Silverfin false false 31/12/2025 01/01/2025 31/12/2025 Greig Simon Duffill 01/01/2026 Joanne Kay Duffill 01/01/2026 Johanna Bernice Duffill 01/01/2026 09/05/2014 Terence Duffill 01/01/2026 09/02/2000 Joanne Kay Duffill 12 March 2026 The principal activity of the company continued to be that of the manufacturing and selling of curtains and blinds. 03922498 2025-12-31 03922498 bus:Director1 2025-12-31 03922498 bus:Director2 2025-12-31 03922498 bus:Director3 2025-12-31 03922498 bus:Director4 2025-12-31 03922498 2024-12-31 03922498 core:CurrentFinancialInstruments 2025-12-31 03922498 core:CurrentFinancialInstruments 2024-12-31 03922498 core:ShareCapital 2025-12-31 03922498 core:ShareCapital 2024-12-31 03922498 core:RetainedEarningsAccumulatedLosses 2025-12-31 03922498 core:RetainedEarningsAccumulatedLosses 2024-12-31 03922498 core:LandBuildings 2024-12-31 03922498 core:PlantMachinery 2024-12-31 03922498 core:Vehicles 2024-12-31 03922498 core:LandBuildings 2025-12-31 03922498 core:PlantMachinery 2025-12-31 03922498 core:Vehicles 2025-12-31 03922498 2023-12-31 03922498 2025-01-01 2025-12-31 03922498 bus:FilletedAccounts 2025-01-01 2025-12-31 03922498 bus:SmallEntities 2025-01-01 2025-12-31 03922498 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 03922498 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 03922498 bus:Director1 2025-01-01 2025-12-31 03922498 bus:Director2 2025-01-01 2025-12-31 03922498 bus:Director3 2025-01-01 2025-12-31 03922498 bus:Director4 2025-01-01 2025-12-31 03922498 bus:CompanySecretary1 2025-01-01 2025-12-31 03922498 core:LandBuildings core:TopRangeValue 2025-01-01 2025-12-31 03922498 core:PlantMachinery 2025-01-01 2025-12-31 03922498 core:Vehicles 2025-01-01 2025-12-31 03922498 2024-01-01 2024-12-31 03922498 core:LandBuildings 2025-01-01 2025-12-31 iso4217:GBP xbrli:pure

Company No: 03922498 (England and Wales)

# SUNLINE CURTAINS AND BLINDS LIMITED

### Unaudited Financial Statements
For the financial year ended 31 December 2025
Pages for filing with the registrar

SUNLINE CURTAINS AND BLINDS LIMITED

## Unaudited Financial Statements

For the financial year ended 31 December 2025

Contents

SUNLINE CURTAINS AND BLINDS LIMITED

## STATEMENT OF FINANCIAL POSITION

As at 31 December 2025
SUNLINE CURTAINS AND BLINDS LIMITED

## STATEMENT OF FINANCIAL POSITION (continued)

As at 31 December 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 46,723 |  | 59,582
|  | 46,723 |  | 59,582
Current assets |  |  |  |
Stocks |  | 11,111 |  | 11,042
Debtors | 4 | 24,762 |  | 13,091
Cash at bank and in hand | 5 | 103,001 |  | 104,555
|  | 138,874 |  | 128,688
Creditors: amounts falling due within one year | 6 | ( 119,568) |  | ( 110,989)
Net current assets |  | 19,306 |  | 17,699
Total assets less current liabilities |  | 66,029 |  | 77,281
Net assets |  | 66,029 |  | 77,281
Capital and reserves |  |  |  |
Called-up share capital |  | 100 |  | 100
Profit and loss account |  | 65,929 |  | 77,181
Total shareholders' funds |  | 66,029 |  | 77,281

For the financial year ending 31 December 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Sunline Curtains and Blinds Limited (registered number: 03922498) were approved and authorised for issue by the Board of Directors. They were signed on its behalf by:

Joanne Kay Duffill Director |  | Greig Simon Duffill Director

12 March 2026

SUNLINE CURTAINS AND BLINDS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2025
SUNLINE CURTAINS AND BLINDS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Sunline Curtains and Blinds Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 31 Church Street, Sheringham, Norfolk, NR26 8QS, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

##### Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings | 5 years straight line
Plant and machinery | 20 - 25 % reducing balance
Vehicles | 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.
At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

##### Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

##### Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

##### Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 9 |  | 9

#### 3. Tangible assets

| Land and buildings |  | Plant and machinery |  | Vehicles |  | Total
| £ |  | £ |  | £ |  | £
Cost |  |  |  |  |  |  |
At 01 January 2025 | 13,117 |  | 88,690 |  | 118,150 |  | 219,957
Additions | 0 |  | 2,114 |  | 0 |  | 2,114
Disposals | 0 |  | ( 2,283) |  | 0 |  | ( 2,283)
At 31 December 2025 | 13,117 |  | 88,521 |  | 118,150 |  | 219,788
Accumulated depreciation |  |  |  |  |  |  |
At 01 January 2025 | 13,117 |  | 79,916 |  | 67,342 |  | 160,375
Charge for the financial year | 0 |  | 2,186 |  | 12,702 |  | 14,888
Disposals | 0 |  | ( 2,198) |  | 0 |  | ( 2,198)
At 31 December 2025 | 13,117 |  | 79,904 |  | 80,044 |  | 173,065
Net book value |  |  |  |  |  |  |
At 31 December 2025 | 0 |  | 8,617 |  | 38,106 |  | 46,723
At 31 December 2024 | 0 |  | 8,774 |  | 50,808 |  | 59,582

#### 4. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 501 |  | 3,003
Deferred tax asset | 3,810 |  | 1,550
Other debtors | 20,451 |  | 8,538
| 24,762 |  | 13,091

#### 5. Cash and cash equivalents

| 2025 |  | 2024
| £ |  | £
Cash at bank and in hand | 103,001 |  | 104,555

#### 6. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Trade creditors | 36,283 |  | 35,456
Accruals and deferred income | 39,043 |  | 29,291
Taxation and social security | 43,233 |  | 44,898
Other creditors | 1,009 |  | 1,344
| 119,568 |  | 110,989

#### 7. Deferred tax

| 2025 |  | 2024
| £ |  | £
At the beginning of financial year | 1,550 |  | 3,373
Credited/(charged) to the Statement of Income and Retained Earnings | 2,260 |  | ( 1,823)
At the end of financial year | 3,810 |  | 1,550

#### 8. Financial commitments

Pensions

The Company operates a defined contribution pension scheme for the directors and employees. The assets of the scheme are held separately from those of the Company in an independently administered fund.

Pension contributions payable are recognised in the income statement when due. The total amounts paid in the year were £10,766 (2024 - £3,642), and there were no outstanding commitments at the year end.

#### 9. Related party transactions

Transactions with the entity's directors

At the year end the directors owed the company £2,273 (2024 - £1,607), this is included within other debtors in the accounts.