REGISTERED NUMBER: 04673250 (England and Wales)

Strategic Report, Report of the Director and

Financial Statements for the Year Ended 31 March 2025

for

Estilo Interiors Ltd

Page

Company Information

1

Strategic Report

2

Report of the Director

3

Report of the Independent Auditors

5

Income Statement

8

Other Comprehensive Income

9

Balance Sheet

10

Statement of Changes in Equity

11

Cash Flow Statement

12

Notes to the Cash Flow Statement

13

Notes to the Financial Statements

14

DIRECTOR:

A J Moore

REGISTERED OFFICE:

8/9 Earls Way

Halesowen

West Midlands

B63 3HR

BUSINESS ADDRESS:

Unit C

Ludgate Court

Water Street

Birmingham

West Midlands

B3 1EP

REGISTERED NUMBER:

04673250 (England and Wales)

AUDITORS:

Michael Dufty Partnership Ltd

Statutory Auditors

The Counting House

59-61 Charlotte Street

St Paul's Square

Birmingham

West Midlands

B3 1PX

The director presents his strategic report for the year ended 31 March 2025.

REVIEW OF BUSINESS

The director considers that the company has given another year of satisfactory performance driven by consistent high quality project delivery and focus on customer satisfaction.

Revenue decreased 28% from £38,095,604, last year to £27,128,192 while gross profit has decreased from £5,073,946 last year to £4,023,481 current year. The gross margin has increased from 13.3% to 14.8%. The company continues to generate significant gross and net profits.

The profit before tax and dividends has decreased from £2,021,480 to £882,048. Costs have been well controlled throughout the period by the company.

This has resulted in the net assets of the company increasing from £3,657,692 to £3,869,360 as the company continues to build strength and liquidity.

PRINCIPAL RISKS AND UNCERTAINTIES

The key risks and uncertainties faced by the company include cost fluctuations, financial risk, liquidity risk and trade debtor risk.

Cost Fluctuations -

This risk has become more prevalent with increases in inflation being felt across the supply chain. The company has established strong relationships with its key supplier base to maintain pricing stability where possible.

Trade debtor risk -

Trade Debtor risk is managed and controlled through a disciplined approach to credit management and the extensive screening of all new business prospects. Existing customers are also periodically screened through a recognised credit risk management product provider.

Financial risk -

The company is exposed to variety of financial risks and undertakes regular reviews to identify such risks and wherever possible put processes in place to mitigate such risks. The company monitors changes in interest rates to ensure that costs are controlled well.

Liquidity risk -

Liquidity risk arises from the company's management of working capital. It is the risk the company will encounter difficulty in meeting its financial obligations as they fall due. The company monitors its performance against budgets and reviews the rolling cashflow position on a regular basis. Debtor and creditor positions are reviewed as are bank account balances. The financial statements are prepared on a going concern basis as it is expected that the company can meet obligations as they fall due.

Whilst uncertainty still remains, the company remains positive in relation to its strong order book and the strong relationship it has built with its customers and suppliers. Due to the strength of the company and it's diverse customer base, the directors consider that there are no material risks in the coming year.

KEY PERFORMANCE INDICATORS

The Company's financial key performance indicators are described in the business review above. No other key performance indicators are deemed necessary to explain the development, performance or position of the Company.

ON BEHALF OF THE BOARD:

A J Moore - Director

10 December 2025

The director presents his report with the financial statements of the company for the year ended 31 March 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of the fit out and refurbishments of projects in the office and education sectors. We do not expect this to change in the foreseeable future.

DIVIDENDS

The total distribution of dividends for the year ended 31 March 2025 will be £ 435,088 .

The director does not recommend a final dividend.

DIRECTOR

A J Moore held office during the whole of the period from 1 April 2024 to the date of this report.

POLITICAL DONATIONS AND EXPENDITURE

The company made no political donations during the year (2024: nil).

FUTURE DEVELOPMENTS

The director is pleased with the continued profitability of the company and anticipates continued success in the future.

GOING CONCERN

The Director has prepared the financial statements on a going concern basis. Given the company's profitability, it has been able to further strengthen its position in the market place. The outlook for the company is strong with management remaining positive on the current profitability of the company post year end.

DIRECTORS' INDEMNITIES

The company maintains liability insurance for it's directors and officers.

