Select Interior Shutters Limited

Registered number

06132337

Filleted Accounts

31 March 2025

Select Interior Shutters Limited
Registered number:		06132337
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		9,592			8,288

Current assets
Debtors	4	22,729			26,260
Cash at bank and in hand		632			3,599
		23,361			29,859

Creditors: amounts falling due within one year	5	(15,909)			(25,728)

Net current assets			7,452			4,131

Total assets less current liabilities			17,044			12,419

Creditors: amounts falling due after more than one year	6		(5,230)			-

Provisions for liabilities			(1,820)			(1,570)


Net assets			9,994			10,849

Capital and reserves
Called up share capital			1			1
Profit and loss account			9,993			10,848

Shareholder's funds			9,994			10,849

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




C Wakefield
Director
Approved by the board on 6 August 2025

Select Interior Shutters Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
	Plant and machinery	15% reducing balance
	Motor vehicles	25% reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			1		1


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2024	10,528		31,501		42,029
	Additions	-		8,923		8,923
	Disposals	-		(31,501)		(31,501)
	At 31 March 2025	10,528		8,923		19,451

	Depreciation
	At 1 April 2024	7,116		26,625		33,741
	Charge for the year	512		2,231		2,743
	On disposals	-		(26,625)		(26,625)
	At 31 March 2025	7,628		2,231		9,859

	Net book value
	At 31 March 2025	2,900		6,692		9,592
	At 31 March 2024	3,412		4,876		8,288


4	Debtors			2025		2024
£					£

	Trade debtors			21,783		24,745
	Other debtors			946		1,515
				22,729		26,260


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			3,936		2,481
	Trade creditors			1,917		10,379
	Corporation tax			4,266		5,735
	Other creditors			5,790		7,133
				15,909		25,728


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			5,230		-


7	Related party transactions			2025		2024
£					£
	Director's Loan Account
	The director is a related party to the company.
	At 31 March the the following short term, interest free, unsecured loans were owed to the related party; the loans are repayable upon demand.			741		2,568


8	Controlling party

	The director is the ultimate controlling party by virtue of her 100% ownership of the issued share capital of the company.


9	Other information

	Select Interior Shutters Limited is a private company limited by shares and incorporated in England. Its registered office is:
	89 Chorley Road
	Swinton
	Manchester
	M27 4AA