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REGISTERED NUMBER: 04188860 (England and Wales)















Financial Statements for the Year Ended 31 March 2025

for

Absolute Blinds Limited

Absolute Blinds Limited (Registered number: 04188860)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Absolute Blinds Limited

Company Information
for the Year Ended 31 March 2025







Directors: N W Goode
A B Goode
S Johnson





Registered office: 25 Brownfields
Welwyn Garden City
Hertfordshire
AL7 1AN





Registered number: 04188860 (England and Wales)





Accountants: Jordan Thomas Lane
135 High Street
Great Abington
Cambridgeshire
CB21 6AE

Absolute Blinds Limited (Registered number: 04188860)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £   
Fixed assets
Intangible assets 4 9,000 13,500
Tangible assets 5 2,997 4,036
11,997 17,536

Current assets
Stocks 109,914 54,600
Debtors 6 181,616 101,978
Cash at bank 110,871 81,901
402,401 238,479
Creditors
Amounts falling due within one year 7 208,989 94,373
Net current assets 193,412 144,106
Total assets less current liabilities 205,409 161,642

Creditors
Amounts falling due after more than one
year

8

(11,727

)

(62,917

)

Provisions for liabilities (749 ) (1,009 )
Net assets 192,933 97,716

Capital and reserves
Called up share capital 103 103
Retained earnings 192,830 97,613
192,933 97,716

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

Absolute Blinds Limited (Registered number: 04188860)

Balance Sheet - continued
31 March 2025


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 30 October 2025 and were signed on its behalf by:





N W Goode - Director


Absolute Blinds Limited (Registered number: 04188860)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Absolute Blinds 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.

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of twenty years.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Computer equipment - 25% 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.

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

Absolute Blinds Limited (Registered number: 04188860)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 90,000
AMORTISATION
At 1 April 2024 76,500
Amortisation for year 4,500
At 31 March 2025 81,000
NET BOOK VALUE
At 31 March 2025 9,000
At 31 March 2024 13,500

5. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 April 2024
and 31 March 2025 9,150 7,307 16,457
DEPRECIATION
At 1 April 2024 5,463 6,958 12,421
Charge for year 922 117 1,039
At 31 March 2025 6,385 7,075 13,460
NET BOOK VALUE
At 31 March 2025 2,765 232 2,997
At 31 March 2024 3,687 349 4,036

6. DEBTORS
2025 2024
£    £   
Amounts falling due within one year:
Trade debtors 180,462 92,268
Other debtors 1,030 1,030
Prepayments and accrued income 124 7,020
181,616 100,318

Absolute Blinds Limited (Registered number: 04188860)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

6. DEBTORS - continued
2025 2024
£    £   
Amounts falling due after more than one year:
Amounts owed by group undertakings - 1,660

Aggregate amounts 181,616 101,978

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other loans 10,000 10,000
Trade creditors 33,345 32,695
Tax 29,271 15,687
VAT 45,381 21,765
Other creditors - 13,146
Directors' loan accounts 280 280
Accruals and deferred income 90,712 800
208,989 94,373

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Other loans 11,727 21,667
Amounts owed to group undertakings - 41,250
11,727 62,917