DIRECTOR'S RESPONSIBILITIES STATEMENT

The director is responsible for preparing the Strategic Report, the Report of the Director and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the director is aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and he has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS

The auditors, Michael Dufty Partnership Ltd, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

A J Moore - Director

10 December 2025

Opinion

We have audited the financial statements of Estilo Interiors Ltd (the 'company') for the year ended 31 March 2025 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity, Cash Flow Statement and Notes to the Cash Flow Statement, Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

-	give a true and fair view of the state of the company's affairs as at 31 March 2025 and of its profit for the year then ended;

-	have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

-	have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the director with respect to going concern are described in the relevant sections of this report.

Other information

The director is responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Director, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

-	the information given in the Strategic Report and the Report of the Director for the financial year for which the financial statements are prepared is consistent with the financial statements; and

-	the Strategic Report and the Report of the Director have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Report of the Director.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

-	adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

-	the financial statements are not in agreement with the accounting records and returns; or

-	certain disclosures of director's remuneration specified by law are not made; or

-	we have not received all the information and explanations we require for our audit.

Responsibilities of director

As explained more fully in the Director's Responsibilities Statement set out on page three, the director is responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the director determines necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the director is responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the director either intends to liquidate the company or to cease operations, or has no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

- we identified the laws and regulations applicable to the company through discussions with directors and other

management, and from our commercial knowledge and experience of the company and sector in which they

operate;

- we focused on specific laws and regulations which we considered may have a direct material effect on the

financial statements or the operations of the company, including the Companies Act 2006 and taxation legislation;

and

- we assessed the extent of compliance with the laws and regulations identified above through making enquiries of

management and considering available audit information.

We assessed the susceptibility of the company's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

- making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of

actual, suspected and alleged fraud; and

- considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations.

To address the risk of fraud through management bias and override of controls, we:

- performed analytical procedures to identify any unusual or unexpected relationships;

- tested journal entries to identify unusual transactions; and

- assessed whether judgements and assumptions made in determining the accounting estimates were indicative of

potential bias

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

- agreeing financial statement disclosures to underlying supporting documentation;

- enquiring of management as to actual and potential litigation and claims.

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any. Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Robert MacLaren (Senior Statutory Auditor)

for and on behalf of Michael Dufty Partnership Ltd

Statutory Auditors

The Counting House

59-61 Charlotte Street

St Paul's Square

Birmingham

West Midlands

B3 1PX

10 December 2025

TURNOVER

27,128,192

38,095,604

Cost of sales

23,104,711

33,021,658

GROSS PROFIT

4,023,481

5,073,946

Administrative expenses

3,282,207

3,079,369

OPERATING PROFIT

4

741,274

1,994,577

Interest receivable and similar income

157,932

53,524

899,206

2,048,101

Interest payable and similar expenses

5

17,158

26,621

PROFIT BEFORE TAXATION

882,048

2,021,480

Tax on profit

6

235,292

530,947

PROFIT FOR THE FINANCIAL YEAR

646,756

1,490,533

PROFIT FOR THE YEAR

646,756

1,490,533

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

646,756

1,490,533

FIXED ASSETS

Tangible assets

8

484,642

166,535

CURRENT ASSETS

Debtors

9

5,616,397

4,601,545

Cash at bank and in hand

5,359,473

5,621,456

10,975,870

10,223,001

CREDITORS

Amounts falling due within one year

10

7,517,939

6,534,884

NET CURRENT ASSETS

3,457,931

3,688,117

TOTAL ASSETS LESS CURRENT LIABILITIES

3,942,573

3,854,652

CREDITORS

Amounts falling due after more than one year

11

(40,000

)

(160,000

)

PROVISIONS FOR LIABILITIES

16

(33,213

)

(36,960

)

NET ASSETS

3,869,360

3,657,692

CAPITAL AND RESERVES

Called up share capital

17

90

90

Retained earnings

18

3,869,270

3,657,602

SHAREHOLDERS' FUNDS

3,869,360

3,657,692

The financial statements were approved by the director and authorised for issue on 10 December 2025 and were signed by:

A J Moore - Director

Called up

share

Retained

Total

capital

earnings

equity

£

£

£

Balance at 1 April 2023

90

2,701,859

2,701,949

Changes in equity

Dividends

-

(534,790

)

(534,790

)

Total comprehensive income

-

1,490,533

1,490,533

Balance at 31 March 2024

90

3,657,602

3,657,692

Changes in equity

Dividends

-

(435,088

)

