Untold Interiors Limited


Directors	Wing Sum Liu
	Annabel Passey


Registered Address	Hillside House, Bull Hill
	Chadlington
	Chipping Norton
	OX7 3ND


Registered Number	10777935 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		28,338		38,083
			28,338		38,083
Current assets
Debtors	4	32,541		23,408
Cash at bank and on hand		81,113		74,232
		113,654		97,640
Creditors amounts falling due within one year	5	(46,328)		(38,598)
Net current assets (liabilities)			67,326		59,042
Total assets less current liabilities			95,664		97,125
Creditors amounts falling due after one year	6		(26,527)		(28,672)
Provisions for liabilities	8		(7,085)		(9,521)
Net assets			62,052		58,932
Capital and reserves
Called up share capital			100		100
Profit and loss account			61,952		58,832
Shareholders' funds			62,052		58,932

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 30 December 2025, and are signed on its behalf by:

Annabel Passey
Director
Registered Company No. 10777935

Untold Interiors Limited

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 compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	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).

	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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Deferred tax
	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.

Deferred tax

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.

	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:


		Reducing balance (%)
	Vehicles	25
	Office Equipment	33

	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	0		0

3.	Tangible fixed assets

	Vehicles	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 April 24	50,180	6,604	56,784
At 31 March 25	50,180	6,604	56,784
Depreciation and impairment
At 01 April 24	14,897	3,804	18,701
Charge for year	8,821	924	9,745
At 31 March 25	23,718	4,728	28,446
Net book value
At 31 March 25	26,462	1,876	28,338
At 31 March 24	35,283	2,800	38,083

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	31,787	22,653
Prepayments and accrued income	754	755
Total	32,541	23,408

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	18,385	10,123
Amounts owed to related parties	15,050	10,554
Taxation and social security	6,389	11,522
Finance lease and HP contracts	2,904	2,904
Accrued liabilities and deferred income	3,600	3,495
Total	46,328	38,598


	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.

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Other creditors	26,527	28,672
Total	26,527	28,672

7.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	29,431		31,576

8.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	7,085	9,521
Total	7,085	9,521

9.	Related party transactions
	Amounts owed to related parties in Creditors due within one year include loans advanced to the Company by the directors of £15,050 (2024: £10,554). These loans have been advanced on an unsecured, interest free basis and are repayable on demand.