Company No: 09647196 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTOR

Phillip John Holmes

REGISTERED OFFICE	Unit 27 The Bull Commercial Centre
	Stockton-On-Forest
	York
	YO32 9LE
	United Kingdom

COMPANY NUMBER

09647196 (England and Wales)

ACCOUNTANT	Ian Walker & Co
	Wellington House
	York
	YO30 4UZ
	United Kingdom

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	100,780		104,627
		100,780		104,627
Current assets
Stocks	4	117,653		134,548
Debtors	5	324,547		288,524
Cash at bank and in hand	6	205,008		159,728
		647,208		582,800
Creditors: amounts falling due within one year	7	( 435,681)		( 440,849)
Net current assets		211,527		141,951
Total assets less current liabilities		312,307		246,578
Provision for liabilities	8, 9	( 25,196)		( 26,156)
Net assets		287,111		220,422
Capital and reserves
Called-up share capital	10	100		100
Profit and loss account		287,011		220,322
Total shareholder's funds		287,111		220,422

For the financial year ending 30 June 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Focus Fireplaces (Manufacturing) Limited (registered number: 09647196) were approved and authorised for issue by the Director on 21 October 2025. They were signed on its behalf by:

Phillip John Holmes Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Focus Fireplaces (Manufacturing) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Unit 27 The Bull Commercial Centre, Stockton-On-Forest, York, YO32 9LE, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery	25 % reducing balance
Vehicles	25 % reducing balance
Computer equipment	15 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	29		30

3. Tangible assets

	Plant and machinery		Vehicles		Computer equipment		Total
	£		£		£		£
Cost
At 01 July 2024	50,865		208,218		22,024		281,107
Additions	665		27,000		4,884		32,549
Disposals	0		( 46,879)		0		( 46,879)
At 30 June 2025	51,530		188,339		26,908		266,777
Accumulated depreciation
At 01 July 2024	31,795		132,906		11,779		176,480
Charge for the financial year	4,880		20,341		1,598		26,819
Disposals	0		( 37,302)		0		( 37,302)
At 30 June 2025	36,675		115,945		13,377		165,997
Net book value
At 30 June 2025	14,855		72,394		13,531		100,780
At 30 June 2024	19,070		75,312		10,245		104,627

4. Stocks

	2025		2024
	£		£
Stocks (secured)	117,653		134,548

5. Debtors

	2025		2024
	£		£
Trade debtors	309,871		273,991
Other debtors	14,676		14,533
	324,547		288,524

6. Cash and cash equivalents

	2025		2024
	£		£
Cash at bank and in hand	205,008		159,728

7. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	148,360		147,836
Amounts owed to Group undertakings	113,941		134,667
Taxation and social security	91,656		83,865
Obligations under finance leases and hire purchase contracts	56,980		49,897
Other creditors	24,744		24,584
	435,681		440,849

8. Provision for liabilities

	2025		2024
	£		£
Deferred tax	25,196		26,156

9. Deferred tax

	2025		2024
	£		£
At the beginning of financial year	( 26,156)		( 31,050)
Credited to the Statement of Income and Retained Earnings	960		4,894
At the end of financial year	( 25,196)		( 26,156)

10. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100