REGISTERED NUMBER: 09518338 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

M & M Blinds & Curtains Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Mclaughlin

G McLaughlin

Miss A J McLaughlin

REGISTERED OFFICE:

269 Tong Road

Leeds

West Yorkshire

LS18 5JL

REGISTERED NUMBER:

09518338 (England and Wales)

ACCOUNTANTS:

Michael Astin Accountancy Services

95 Tarnside Close

Rochdale

Greater Manchester

OL16 2QD

FIXED ASSETS

Tangible assets

4

71,381

31,487

CURRENT ASSETS

Stocks

5

26,980

22,646

Cash at bank

178,904

272,182

205,884

294,828

CREDITORS

Amounts falling due within one year

6

178,647

271,481

NET CURRENT ASSETS

27,237

23,347

TOTAL ASSETS LESS CURRENT LIABILITIES

98,618

54,834

CREDITORS

Amounts falling due after more than one year

7

56,898

25,154

NET ASSETS

41,720

29,680

CAPITAL AND RESERVES

Called up share capital

300

300

Retained earnings

9

41,420

29,380

41,720

29,680

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 8 December 2025 and were signed on its behalf by:

J Mclaughlin - Director

G McLaughlin - Director

Miss A J McLaughlin - Director

1.	STATUTORY INFORMATION

M & M Blinds & Curtains Ltd 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

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

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 13 (2024 - 13 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

39,278

-

8,678

47,956

Additions

-

52,109

833

52,942

At 31 March 2025

39,278

52,109

9,511

100,898

DEPRECIATION

At 1 April 2024

9,055

-

7,414

16,469

Charge for year

4,533

7,816

699

13,048

At 31 March 2025

13,588

7,816

8,113

29,517

NET BOOK VALUE

At 31 March 2025

25,690

44,293

1,398

71,381

At 31 March 2024

30,223

-

1,264

31,487

5.

STOCKS

31.3.25

31.3.24

£

£

Stocks

26,980

22,646

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

25,172

25,891

Trade creditors

67,080

129,452

Tax

-

2,987

Social security and other taxes

7,346

7,205

VAT

33,396

47,531

Other creditors

34,539

57,734

Directors' current accounts

10,434

1

Accrued expenses

680

680

178,647

271,481

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans (see note 8)

14,505

25,154

Hire purchase contracts

42,393

-

56,898

25,154

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

14,505

25,154

8.

LOANS

An analysis of the maturity of loans is given below:

31.3.25

31.3.24

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

14,505

25,154

9.

RESERVES

Retained

earnings

£

At 1 April 2024

29,380

Profit for the year

27,040

Dividends

(15,000

)

At 31 March 2025

41,420