REGISTERED NUMBER: 06337324 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

DECKCHAIRSTRIPES LIMITED

TRADING AS

THE STRIPES COMPANY

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs M H Hopwood

K Hopwood

SECRETARY:

K Hopwood

REGISTERED OFFICE:

Percy Westhead & Company

Hanover House

30-32 Charlotte Street

Manchester

M1 4FD

REGISTERED NUMBER:

06337324 (England and Wales)

ACCOUNTANTS:

Percy Westhead & Company

Chartered Accountants

Hanover House

30-32 Charlotte Street

Manchester

M1 4FD

FIXED ASSETS

Tangible assets

4

1,139

2,355

CURRENT ASSETS

Stocks

218,933

227,871

Debtors

5

34,216

30,086

253,149

257,957

CREDITORS

Amounts falling due within one year

6

169,908

168,185

NET CURRENT ASSETS

83,241

89,772

TOTAL ASSETS LESS CURRENT LIABILITIES

84,380

92,127

CREDITORS

Amounts falling due after more than one year

7

2,083

7,083

NET ASSETS

82,297

85,044

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

82,197

84,944

SHAREHOLDERS' FUNDS

82,297

85,044

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 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 29th September 2025 and were signed on its behalf by:

Mrs M H Hopwood - Director

1.	STATUTORY INFORMATION

Deckchairstripes 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.

Improvements to property

-

over the period of the lease

Fixtures and fittings

-

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.

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 5 (2023 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

property

fittings

Totals

£

£

£

COST

At 1st January 2024

and 31st December 2024

35,919

5,518

41,437

DEPRECIATION

At 1st January 2024

35,919

3,163

39,082

Charge for year

-

1,216

1,216

At 31st December 2024

35,919

4,379

40,298

NET BOOK VALUE

At 31st December 2024

-

1,139

1,139

At 31st December 2023

-

2,355

2,355

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

172

181

Other debtors

34,044

29,905

34,216

30,086

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

43,745

12,882

Trade creditors

37,830

85,657

Taxation and social security

26,695

10,518

Other creditors

61,638

59,128

169,908

168,185

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

2,083

7,083

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2024

2023

£

£

Within one year

22,166

26,599

Between one and five years

-

22,166

22,166

48,765

9.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank overdrafts

38,745

7,882

The bank overdraft, with Santander UK PLC, is secured by fixed and floating charge over all of the company's assets.

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st December 2024 and 31st December 2023:

2024

2023

£

£

Mrs M H Hopwood and K Hopwood

Balance outstanding at start of year

26,236

31,668

Amounts advanced

29,961

27,783

Amounts repaid

(28,238

)

(33,215

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

27,959

26,236