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REGISTERED NUMBER: 06658505 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

CURTAIN EXPERT LIMITED

CURTAIN EXPERT LIMITED (REGISTERED NUMBER: 06658505)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


CURTAIN EXPERT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: R J Deakin
Mrs J H Deakin





SECRETARY: Mrs J H Deakin





REGISTERED OFFICE: Unit 6, Meadwood Industrial Estate
Bath Street
Bilston
West Midlands
WV14 0ST





REGISTERED NUMBER: 06658505 (England and Wales)





ACCOUNTANTS: Crombies Accountants Limited
Chartered Accountants
34 Waterloo Road
Wolverhampton
West Midlands
WV1 4DG

CURTAIN EXPERT LIMITED (REGISTERED NUMBER: 06658505)

STATEMENT OF FINANCIAL POSITION
31 JULY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 32,025 52,168

CURRENT ASSETS
Stocks 1,000 1,000
Debtors 5 26,916 17,302
Prepayments and accrued income 3,131 2,437
Cash at bank and in hand 33,586 31,597
64,633 52,336
CREDITORS
Amounts falling due within one year 6 48,561 44,535
NET CURRENT ASSETS 16,072 7,801
TOTAL ASSETS LESS CURRENT
LIABILITIES

48,097

59,969

CREDITORS
Amounts falling due after more than one
year

7

(26,036

)

(35,800

)

PROVISIONS FOR LIABILITIES 9 (8,006 ) (9,912 )
NET ASSETS 14,055 14,257

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 13,955 14,157
SHAREHOLDERS' FUNDS 14,055 14,257

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 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.

CURTAIN EXPERT LIMITED (REGISTERED NUMBER: 06658505)

STATEMENT OF FINANCIAL POSITION - continued
31 JULY 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2024 and were signed on its behalf by:





R J Deakin - Director


CURTAIN EXPERT LIMITED (REGISTERED NUMBER: 06658505)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

Curtain Expert 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33.3% on cost and 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 statement of financial position date.

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.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

CURTAIN EXPERT LIMITED (REGISTERED NUMBER: 06658505)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

2. ACCOUNTING POLICIES - continued

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 7 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 August 2023 13,217 13,562 11,327
Additions - - -
At 31 July 2024 13,217 13,562 11,327
DEPRECIATION
At 1 August 2023 13,217 11,305 10,531
Charge for year - 2,109 796
At 31 July 2024 13,217 13,414 11,327
NET BOOK VALUE
At 31 July 2024 - 148 -
At 31 July 2023 - 2,257 796

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 August 2023 107,483 14,982 160,571
Additions - 540 540
At 31 July 2024 107,483 15,522 161,111
DEPRECIATION
At 1 August 2023 61,401 11,949 108,403
Charge for year 15,360 2,418 20,683
At 31 July 2024 76,761 14,367 129,086
NET BOOK VALUE
At 31 July 2024 30,722 1,155 32,025
At 31 July 2023 46,082 3,033 52,168

CURTAIN EXPERT LIMITED (REGISTERED NUMBER: 06658505)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 August 2023
and 31 July 2024 70,093
DEPRECIATION
At 1 August 2023 30,666
Charge for year 13,142
At 31 July 2024 43,808
NET BOOK VALUE
At 31 July 2024 26,285
At 31 July 2023 39,427

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 23,202 14,677
Other debtors 3,714 2,625
26,916 17,302

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 9,764 9,764
Trade creditors 4,066 4,102
Taxation and social security 31,811 27,915
Other creditors 2,920 2,754
48,561 44,535

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 26,036 35,800

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 35,800 45,564

Hire purchase contracts are secured on a motor vehicle contained within fixed assets.

CURTAIN EXPERT LIMITED (REGISTERED NUMBER: 06658505)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 8,006 9,912

Deferred
tax
£   
Balance at 1 August 2023 9,912
Movement in the year (1,906 )
Balance at 31 July 2024 8,006