2023-02-01 04450285 2024-01-31 04450285 2023-02-01 2024-01-31 04450285 2023-01-31 04450285 2022-02-01 2023-01-31 04450285 uk-core:WithinOneYear 2023-01-31 04450285 uk-core:WithinOneYear 2024-01-31 04450285 uk-core:AfterOneYear 2023-01-31 04450285 uk-core:AfterOneYear 2024-01-31 04450285 uk-core:ShareCapital 2024-01-31 04450285 uk-core:ShareCapital 2023-01-31 04450285 uk-core:RetainedEarningsAccumulatedLosses 2024-01-31 04450285 uk-core:RetainedEarningsAccumulatedLosses 2023-01-31 04450285 uk-bus:Director1 2023-02-01 2024-01-31 04450285 uk-bus:Director2 2023-02-01 2024-01-31 04450285 uk-core:NetGoodwill 2023-02-01 2024-01-31 04450285 uk-core:Buildings 2023-02-01 2024-01-31 04450285 uk-core:ToolsEquipment 2023-02-01 2024-01-31 04450285 uk-core:FurnitureFittings 2023-02-01 2024-01-31 04450285 uk-core:Goodwill 2023-01-31 04450285 uk-core:Goodwill 2024-01-31 04450285 uk-core:ToolsEquipment 2023-01-31 04450285 uk-core:FurnitureFittings 2023-01-31 04450285 uk-core:MotorCars 2023-01-31 04450285 uk-core:Buildings 2023-01-31 04450285 uk-core:MotorCars 2024-01-31 04450285 uk-core:FurnitureFittings 2024-01-31 04450285 uk-core:ToolsEquipment 2024-01-31 04450285 uk-core:Buildings 2024-01-31 04450285 uk-core:MotorCars 2023-02-01 2024-01-31 04450285 uk-core:AfterOneYear uk-core:Secured 2024-01-31 04450285 uk-core:AfterOneYear uk-core:Secured 2023-01-31 04450285 3 uk-bus:Director1 2023-02-01 2024-01-31 04450285 3 uk-bus:Director1 2024-01-31 04450285 3 uk-bus:Director1 2023-01-31 04450285 4 uk-bus:Director2 2023-02-01 2024-01-31 04450285 4 uk-bus:Director2 2024-01-31 04450285 4 uk-bus:Director2 2023-01-31 iso4217:GBP xbrli:pure 04450285 uk-bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 04450285 uk-bus:FRS102 2023-02-01 2024-01-31 04450285 uk-bus:FilletedAccounts 2023-02-01 2024-01-31 04450285 uk-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31
ECLECTIC INTERIORS LTD
Registered Number:04450285
For the year ended 31 January 2024
England and Wales
Unaudited Financial Statements
2
Registered Number :
04450285
As at 31 January 2024
ECLECTIC INTERIORS LTD
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
5,144
6,859
3
5,144
6,859
Current assets
Inventories
76,036
53,149
4
Trade and other receivables
86,063
16,661
5
280,712
Cash and cash equivalents
105,886
175,696
442,811
Trade and other payables: amounts falling due within
one year
(256,698)
(101,882)
6
186,113
73,814
Net current assets
Total assets less current liabilities
78,958
192,972
Trade and other payables: amounts falling due after
more than one year
(6,802)
(4,182)
7
(977)
(1,715)
Provisions for liabilities
73,799
Net assets
184,455
Capital and reserves
Called up share capital
100
100
Retained earnings
73,699
184,355
73,799
184,455
Shareholders' funds
For the year ended 31 January 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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Registered Number :
04450285
For the year ended 31 January 2024
ECLECTIC INTERIORS LTD
Statement of Financial Position Continued
Mrs Jolanta Harradine Director
Mr Neil Harradine Director
These financial statements were approved and authorised for issue by the Board on 13 March 2024 and were signed by:
The notes form part of these financial statements
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For the year ended 31 January 2024
ECLECTIC INTERIORS LTD
Notes to the Financial Statements
Statutory Information
ECLECTIC INTERIORS LTD is a private limited company, limited by shares, domiciled in England and
Wales, registration number 04450285.
Registered address:
65 Abbeville Road
London
SW4 9JW
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'
and the Companies Act 2006. The financial statements have been prepared under the historical costs
convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of 20 years.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and buildings
In accordance with the lease Straight line
25% Reducing balance
Computer equipment
25% Reducing balance
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Debtors include amounts recoverable on long term contracts which are stated at the net sales value of the work done after provision for contingencies and any anticipated future losses on contracts, less amounts received as progress payments on account. Any excess progress payments are included in creditors as payments on account.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
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5
For the year ended 31 January 2024
ECLECTIC INTERIORS LTD
Notes to the Financial Statements Continued
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 February 2023
30,000
At 31 January 2024
30,000
Amortisation
At 01 February 2023
30,000
At 31 January 2024
30,000
Net book value
At 31 January 2024
-
At 31 January 2023
-
Intangible Fixed Assets represents the amortized purchase cost of a Director's unincorporated business.
3. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
Motor
vehicles
Land and
buildings
£
£
£
£
£
Cost or
valuation
At 01 February 2023
74,401
23,286
4,837
27,193
19,085
At 31 January 2024
27,193
4,837
23,286
74,401
19,085
Provision for depreciation and impairment
At 01 February 2023
67,542
21,422
4,682
22,353
19,085
Charge for year
1,715
466
39
1,210
-
At 31 January 2024
69,257
21,888
4,721
23,563
19,085
At 31 January 2024
Net book value
-
3,630
116
1,398
5,144
At 31 January 2023
-
4,840
155
1,864
6,859
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For the year ended 31 January 2024
ECLECTIC INTERIORS LTD
Notes to the Financial Statements Continued
4. Inventories
2023
2024
£
£
Stocks
53,149
76,036
5. Trade and other receivables
2023
2024
£
£
Trade debtors
118
5,968
Other debtors
16,543
80,095
86,063
16,661
The debtors above include the following amounts falling due after more than one year:
Other debtors
10,340
10,340
6. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
61,700
215,881
Taxation and social security
37,431
38,067
Other creditors
2,751
2,750
101,882
256,698
7. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
4,182
6,802
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For the year ended 31 January 2024
ECLECTIC INTERIORS LTD
Notes to the Financial Statements Continued
8. Directors advances and guarantees
At 01/02/2023
Repaid
At 31/01/2024
£
£
£
Mr Neil Harradine
Loan to director
-
32,628
32,628
-
32,628
32,628
Mrs Jolanta Harradine
Loan to director
-
32,628
32,628
-
32,628
32,628
9. Average number of persons employed
During the year the average number of employees was 8 (2023 : 10)
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