REGISTERED NUMBER: 07393075 (England and Wales)

RICHARD EVANS CARPENTRY LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

R J Evans

REGISTERED OFFICE:

West Lodge

Rainbow Street

Leominster

Herefordshire

HR6 8DQ

REGISTERED NUMBER:

07393075 (England and Wales)

ACCOUNTANTS:

Davies Edwards & Co

Chartered Certified Accountants

West Lodge

Rainbow Street

Leominster

Herefordshire

HR6 8DQ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

64,533

79,637

64,533

79,637

CURRENT ASSETS

Stock and work in progress

88,235

58,205

Debtors

6

1,230,903

518,221

Cash at bank and in hand

177,956

769,547

1,497,094

1,345,973

CREDITORS

Amounts falling due within one year

7

505,317

341,509

NET CURRENT ASSETS

991,777

1,004,464

TOTAL ASSETS LESS CURRENT LIABILITIES

1,056,310

1,084,101

CREDITORS

Amounts falling due after more than one year

8

51,159

60,501

NET ASSETS

1,005,151

1,023,600

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

10

1,005,051

1,023,500

SHAREHOLDERS' FUNDS

1,005,151

1,023,600

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 2 September 2026 and were signed by:

R J Evans - Director

1.	STATUTORY INFORMATION

Richard Evans Carpentry 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.

Goodwill

Goodwill, being the amount paid in connection with the incorporation of the business in 2010, has been amortised over it's estimated useful life of 5 years.

Formation costs

Formation costs have been fully amortised in the year in which they were incurred.

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.

Plant and machinery

-

20% on reducing balance

Office equipment

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stock and work in progress 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 stock and work in progress 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1 January 2025

and 31 December 2025

50,000

143

50,143

AMORTISATION

At 1 January 2025

and 31 December 2025

50,000

143

50,143

NET BOOK VALUE

At 31 December 2025

-

-

-

At 31 December 2024

-

-

-

5.	TANGIBLE FIXED ASSETS

Plant and

Office

Motor

Computer

machinery

equipment

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2025

6,156

10,822

128,067

6,799

151,844

Additions

1,510

-

-

6,122

7,632

Disposals

-

-

-

(3,314

)

(3,314

)

At 31 December 2025

7,666

10,822

128,067

9,607

156,162

DEPRECIATION

At 1 January 2025

4,219

7,691

56,031

4,266

72,207

Charge for year

688

627

18,009

3,204

22,528

Eliminated on disposal

-

-

-

(3,106

)

(3,106

)

At 31 December 2025

4,907

8,318

74,040

4,364

91,629

NET BOOK VALUE

At 31 December 2025

2,759

2,504

54,027

5,243

64,533

At 31 December 2024

1,937

3,131

72,036

2,533

79,637

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

Motor

vehicles

£

COST

At 1 January 2025

and 31 December 2025

99,599

DEPRECIATION

At 1 January 2025

43,575

Charge for year

14,006

At 31 December 2025

57,581

NET BOOK VALUE

At 31 December 2025

42,018

At 31 December 2024

56,024

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

592,000

227,258

Retentions

71,642

87,596

Shareholder loan

40,000

-

Directors' current accounts

491,779

184,138

VAT

29,249

14,561

Deferred tax asset

4,488

2,232

Prepayments and accrued income

1,745

2,436

1,230,903

518,221

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

4,167

10,000

Hire purchase contracts

5,175

5,175

Trade creditors

120,031

72,106

Tax

80,006

117,249

Social security and other taxes

172,372

63,028

Subcontractors

117,182

67,867

Credit card

(16

)

(16

)

Accruals and deferred income

6,400

6,100

505,317

341,509

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

-

4,167

Hire purchase contracts

51,159

56,334

51,159

60,501

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

10.

RESERVES

Retained

earnings

£

At 1 January 2025

1,023,500

Profit for the year

113,130

Dividends

(131,579

)

At 31 December 2025

1,005,051

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

2025

2024

£

£

R J Evans

Balance outstanding at start of year

184,138

140,441

Amounts advanced

484,715

300,114

Amounts repaid

(177,074

)

(256,417

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

491,779

184,138

Final dividends of £131,579 were paid during this financial year.