FIONA WILSON INTERIORS LIMITED


Director	Fiona Alison Wilson


Registered Address	39 Cupar Road Kettlebridge
	Cupar
	KY15 7QD


Registered Number	SC605234 (Scotland)

Balance Sheet as at
31 August 2025

	Notes	31 Aug 2025		31 Oct 2024
		£	£	£	£
Fixed assets
Tangible assets	3		-		658
			-		658
Current assets
Stocks		-		6,125
Debtors	4	3,165		9,479
Cash at bank and on hand		995		1,335
		4,160		16,939
Creditors amounts falling due within one year	5	(3,165)		(10,446)
Net current assets (liabilities)			995		6,493
Total assets less current liabilities			995		7,151
Provisions for liabilities			-		(125)
Net assets			995		7,026
Capital and reserves
Called up share capital			5		5
Profit and loss account			990		7,021
Shareholders' funds			995		7,026

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 Director acknowledges 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 Director on 13 January 2026, and are signed on its behalf by:

Fiona Alison Wilson
Director
Registered Company No. SC605234

FIONA WILSON INTERIORS LIMITED

Notes to the Financial Statements
for the period ended 31 August 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. 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.

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

	Employee 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.

	Current taxation
	Taxation for the period 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.

Current taxation

Taxation for the period 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.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 period 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 period 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.

	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 (%)	Straight line (years)
Plant and machinery	25	-
Fixtures and fittings	-	4
Office Equipment	-	3

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

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Tangible fixed assets

	Plant & machinery	Fixtures & fittings	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 November 24	324	6,774	3,359	10,457
Disposals	(324)	(6,774)	(3,359)	(10,457)
Depreciation and impairment
At 01 November 24	71	6,774	2,954	9,799
Charge for year	53	-	161	214
On disposals	(124)	(6,774)	(3,115)	(10,013)
Net book value
At 31 August 25	-	-	-	-
At 31 October 24	253	-	405	658

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	-	3,240
Other debtors	3,165	6,239
Total	3,165	9,479

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	-	1,576
Taxation and social security	1,845	1,177
Other creditors	-	824
Accrued liabilities and deferred income	1,320	6,869
Total	3,165	10,446