Style Matters Limited

	Page
Company Information	1
Accountant's Report	2
Balance Sheet	3—4
Notes to the Financial Statements	5—7

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Accountant's Report

For The Year Ended 31 March 2025

Accountant's Report

Chartered Accountant's report to the directors on the preparation of the unaudited statutory accounts of Style Matters Limited for the year ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Style Matters Limited for the year ended 31 March 2025 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.

As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the directors of Style Matters Limited , as a body, in accordance with the terms of our engagement letter dated 06 March 2025. Our work has been undertaken solely to prepare for your approval the accounts of Style Matters Limited and state those matters that we have agreed to state to the directors of Style Matters Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Style Matters Limited and its directors, as a body, for our work or for this report.

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

We have not been instructed to carry out an audit of the accounts of Style Matters 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 financial statements.

5 August 2025

ERC Accountants & Business Advisers Limited

Chartered Accountants

Hanover Buildings

11-13 Hanover Street

Liverpool

Merseyside

L1 3DN

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Style Matters Limited

Balance Sheet

As At 31 March 2025

Balance Sheet

Registered number: 04346727

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		16,489		18,256

			16,489		18,256
CURRENT ASSETS
Stocks	5	367,895		397,035
Debtors	6	49,717		29,210
Cash at bank and in hand		872,111		385,241

		1,289,723		811,486
Creditors: Amounts Falling Due Within One Year	7	(876,598 )		(467,913 )

NET CURRENT ASSETS (LIABILITIES)			413,125		343,573

TOTAL ASSETS LESS CURRENT LIABILITIES			429,614		361,829

PROVISIONS FOR LIABILITIES
Deferred Taxation			(3,301 )		(3,563 )

NET ASSETS			426,313		358,266

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			426,213		358,166

SHAREHOLDERS' FUNDS			426,313		358,266

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Style Matters Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 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 J E Barton

Director

5 August 2025

The notes on pages 5 to 7 form part of these financial statements.

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Style Matters Limited

Notes to the Financial Statements

For The Year Ended 31 March 2025

Notes to the Financial Statements

1. General Information

Style Matters Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04346727 . The registered office is Pickmere Grange, Pickmere Lane Pickmere, Knutsford, Cheshire, WA16 0JJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

2.2. 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.

2.3. Tangible Fixed Assets and Depreciation

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent 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:

Freehold	33% Straight Line
Plant and machinery	33% Straight Line
Motor vehicles	25% Reducing Balance
Computer equipment	33% Straight Line

2.4. 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.

2.5. Foreign Currencies

Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.6. Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 14 (2024: 17)

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Style Matters Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Land & Property
	Freehold	Plant and machinery	Motor vehicles	Computer equipment	Total
	£	£	£	£	£
Cost
As at 1 April 2024	158,992	111,082	29,484	70,946	370,504
Additions	-	1,730	-	3,278	5,008

As at 31 March 2025	158,992	112,812	29,484	74,224	375,512

Depreciation
As at 1 April 2024	158,992	110,957	12,756	69,543	352,248
Provided during the period	-	696	4,182	1,897	6,775

As at 31 March 2025	158,992	111,653	16,938	71,440	359,023

Net Book Value
As at 31 March 2025	-	1,159	12,546	2,784	16,489

As at 1 April 2024	-	125	16,728	1,403	18,256

5. Stocks

	2025	2024
	£	£
Stock	367,895	397,035

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	28,202	28,841
Prepayments and accrued income	21,146	-
Other debtors	369	369

	49,717	29,210

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	711,202	398,029
Corporation tax	87,849	43,660
Other taxes and social security	6,139	6,549
VAT	54,480	3,365
Net wages	-	1,776
Other creditors	12,405	4,915
Accruals and deferred income	2,020	9,619
Directors' loan accounts	2,503	-

	876,598	467,913

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Style Matters Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

8. Share Capital

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

9. Related Party Transactions

The following related party transactions were undertaken during the year:

Dividends were paid to the directors in respect of their shareholdings totalling £453,950 (2024: £239,960).

The aggregate remuneration paid to key management personnel for the year was £12,950 (2024: £11,910).

No further transactions with related parties were undertaken such as are required to be disclosed in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

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Directors	Mr J E Barton
	Mrs C A Banks

Secretary	Mrs M J Barton

Company Number	04346727

Registered Office	Pickmere Grange
	Pickmere Lane Pickmere
	Knutsford
	Cheshire
	WA16 0JJ

Accountants	ERC Accountants & Business Advisers Limited
	Chartered Accountants
	Hanover Buildings
	11-13 Hanover Street
	Liverpool
	Merseyside
	L1 3DN