Decorative Resins International Ltd

Registered number

03617357

Filleted Accounts

31 August 2025

Decorative Resins International Ltd
Registered number:		03617357
Balance Sheet
as at 31 August 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		261,506			262,327
			261,506			262,327

Current assets
Stocks		4,770			4,450
Debtors	4	97,070			112,427
Investments held as current assets		295,862			369,019
Cash at bank and in hand		206,892			216,072
		604,594			701,968

Creditors: amounts falling due within one year	5	(56,230)			(55,474)

Net current assets			548,364			646,494

Total assets less current liabilities			809,870			908,821

Net assets			809,870			908,821

Capital and reserves
Called up share capital			1,000			1,000
Revaluation reserve	6		(20,618)			65,694
Profit and loss account			829,488			842,127

Shareholder's funds			809,870			908,821

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Luke Revell
Director
Approved by the board on 22 April 2026

Decorative Resins International Ltd
Notes to the Accounts
for the year ended 31 August 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			33% Reducing Balance
	Motor Vehicles			over 5 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.


	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.


	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.

2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					3		4

3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 September 2024	258,895		55,697		12,000		326,592
	Additions	-		465		-		465
	At 31 August 2025	258,895		56,162		12,000		327,057

	Depreciation
	At 1 September 2024	-		52,265		12,000		64,265
	Charge for the year	-		1,286		-		1,286
	At 31 August 2025	-		53,551		12,000		65,551

	Net book value
	At 31 August 2025	258,895		2,611		-		261,506
	At 31 August 2024	258,895		3,432		-		262,327


	Freehold land and buildings:					2025		2024
£							£
	Historical cost					258,895		258,895
						258,895		258,895





4	Debtors					2025		2024
£							£

	Trade debtors					55,978		71,335
	Other debtors					41,092		41,092
						97,070		112,427


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					48,989		46,944
	Taxation and social security costs					7,241		8,498
	Other creditors					-		32
						56,230		55,474


6	Revaluation reserve					2025		2024
£							£

	At 1 September 2024					65,694		65,694
	Loss on revaluation shares and land and buildings					(86,312)		-
	At 31 August 2025					(20,618)		65,694


7	Other information

	Decorative Resins International Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Riverside Suite
	50A Clifford Way
	Maidstone
	Kent
	ME16 8GD