Hepworth Blinds Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 11790313

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		9,731		60,399

			9,731		60,399
CURRENT ASSETS
Stocks	5	140,000		115,000
Debtors	6	75,553		61,177
Cash at bank and in hand		8,593		14,781

		224,146		190,958
Creditors: Amounts Falling Due Within One Year	7	(644,556 )		(477,928 )

NET CURRENT ASSETS (LIABILITIES)			(420,410 )		(286,970 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(410,679 )		(226,571 )

NET LIABILITIES			(410,679 )		(226,571 )

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			(410,779 )		(226,671 )

SHAREHOLDERS' FUNDS			(410,679)		(226,571)

For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Nigel Kettley

Director

12 September 2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Hepworth Blinds Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11790313 . The registered office is Unit 1d Hepworth Business Park, Coed Cae Lane, Pontyclun, Mid Glamorgan, CF72 9DX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	10% Straight Line
Motor Vehicles	25% Reducing Balance
Fixtures & Fittings	20% Straight Line
Computer Equipment	33% Straight Line

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 20 (2024: 19)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 February 2024	61,751	45,260	6,052	1,720	114,783
Disposals	(46,212 )	(38,950 )	(1,293 )	(1,216 )	(87,671 )

As at 31 January 2025	15,539	6,310	4,759	504	27,112

...CONTINUED

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Hepworth Blinds Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

Depreciation
As at 1 February 2024	25,206	23,668	3,895	1,615	54,384
Provided during the period	1,554	500	951	64	3,069
Disposals	(19,025 )	(19,355 )	(515 )	(1,177 )	(40,072 )

As at 31 January 2025	7,735	4,813	4,331	502	17,381

Net Book Value
As at 31 January 2025	7,804	1,497	428	2	9,731

As at 1 February 2024	36,545	21,592	2,157	105	60,399

5. Stocks

	2025	2024
	£	£
Stock	140,000	115,000

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	12,162	25,718
Amounts owed by group undertakings	63,391	35,459

	75,553	61,177

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	66,318	96,269
Other taxes and social security	17,702	23,793
VAT	73,178	32,380
Net wages	11,320	22,369
Other creditors	5,042	-
Pension	6,100	1,198
Accruals and deferred income	3,056	878
Directors' loan accounts	461,840	301,041

	644,556	477,928

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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