REGISTERED NUMBER: 07061181 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

EMPIRE INTERIORS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr J J Liebenberg

REGISTERED OFFICE:

Suite 21 Chessington Business Centre

Cox Lane

Chessington

KT9 1SD

REGISTERED NUMBER:

07061181 (England and Wales)

ACCOUNTANTS:

Fusion Accountancy Limited

Marlborough House

298 Regents Park Road

London

N3 2SZ

FIXED ASSETS

Tangible assets

4

117,789

121,824

CURRENT ASSETS

Debtors

5

631,945

526,188

Investments

6

7,632

7,632

Cash at bank

41,472

19,119

681,049

552,939

CREDITORS

Amounts falling due within one year

7

685,680

222,417

NET CURRENT (LIABILITIES)/ASSETS

(4,631

)

330,522

TOTAL ASSETS LESS CURRENT LIABILITIES

113,158

452,346

CREDITORS

Amounts falling due after more than one year

8

86,872

129,185

NET ASSETS

26,286

323,161

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

10

26,284

323,159

SHAREHOLDERS' FUNDS

26,286

323,161

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 director acknowledges his 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.

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

The financial statements were approved by the director and authorised for issue on 31 December 2025 and were signed by:

Mr J J Liebenberg - Director

1.	STATUTORY INFORMATION

Empire Interiors Ltd 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.

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

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

Tangible fixed assets

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

Motor Vehicles 25% on cost

Fixtures & Fittings 33% on cost

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 balance sheet date.

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 4 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 April 2024

11,962

195,213

207,175

Additions

-

34,255

34,255

At 31 March 2025

11,962

229,468

241,430

DEPRECIATION

At 1 April 2024

7,464

77,887

85,351

Charge for year

2,590

35,700

38,290

At 31 March 2025

10,054

113,587

123,641

NET BOOK VALUE

At 31 March 2025

1,908

115,881

117,789

At 31 March 2024

4,498

117,326

121,824

5.

DEBTORS

31.3.25

31.3.24

£

£

Amounts falling due within one year:

Trade debtors

256,707

151,482

Other debtors

(3,394

)

-

Tax

75,979

38,853

Social security and other tax

-

2,956

Director's current account

110,000

118,628

Tax

10,634

-

449,926

311,919

Amounts falling due after more than one year:

Loan

182,019

214,269

Aggregate amounts

631,945

526,188

6.	CURRENT ASSET INVESTMENTS

31.3.25

31.3.24

£

£

Unlisted investments

7,632

7,632

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

10,000

10,000

Hire purchase contracts

34,863

34,863

Trade creditors

141,594

41,245

Corporation tax

37,125

10,634

Social security and other taxes

(254

)

-

VAT

316,738

29,037

Other creditors

78,014

24,632

Deposits

350

-

Other loans

67,250

72,006

685,680

222,417

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

BBL Due 1 - 2 year

2,921

10,000

BBL Due 2 - 5 year

-

2,500

Hire purchase contracts

28,543

40,813

Funding Circle Loan

55,408

75,872

86,872

129,185

The bank loan is part of the BBL Scheme that was launched on 27 April 2020. The scheme is 100% government backed. The interest rate is 2.5% per year and the term of the loan is 5 years, and early repayment is possible without additional charges.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

2

Ordinary

1

2

2

10.

RESERVES

Retained

earnings

£

At 1 April 2024

323,159

Deficit for the year

(296,875

)

At 31 March 2025

26,284

11.	RELATED PARTY DISCLOSURES

At the end of the year, the company was owed £110,001 (2024: £118,628) by the director. The loan is interest bearing at commercial rates and is repayable on demand.

At the balance sheet date, included within other debtors due after one year, is an amount of £182,019 (2024: £214,269) owed to JJL Interiors Limited, a company under the control of the director. This loan is interest free, and repayable anytime after one year.

12.	ULTIMATE CONTROLLING PARTY

The director controls the company, by virtue of his shareholding.