(435,088

)

Total comprehensive income

-

646,756

646,756

Balance at 31 March 2025

90

3,869,270

3,869,360

Cash flows from operating activities

Cash generated from operations

1

1,036,595

5,529,374

Interest paid

(17,134

)

(25,880

)

Interest element of hire purchase payments paid

(26

)

(741

)

Tax paid

(631,703

)

(360,839

)

Net cash from operating activities

387,732

5,141,914

Cash flows from investing activities

Purchase of tangible fixed assets

(373,795

)

(7,994

)

Sale of tangible fixed assets

500

-

Interest received

157,932

53,524

Net cash from investing activities

(215,363

)

45,530

Cash flows from financing activities

Loan repayments in year

(120,000

)

(120,000

)

Capital repayments in year

(2,656

)

(19,338

)

Equity dividends paid

(435,088

)

(534,790

)

Net cash from financing activities

(557,744

)

(674,128

)

(Decrease)/increase in cash and cash equivalents

(385,375

)

4,513,316

Cash and cash equivalents at beginning of year

2

5,459,949

946,633

Cash and cash equivalents at end of year

2

5,074,574

5,459,949

1.	RECONCILIATION OF PROFIT BEFORE TAXATION TO CASH GENERATED FROM OPERATIONS

31.3.25

31.3.24

£

£

Profit before taxation

882,048

2,021,480

Depreciation charges

49,737

55,604

Loss on disposal of fixed assets

5,452

5,511

Finance costs

17,158

26,621

Finance income

(157,932

)

(53,524

)

796,463

2,055,692

(Increase)/decrease in trade and other debtors

(1,014,852

)

2,181,171

Increase in trade and other creditors

1,254,984

1,292,511

Cash generated from operations

1,036,595

5,529,374

2.	CASH AND CASH EQUIVALENTS

The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these Balance Sheet amounts:

Year ended 31 March 2025

31.3.25

1.4.24

£

£

Cash and cash equivalents

5,359,473

5,621,456

Bank overdrafts

(284,899

)

(161,507

)

5,074,574

5,459,949

Year ended 31 March 2024

31.3.24

1.4.23

£

£

Cash and cash equivalents

5,621,456

1,270,772

Bank overdrafts

(161,507

)

(324,139

)

5,459,949

946,633

3.	ANALYSIS OF CHANGES IN NET FUNDS

At 1.4.24

Cash flow

At 31.3.25

£

£

£

Net cash

Cash at bank and in hand

5,621,456

(261,983

)

5,359,473

Bank overdrafts

(161,507

)

(123,392

)

(284,899

)

5,459,949

(385,375

)

5,074,574

Debt

Finance leases

(2,656

)

2,656

-

Debts falling due within 1 year

(120,000

)

-

(120,000

)

Debts falling due after 1 year

(160,000

)

120,000

(40,000

)

(282,656

)

122,656

(160,000

)

Total

5,177,293

(262,719

)

4,914,574

1.	STATUTORY INFORMATION

Estilo Interiors 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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Critical accounting judgements and key sources of estimation uncertainty

The preparation of financial statements requires the Company's management to make judgements, assumptions and estimates that affect the application of accounting policies and the reported amounts f assets, liabilities income & expenses. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis.

Critical judgements and estimates in applying the Company's accounting policies

The following are the critical judgements and estimates that the director has made in the process of applying the Company's accounting policies and that have the most significant effect on the amounts recognised in the financial statements:

Revenue and profit recognition for contracts

In order to determine the revenue and profit recognition in respect of the Company's contracts, the Company has to estimate the total costs to deliver the contract as well as the final contract value. The company has to allocate total expected costs between the amount incurred on the contract to the end of the reporting period and the proportion to complete in a future period. The assessment of the total costs to be incurred and final contract value requires a degree of judgement and estimation.

The final contract value may include assessment of the recovery of variations which have yet to be agreed with clients, as well as additional compensation claim amounts. The amount of variations and claims are often not fully agreed with the customer due to timing and requirements of the normal contractual process. Therefore, assessments are based on an estimate of the potential cost impact of the compensation claims and revenue is constrained to amounts the Company believes are highly probable of being received. The estimation of costs to complete is based on all available relevant information and may include judgements and estimates of any potential defect liabilities or liquidated damages.

