Registration number: 09952669

Duckpaddle Garden Joinery Ltd

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 7

Duckpaddle Garden Joinery Ltd

(Registration number: 09952669)
Balance Sheet as at 31 January 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	62,384	34,959
Current assets
Stocks	5	42,945	57,646
Debtors	6	10,938	28,199
Cash at bank and in hand		27,237	19,077
		81,120	104,922
Creditors: Amounts falling due within one year	7	(71,198)	(104,387)
Net current assets		9,922	535
Total assets less current liabilities		72,306	35,494
Creditors: Amounts falling due after more than one year	7	(72,105)	(35,241)
Net assets		201	253
Capital and reserves
Called up share capital		100	100
Retained earnings		101	153
Shareholders' funds		201	253

Duckpaddle Garden Joinery Ltd

(Registration number: 09952669)
Balance Sheet as at 31 January 2026

For the financial year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 19 October 2026 and signed on its behalf by:
 

......................................... Mr James Goodwin Director

Duckpaddle Garden Joinery Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Duck Paddle
Unit 9
Blythe Park Cresswell Lane
Stoke-On-Trent
Staffordshire
ST11 9RD
England

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Judgements

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Duckpaddle Garden Joinery Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant & machinery	25% reducing balance
Office equipment	25% reducing balance
Motor vehicles	25% reducing balance

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Duckpaddle Garden Joinery Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2025 - 3).

Duckpaddle Garden Joinery Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

4	Tangible assets

	Plant and machinery £	Office equipment £	Motor vehicles  £	Total £
Cost or valuation
At 1 February 2025	29,360	4,200	62,772	96,332
Additions	2,012	-	55,319	57,331
Disposals	-	-	(30,384)	(30,384)
At 31 January 2026	31,372	4,200	87,707	123,279
Depreciation
At 1 February 2025	23,783	2,943	34,647	61,373
Charge for the year	1,836	315	10,880	13,031
Eliminated on disposal	-	-	(13,509)	(13,509)
At 31 January 2026	25,619	3,258	32,018	60,895
Carrying amount
At 31 January 2026	5,753	942	55,689	62,384
At 31 January 2025	5,577	1,257	28,125	34,959

5

Stocks

	2026 £	2025 £
Work in progress	32,787	45,696
Other inventories	10,158	11,950
	42,945	57,646

6

Debtors

Current	2026 £	2025 £
Trade debtors	2,939	8,700
Other debtors	7,999	19,499
	10,938	28,199

Duckpaddle Garden Joinery Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

7

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Loans and borrowings		30,925	38,372
Trade creditors		10,574	15,802
Other creditors		29,699	50,213
		71,198	104,387

Included in loans and borrowings are amounts owed under hire purchase. These hire purchases are secured by the assets themselves.

Also included in loans and borrowings are funds which are secured by James Goodwin (Director) in his capacity as guarantor.

	2026 £	2025 £
Current loans and borrowings
Bank borrowings	24,617	12,874
Bank overdrafts	1,533	1,534
Loans and borrowings	4,775	23,964
	30,925	38,372

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings		72,105	35,241