REGISTERED NUMBER: 03930187 (England and Wales)

The Decorators Mate Limited

Abridged Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

Company Information

1

Chartered Accountants' Report

2

Statement of Financial Position

3

Notes to the Financial Statements

5

DIRECTORS:

Mr A A Elliott-Shorey

Mr P M Hanrahan

SECRETARY:

Mr A A Elliott-Shorey

REGISTERED OFFICE:

76-80 Streatham Hill

London

SW2 4RD

REGISTERED NUMBER:

03930187 (England and Wales)

ACCOUNTANTS:

Alton & Co

Chartered Accountants

239-241 Kennington Lane

London

SE11 5QU

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Abridged Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The Decorators Mate Limited for the year ended 31 March 2025 which comprise the Abridged Income Statement, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of The Decorators Mate Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of The Decorators Mate Limited and state those matters that we have agreed to state to the Board of Directors of The Decorators Mate Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Decorators Mate Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that The Decorators Mate Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of The Decorators Mate Limited. You consider that The Decorators Mate Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of The Decorators Mate Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Alton & Co

Chartered Accountants

239-241 Kennington Lane

London

SE11 5QU

30 December 2025

FIXED ASSETS

Intangible assets

4

1,284

1,498

Property, plant and equipment

5

96,180

98,602

Investments

6

1

1

97,465

100,101

CURRENT ASSETS

Inventories

7

420,217

399,800

Debtors

8

174,724

172,626

Cash at bank and in hand

270,911

301,574

865,852

874,000

CREDITORS

Amounts falling due within one year

9

210,882

193,779

NET CURRENT ASSETS

654,970

680,221

TOTAL ASSETS LESS CURRENT LIABILITIES

752,435

780,322

PROVISIONS FOR LIABILITIES

11

18,053

17,179

NET ASSETS

734,382

763,143

CAPITAL AND RESERVES

Called up share capital

12

350

350

Retained earnings

13

734,032

762,793

SHAREHOLDERS' FUNDS

734,382

763,143

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 directors acknowledge their 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.

All the members have consented to the preparation of an abridged Income Statement for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 December 2025 and were signed on its behalf by:

Mr A A Elliott-Shorey - Director

1.	STATUTORY INFORMATION

The Decorators Mate 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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

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

Turnover is generated from the ordinary activities of the business and is recognised when the customer takes delivery of the goods.

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.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

straight line over the life of the lease

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment in subsidiaries is recorded at cost less any impairment at the year end.

Stocks

Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is determined on a first in first out basis. Net realisable value represents selling price less any cost to sell. Provision is made for slow moving items where the net realisable value is less than costs.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2024

and 31 March 2025

2,140

AMORTISATION

At 1 April 2024

642

Charge for year

214

At 31 March 2025

856

NET BOOK VALUE

At 31 March 2025

1,284

At 31 March 2024

1,498

5.	PROPERTY, PLANT AND EQUIPMENT

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

1,676

190,606

192,282

Additions

-

16,749

16,749

At 31 March 2025

1,676

207,355

209,031

DEPRECIATION

At 1 April 2024

583

93,097

93,680

Charge for year

291

18,880

19,171

At 31 March 2025

874

111,977

112,851

NET BOOK VALUE

At 31 March 2025

802

95,378

96,180

At 31 March 2024

1,093

97,509

98,602

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

1

NET BOOK VALUE

At 31 March 2025

1

At 31 March 2024

1

Fixed asset investments represent the cost of investing in the 100% holding in ESPG Limited-an unquoted company registered in England.

7.	INVENTORIES

2025

2024

£

£

Finished goods

420,217

399,800

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

11,389

13,951

Other debtors

163,335

158,675

174,724

172,626

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

156,595

92,280

Taxation and social security

36,871

49,317

Other creditors

17,416

52,182

210,882

193,779

10.	LEASING AGREEMENTS

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

2025

2024

£

£

Within one year

140,150

140,150

Between one and five years

358,365

358,365

In more than five years

215,625

355,775

714,140

854,290

11.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

18,053

17,179

Deferred

tax

£

Balance at 1 April 2024

17,179

Charge to Income Statement during year

874

Balance at 31 March 2025

18,053

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

350

Ordinary

£1

350

350

13.

RESERVES

Retained

earnings

£

At 1 April 2024

762,793

Deficit for the year

(28,761

)

At 31 March 2025

734,032

14.	RELATED PARTY DISCLOSURES

Transactions with member of key management personnel

1.During the year, company paid additional rent of £57,500 (2024: £54,875).

2.Company owe £840 (2024- £1,260) at balance sheet date.

Company under common control

1. Included in debtors payable within 1 year is an amount of £127,093 2024: £127,513) due from a subsidiary at balance sheet date. The loan is interest free and is repayable on demand.