Company No: 07588214 (England and Wales)

Contents

• Company Information
• Statement of Financial Position
• Notes to the Financial Statements

DIRECTOR

P Money-Coutts

REGISTERED OFFICE	Overbury Court
	Old Odiham Road
	Alton
	GU34 4BX
	United Kingdom

COMPANY NUMBER

07588214 (England and Wales)

ACCOUNTANT	Shaw Gibbs Limited
	Wey Court West
	Union Road
	Farnham
	Surrey
	GU9 7PT

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	4	82,193		5,573
		82,193		5,573
Current assets
Stocks		49,757		58,000
Debtors	5	137,925		203,197
Cash at bank and in hand	6	177,145		208,273
		364,827		469,470
Creditors: amounts falling due within one year	7	( 272,951)		( 332,042)
Net current assets		91,876		137,428
Total assets less current liabilities		174,069		143,001
Provision for liabilities	8	( 13,077)		( 1,059)
Net assets		160,992		141,942
Capital and reserves
Called-up share capital		1		1
Profit and loss account		160,991		141,941
Total shareholder's funds		160,992		141,942

For the financial 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.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Overbury Interiors Limited (registered number: 07588214) were approved and authorised for issue by the Director on 15 December 2025. They were signed on its behalf by:

P Money-Coutts Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Overbury Interiors Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Overbury Court, Old Odiham Road, Alton, GU34 4BX, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Statement of Income and Retained Earnings in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Statement of Financial Position.

Taxation

Current tax
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.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill

10 years straight line

Goodwill

Goodwill arises on business combination and represents any excess of consideration given over the fair value of the identifiable assets and liabilities acquired. Goodwill is initially recognised as an intangible asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight line basis over its useful economic life, which is [number] years.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Leasehold improvements	10 years straight line
Plant and machinery	2 years straight line
Vehicles	20 % reducing balance
Fixtures and fittings	2 years straight line
Tools and equipment	2 years straight line
Computer equipment	2 years straight line

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	5		5

3. Intangible assets

	Goodwill		Total
	£		£
Cost
At 01 April 2024	116,000		116,000
At 31 March 2025	116,000		116,000
Accumulated amortisation
At 01 April 2024	116,000		116,000
At 31 March 2025	116,000		116,000
Net book value
At 31 March 2025	0		0
At 31 March 2024	0		0

4. Tangible assets

	Leasehold improve- ments		Plant and machinery		Vehicles		Fixtures and fittings		Tools and equipment		Computer equipment		Total
	£		£		£		£		£		£		£
Cost
At 01 April 2024	26,547		2,960		18,750		18,497		1,138		24,609		92,501
Additions	29,832		0		53,609		0		0		607		84,048
At 31 March 2025	56,379		2,960		72,359		18,497		1,138		25,216		176,549
Accumulated depreciation
At 01 April 2024	26,547		2,960		13,835		18,497		1,138		23,951		86,928
Charge for the financial year	1,219		0		5,450		0		0		759		7,428
At 31 March 2025	27,766		2,960		19,285		18,497		1,138		24,710		94,356
Net book value
At 31 March 2025	28,613		0		53,074		0		0		506		82,193
At 31 March 2024	0		0		4,915		0		0		658		5,573

5. Debtors

	2025		2024
	£		£
Trade debtors	134,097		191,722
Prepayments	3,828		11,475
	137,925		203,197

6. Cash and cash equivalents

	2025		2024
	£		£
Cash at bank and in hand	177,145		208,273

7. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	121,225		154,372
Amounts owed to director	48,031		38,121
Accruals and deferred income	4,512		113,320
Corporation tax	70		2,281
Other taxation and social security	11,103		20,152
Other creditors	88,010		3,796
	272,951		332,042

8. Deferred tax

	2025		2024
	£		£
At the beginning of financial year	( 1,059)		( 1,335)
(Charged)/credited to the Statement of Income and Retained Earnings	( 12,018)		276
At the end of financial year	( 13,077)		( 1,059)