REGISTERED NUMBER: 05835047 (England and Wales)

STEVE WHINNETT CARPENTRY

& JOINERY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Whinnett

Ms A Whinnett

SECRETARY:

Indigo Secretaries Limited

REGISTERED OFFICE:

3 Kensworth Gate

200-204 High Street South

Dunstable

Bedfordshire

LU6 3HS

REGISTERED NUMBER:

05835047 (England and Wales)

ACCOUNTANTS:

Higginson & Co (UK) Ltd

3 Kensworth Gate

200 - 204 High Street South

Dunstable

Bedfordshire

LU6 3HS

FIXED ASSETS

Tangible assets

4

9,407

12,672

CURRENT ASSETS

Stocks

12,945

8,398

Debtors

5

24,980

25,926

Cash at bank

4,553

14,370

42,478

48,694

CREDITORS

Amounts falling due within one year

6

42,976

45,154

NET CURRENT (LIABILITIES)/ASSETS

(498

)

3,540

TOTAL ASSETS LESS CURRENT LIABILITIES

8,909

16,212

CREDITORS

Amounts falling due after more than one year

7

(1,094

)

(12,237

)

PROVISIONS FOR LIABILITIES

8

(1,787

)

(3,168

)

NET ASSETS

6,028

807

CAPITAL AND RESERVES

Called up share capital

9

3

3

Retained earnings

6,025

804

SHAREHOLDERS' FUNDS

6,028

807

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 June 2025 and were signed on its behalf by:

S Whinnett - Director

1.	STATUTORY INFORMATION

Steve Whinnett Carpentry & Joinery 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.

Plant and machinery etc

-

25% on reducing balance and Straight line over 3 years

Stocks

Work in progress is valued at the lower of cost and net realisable value.

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 Income Statement, 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.

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 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 April 2024

17,224

47,289

64,513

Disposals

(8,967

)

-

(8,967

)

At 31 March 2025

8,257

47,289

55,546

DEPRECIATION

At 1 April 2024

16,836

35,005

51,841

Charge for year

194

3,071

3,265

Eliminated on disposal

(8,967

)

-

(8,967

)

At 31 March 2025

8,063

38,076

46,139

NET BOOK VALUE

At 31 March 2025

194

9,213

9,407

At 31 March 2024

388

12,284

12,672

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

19,473

14,210

Prepayments

5,507

11,716

24,980

25,926

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

14,745

23,075

Trade creditors

1,864

1,523

Corporation tax

7,206

5,264

Social security and other taxes

3,465

2,430

VAT

8,268

-

Directors' current accounts

1,478

8,680

Accrued expenses

5,950

4,182

42,976

45,154

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans - 1-2 years

1,094

12,237

8.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

1,787

3,168

Deferred

tax

£

Balance at 1 April 2024

3,168

Credit to Income Statement during year

(1,381

)

Balance at 31 March 2025

1,787

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

1

£1 Ordinary "A"

£1

1

1

1

£1 Ordinary "B"

£1

1

1

1

£1 Ordinary "C"

£1

1

1

3

3

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31.3.25

31.3.24

£

£

S Whinnett

Balance outstanding at start of year

8,680

7,826

Amounts advanced

-

854

Amounts repaid

(7,202

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

1,478

8,680