REGISTERED NUMBER: 03414091 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

Reflections (Sussex) Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

Fixed assets

Intangible assets

4

1,500

2,000

Tangible assets

5

13,811

676

15,311

2,676

Current assets

Stocks

2,000

2,000

Debtors

6

8,078

2,258

Cash at bank

46,775

66,146

56,853

70,404

Creditors: amounts falling due within one year

7

37,909

43,992

Net current assets

18,944

26,412

Total assets less current liabilities

34,255

29,088

Creditors: amounts falling due after more than one year

8

(11,954

)

-

Provisions for liabilities

(3,453

)

(169

)

Net assets

18,848

28,919

Capital and reserves

Called up share capital

9

2

2

Retained earnings

18,846

28,917

Shareholders' funds

18,848

28,919

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 October 2025 and were signed on its behalf by:

S Starzewski - Director

1.	Statutory information

Reflections (Sussex) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

03414091

Registered office:

85 Church Road

Hove

BN3 2BB

The presentation currency of the financial statements is in Pound Sterling (£) and rounding is to the nearest (£).

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 and represents

amounts receivable for goods supplied and services rendered, stated net of Value Added Tax.

When the outcome of a transaction involving the rendering of services can be reliably estimated,

revenue from the rendering of services is measured by reference to the stage of completion of the

service transaction at the end of the reporting period.

When the outcome of a transaction involving the rendering of services cannot be reliably estimated,

revenue is recognised only to the extent that expenses recognised are recoverable.

Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the

goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable

that the economic benefits associated with the transaction will flow to the company and the costs

incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on

dispatch of the goods.

Goodwill

Goodwill has already been fully amortised over its useful life.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its

estimated useful life.

Fixtures and fittings - 15% on reducing balance

Motor vehicles - 25% on reducing balance

Stocks

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 items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling

costs in bringing stocks to their present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 (2024 - 2 ) .

4.	Intangible fixed assets

Other

intangible

Goodwill

assets

Totals

£

£

£

Cost

At 1 September 2024

and 31 August 2025

54,000

5,000

59,000

Amortisation

At 1 September 2024

54,000

3,000

57,000

Charge for year

-

500

500

At 31 August 2025

54,000

3,500

57,500

Net book value

At 31 August 2025

-

1,500

1,500

At 31 August 2024

-

2,000

2,000

5.	Tangible fixed assets

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

Cost

At 1 September 2024

581

8,843

9,424

Additions

1,401

15,000

16,401

Disposals

-

(8,843

)

(8,843

)

At 31 August 2025

1,982

15,000

16,982

Depreciation

At 1 September 2024

186

8,562

8,748

Charge for year

172

2,837

3,009

Eliminated on disposal

-

(8,586

)

(8,586

)

At 31 August 2025

358

2,813

3,171

Net book value

At 31 August 2025

1,624

12,187

13,811

At 31 August 2024

395

281

676

6.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

245

1,853

Other debtors

7,833

405

8,078

2,258

7.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts

4,721

-

Amounts owed to group undertakings

19,697

19,697

Tax

-

7,320

Social security and other taxes

-

34

VAT

4,546

9,833

Other creditors

4,592

4,592

Directors' current accounts

-

1,048

Accruals and deferred income

4,353

1,468

37,909

43,992

Creditors falling due in less than one year includes liabilities of £4,721 (2024: £nil ) which are secured by the assets to which they relate.

8.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Bank loans - 2-5 years

11,954

-

Creditors falling due in less than one year includes liabilities of £11,954 (2024: £nil ) which are secured by the assets to which they relate.

9.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary shares A

£1

1

1

1

Ordinary shares B

£1

1

1

2

2