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 is recognised as follows:

Where the outcome of a construction contract can be estimated reliably, revenue and costs are recognised by reference to the stage of completion of the contract activity att the balance sheet date. This is normally measured by surveys of work performed to date. Variations in contract work, claims and incentive payments are included to the extent that it is probable that they will result in revenue and they are capable of being reliably measured.

Where the outcome of a construction contract cannot be estimated reliably, contract revenue is recognised to to the extent of contract costs incurred that is probable will be recoverable. Contract costs are recognised as expenses in the period in which they are incurred. When it is probable that total contract costs will exceed total contract revenue, the expected loss is recognised as an expense immediately.

Tangible fixed assets

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

Short leasehold

-

10% on cost

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance and 20% on cost

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.

Finance leases are capitalised at commencement of the lease as assets at the fair value of the leased asset or, if lower, the present value of the minimum lease payments calculated using the interest rate implicit in 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.

Debtors and creditors receivable/payable

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

Cash at bank and in hand

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks.

3.	EMPLOYEES AND DIRECTORS

31.3.25

31.3.24

£

£

Wages and salaries

1,762,280

1,675,648

Social security costs

203,025

190,923

Other pension costs

195,827

108,203

2,161,132

1,974,774

The average number of employees during the year was as follows:

31.3.25

31.3.24

Sales, Support and Administration

33

31

31.3.25

31.3.24

£

£

Director's remuneration

9,100

9,448

Director's pension contributions to money purchase schemes

100,000

-

4.	OPERATING PROFIT

The operating profit is stated after charging:

31.3.25

31.3.24

£

£

Hire of plant and machinery

99,493

117,412

Depreciation - owned assets

49,736

55,605

Loss on disposal of fixed assets

5,452

5,511

Auditors remuneration

15,000

15,000

Operating leases

83,690

84,945

5.

INTEREST PAYABLE AND SIMILAR EXPENSES

31.3.25

31.3.24

£

£

Bank loan interest

17,132

25,880

Hire purchase

26

741

17,158

26,621

6.

TAXATION

Analysis of the tax charge

The tax charge on the profit for the year was as follows:

31.3.25

31.3.24

£

£

Current tax:

UK corporation tax

239,039

531,703

Deferred tax

(3,747

)

(756

)

Tax on profit

235,292

530,947

UK corporation tax was charged at 25%) in 2024.

Reconciliation of total tax charge included in profit and loss

The tax assessed for the year is higher than the standard rate of corporation tax in the UK. The difference is explained below:

31.3.25

31.3.24

£

£

Profit before tax

882,048

2,021,480

Profit multiplied by the standard rate of corporation tax in the UK of 25% (2024 - 25%)

220,512

505,370

Effects of:

Expenses not deductible for tax purposes

14,780

13,762

Effects of increase in deferred tax rate

-

11,815

Total tax charge

235,292

530,947

7.

DIVIDENDS

31.3.25

31.3.24

£

£

Ordinary A shares of £1 each

Interim

435,088

534,790

8.	TANGIBLE FIXED ASSETS

Freehold

Short

Plant and

property

leasehold

machinery

£

£

£

COST

At 1 April 2024

-

1,868

22,958

Additions

335,896

-

4,582

Disposals

-

-

-

At 31 March 2025

335,896

1,868

27,540

DEPRECIATION

At 1 April 2024

-

1,681

20,440

Charge for year

-

187

1,775

Eliminated on disposal

-

-

-

At 31 March 2025

-

1,868

22,215

NET BOOK VALUE

At 31 March 2025

335,896

-

5,325

At 31 March 2024

-

187

2,518

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

369,382

149,327

154,673

698,208

Additions

-

-

33,317

373,795

Disposals

-

(30,748

)

-

(30,748

)

At 31 March 2025

369,382

118,579

187,990

1,041,255

DEPRECIATION

At 1 April 2024

289,041

100,319

120,192

531,673

Charge for year

-

30,849

16,925

49,736

Eliminated on disposal

-

(24,796

)

-

(24,796

)

At 31 March 2025

289,041

106,372

137,117

556,613

NET BOOK VALUE

At 31 March 2025

80,341

12,207

50,873

484,642

At 31 March 2024

80,341

49,008

34,481

166,535

9.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

2,143,885

2,134,244

Amounts recoverable on contracts

3,006,724

2,002,013

Other debtors

465,788

465,288

5,616,397

4,601,545