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REGISTERED NUMBER: 04653717 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

HOME COMFORTS INTERIORS LIMITED

HOME COMFORTS INTERIORS LIMITED (REGISTERED NUMBER: 04653717)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 28 February 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HOME COMFORTS INTERIORS LIMITED

COMPANY INFORMATION
for the Year Ended 28 February 2025







DIRECTOR: D S Standbrook





SECRETARY: Mrs J D Standbrook





REGISTERED OFFICE: 36a Station Road
New Milton
Hampshire
BH25 6JX





REGISTERED NUMBER: 04653717 (England and Wales)





ACCOUNTANTS: David Shores & Co Ltd
36a Station Road
New Milton
Hampshire
BH25 6JX

HOME COMFORTS INTERIORS LIMITED (REGISTERED NUMBER: 04653717)

BALANCE SHEET
28 February 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 4,546 5,349
4,546 5,349

CURRENT ASSETS
Stocks 8,250 8,250
Debtors 6 20,740 29,845
Cash at bank 16 15
29,006 38,110
CREDITORS
Amounts falling due within one year 7 32,990 41,886
NET CURRENT LIABILITIES (3,984 ) (3,776 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

562

1,573

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 561 1,572
SHAREHOLDERS' FUNDS 562 1,573

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

HOME COMFORTS INTERIORS LIMITED (REGISTERED NUMBER: 04653717)

BALANCE SHEET - continued
28 February 2025


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 May 2025 and were signed by:





D S Standbrook - Director


HOME COMFORTS INTERIORS LIMITED (REGISTERED NUMBER: 04653717)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 28 February 2025


1. STATUTORY INFORMATION

Home Comforts 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. 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 represents net invoiced sales of goods and services, excluding value added tax together with the value of work completed but uninvoiced at the balance sheet date which includes an amount representing profit.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 15% on reducing balance
Computer equipment - 33% 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 Profit and Loss Account, 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.


HOME COMFORTS INTERIORS LIMITED (REGISTERED NUMBER: 04653717)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 February 2025


2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities and include trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

Financial assets are measured at cost and amortized cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognized in the income statement.

Basic financial liabilities are initially measured at transaction price and subsequently measured at amortized cost, being the transaction price less any amounts settled.

Employment benefits
The costs of short-term employee benefits are recognized as a liability and an expense, unless those costs are required to be recognized as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognized in the period in which the employee's services are received

Termination benefits are recognized immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Provisions
Provisions (i.e. liabilities of uncertain timing or amount) are recognized when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

HOME COMFORTS INTERIORS LIMITED (REGISTERED NUMBER: 04653717)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 February 2025


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 March 2024
and 28 February 2025 25,000
AMORTISATION
At 1 March 2024
and 28 February 2025 25,000
NET BOOK VALUE
At 28 February 2025 -
At 29 February 2024 -

5. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 March 2024
and 28 February 2025 15,905 1,031 16,936
DEPRECIATION
At 1 March 2024 10,556 1,031 11,587
Charge for year 803 - 803
At 28 February 2025 11,359 1,031 12,390
NET BOOK VALUE
At 28 February 2025 4,546 - 4,546
At 29 February 2024 5,349 - 5,349

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 582 14,175
Other debtors 20,158 15,670
20,740 29,845

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 5,878 11,956
Hire purchase contracts - 537
Trade creditors 11,816 14,759
Taxation and social security 11,593 11,253
Other creditors 3,703 3,381
32,990 41,886

HOME COMFORTS INTERIORS LIMITED (REGISTERED NUMBER: 04653717)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 February 2025


8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2025 and 29 February 2024:

2025 2024
£    £   
D S Standbrook
Balance outstanding at start of year - 13,475
Amounts repaid - (13,475 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

9. ULTIMATE CONTROLLING PARTY

The Company is controlled by the Director, Mr D Standbrook, by virtue of his 100% shareholding.