REGISTERED NUMBER: 14598774 (England and Wales)

Tweed Timber Frame Ltd

Unaudited Financial Statements

for the Year Ended 31st January 2026

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

Directors:

B T Dytor

S Cordery

Registered office:

Plot 18, Unit 2

Windmill Way East

Ramparts Business Park

Berwick Upon Tweed

Northumberland

TD15 1TQ

Registered number:

14598774 (England and Wales)

Accountants:

Rennie Welch LLP

Academy House

Shedden Park Road

Kelso

Roxburghshire

TD5 7AL

Fixed assets

Tangible assets

4

79,371

62,710

Current assets

Debtors

5

115,165

69,303

Cash at bank

15,391

3,857

130,556

73,160

Creditors

Amounts falling due within one year

6

111,158

57,529

Net current assets

19,398

15,631

Total assets less current liabilities

98,769

78,341

Creditors

Amounts falling due after more than one year

7

(22,514

)

(13,478

)

Provisions for liabilities

(15,560

)

(7,946

)

Net assets

60,695

56,917

Capital and reserves

Called up share capital

100

100

Retained earnings

60,595

56,817

60,695

56,917

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2026 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 28th October 2026 and were signed on its behalf by:

B T Dytor - Director

1.	Statutory information

Tweed Timber Frame 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 represents the total invoice value, excluding value added tax, of sales invoiced during the year, or the fair value of services provided for amounts not invoiced at the year end.

Turnover arsing from the sale of goods is recognised when the significant risks and rewards of ownership have passed to the buyer. Turnover arising from the provision of service is recognised as contract activity progresses and the right to consideration is earned.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Office equipment

-

25% on cost

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

Financial instruments

The following assets and liabilities are classified as financial instruments - trade creditors, accruals, hire purchase contracts, directors' loans, other loans and bank overdrafts.

Hire purchase contracts are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective method.

Directors' loans (being repayable on demand), trade creditors, accruals, other loans and bank overdrafts are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings.

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.

Provisions

Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the balance sheet date and that a payment will be required in settlement that can be estimated reliably. Where material, provisions are calculated on a discounted basis.

Employee benefits

Short term employee benefits, including holiday pay, are recognised as an expense in the Statement of Income and Retained Earnings in the period in which they are incurred.

Going concern

The directors have considered the company's financial position for a minimum period of 12 months and beyond from the date of signing these financial statements and have an expectation that the company should be in position to continue trading in the current format for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing these financial statements.

3.	Employees and directors

The average number of employees during the year was 2 (2025 - 2 ) .

4.	Tangible fixed assets

Plant and

Motor

Office

machinery

vehicles

equipment

Totals

£

£

£

£

Cost

At 1st February 2025

23,704

54,793

4,677

83,174

Additions

3,380

27,498

-

30,878

At 31st January 2026

27,084

82,291

4,677

114,052

Depreciation

At 1st February 2025

4,383

14,494

1,587

20,464

Charge for year

4,165

8,881

1,171

14,217

At 31st January 2026

8,548

23,375

2,758

34,681

Net book value

At 31st January 2026

18,536

58,916

1,919

79,371

At 31st January 2025

19,321

40,299

3,090

62,710

5.

Debtors: amounts falling due within one year

2026

2025

£

£

Other debtors

115,165

69,303

6.

Creditors: amounts falling due within one year

2026

2025

£

£

Bank loans and overdrafts

27,406

5,510

Hire purchase contracts

13,835

7,898

Trade creditors

2,624

4,047

Taxation and social security

19,061

31,069

Other creditors

48,232

9,005

111,158

57,529

7.

Creditors: amounts falling due after more than one year

2026

2025

£

£

Hire purchase contracts

22,514

13,478

8.	Secured debts

The following secured debts are included within creditors:

2026

2025

£

£

Hire purchase contracts

36,349

21,376

Hire purchase contracts are secured against the assets to which they relate.

9.	Directors' advances, credits and guarantees

The following advances and credits to directors subsisted during the years ended 31st January 2026 and 31st January 2025:

2026

2025

£

£

Director 1

Balance outstanding at start of period

32,157

38,392

Amounts advanced

67,370

62,614

Amounts repaid

(52400

)

(68,848

)

Balance outstanding at end of period

48,527

32,157

Director 2

Balance outstanding at start of period

34,132

40,852

Amounts advanced

67,481

62,128

Amounts repaid

(50,400

)

(68,849

)

Balance outstanding at end of period

52,751

34,132

These loans are unsecured and repayable on demand. Interest is charged by the company at the official rate published by HMRC.