Floyd Sims Professional Painters & Decorators Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 10052291

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		385		513

			385		513
CURRENT ASSETS
Cash at bank and in hand		21,423		20,941

		21,423		20,941
Creditors: Amounts Falling Due Within One Year	5	(4,018 )		(5,254 )

NET CURRENT ASSETS (LIABILITIES)			17,405		15,687

TOTAL ASSETS LESS CURRENT LIABILITIES			17,790		16,200

NET ASSETS			17,790		16,200

CAPITAL AND RESERVES
Called up share capital			100		100
Profit and Loss Account			17,690		16,100

SHAREHOLDERS' FUNDS			17,790		16,200

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

F M Sims

Director

1st December 2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Floyd Sims Professional Painters & Decorators Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10052291 . The registered office is Unit 4a, Langley House, Wheatcroft Business Park, Landmere Lane, Edwalton, Nottingham, NG12 4DG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 rendering of services.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery

25% on reducing balance

2.4. Taxation

Corporation tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 April 2024	777

As at 31 March 2025	777

Depreciation
As at 1 April 2024	264
Provided during the period	128

As at 31 March 2025	392

Net Book Value
As at 31 March 2025	385

As at 1 April 2024	513

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Floyd Sims Professional Painters & Decorators Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Taxation and social security	2,170	2,560
Other creditors	1,848	2,694

	4,018	5,254

6. Ultimate Controlling Party

The company's ultimate controlling party is F M Sims.

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