REGISTERED NUMBER: 06191339 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

J & R Decorators Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J M Wainwright

SECRETARY:

P S C Morrissey

REGISTERED OFFICE:

Redland House

157 Redland Road

Redland

Bristol

BS6 6YE

REGISTERED NUMBER:

06191339 (England and Wales)

ACCOUNTANTS:

Wormald & Partners

Chartered Accountants (ICAEW)

Brunel House

11 The Promenade

Clifton Down

Bristol

BS8 3NG

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

356

456

356

456

CURRENT ASSETS

Stocks and work in progress

6

5,900

33,250

Debtors

7

103,514

140,728

Cash at bank

-

3,405

109,414

177,383

CREDITORS

Amounts falling due within one year

8

86,830

90,550

NET CURRENT ASSETS

22,584

86,833

TOTAL ASSETS LESS CURRENT LIABILITIES

22,940

87,289

CREDITORS

Amounts falling due after more than one year

9

(12,500

)

(22,500

)

PROVISIONS FOR LIABILITIES

10

(68

)

(121

)

NET ASSETS

10,372

64,668

CAPITAL AND RESERVES

Called up share capital

11

100

100

Retained earnings

12

10,272

64,568

SHAREHOLDERS' FUNDS

10,372

64,668

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 his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 December 2025 and were signed by:

J M Wainwright - Director

1.	STATUTORY INFORMATION

J & R 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.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of five 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.

Fixtures and fittings

-

15% on reducing balance basis

Motor vehicles

-

25% on reducing balance basis

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks and work in progress to their present location and condition.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

5,000

AMORTISATION

At 1 April 2024

and 31 March 2025

5,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

1,869

4,167

6,036

DEPRECIATION

At 1 April 2024

1,726

3,854

5,580

Charge for year

22

78

100

At 31 March 2025

1,748

3,932

5,680

NET BOOK VALUE

At 31 March 2025

121

235

356

At 31 March 2024

143

313

456

6.	STOCKS AND WORK IN PROGRESS

2025

2024

£

£

Work-in-progress

5,900

33,250

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

50,431

26,310

Directors' loan accounts

30,609

80,338

s455 tax paid

22,474

34,080

103,514

140,728

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

2,970

-

Tax

56,232

65,274

VAT

14,166

16,705

Accrued expenses

13,462

8,571

86,830

90,550

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank Loan

12,500

22,500

10.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Accelerated capital allowances

68

121

Deferred

tax

£

Balance at 1 April 2024

121

Movement in provision

(53

)

Balance at 31 March 2025

68

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

1

100

100

12.

RESERVES

Retained

earnings

£

At 1 April 2024

64,568

Profit for the year

25,704

Dividends

(80,000

)

At 31 March 2025

10,272