Registration number: 14301438

Superior Decking Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 9

Superior Decking Ltd

Company Information

Directors

James Bennett Anne Penelope Bennett Angela Rose Bennett

Registered office

Superior Decking Trunch Lane Chapel St Leonards Skegness Lincolnshire United Kingdom PE24 5TU

Accountants

M Ball & Co Limited The Hemington Millhouse Business Centre Station Road Castle Donington Derby DE74 2NJ

Superior Decking Ltd

(Registration number: 14301438)
Balance Sheet as at 31 August 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	3,844,246	1,437,248
Current assets
Stocks	5	212,718	404,000
Debtors	6	618,492	366,987
Cash at bank and in hand		156,056	36,102
		987,266	807,089
Creditors: Amounts falling due within one year	7	(1,223,489)	(618,217)
Net current (liabilities)/assets		(236,223)	188,872
Total assets less current liabilities		3,608,023	1,626,120
Creditors: Amounts falling due after more than one year	7	(1,149,827)	(1,105,258)
Net assets		2,458,196	520,862
Capital and reserves
Called up share capital		1	1
Other reserves		1,432,500	-
Retained earnings		1,025,695	520,861
Shareholders' funds		2,458,196	520,862

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

Superior Decking Ltd

(Registration number: 14301438)
Balance Sheet as at 31 August 2026

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 22 October 2026 and signed on its behalf by:
 

......................................... James Bennett Director

......................................... Anne Penelope Bennett Director

Superior Decking Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 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:
Superior Decking Trunch Lane
Chapel St Leonards
Skegness
Lincolnshire
PE24 5TU
United Kingdom

These financial statements were authorised for issue by the Board on 22 October 2026.

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

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities 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.

Going concern

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.

Superior Decking Ltd

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

Tax

The tax expense for the period comprises 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 and machinery	25% reducing balance
Office equipment	25% reducing balance
Motor vehicle	25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

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.

Superior Decking Ltd

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

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

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).

Superior Decking Ltd

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

4	Tangible assets

	Land and buildings £	Fixtures and fittings £	Plant and machinery £	Office equipment £
Cost or valuation
At 1 September 2025	967,952	-	484,750	6,286
Revaluations	2,406,150	-	-	-
Additions	83,523	440,000	35,833	2,022
Disposals	(457,625)	-	-	-
At 31 August 2026	3,000,000	440,000	520,583	8,308
Depreciation
At 1 September 2025	-	-	97,033	931
Charge for the year	-	-	86,185	1,475
At 31 August 2026	-	-	183,218	2,406
Carrying amount
At 31 August 2026	3,000,000	440,000	337,365	5,902
At 31 August 2025	967,952	-	387,717	5,355

	Motor vehicles  £	Total £
Cost or valuation
At 1 September 2025	82,750	1,541,738
Revaluations	-	2,406,150
Additions	-	561,378
Disposals	-	(457,625)
At 31 August 2026	82,750	4,051,641
Depreciation
At 1 September 2025	6,526	104,490
Charge for the year	15,245	102,905
At 31 August 2026	21,771	207,395
Carrying amount
At 31 August 2026	60,979	3,844,246
At 31 August 2025	76,224	1,437,248

Included within the net book value of land and buildings above is £3,000,000 (2025 - £967,952) in respect of freehold land and buildings.
 

Superior Decking Ltd

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

5

Stocks

	2026 £	2025 £
Work in progress	49,000	49,000
Other inventories	163,718	355,000
	212,718	404,000

6

Debtors

Current	Note	2026 £	2025 £
Trade debtors		427,207	210,946
Amounts owed by related parties		191,285	156,041
		618,492	366,987

Superior Decking Ltd

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

7

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Loans and borrowings	8	191,143	191,143
Trade creditors		220,342	3,458
Amounts owed to group undertakings and undertakings in which the company has a participating interest		44,370	-
Taxation and social security		66,277	86,815
Accruals and deferred income		14,250	14,250
Other creditors		687,107	322,551
		1,223,489	618,217

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings	8	1,149,827	1,105,258

8	Loans and borrowings

Non-current loans and borrowings

	2026 £	2025 £
Bank borrowings	1,149,827	1,105,258

Current loans and borrowings

	2026 £	2025 £
Bank borrowings	134,110	120,000
Bank overdrafts	57,033	71,143
	191,143	191,143