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Company Registration No. 08981785 (England and Wales)
The Cabinet Rooms Collection Ltd Unaudited accounts for the year ended 31 March 2025
The Cabinet Rooms Collection Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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The Cabinet Rooms Collection Ltd Company Information for the year ended 31 March 2025
Directors
Mr Marcus Roe Mr Gary Whiter
Company Number
08981785 (England and Wales)
Registered Office
1-2 De Lunn Buildings Jewry Street Winchester SO23 8SA England
Accountants
Cone Accounting Limited 124 City Road London EC1V 2NX
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The Cabinet Rooms Collection Ltd Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
412
230
Tangible assets
5
32,510
42,195
32,922
42,425
Current assets
Inventories
5,220
3,862
Debtors
6
13,072
13,943
Cash at bank and in hand
(750)
14,360
17,542
32,165
Creditors: amounts falling due within one year
7
(181,814)
(122,828)
Net current liabilities
(164,272)
(90,663)
Total assets less current liabilities
(131,350)
(48,238)
Creditors: amounts falling due after more than one year
8
(140,401)
(164,112)
Net liabilities
(271,751)
(212,350)
Capital and reserves
Called up share capital
9
100
100
Profit and loss account
(271,851)
(212,450)
Shareholders' funds
(271,751)
(212,350)
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 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 27 November 2025 and were signed on its behalf by
Mr Gary Whiter Director Company Registration No. 08981785
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The Cabinet Rooms Collection Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
The Cabinet Rooms Collection Ltd is a private company, limited by shares, registered in England and Wales, registration number 08981785. The registered office is 1-2 De Lunn Buildings, Jewry Street, Winchester, SO23 8SA, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance Method
Fixtures & fittings
25% Reducing Balance Method
Computer equipment
25% Reducing Balance Method
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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The Cabinet Rooms Collection Ltd Notes to the Accounts for the year ended 31 March 2025
4
Intangible fixed assets
Goodwill
Other
Total
£
£
£
Cost
At 1 April 2024
28,030
5,950
33,980
Additions
-
300
300
At 31 March 2025
28,030
6,250
34,280
Amortisation
At 1 April 2024
28,030
5,720
33,750
Charge for the year
-
118
118
At 31 March 2025
28,030
5,838
33,868
Net book value
At 31 March 2025
-
412
412
At 31 March 2024
-
230
230
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
19,923
80,994
6,257
107,174
Additions
-
743
230
973
At 31 March 2025
19,923
81,737
6,487
108,147
Depreciation
At 1 April 2024
15,210
45,330
4,439
64,979
Charge for the year
1,178
9,024
456
10,658
At 31 March 2025
16,388
54,354
4,895
75,637
Net book value
At 31 March 2025
3,535
27,383
1,592
32,510
At 31 March 2024
4,713
35,664
1,818
42,195
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
132
8,976
Accrued income and prepayments
12,940
4,967
13,072
13,943
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The Cabinet Rooms Collection Ltd Notes to the Accounts for the year ended 31 March 2025
7
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
44,997
39,506
Trade creditors
95,933
32,248
Taxes and social security
34,260
19,999
Other creditors
4,824
16,142
Accruals
1,800
14,933
181,814
122,828
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
25,882
30,588
Loans from directors
114,519
133,524
140,401
164,112
9
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Average number of employees
During the year the average number of employees was 34 (2024: 19).
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