Love Shutters Interiors UK Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 08434899

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		368		491

			368		491
CURRENT ASSETS
Debtors	5	1,589		3,872
Cash at bank and in hand		1,342		866

		2,931		4,738
Creditors: Amounts Falling Due Within One Year	6	(221,574 )		(217,273 )

NET CURRENT ASSETS (LIABILITIES)			(218,643 )		(212,535 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(218,275 )		(212,044 )

NET LIABILITIES			(218,275 )		(212,044 )

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			(218,375 )		(212,144 )

SHAREHOLDERS' FUNDS			(218,275)		(212,044)

For the 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.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr H S Kang

Director

22 December 2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Love Shutters Interiors UK Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08434899 . The registered office is 34 St Pauls Square, Birmingham, West Midlands, B3 1QZ.

2. Accounting Policies

2.1. Basis of Preparation of 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 are presented in sterling which is the functional currency of the company and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

2.2. Going Concern Disclosure

At the balance sheet date, the company is insolvent and reliant upon the support of the director. The director has

indicated that he will not withdraw his support for the forseeable future.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

Sale of goods

Turnover from the sale of shutters is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on dispatch of the goods.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided at the following rates in order to write off each asset over its estimated useful life.

Plant & Machinery	25% on reducing balance
Motor Vehicles	25% on reducing balance
Computer Equipment	25% on reducing balance

2.5. Leasing and Hire Purchase Contracts

Rentals payable and receivable under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

2.6. Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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Love Shutters Interiors UK Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.7. Debtors and creditors receivable / payable within one year

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 in other administrative expenses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Plant & Machinery etc.
	£
Cost
As at 1 April 2024	11,959

As at 31 March 2025	11,959

Depreciation
As at 1 April 2024	11,468
Provided during the period	123

As at 31 March 2025	11,591

Net Book Value
As at 31 March 2025	368

As at 1 April 2024	491

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	1,380	3,330
Prepayments and accrued income	209	-
VAT	-	542

	1,589	3,872

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	-	3,046
VAT	150	-
Other creditors	-	1,225
Accruals and deferred income	1,727	1,649
Director's loan account	219,697	211,353

	221,574	217,273

7. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
100 Ordinary Shares of £ 1.00 each	100	100

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