INTERIOR CEILINGS AND PARTITIONS LTD


Directors	SAEED, Martin
	SAEED, Michael


Company Secretary	SAEED, Kelly Marie


Registered Address	Probe House Clapgate Lane
	Sterling Park
	Birmingham
	B32 3BU


Registered Number	10090602 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		2,688		25,154
			2,688		25,154
Current assets
Debtors		115,002		55,602
Cash at bank and on hand		11,318		117,026
		126,320		172,628
Creditors amounts falling due within one year	4	(114,652)		(149,330)
Net current assets (liabilities)			11,668		23,298
Total assets less current liabilities			14,356		48,452
Creditors amounts falling due after one year	5		(13,094)		(12,025)
Net assets			1,262		36,427
Capital and reserves
Called up share capital			2		2
Profit and loss account			1,260		36,425
Shareholders' funds			1,262		36,427

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 12 December 2025, and are signed on its behalf by:

SAEED, Michael
Director
Registered Company No. 10090602

INTERIOR CEILINGS AND PARTITIONS LTD

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows: 33% on the reducing balance

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 April 24	1,338	64,244	3,239	68,821
Disposals	-	(60,494)	-	(60,494)
At 31 March 25	1,338	3,750	3,239	8,327
Depreciation and impairment
At 01 April 24	673	41,559	1,435	43,667
Charge for year	219	291	595	1,105
On disposals	-	(39,133)	-	(39,133)
At 31 March 25	892	2,717	2,030	5,639
Net book value
At 31 March 25	446	1,033	1,209	2,688
At 31 March 24	665	22,685	1,804	25,154

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	71,274	75,176
Bank borrowings and overdrafts	27,344	22,972
Taxation and social security	16,034	50,183
Accrued liabilities and deferred income	-	999
Total	114,652	149,330

5.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	13,094	12,025
Total	13,094	12,025