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REGISTERED NUMBER: 03946494 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

REGIS UPHOLSTERY LIMITED

REGIS UPHOLSTERY LIMITED (REGISTERED NUMBER: 03946494)






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




Page

Company Information 1

Chartered Certified Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


REGIS UPHOLSTERY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2025







DIRECTORS: R W Lloyd
M Silk
A Silk





REGISTERED OFFICE: 661 High Street
Kingswinford
West Midlands
DY6 8AL





REGISTERED NUMBER: 03946494 (England and Wales)





ACCOUNTANTS: French Ludlam & Co Limited
Mountfield House
661 High Street
Kingswinford
West Midlands
DY6 8AL

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
REGIS UPHOLSTERY LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Regis Upholstery Limited for the year ended 31st March 2025 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Regis Upholstery Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Regis Upholstery Limited and state those matters that we have agreed to state to the Board of Directors of Regis Upholstery Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/gb/en/technical-activities/technical-resources-
search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Regis Upholstery Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Regis Upholstery Limited. You consider that Regis Upholstery Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Regis Upholstery Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






French Ludlam & Co Limited
Mountfield House
661 High Street
Kingswinford
West Midlands
DY6 8AL


7th August 2025

REGIS UPHOLSTERY LIMITED (REGISTERED NUMBER: 03946494)

STATEMENT OF FINANCIAL POSITION
31ST MARCH 2025

2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 53,544 68,209

CURRENT ASSETS
Stocks 34,460 30,780
Debtors 5 194,313 212,181
Cash at bank 3,259 62,895
232,032 305,856
CREDITORS
Amounts falling due within one year 6 196,741 175,487
NET CURRENT ASSETS 35,291 130,369
TOTAL ASSETS LESS CURRENT
LIABILITIES

88,835

198,578

CREDITORS
Amounts falling due after more than one year 7 (7,725 ) (20,697 )

PROVISIONS FOR LIABILITIES (13,386 ) (17,052 )
NET ASSETS 67,724 160,829

CAPITAL AND RESERVES
Called up share capital 75 75
Capital redemption reserve 10 25 25
Retained earnings 10 67,624 160,729
SHAREHOLDERS' FUNDS 67,724 160,829

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

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

REGIS UPHOLSTERY LIMITED (REGISTERED NUMBER: 03946494)

STATEMENT OF FINANCIAL POSITION - continued
31ST 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7th August 2025 and were signed on its behalf by:





R W Lloyd - Director


REGIS UPHOLSTERY LIMITED (REGISTERED NUMBER: 03946494)

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

1. STATUTORY INFORMATION

Regis Upholstery 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 - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on reducing balance

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.

REGIS UPHOLSTERY LIMITED (REGISTERED NUMBER: 03946494)

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

2. ACCOUNTING POLICIES - continued

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.

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 16 (2024 - 16 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£ £ £ £ £
COST
At 1st April 2024 117,832 16,110 54,239 13,333 201,514
Disposals (17,165 ) - - - (17,165 )
At 31st March 2025 100,667 16,110 54,239 13,333 184,349
DEPRECIATION
At 1st April 2024 80,333 11,390 31,142 10,440 133,305
Charge for year 7,495 711 5,775 576 14,557
Eliminated on disposal (17,057 ) - - - (17,057 )
At 31st March 2025 70,771 12,101 36,917 11,016 130,805
NET BOOK VALUE
At 31st March 2025 29,896 4,009 17,322 2,317 53,544
At 31st March 2024 37,499 4,720 23,097 2,893 68,209

REGIS UPHOLSTERY LIMITED (REGISTERED NUMBER: 03946494)

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

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£
COST
At 1st April 2024
and 31st March 2025 13,995
DEPRECIATION
At 1st April 2024 5,038
Charge for year 1,791
At 31st March 2025 6,829
NET BOOK VALUE
At 31st March 2025 7,166
At 31st March 2024 8,957

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Trade debtors 179,134 174,919
Directors' current accounts - 15,788
Prepayments 15,179 21,474
194,313 212,181

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Bank loans and overdrafts 29,503 41,276
Hire purchase contracts (see note 8) 2,791 2,791
Trade creditors 52,582 36,438
Tax 53,697 51,717
Social security and other taxes 5,545 5,063
Pension control 251 390
VAT 43,623 30,600
Directors' current accounts 1,060 -
Accrued expenses 7,689 7,212
196,741 175,487

REGIS UPHOLSTERY LIMITED (REGISTERED NUMBER: 03946494)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£ £
Bank loans - 1-2 years 3,538 9,556
Bank loans - 2-5 years - 4,163
Hire purchase contracts (see note 8) 4,187 6,978
7,725 20,697

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase
contracts
2025 2024
£ £
Net obligations repayable:
Within one year 2,791 2,791
Between one and five years 4,187 6,978
6,978 9,769

Non-cancellable
operating leases
2025 2024
£ £
Within one year 42,300 55,300
Between one and five years 13,200 52,200
In more than five years 2,475 5,775
57,975 113,275

9. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£ £
Bank loans 13,094 23,275

REGIS UPHOLSTERY LIMITED (REGISTERED NUMBER: 03946494)

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

10. RESERVES
Capital
Retained redemption
earnings reserve Totals
£ £ £

At 1st April 2024 160,729 25 160,754
Profit for the year 151,395 151,395
Dividends (244,500 ) (244,500 )
At 31st March 2025 67,624 25 67,649

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st March 2025 and 31st March 2024:

2025 2024
£ £
R W Lloyd
Balance outstanding at start of year 5,462 9,902
Amounts advanced - 5,462
Amounts repaid (5,462 ) (9,902 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 5,462

M Silk
Balance outstanding at start of year 4,870 9,902
Amounts advanced - 4,870
Amounts repaid (4,870 ) (9,902 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 4,870

A Silk
Balance outstanding at start of year 5,456 9,902
Amounts advanced - 5,456
Amounts repaid (5,456 ) (9,902 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 5,456