xbrl

9116807falsethat of plastering, dry lining and interior works, all of which is carried out within the United KingdoM2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-03-31http://www.companieshouse.gov.uk/cd:Director12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-03-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2025-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2025-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-04-012025-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FRS1022024-04-012025-03-31http://www.companieshouse.gov.uk/2025-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-04-012025-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-04-012025-03-31iso4217:GBPxbrli:sharesxbrli:pure


Registered number: 9116807






SRP INTERIORS LTD


ACCOUNTS

FOR THE YEAR ENDED 31/03/2025
























Prepared By:
JAN G GROMADZKI
CHARTERED ACCOUNTANT
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1PT


ACCOUNTS
FOR THE YEAR ENDED 31/03/2025





DIRECTORS
Simon Robinson Platts


REGISTERED OFFICE
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1PT


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 9116807



BANKERS
LLOYDS BANK PLC



ACCOUNTANTS
JAN G GROMADZKI
CHARTERED ACCOUNTANT
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1PT


ACCOUNTS
FOR THEYEARENDED31/03/2025



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31/03/2025

			2025		2024
	Notes		£		£

FIXED ASSETS
Tangible assets	2		7,615		8,753

CURRENT ASSETS
Stock		6,400		8,250
Debtors	4	27,664		23,577
Cash at bank and in hand		5,322		5,322
		39,386		37,149
CREDITORS: Amounts falling due within one year	5	44,005		41,717
NET CURRENT LIABILITIES			(4,619)		(4,568)
TOTAL ASSETS LESS CURRENT LIABILITIES			2,996		4,185


CREDITORS: Amounts falling due after more than one year	6		1,537		2,756


PROVISIONS FOR LIABILITIES AND CHARGES	8		1,144		1,294

NET ASSETS			315		135

CAPITAL AND RESERVES

Called up share capital	9		10		10
Profit and loss account			305		125
SHAREHOLDERS' FUNDS			315		135

For the year ending 31/03/2025 the company was entitled to exemption 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 24/12/2025 and signed on their behalf by



.............................
Simon Robinson Platts
Director




1c. Depreciation
Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives.
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is an indication that any items have suffered impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any.

Commercial Vehicles		straight line10%
Equipment		straight line10%




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Going Concern
These financial statements have been prepared on the going concern basis. The company is in a net current liability position of £ 4,619 as at 31 March 2025. However the director has given assurances to the company that he will not draw on his loan account and would make adequate funds available to the company. On this basis the company is considered to be a going concern and the director is of the opinion that the company will be able to pay its debts as they fall due for at least twelve months from the date that the balance sheet was signed.




1d. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




1e. Basis Of Accounting FRS 1021 a
The accounts have been prepared under the historical cost convention and are stated in United Kingdom Pounds Sterling.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.




2. TANGIBLE FIXED ASSETS

	Commercial
	Vehicles	Equipment	Total
	£	£	£
Cost
At 01/04/2024	6,507	5,286	11,793
Disposals	-	(400)	(400)
At 31/03/2025	6,507	4,886	11,393
Depreciation
At 01/04/2024	1,300	1,740	3,040
Disposals	-	(400)	(400)
For the year	650	488	1,138
At 31/03/2025	1,950	1,828	3,778
Net Book Amounts
At 31/03/2025	4,557	3,058	7,615
At 31/03/2024	5,207	3,546	8,753




3. STOCK	2025	2024
	£	£
Stock comprises:

Stock	6,400	8,250
	6,400	8,250




4. DEBTORS	2025	2024
	£	£
Amounts falling due within one year
Trade debtors	1,252	229
CIS tax recoverable	15,609	12,632
Prepayments	1,729	1,575
Directors current account	9,074	9,141
	27,664	23,577




5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2025	2024
	£	£
UK corporation tax	22,716	12,345
VAT	1,981	6,531
PAYE control	1,399	2,023
Bank loans and overdrafts	8,831	12,660
Trade creditors	554	394
Other creditors	609	609
Accruals	7,915	7,155
	44,005	41,717




6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2025	2024
	£	£
Lloyds bank plc - Bounce back loan >1yr	1,537	2,756
	1,537	2,756




7. EMPLOYEES

	2025	2024
	No.	No.
Average number of employees	1	1
Key management personnel is restricted to that of the director.




9. SHARE CAPITAL	2025	2024
	£	£
Allotted, issued and fully paid:
10 Ordinary shares of £1 each	10	10
	10	10




10. CONTROLLING PARTY
The company is wholly owned by the director Mr S R Platts




13. GENERAL INFORMATION
SRP Interiors Ltd is a private company limited by shares and incorporated in England. Its registered office is 13 Wolverhampton Road, Codsall, Wolverhampton, West Midlands, WV8 1PT.
The financial statements are presented in United Kingdom Pounds Sterling, which is the functional currency of the company.




8. PROVISIONS FOR LIABILITIES	2025	2024
	£	£
Deferred taxation	1,144	1,294
	1,144	1,294




12. NATURE OF OPERATIONS AND PRINCIPAL ACTIVITY
The company is principally involved in plastering, dry lining and building interior works. All of its activities are carried out within the United Kingdom.