REGISTERED NUMBER: 11096780 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2025

for

Claughton Furniture Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D. H. Claughton

REGISTERED OFFICE:

Unit 10 Redcliff Road

Melton

North Ferriby

East Yorkshire

HU14 3RS

REGISTERED NUMBER:

11096780 (England and Wales)

ACCOUNTANTS:

C. Hart & Company (Hull) Limited

74 Kenilworth Avenue

Hull

HU5 4BH

FIXED ASSETS

Intangible assets

4

24,400

26,026

Tangible assets

5

138,205

172,191

162,605

198,217

CURRENT ASSETS

Stocks

628,311

361,900

Debtors

6

126,971

333,245

Cash at bank and in hand

1,948

12,495

757,230

707,640

CREDITORS

Amounts falling due within one year

7

658,909

579,227

NET CURRENT ASSETS

98,321

128,413

TOTAL ASSETS LESS CURRENT LIABILITIES

260,926

326,630

CREDITORS

Amounts falling due after more than one year

8

(142,484

)

(75,434

)

PROVISIONS FOR LIABILITIES

10

(6,577

)

(24,224

)

NET ASSETS

111,865

226,972

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

111,864

226,971

SHAREHOLDERS' FUNDS

111,865

226,972

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 20 November 2025 and were signed by:

D. H. Claughton - Director

1.	STATUTORY INFORMATION

Claughton Furniture 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.

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.

Patents and licences are being amortised evenly over their estimated useful life of twenty years.

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 etc

-

25% on reducing balance, 20% on reducing balance and 10% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2024 - 18 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 June 2024

and 31 May 2025

32,533

AMORTISATION

At 1 June 2024

6,507

Charge for year

1,626

At 31 May 2025

8,133

NET BOOK VALUE

At 31 May 2025

24,400

At 31 May 2024

26,026

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 June 2024

49,472

198,654

15,000

Disposals

-

-

-

At 31 May 2025

49,472

198,654

15,000

DEPRECIATION

At 1 June 2024

16,803

92,725

11,068

Charge for year

3,267

21,185

786

Eliminated on disposal

-

-

-

At 31 May 2025

20,070

113,910

11,854

NET BOOK VALUE

At 31 May 2025

29,402

84,744

3,146

At 31 May 2024

32,669

105,929

3,932

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 June 2024

55,657

14,784

333,567

Disposals

(4,990

)

-

(4,990

)

At 31 May 2025

50,667

14,784

328,577

DEPRECIATION

At 1 June 2024

30,924

9,856

161,376

Charge for year

5,657

986

31,881

Eliminated on disposal

(2,885

)

-

(2,885

)

At 31 May 2025

33,696

10,842

190,372

NET BOOK VALUE

At 31 May 2025

16,971

3,942

138,205

At 31 May 2024

24,733

4,928

172,191

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade debtors

82,810

242,595

VAT

44,161

40,490

Prepayments

-

50,160

126,971

333,245

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans and overdrafts

52,698

12,837

Other loans

54,124

5,883

Hire purchase contracts (see note 9)

15,924

15,015

Trade creditors

427,830

424,771

Tax

-

2,363

Social security and other taxes

24,021

10,351

Other creditors

1,903

22,205

Directors' current accounts

81,359

84,802

Accrued expenses

1,050

1,000

658,909

579,227

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans - 1-2 years

-

9,640

Other loans - 1-2 years

25,161

6,632

Other loans - 2-5 years

85,851

8,586

Hire purchase contracts (see note 9)

31,472

50,576

142,484

75,434

9.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

31.5.25

31.5.24

£

£

Net obligations repayable:

Within one year

15,924

15,015

Between one and five years

31,472

50,576

47,396

65,591

10.	PROVISIONS FOR LIABILITIES

31.5.25

31.5.24

£

£

Deferred tax

6,577

24,224

Deferred

tax

£

Balance at 1 June 2024

24,224

Credit to Income Statement during year

(17,647

)

Balance at 31 May 2025

6,577