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REGISTERED NUMBER: 06727399 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

YOUR PERFECT SETTING LIMITED

YOUR PERFECT SETTING LIMITED (REGISTERED NUMBER: 06727399)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025










Page

Balance Sheet 1

Notes to the Financial Statements 3


YOUR PERFECT SETTING LIMITED (REGISTERED NUMBER: 06727399)

BALANCE SHEET
31 MARCH 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,934 6,890

CURRENT ASSETS
Stocks 302,250 282,400
Debtors 5 44,878 15,351
Cash at bank and in hand 7,514 5,063
354,642 302,814
CREDITORS
Amounts falling due within one year 6 190,824 165,930
NET CURRENT ASSETS 163,818 136,884
TOTAL ASSETS LESS CURRENT
LIABILITIES

168,752

143,774

CREDITORS
Amounts falling due after more than one
year

7

(48,083

)

(22,727

)

PROVISIONS FOR LIABILITIES (900 ) (1,300 )
NET ASSETS 119,769 119,747

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 119,767 119,745
119,769 119,747

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

YOUR PERFECT SETTING LIMITED (REGISTERED NUMBER: 06727399)

BALANCE SHEET - continued
31 MARCH 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 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 7 August 2025 and were signed on its behalf by:




Miss A J Blackford - Director



Miss L M Hobbis - Director


YOUR PERFECT SETTING LIMITED (REGISTERED NUMBER: 06727399)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

Your Perfect Setting Limited is a private company, limited by shares, registered in England and Wales, registered number 06727399. Its registered office is The Chapel, Pedmore Road, Lye, Stourbridge, West Midlands, DY9 8DJ, England.

The financial statements are presented in Sterling, which is the functional currency of the company.

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.
Plant and machinery etc - 33% on cost, 20% on cost and 10% 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 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 balance sheet date.

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.

YOUR PERFECT SETTING LIMITED (REGISTERED NUMBER: 06727399)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


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.

Financial instruments
Basic financial liabilities, including trade and other debtors, bank loans and other loans are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2024 - 13 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024 82,173
Additions 510
At 31 March 2025 82,683
DEPRECIATION
At 1 April 2024 75,283
Charge for year 2,466
At 31 March 2025 77,749
NET BOOK VALUE
At 31 March 2025 4,934
At 31 March 2024 6,890

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 16,128 15,351
Amounts owed by group undertakings 28,750 -
44,878 15,351

YOUR PERFECT SETTING LIMITED (REGISTERED NUMBER: 06727399)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Other loans 43,068 39,798
Trade creditors 72,815 35,997
Amounts owed to group undertakings 40,503 -
Tax 3,000 7,250
Social security and other taxes 5,969 2,397
VAT 2,272 5,896
Other creditors 21,270 71,177
Directors' loan accounts 127 1,853
Accrued expenses 1,800 1,562
190,824 165,930

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Other loans - 1-2 years 20,000 22,727
Other loans - 2-5 years 28,083 -
48,083 22,727

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.3.25 31.3.24
£    £   
Within one year 17,187 27,500
Between one and five years - 17,187
17,187 44,687