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Company Registration No. 05924795 (England and Wales)
JV Upholstery Limited Unaudited accounts for the year ended 31 October 2025
JV Upholstery Limited Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
9,925
22,240
Current assets
Inventories
500
500
Debtors
5
227
1,560
Cash at bank and in hand
377
35,946
1,104
38,006
Creditors: amounts falling due within one year
6
(32,069)
(33,442)
Net current (liabilities)/assets
(30,965)
4,564
Total assets less current liabilities
(21,040)
26,804
Creditors: amounts falling due after more than one year
7
(12,546)
(28,118)
Net liabilities
(33,586)
(1,314)
Capital and reserves
Called up share capital
100
100
Profit and loss account
(33,686)
(1,414)
Shareholders' funds
(33,586)
(1,314)
For the year ending 31 October 2025 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 20 January 2026 and were signed on its behalf by
JT Verman Director Company Registration No. 05924795
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JV Upholstery Limited Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
JV Upholstery Limited is a private company, limited by shares, registered in England and Wales, registration number 05924795. The registered office is Unit 2 Badgers Green, Waterloo Road, Corfe Mullen, Dorset, BH21 3SN, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% straight line
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 November 2024
100,188
At 31 October 2025
100,188
Depreciation
At 1 November 2024
77,948
Charge for the year
12,315
At 31 October 2025
90,263
Net book value
At 31 October 2025
9,925
At 31 October 2024
22,240
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
227
1,560
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JV Upholstery Limited Notes to the Accounts for the year ended 31 October 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
5,833
7,000
VAT
5,571
10,357
Obligations under finance leases and hire purchase contracts
9,739
13,368
Trade creditors
62
3,779
Taxes and social security
-
1,476
Loans from directors
10,864
(2,538)
32,069
33,442
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
-
5,833
Obligations under finance leases and hire purchase contracts
12,546
22,285
12,546
28,118
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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