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REGISTERED NUMBER: 05157660 (England and Wales)

















Unaudited Financial Statements

For The Year Ended 31 December 2024

for

Landmark Interiors Limited

Landmark Interiors Limited (Registered number: 05157660)

Contents of the Financial Statements
For The Year Ended 31 December 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Landmark Interiors Limited

Company Information
For The Year Ended 31 December 2024







DIRECTORS: Mr P A Bayford
Mr M Dowsett





REGISTERED OFFICE: Stansted House
Shire Hill
Saffron Walden
Essex
CB11 3AQ





REGISTERED NUMBER: 05157660 (England and Wales)





ACCOUNTANTS: Giess Wallis Crisp LLP
10-12 Mulberry Green
Old Harlow
Essex
CM17 0ET

Landmark Interiors Limited (Registered number: 05157660)

Statement of Financial Position
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 610 971

CURRENT ASSETS
Debtors 6 434,639 496,710
Cash at bank 135,047 161,518
569,686 658,228
CREDITORS
Amounts falling due within one year 7 264,110 347,460
NET CURRENT ASSETS 305,576 310,768
TOTAL ASSETS LESS CURRENT
LIABILITIES

306,186

311,739

CREDITORS
Amounts falling due after more than one
year

8

-

(14,167

)

PROVISIONS FOR LIABILITIES 9 (146 ) (243 )
NET ASSETS 306,040 297,329

CAPITAL AND RESERVES
Called up share capital 10 2 2
Retained earnings 306,038 297,327
SHAREHOLDERS' FUNDS 306,040 297,329

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

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

Landmark Interiors Limited (Registered number: 05157660)

Statement of Financial Position - continued
31 December 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 Statement of Income and Retained Earnings has not been delivered.

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




Mr P A Bayford - Director



Mr M Dowsett - Director


Landmark Interiors Limited (Registered number: 05157660)

Notes to the Financial Statements
For The Year Ended 31 December 2024


1. STATUTORY INFORMATION

Landmark Interiors 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

There are no estimates and assumptions which have had a significant risk of causing a material adjustment to the carrying amount of assets and liabilities

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 - 25% on reducing balance
Fixtures and fittings - 20% on cost
Computer equipment - 33% straight line basis

Recognition and impairment of tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost net of depreciation and any impairment losses.

The entity reviews the carrying value's of its tangible fixed assets at each reporting date, to determine wether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the estimated recoverable value of the asset is used to determine the extent of the impairment loss (if any).

Fixed assets are depreciated for a full year in the year of acquisition.

Landmark Interiors Limited (Registered number: 05157660)

Notes to the Financial Statements - continued
For The Year Ended 31 December 2024


3. ACCOUNTING POLICIES - continued

Financial instruments
The company has elected to apply the provisions of Section 11:'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues ' of FRS 102 to all of its financial instruments

The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities such as trade debtors and creditors.

Financial assets and liabilities are offset and the net amount reported in the statement of financial position when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Debtors
Short terms debtors are measured at transaction price, less any impairment.

Cash and cash equivalents
Cash is represented by current accounts, cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors
Short term creditors are measured at the transaction price.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

Landmark Interiors Limited (Registered number: 05157660)

Notes to the Financial Statements - continued
For The Year Ended 31 December 2024


5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 January 2024 9,840 9,945 1,951 21,736
Disposals - (9,945 ) - (9,945 )
At 31 December 2024 9,840 - 1,951 11,791
DEPRECIATION
At 1 January 2024 9,269 9,945 1,551 20,765
Charge for year 161 - 200 361
Eliminated on disposal - (9,945 ) - (9,945 )
At 31 December 2024 9,430 - 1,751 11,181
NET BOOK VALUE
At 31 December 2024 410 - 200 610
At 31 December 2023 571 - 400 971

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 47,045 48,339
Other debtors 387,594 448,371
434,639 496,710

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 4,752 10,000
Trade creditors 192,704 172,328
Taxation and social security 46,110 140,794
Other creditors 20,544 24,338
264,110 347,460

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 14,167

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 146 243

Landmark Interiors Limited (Registered number: 05157660)

Notes to the Financial Statements - continued
For The Year Ended 31 December 2024


9. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 January 2024 243
Credit to Statement of Income and Retained Earnings during year (97 )
Balance at 31 December 2024 146

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1 2 2