profit and loss account over its estimated economic life of 10 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20% reducing balance
Motor Vehicles	25% reducing balance
Fixtures & Fittings	20% reducing balance

2.5. Stocks and Work in Progress

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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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A R Naylor & Sons Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

2.6. Financial Instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as bank and cash balances, trade and other accounts receivable and payable, loans from banks and other third parties and loans to and from related parties.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the transaction price and subsequently at amortised cost using the effective interest method. Debt instruments that are payable

or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction,

the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

2.7. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors.

2.8. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.9. Government Grant

Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.

All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 9 (2024: 9)

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A R Naylor & Sons Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 September 2024	30,000

As at 31 August 2025	30,000

Amortisation
As at 1 September 2024	30,000

As at 31 August 2025	30,000

Net Book Value
As at 31 August 2025	-

As at 1 September 2024	-

5. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 September 2024	46,941	138,035	6,842	191,818
Additions	-	3,000	-	3,000

As at 31 August 2025	46,941	141,035	6,842	194,818

Depreciation
As at 1 September 2024	25,798	73,649	6,077	105,524
Provided during the period	4,235	16,471	155	20,861

As at 31 August 2025	30,033	90,120	6,232	126,385

Net Book Value
As at 31 August 2025	16,908	50,915	610	68,433

As at 1 September 2024	21,143	64,386	765	86,294

6. Stocks

	2025	2024
	£	£
Stock	1,350	1,250
Work in progress	11,134	-

	12,484	1,250

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A R Naylor & Sons Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	155,154	61,788
Other debtors	191,067	218,348

	346,221	280,136

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	54,038	27,237
Other creditors	15,219	5,702
Taxation and social security	73,877	60,005

	143,134	92,944

9. Deferred Taxation

The provision for deferred tax is made up as follows:

	2025	2024
	£	£
Other timing differences	17,000	22,000

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

11. Pension Commitments

The company operates a defined contribution pension scheme.The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of £730 (PY: £543) were due to the fund. They are included in Other Creditors.

12. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 September 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 August 2025
	£	£	£	£	£
Mr Anthony Naylor	136,314	-	(19,897 )	-	116,417

The above loan is unsecured, carriest interest at the HMRC official rate of 2.25%/3.75% and repayable on demand.

13. Dividends

	2025	2024
	£	£
On equity shares:
Final dividend paid	41,000	31,757

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		68,433		86,294

			68,433		86,294
CURRENT ASSETS
Stocks	6	12,484		1,250
Debtors	7	346,221		280,136
Cash at bank and in hand		271,352		196,686

		630,057		478,072
Creditors: Amounts Falling Due Within One Year	8	(143,134 )		(92,944 )

NET CURRENT ASSETS (LIABILITIES)			486,923		385,128

TOTAL ASSETS LESS CURRENT LIABILITIES			555,356		471,422

PROVISIONS FOR LIABILITIES
Deferred Taxation	9		(17,000 )		(22,000 )

NET ASSETS			538,356		449,422

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			538,256		449,322

SHAREHOLDERS' FUNDS			538,356		449,422