DECORATIVE LTD


Directors	HALILI, Gert
	HALILI, Serjan
	SZUBERT HALILI, Monika Danuta


Registered Address	34 Gauntlett Road
	Sutton
	SM1 4RY


Registered Number	11963617 (England and Wales)

Balance Sheet as at
30 April 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		31,093		37,020
			31,093		37,020
Current assets
Debtors		184,728		100,993
Cash at bank and on hand		286,282		169,334
		471,010		270,327
Creditors amounts falling due within one year		(242,804)		(39,280)
Net current assets (liabilities)			228,206		231,047
Total assets less current liabilities			259,299		268,067
Creditors amounts falling due after one year			(27,676)		(30,106)
Net assets			231,623		237,961
Capital and reserves
Called up share capital			100		100
Profit and loss account			231,523		237,861
Shareholders' funds			231,623		237,961

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 5 November 2025, and are signed on its behalf by:

HALILI, Serjan
Director
Registered Company No. 11963617

DECORATIVE LTD

Notes to the Financial Statements
for the year ended 30 April 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue 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 transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue 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 transition can be measured reliably.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Plant and machinery	5
	Office Equipment	3

2.	Average number of employees


		2025		2024
	Average number of employees during the year	4		4

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 May 24	64,928
	Additions	4,775
	Disposals	(37,307)
	At 30 April 25	32,396
	Depreciation and impairment
	At 01 May 24	27,909
	Charge for year	(26,606)
	At 30 April 25	1,303
	Net book value
	At 30 April 25	31,093
	At 30 April 24	37,020

4.	Related party transactions
	Transactions with the directors mainly arose from business expenses paid personally on behalf of the company. The company was under the control of Mr. S Halili, Mr. G Halili and Ms. M S Halili throughout the current and preceding financial years. All three served as managing directors, and Mr. S Halili and Mr. G Halili are the majority shareholders, holding equal shareholdings in the company. No other related party transactions were undertaken that require disclosure under FRS 102 Section 1A.

Related party transactions

Transactions with the directors mainly arose from business expenses paid personally on behalf of the company.

The company was under the control of Mr. S Halili, Mr. G Halili and Ms. M S Halili throughout the current and preceding financial years. All three served as managing directors, and Mr. S Halili and Mr. G Halili are the majority shareholders, holding equal shareholdings in the company.

No other related party transactions were undertaken that require disclosure under FRS 102 Section 1A.