Registration number: 06515085

Style Kitchens Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 11

Style Kitchens Limited

Company Information

Directors

Mr Gary Thornhill Mr Matthew Roberts

Registered office

155 Watling St Radlett Hertfordshire WD7 7NQ

Accountants

J Watson Accountants Ltd 50 Highfield Road Berkhamsted Hertfordshire HP4 2DD

Style Kitchens Limited

(Registration number: 06515085)
Balance Sheet as at 28 February 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	80,534	54,782
Other financial assets	5	104,261	4,261
		184,795	59,043
Current assets
Stocks	6	1,235	1,583
Debtors	7	97,558	105,929
Cash at bank and in hand		192,736	184,519
		291,529	292,031
Creditors: Amounts falling due within one year	8	(98,683)	(98,443)
Net current assets		192,846	193,588
Total assets less current liabilities		377,641	252,631
Provisions for liabilities		(10,565)	(13,695)
Net assets		367,076	238,936
Capital and reserves
Called up share capital	9	102	102
Retained earnings		366,974	238,834
Shareholders' funds		367,076	238,936

Style Kitchens Limited

(Registration number: 06515085)
Balance Sheet as at 28 February 2025

For the financial year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 10 October 2025 and signed on its behalf by:
 

......................................... Mr Gary Thornhill Director

Style Kitchens Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
155 Watling St
Radlett
Hertfordshire
WD7 7NQ

These financial statements were authorised for issue by the Board on 10 October 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Style Kitchens Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Style Kitchens Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Style Kitchens Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2024 - 4).

Style Kitchens Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

4	Tangible assets

	Improvements to property £	Fixtures and fittings £	Motor vehicles  £	Total £
Cost or valuation
At 1 March 2024	36,000	69,449	36,818	142,267
Additions	-	1,375	79,044	80,419
Disposals	-	-	(15,818)	(15,818)
At 28 February 2025	36,000	70,824	100,044	206,868
Depreciation
At 1 March 2024	28,800	49,481	9,204	87,485
Charge for the year	7,200	10,593	25,337	43,130
Eliminated on disposal	-	-	(4,281)	(4,281)
At 28 February 2025	36,000	60,074	30,260	126,334
Carrying amount
At 28 February 2025	-	10,750	69,784	80,534
At 29 February 2024	7,200	19,968	27,614	54,782

5	Other financial assets (current and non-current)

	Financial assets at cost less impairment £	Total £
Non-current financial assets
Cost or valuation
At 1 March 2024	4,261	4,261
Additions	100,000	100,000
At 28 February 2025	104,261	104,261
Impairment
Carrying amount
At 28 February 2025	104,261	104,261

Style Kitchens Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

6

Stocks

	2025 £	2024 £
Finished goods and goods for resale	1,235	1,583

7

Debtors

Current	Note	2025 £	2024 £
Amounts owed by related parties	11	96,100	96,100
Prepayments		1,458	2,102
Other debtors		-	7,727
		97,558	105,929

Style Kitchens Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

8

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	4,242	23,104
Taxation and social security	61,956	11,694
Accruals and deferred income	1,200	-
Other creditors	31,285	63,645
	98,683	98,443

9	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary Class A of £1 each	2	2	2	2
Ordinary Class B of £1 each	100	100	100	100
	102	102	102	102

10

Dividends

Interim dividends paid

		2025 £		2024 £
Interim dividend of £11,200.00 (2024 - £11,000.00) per each Ordinary Class A		22,400		22,000
Interim dividend of £Nil (2024 - £3,175.50) per each Ordinary Class B		-		31,755
		22,400		53,755

11	Related party transactions

Style Kitchens Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

Directors' remuneration

The directors' remuneration for the year was as follows:

	2025 £	2024 £
Remuneration	43,161	43,301