SARAH FEATHER DESIGN LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs S E Feather

REGISTERED OFFICE:

Arch 76

Queens Circus

326-342 Queenstown Road

London

SW8 4NE

REGISTERED NUMBER:

03366744 (England and Wales)

ACCOUNTANTS:

Wilkinson and Partners

Suite 1.07

International Dev. Centre

Valley Road

Ilkley

West Yorkshire

LS29 8AL

FIXED ASSETS

Tangible assets

4

65,637

88,635

CURRENT ASSETS

Stocks

1,550

-

Debtors

5

787,186

364,727

Cash at bank

726,670

1,135,756

1,515,406

1,500,483

CREDITORS

Amounts falling due within one year

6

285,372

415,675

NET CURRENT ASSETS

1,230,034

1,084,808

TOTAL ASSETS LESS CURRENT LIABILITIES

1,295,671

1,173,443

PROVISIONS FOR LIABILITIES

8

16,409

22,159

NET ASSETS

1,279,262

1,151,284

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

1,279,162

1,151,184

SHAREHOLDERS' FUNDS

1,279,262

1,151,284

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 director acknowledges her 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 director and authorised for issue on 23 December 2025 and were signed by:

Mrs S E Feather - Director

1.	STATUTORY INFORMATION

Sarah Feather Design 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

20% on cost

Motor vehicles

-

25% on reducing balance

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 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 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Motor

property

vehicles

Equipment

Totals

£

£

£

£

COST

At 1 April 2024

14,318

91,611

69,769

175,698

Additions

-

-

4,464

4,464

At 31 March 2025

14,318

91,611

74,233

180,162

DEPRECIATION

At 1 April 2024

7,996

17,177

61,890

87,063

Charge for year

1,431

18,608

7,423

27,462

At 31 March 2025

9,427

35,785

69,313

114,525

NET BOOK VALUE

At 31 March 2025

4,891

55,826

4,920

65,637

At 31 March 2024

6,322

74,434

7,879

88,635

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

397,521

80,826

Other debtors

389,665

283,901

787,186

364,727

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

37,074

171,122

Taxation and social security

186,803

182,448

Other creditors

61,495

62,105

285,372

415,675

7.	LEASING AGREEMENTS

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

31.3.25

31.3.24

£

£

Within one year

93,277

55,272

Between one and five years

74,345

129,962

167,622

185,234

8.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

16,409

22,159

Deferred

tax

£

Balance at 1 April 2024

22,159

Accelerated capital allowances

(5,750

)

Balance at 31 March 2025

16,409

The entire provision for deferred taxation is in respect of accelerated capital allowances.

9.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary shares

£1

100

100

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

Mrs S E Feather

Balance outstanding at start of year

238,233

214,372

Amounts advanced

352,903

273,861

Amounts repaid

(250,000

)

(250,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

341,136

238,233

The director's loan is interest free and repayable on demand.

Of the loan outstanding at 31 March 2025, £260,000 was repaid by 18 December 2025.

11.	RELATED PARTY DISCLOSURES

Mrs S E Feather is a director and the sole shareholder.

Bank facilities are secured by personal guarantees given by Mrs S E Feather and her family, in addition to a debenture over all of the company's assets.