REGISTERED NUMBER: 06809478 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

E2 Decorators Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

D Hall

P Dixon

REGISTERED OFFICE:

52 Farnham Terrace

High Barnes

Sunderland

Tyne and Wear

SR4 7SB

REGISTERED NUMBER:

06809478 (England and Wales)

ACCOUNTANTS:

TTR Barnes Limited

Chartered Accountants

3-5 Grange Terrace

Stockton Road

Sunderland

Tyne & Wear

SR2 7DG

FIXED ASSETS

Intangible assets

4

-

227

Tangible assets

5

2,025

2,677

Investment property

6

60,689

60,689

62,714

63,593

CURRENT ASSETS

Stocks

10,750

1,500

Debtors

7

149,586

99,571

Cash at bank

59,451

34,078

219,787

135,149

CREDITORS

Amounts falling due within one year

8

160,182

91,082

NET CURRENT ASSETS

59,605

44,067

TOTAL ASSETS LESS CURRENT LIABILITIES

122,319

107,660

CREDITORS

Amounts falling due after more than one year

9

-

(6,167

)

PROVISIONS FOR LIABILITIES

(499

)

(3,397

)

NET ASSETS

121,820

98,096

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

121,720

97,996

SHAREHOLDERS' FUNDS

121,820

98,096

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 December 2025 and were signed on its behalf by:

D Hall - Director

P Dixon - Director

1.	STATUTORY INFORMATION

E2 Decorators 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.

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.

The financial statements have been prepared on the going concern basis,which assumes the company will continue in operational existence for the foreseeable future, which the directors consider to be appropriate.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of fifteen years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stock and work in progress

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments.Basic financial instruments are recognised at transaction value and subsequently measured at their settlement value.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

20,000

AMORTISATION

At 1 April 2024

19,773

Amortisation for year

227

At 31 March 2025

20,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

227

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

25,305

DEPRECIATION

At 1 April 2024

22,628

Charge for year

652

At 31 March 2025

23,280

NET BOOK VALUE

At 31 March 2025

2,025

At 31 March 2024

2,677

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

60,689

NET BOOK VALUE

At 31 March 2025

60,689

At 31 March 2024

60,689

In the opinion of the directors the cost of the investment properties represents its fair value as at 31 March 2025.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

48,852

47,911

Other debtors

100,734

51,660

149,586

99,571

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 10)

6,167

10,000

Trade creditors

1,930

1,768

Tax

94,232

49,021

Directors' current accounts

51,239

25,476

Accrued expenses

6,614

4,817

160,182

91,082

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 10)

-

6,167

10.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank loans

6,167

10,000

Amounts falling due between one and two years:

Bank loans - 1-2 years

-

6,167

11.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr D Hall and Mr P Dixon.