REGISTERED NUMBER: 09697412 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2025

for

Profile Interiors Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr G Black

Mrs S A Black

REGISTERED OFFICE:

54-56 Ormskirk Street

ST HELENS

Merseyside

WA10 2TF

REGISTERED NUMBER:

09697412 (England and Wales)

ACCOUNTANTS:

GR Taylor & Co Accountants

54-56 Ormskirk Street

ST HELENS

Merseyside

WA10 2TF

FIXED ASSETS

Intangible assets

4

-

9,000

Tangible assets

5

272,621

286,227

272,621

295,227

CURRENT ASSETS

Stocks and WIP

-

70,000

Debtors

6,964

6,281

Cash at bank

12,513

5,129

19,477

81,410

CREDITORS

Amounts falling due within one year

122,156

127,219

NET CURRENT LIABILITIES

(102,679

)

(45,809

)

TOTAL ASSETS LESS CURRENT LIABILITIES

169,942

249,418

CREDITORS

Amounts falling due after more than one year

72,759

101,643

NET ASSETS

97,183

147,775

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

97,181

147,773

SHAREHOLDERS' FUNDS

97,183

147,775

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 July 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 April 2026 and were signed on its behalf by:

Mr G Black - Director

1.	STATUTORY INFORMATION

Profile Interiors Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Showroom and display

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks and wip to their present location and condition.

Taxation

Taxation for the year 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 year 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 August 2024

and 31 July 2025

90,000

AMORTISATION

At 1 August 2024

81,000

Amortisation for year

9,000

At 31 July 2025

90,000

NET BOOK VALUE

At 31 July 2025

-

At 31 July 2024

9,000

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 August 2024

414,450

Disposals

(52,946

)

At 31 July 2025

361,504

DEPRECIATION

At 1 August 2024

128,223

Charge for year

5,188

Eliminated on disposal

(44,528

)

At 31 July 2025

88,883

NET BOOK VALUE

At 31 July 2025

272,621

At 31 July 2024

286,227