REGISTERED NUMBER: 07390613 (England and Wales)

Rachel Laxer Interiors Limited

Unaudited Financial Statements

for the Year Ended 31 December 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Director:

R Laxer

Registered office:

25 Eccleston Place

Unit 1-10B

London

SW1W 9NF

Registered number:

07390613 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

New Derwent House

69-73 Theobalds Road

London

WC1X 8TA

Fixed assets

Tangible assets

4

1,048

2,543

Current assets

Stocks

13,900

13,900

Debtors

5

73,167

124,737

Cash at bank and in hand

303,487

457,872

390,554

596,509

Creditors

Amounts falling due within one year

6

176,886

391,876

Net current assets

213,668

204,633

Total assets less current liabilities

214,716

207,176

Capital and reserves

Called up share capital

7

100

100

Retained earnings

8

214,616

207,076

Shareholders' funds

214,716

207,176

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 director acknowledges her 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 director and authorised for issue on 12 September 2025 and were signed by:

R Laxer - Director

1.	Statutory information

Rachel Laxer 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 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 cost

Fixtures and fittings

-

25% on cost

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 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

3.	Employees and directors

The average number of employees during the year was 3 (2023 - 3 ) .

4.	Tangible fixed assets

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

Cost

At 1 January 2024

and 31 December 2024

7,756

871

12,292

20,919

Depreciation

At 1 January 2024

7,756

650

9,970

18,376

Charge for year

-

147

1,348

1,495

At 31 December 2024

7,756

797

11,318

19,871

Net book value

At 31 December 2024

-

74

974

1,048

At 31 December 2023

-

221

2,322

2,543

5.

Debtors: amounts falling due within one year

2024

2023

£

£

Trade debtors

1,296

-

Amounts owed by associates

-

52,075

Other debtors

71,871

72,662

73,167

124,737

6.

Creditors: amounts falling due within one year

2024

2023

£

£

Trade creditors

7,780

204,759

Amounts owed to associates

41,018

-

Taxation and social security

55,148

86,593

Other creditors

72,940

100,524

176,886

391,876

7.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

£1

100

100

8.

Reserves

Retained

earnings

£

At 1 January 2024

207,076

Profit for the year

7,540

At 31 December 2024

214,616

9.	Related party disclosures

As at 31 December 2024 the company owed to Rachel Laxer Interiors Ltd, a company registered in the US, £41,018 (2023: £52,075 was owed by Rachel Laxer Interiors Ltd). No interest was charged and the balance is repayable upon demand. Both companies are under the control of Rachel Laxer.