REGISTERED NUMBER: 04625406 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2025

for

WT Interiors Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M A Taylor

G J Waterman

SECRETARY:

M A Taylor

REGISTERED OFFICE:

St Albans House

11 St Albans Road

Sutton

Surrey

SM1 2JG

REGISTERED NUMBER:

04625406 (England and Wales)

ACCOUNTANTS:

CWF & Partners Ltd

Chartered Accountants

Freedman House

Christopher Wren Yard

117 High Street

Croydon

Surrey

CR0 1QG

FIXED ASSETS

Tangible assets

5

169,816

126,941

CURRENT ASSETS

Stocks

295,120

230,443

Debtors

6

1,346,902

1,814,365

Cash at bank and in hand

815,616

126,927

2,457,638

2,171,735

CREDITORS

Amounts falling due within one year

7

1,391,739

1,149,030

NET CURRENT ASSETS

1,065,899

1,022,705

TOTAL ASSETS LESS CURRENT LIABILITIES

1,235,715

1,149,646

CREDITORS

Amounts falling due after more than one year

8

(71,345

)

(44,073

)

PROVISIONS FOR LIABILITIES

(31,602

)

(9,747

)

NET ASSETS

1,132,768

1,095,826

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,132,668

1,095,726

SHAREHOLDERS' FUNDS

1,132,768

1,095,826

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

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

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 28 August 2025 and were signed on its behalf by:

G J Waterman - Director

M A Taylor - Director

1.	STATUTORY INFORMATION

WT 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Income is recognised during the year when the company provides goods and services.

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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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 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

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.

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.

4.	EMPLOYEES AND DIRECTORS

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

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2024

355,384

Additions

131,596

Disposals

(67,938

)

At 31 January 2025

419,042

DEPRECIATION

At 1 February 2024

228,443

Charge for year

56,603

Eliminated on disposal

(35,820

)

At 31 January 2025

249,226

NET BOOK VALUE

At 31 January 2025

169,816

At 31 January 2024

126,941

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 February 2024

107,978

Additions

113,648

Disposals

(35,994

)

Transfer to ownership

(41,990

)

At 31 January 2025

143,642

DEPRECIATION

At 1 February 2024

41,335

Charge for year

34,035

Eliminated on disposal

(9,561

)

Transfer to ownership

(24,275

)

At 31 January 2025

41,534

NET BOOK VALUE

At 31 January 2025

102,108

At 31 January 2024

66,643

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade debtors

937,868

1,450,412

Other debtors

409,034

363,953

1,346,902

1,814,365

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans and overdrafts

185,748

41,667

Hire purchase contracts

20,720

31,900

Trade creditors

861,067

792,274

Taxation and social security

166,489

92,218

Other creditors

157,715

190,971

1,391,739

1,149,030

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.25

31.1.24

£

£

Hire purchase contracts

71,345

44,073

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.1.25

31.1.24

£

£

Bank loans

-

41,667

Hire purchase contracts

92,065

75,973

92,065

117,640