Curtains and Linens Outlet Ltd

Registered number

09548508

Filleted Accounts

for the year ended 31 March 2025

Curtains and Linens Outlet Ltd
Registered number:		09548508
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		33,786			42,233
Investments	4		-			120,000
			33,786			162,233

Current assets
Stocks		253,552			215,194
Debtors	5	122,126			113,554
Cash at bank and in hand		126			1,260
		375,804			330,008

Creditors: amounts falling due within one year	6	(341,019)			(429,050)

Net current assets/(liabilities)			34,785			(99,042)

Total assets less current liabilities			68,571			63,191

Creditors: amounts falling due after more than one year	7		(23,250)			(35,143)

Provisions for liabilities			(681)			(681)


Net assets			44,640			27,367

Capital and reserves
Called up share capital			100			100
Profit and loss account			44,540			27,267

Shareholder's funds			44,640			27,367

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Zulfiqar Hussain
Director
Approved by the board on 23 December 2025

Curtains and Linens Outlet Ltd
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts . Turnover includes revenue earned from the 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Furniture, fixture & equipment	20% reducing balance
	Motor vehicles	20% reducing balance



	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			4		3


3	Tangible fixed assets
		Furniture, fixture & equipment		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2024	43,511		41,560		85,071
	At 31 March 2025	43,511		41,560		85,071

	Depreciation
	At 1 April 2024	23,093		19,745		42,838
	Charge for the year	4,084		4,363		8,447
	At 31 March 2025	27,177		24,108		51,285

	Net book value
	At 31 March 2025	16,334		17,452		33,786
	At 31 March 2024	20,418		21,815		42,233


4	Investments

Other
investments
£
	Cost
	At 1 April 2024					120,000
	Disposals					(120,000)

	At 31 March 2025					-


5	Debtors			2025		2024
£					£

	Trade debtors			112,126		113,554
	Other debtors			10,000		-
				122,126		113,554


6	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			9,000		9,000
	Trade creditors			244,270		355,552
	Taxation and social security costs			16,482		18,056
	Other creditors			71,267		46,442
				341,019		429,050


7	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			23,250		35,143


8	Other information

	Curtains and Linens Outlet Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	124a Dunstable Road
	Luton
	LU1 1EW