Registration number: 15632589

R Hartley Interiors Ltd

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 5

R Hartley Interiors Ltd

(Registration number: 15632589)
Balance Sheet as at 31 March 2026

	Note	2026 £		2025 £
Fixed assets
Tangible assets	3		27,352		-
Current assets
Debtors	4	32,878		40,385
Cash at bank and in hand		8,840		2,470
		41,718		42,855
Creditors: Amounts falling due within one year	5	(27,195)		(17,121)
Net current assets			14,523		25,734
Total assets less current liabilities			41,875		25,734
Creditors: Amounts falling due after more than one year	5		(19,675)		-
Net assets			22,200		25,734
Capital and reserves
Called up share capital	6	1		1
Profit and loss account		22,199		25,733
Total equity			22,200		25,734

For the financial year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 24 April 2026
 

......................................... Mr R Hartley Director

R Hartley Interiors Ltd

Notes to the Unaudited Financial Statements For The Year Ended 31 March 2026

1	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax.

The company recognises revenue when, the amount of revenue can be reliably measured it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

R Hartley Interiors Ltd

Notes to the Unaudited Financial Statements For The Year Ended 31 March 2026

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Motor Vehicles	25% Reducing Balance

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

2	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2025 - 1).

R Hartley Interiors Ltd

Notes to the Unaudited Financial Statements For The Year Ended 31 March 2026

3	Tangible assets

	Motor vehicles  £	Total £
Cost or valuation
Additions	36,470	36,470
At 31 March 2026	36,470	36,470
Depreciation
Charge for the year	9,118	9,118
At 31 March 2026	9,118	9,118
Carrying amount
At 31 March 2026	27,352	27,352

4

Debtors

Current	2026 £	2025 £
Trade debtors	3,912	6,330
Other debtors	28,966	34,055
	32,878	40,385

Included in other debtors is an amount of £7,318 (2025 £15,269) owed by the director, this amount is repaid after the year end.

5

Creditors

	2026 £	2025 £
Due within one year
Loans and borrowings	5,294	-
Taxation and social security	19,411	15,421
Other creditors	2,490	1,700
	27,195	17,121
Due after one year
Loans and borrowings	19,675	-

R Hartley Interiors Ltd

Notes to the Unaudited Financial Statements For The Year Ended 31 March 2026

6	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary of £1 each	1	1	1	1

7	Loans and borrowings

Current loans and borrowings

	2026 £	2025 £
Hire purchase contracts	5,294	-

Non-current loans and borrowings

	2026 £	2025 £
Hire purchase contracts	19,675	-