REGISTERED NUMBER: 08527607 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 APRIL 2024 TO 30 APRIL 2025

FOR

INSTYLE LED LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr D Court

REGISTERED OFFICE:

Unit G

The Croft

High Street

Whetstone

Leicestershire

LE8 6LQ

REGISTERED NUMBER:

08527607 (England and Wales)

FIXED ASSETS

Tangible assets

4

109,516

44,470

CURRENT ASSETS

Stocks

186,203

169,275

Debtors

5

198,919

226,041

Cash at bank and in hand

180,834

189,619

565,956

584,935

CREDITORS

Amounts falling due within one year

6

391,678

309,871

NET CURRENT ASSETS

174,278

275,064

TOTAL ASSETS LESS CURRENT LIABILITIES

283,794

319,534

CREDITORS

Amounts falling due after more than one year

7

-

(20,187

)

PROVISIONS FOR LIABILITIES

(24,903

)

(9,137

)

NET ASSETS

258,891

290,210

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

258,791

290,110

SHAREHOLDERS' FUNDS

258,891

290,210

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 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 11 December 2025 and were signed by:

Mr D Court - Director

1.	STATUTORY INFORMATION

Instyle LED 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.

The presentation currency of the financial statements is the Pound Sterling (£).

The accounting period has been extended from 31 March 2025 to 30 April 2025. Accordingly, these financial statements cover a period of 13 months. The comparative figures therefore relate to a period of twelve months and are not entirely comparable.

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

Revenue comprises the fair value for the sale of goods excluding value added taxes. In all cases revenue is recognised when the risks and rewards of ownership are transferred and this is defined to be on dispatch of the goods.

Tangible fixed assets

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

Improvements to property

-

25% on reducing balance

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Office equipment

-

25% on reducing balance

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 period 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 period 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.

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.

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured

initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 7 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 April 2024

41,130

615

8,648

Additions

43,942

750

2,052

Disposals

-

-

-

At 30 April 2025

85,072

1,365

10,700

DEPRECIATION

At 1 April 2024

18,427

349

2,959

Charge for period

9,103

104

1,048

Eliminated on disposal

-

-

-

At 30 April 2025

27,530

453

4,007

NET BOOK VALUE

At 30 April 2025

57,542

912

6,693

At 31 March 2024

22,703

266

5,689

Motor

Office

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

-

48,384

98,777

Additions

39,095

13,383

99,222

Disposals

(17,100

)

-

(17,100

)

At 30 April 2025

21,995

61,767

180,899

DEPRECIATION

At 1 April 2024

-

32,572

54,307

Charge for period

2,444

5,446

18,145

Eliminated on disposal

(1,069

)

-

(1,069

)

At 30 April 2025

1,375

38,018

71,383

NET BOOK VALUE

At 30 April 2025

20,620

23,749

109,516

At 31 March 2024

-

15,812

44,470

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

179,001

126,019

Amounts owed by group undertakings

-

84,693

Other debtors

19,918

15,329

198,919

226,041

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

16,884

37,786

Trade creditors

220,187

156,133

Amounts owed to group undertakings

31,351

-

Taxation and social security

113,376

109,850

Other creditors

9,880

6,102

391,678

309,871

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

20,187

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

20,419

22,822

Between one and five years

-

22,320

20,419

45,142

9.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

10.	ULTIMATE PARENT COMPANY

The company's ultimate parent company is Instyle Group Holdings Limited. The accounts of Instyle Group

Holdings Limited can be obtained from Companies House, Crown Way, Cardiff, CF14 3UZ.

Instyle Group Holdings Limited is deemed to be controlled by Mr D Court by virtue of his 100% shareholding.