Design House (UK) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03887361 (England and Wales)

Design House (UK) 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 S Ozkarakasli

Mr B Ozkarakasli

Mr E G Ozkarakasli

REGISTERED OFFICE:

73 Derby Road

London

E18 2PY

REGISTERED NUMBER:

03887361 (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 Income Statement 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 Design House (UK) Limited for the year ended 31 March 2025 which comprise the Abridged Income Statement, Other Comprehensive Income, Statement of Financial Position, Statement of Changes in Equity 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 Design House (UK) 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 Design House (UK) Limited and state those matters that we have agreed to state to the Board of Directors of Design House (UK) 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 Design House (UK) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Design House (UK) 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 Design House (UK) Limited. You consider that Design House (UK) 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 Design House (UK) 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

31 December 2025

FIXED ASSETS

Property, plant and equipment

4

665

887

CURRENT ASSETS

Debtors

5

3,041,241

3,235,293

Cash at bank

16,011

11,721

3,057,252

3,247,014

CREDITORS

Amounts falling due within one year

6

2,052,337

2,097,503

NET CURRENT ASSETS

1,004,915

1,149,511

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,005,580

1,150,398

CAPITAL AND RESERVES

Called up share capital

8

2

Retained earnings

9

1,005,578

1,150,396

SHAREHOLDERS' FUNDS

1,005,580

1,150,398

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 S Ozkarakasli - Director

1.	STATUTORY INFORMATION

Design House (UK) 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 recognised when the goods are delivered to the customer and such delivery is acknowledged. Turnover is generated from the ordinary activities of the business.

Tangible fixed assets

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

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

COST

At 1 April 2024

7,273

2,221

7,409

70,209

87,112

Disposals

-

(7,409

)

-

(7,409

)

At 31 March 2025

7,273

2,221

-

70,209

79,703

DEPRECIATION

At 1 April 2024

7,272

1,989

7,409

69,555

86,225

Charge for year

-

58

-

164

222

Eliminated on disposal

-

(7,409

)

-

(7,409

)

At 31 March 2025

7,272

2,047

-

69,719

79,038

NET BOOK VALUE

At 31 March 2025

1

174

-

490

665

At 31 March 2024

1

232

-

654

887

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

32,927

23,519

Capital Development Inv. Ltd

3,000,000

3,140,000

Harmony London Ltd

-

70,000

Tax

6,778

-

VAT

1,274

1,409

Deferred tax asset

90

91

Prepayments

172

274

3,041,241

3,235,293

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

2,163

31,207

Trade creditors

1,805,194

1,816,119

Tax

(10

)

6,778

Social security and other taxes

4,519

2,897

Directors' current accounts

237,346

Accrued expenses

3,125

3,156

2,052,337

2,097,503

7.	DEFERRED TAX

£

Balance at 1 April 2024

(91

)

Charge to Income Statement during year

1

Balance at 31 March 2025

(90

)

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

2

Ordinary

£1

2

9.

RESERVES

Retained

earnings

£

At 1 April 2024

1,150,396

Deficit for the year

(144,818

)

At 31 March 2025

1,005,578

10.	RELATED PARTY DISCLOSURES

Entities with control, joint control or significant influence over the entity

2025

2024

£

Sales

77,089

354,874

Trade debtors

15,072

2,677

Trade creditors

959,899

963,352

Transfers from related parties

210,000

150,000

Amount due from related parties

3,000,000

3,210,000

Key management personnel of the entity or its parent (in the aggregate)

2025

2024

£

Amount due to related parties

237,346