IRIS Accounts Production v24.3.2.46 SC658711 director 1.5.23 30.4.24 30.4.24 false true false false true false Ordinary Shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC6587112023-04-30SC6587112024-04-30SC6587112023-05-012024-04-30SC6587112022-04-30SC6587112022-05-012023-04-30SC6587112023-04-30SC658711ns15:Scotland2023-05-012024-04-30SC658711ns14:PoundSterling2023-05-012024-04-30SC658711ns10:Director12023-05-012024-04-30SC658711ns10:PrivateLimitedCompanyLtd2023-05-012024-04-30SC658711ns10:SmallEntities2023-05-012024-04-30SC658711ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-30SC658711ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-30SC658711ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-30SC658711ns10:FullAccounts2023-05-012024-04-30SC658711ns10:OrdinaryShareClass12023-05-012024-04-30SC658711ns10:RegisteredOffice2023-05-012024-04-30SC658711ns5:CurrentFinancialInstruments2024-04-30SC658711ns5:CurrentFinancialInstruments2023-04-30SC658711ns5:ShareCapital2024-04-30SC658711ns5:ShareCapital2023-04-30SC658711ns5:RetainedEarningsAccumulatedLosses2024-04-30SC658711ns5:RetainedEarningsAccumulatedLosses2023-04-30SC658711ns5:MotorVehicles2023-05-012024-04-30SC658711ns5:ComputerEquipment2023-05-012024-04-30SC658711ns5:MotorVehicles2024-04-30SC658711ns5:ComputerEquipment2024-04-30SC658711ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-30SC658711ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-30SC658711ns10:OrdinaryShareClass12024-04-30
REGISTERED NUMBER: SC658711 (Scotland)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

COMFORT SEATING UK LTD

COMFORT SEATING UK LTD (REGISTERED NUMBER: SC658711)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


COMFORT SEATING UK LTD

COMPANY INFORMATION
for the Year Ended 30 April 2024







DIRECTOR: Shirley Janet Wallace





REGISTERED OFFICE: 6 Miller Road
Ayr
KA7 2AY





REGISTERED NUMBER: SC658711 (Scotland)





ACCOUNTANTS: K M Stewart & Company
6 Miller Road
Ayr
KA7 2AY

COMFORT SEATING UK LTD (REGISTERED NUMBER: SC658711)

STATEMENT OF FINANCIAL POSITION
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 41,428 -

CURRENT ASSETS
Stocks 268,090 -
Debtors 5 381,987 -
Cash at bank and in hand 275,462 3
925,539 3
CREDITORS
Amounts falling due within one year 6 1,057,349 -
NET CURRENT (LIABILITIES)/ASSETS (131,810 ) 3
TOTAL ASSETS LESS CURRENT
LIABILITIES

(90,382

)

3

PROVISIONS FOR LIABILITIES 10,357 -
NET (LIABILITIES)/ASSETS (100,739 ) 3

CAPITAL AND RESERVES
Called up share capital 7 3 3
Retained earnings (100,742 ) -
SHAREHOLDERS' FUNDS (100,739 ) 3

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

COMFORT SEATING UK LTD (REGISTERED NUMBER: SC658711)

STATEMENT OF FINANCIAL POSITION - continued
30 April 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 director and authorised for issue on 30 January 2025 and were signed by:





Shirley Janet Wallace - Director


COMFORT SEATING UK LTD (REGISTERED NUMBER: SC658711)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Comfort Seating UK Ltd is a private company, limited by shares , registered in Scotland. 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.

Functional currency
The financial statements are presented in British Pounds Sterling which is the functional currency. Figures are shown to the nearest whole pound.

Significant judgements and estimates
The preparation of financial statements requires the use of certain accounting estimates . It also requires the Directors to exercise judgement in applying the Companies Accounting policies. The areas requiring a higher degree of judgement, or complexity, and areas where assumptions or estimates are most significant to the financial statements, are disclosed below:

Estimation Uncertainty

Recoverability of Debtors
The Company assesses the recoverability of Debtors on an individual basis, taking into consideration payment history, and perceived liquidity. Where it is considered that there is a higher than normal risk to the recoverability of these, provision is made against the recoverability of these debts.

Key Judgements made in the application of Accounting Policies
a) Exemptions taken in the application of FRS 102
The Company has considered and taken advantage of the following exemptions in its application of FRS 102:
i) The Company has not revisited previous accounting estimates.

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.

Motor Vehicle - 25% on on reducing balance
Computer Equipment - 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.


COMFORT SEATING UK LTD (REGISTERED NUMBER: SC658711)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2024

2. ACCOUNTING POLICIES - continued
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.

Going concern
As at the balance sheet date, the financial statements show that the company has liabilities in excess of assets of £100,741 as a result of losses made to date. The financial statements have been prepared on a going concern basis as the director has confirmed that he will continue to support the company for foreseeable future and meet the excess liabilities if the company is unable to do so.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - NIL ) .

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
Additions 44,708 10,530 55,238
At 30 April 2024 44,708 10,530 55,238
DEPRECIATION
Charge for year 11,177 2,633 13,810
At 30 April 2024 11,177 2,633 13,810
NET BOOK VALUE
At 30 April 2024 33,531 7,897 41,428

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 160,704 -
Other debtors 221,283 -
381,987 -

COMFORT SEATING UK LTD (REGISTERED NUMBER: SC658711)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 35,989 -
Taxation and social security 20,208 -
Other creditors 1,001,152 -
1,057,349 -

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
3 Ordinary Shares £1 3 3

8. RELATED PARTY DISCLOSURES

Other debtors balance includes £93,543 receivable from Mesh Office Seating (UK) Limited in which Ms. Shirley Janet Wallace was director till 01 August 2023.

Other creditors balance includes £1,000,000 payable to AGGA Holdings Limited in which formar director Mr. Alistair McGready was common director until 30 April 2023.