Timber Cabins & Summerhouses Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 13120690

Timber Cabins & Summerhouses Limited

Unaudited financial statements

31 March 2026

Timber Cabins & Summerhouses Limited

Statement of financial position

31 March 2026

	2026		2025
Note	£	£	£	£

Fixed assets

Tangible assets	5		75,486		89,407

Current assets

Stocks		8,840	21,095
Debtors	6	13,720	14,503
Cash at bank and in hand		102,271	103,339
		---------	---------
		124,831	138,937

Creditors: Amounts falling due within one year	7	( 97,513)		( 92,735)
		---------		---------
Net current assets			27,318		46,202
			---------		---------
Total assets less current liabilities			102,804		135,609

Creditors: Amounts falling due after more than one year	8		( 16,060)		( 19,509)

Provisions

Taxation including deferred tax	( 18,836)	( 22,329)
	---------	---------
Net assets	67,908	93,771
	---------	---------

Capital and reserves

Called up share capital	300	300
Profit and loss account	67,608	93,471
	-------	-------
Shareholders funds	67,908	93,771
	-------	-------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 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 financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Timber Cabins & Summerhouses Limited

Statement of financial position (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 4 August 2026 , and are signed on behalf of the board by:

N Scott

Director

Company registration number: 13120690

Timber Cabins & Summerhouses Limited

Notes to the financial statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is First Floor Suite, 2 Hillside Business Park, Bury St Edmunds, Suffolk, IP32 7EA. The principal place of business is Whisby Garden Centre, Whisby Road, Whisby, Lincoln, LN6 9BY.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	25% reducing balance
Motor vehicles	-	25% reducing balance
Equipment	-	33% straight line
Display sites	-	20% reducing balance

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of employees during the year was 5 (2025: 5 ).

5. Tangible assets

	Plant and machinery	Motor vehicles	Equipment	Display sites	Total
	£	£	£	£	£
Cost
At 1 April 2025	1,514	88,460	6,915	24,963	121,852
Additions	484	7,928	754	1,574	10,740
	------	-------	------	-------	---------
At 31 March 2026	1,998	96,388	7,669	26,537	132,592
	------	-------	------	-------	---------
Depreciation
At 1 April 2025	433	16,183	4,204	11,625	32,445
Charge for the year	321	19,717	1,641	2,982	24,661
	------	-------	------	-------	---------
At 31 March 2026	754	35,900	5,845	14,607	57,106
	------	-------	------	-------	---------
Carrying amount
At 31 March 2026	1,244	60,488	1,824	11,930	75,486
	------	-------	------	-------	---------
At 31 March 2025	1,081	72,277	2,711	13,338	89,407
	------	-------	------	-------	---------

6. Debtors

	2026	2025
	£	£
Trade debtors	996	1,908
Other debtors	12,724	12,595
	-------	-------
	13,720	14,503
	-------	-------

7. Creditors: Amounts falling due within one year

	2026	2025
	£	£
Trade creditors	12,267	35,265
Accruals and deferred income	2,381	2,160
Social security and other taxes	6,245	5,882
Obligations under finance leases and hire purchase contracts	3,449	5,248
Payments received on account	66,679	43,962
Other creditors	6,492	218
	-------	-------
	97,513	92,735
	-------	-------

Obligations under hire purchase agreements are secured on the assets concerned.

8. Creditors: Amounts falling due after more than one year

	2026	2025
	£	£
Obligations under finance leases and hire purchase contracts	16,060	19,509
	-------	-------

Obligations under hire purchase agreements are secured on the assets concerned.

9. Directors' advances, credits and guarantees

Included within debtors at the year end is an interest free directors loan account of £Nil (2025: £114). The maximum overdrawn balance during the period was £7,984.