REGISTERED NUMBER: 11498574 (England and Wales)

Unaudited Financial Statements For The Year Ended 31 December 2025

for

Handcrafted By Woodworks Limited

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Directors:

G W Orr

M P Leggett

Secretary:

Mrs K L Orr

Registered office:

Ironstone House

4 Ironstone Way

Brixworth

Northampton

NN6 9UD

Registered number:

11498574 (England and Wales)

Accountants:

R Vann Ltd

Chartered Certified Accountants

Ironstone House

Ironstone Way

Brixworth

Northamptonshire

NN6 9UD

Fixed assets

Tangible assets

4

120,845

99,091

Current assets

Stocks

130,855

97,792

Debtors

5

95,790

121,305

Cash at bank

69,187

48,626

295,832

267,723

Creditors

Amounts falling due within one year

6

230,038

185,837

Net current assets

65,794

81,886

Total assets less current liabilities

186,639

180,977

Creditors

Amounts falling due after more than one year

7

46,822

41,438

Net assets

139,817

139,539

Capital and reserves

Called up share capital

161

161

Share premium

129,971

129,971

Retained earnings

9,685

9,407

139,817

139,539

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 directors acknowledge their 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 Board of Directors and authorised for issue on 21 September 2026 and were signed on its behalf by:

G W Orr - Director

1.	Statutory information

Handcrafted By Woodworks Limited 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.

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

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 9 (2024 - 8 ) .

4.	Tangible fixed assets

Plant and

machinery

etc

£

Cost

At 1 January 2025

184,444

Additions

55,410

At 31 December 2025

239,854

Depreciation

At 1 January 2025

85,353

Charge for year

33,656

At 31 December 2025

119,009

Net book value

At 31 December 2025

120,845

At 31 December 2024

99,091

5.

Debtors: amounts falling due within one year

31.12.25

31.12.24

£

£

Trade debtors

62,913

74,775

Other debtors

32,877

46,530

95,790

121,305

6.

Creditors: amounts falling due within one year

31.12.25

31.12.24

£

£

Bank loans and overdrafts

10,000

10,000

Hire purchase contracts

13,001

13,192

Trade creditors

39,754

37,776

Taxation and social security

11,577

14,719

Other creditors

155,706

110,150

230,038

185,837

7.

Creditors: amounts falling due after more than one year

31.12.25

31.12.24

£

£

Bank loans

14,572

20,186

Hire purchase contracts

8,250

21,252

Other creditors

24,000

-

46,822

41,438

8.	Directors' advances, credits and guarantees

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

31.12.25

31.12.24

£

£

G W Orr

Balance outstanding at start of year

(90,716

)

(111,023

)

Amounts advanced

20,834

32,598

Amounts repaid

(7,458

)

(12,291

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(77,340

)

(90,716

)