Company No: 03814739 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTOR

Leslie Paul Daniels

REGISTERED OFFICE	2 Leman Street
	London
	E1W 9US
	United Kingdom

COMPANY NUMBER

03814739 (England and Wales)

ACCOUNTANT	Gravita Essex Limited
	Kings House
	101-135 Kings Road
	Brentwood
	Essex
	CM14 4DR
	United Kingdom

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	37,208		30,765
		37,208		30,765
Current assets
Stocks		39,825		42,450
Debtors	4	116,928		151,246
Cash at bank and in hand		161,510		123,074
		318,263		316,770
Creditors: amounts falling due within one year	5	( 67,762)		( 63,649)
Net current assets		250,501		253,121
Total assets less current liabilities		287,709		283,886
Provision for liabilities		( 9,302)		( 7,691)
Net assets		278,407		276,195
Capital and reserves
Called-up share capital		2		2
Profit and loss account		278,405		276,193
Total shareholder's funds		278,407		276,195

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

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges 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 Profit and Loss Account has not been delivered.

The financial statements of Doors (R) Us Limited (registered number: 03814739) were approved and authorised for issue by the Director on 25 March 2026. They were signed on its behalf by:

Leslie Paul Daniels Director

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

Doors (R) Us 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 2 Leman Street, London, E1W 9US, 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 stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

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 Balance Sheet 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	10 years straight line
Other property, plant and equipment	25 % reducing balance

Leases

The Company as lessee
Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

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.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	5		6

3. Tangible assets

	Land and buildings		Other property, plant and equipment		Total
	£		£		£
Cost
At 01 August 2024	13,539		57,635		71,174
Additions	0		15,345		15,345
At 31 July 2025	13,539		72,980		86,519
Accumulated depreciation
At 01 August 2024	13,539		26,870		40,409
Charge for the financial year	0		8,902		8,902
At 31 July 2025	13,539		35,772		49,311
Net book value
At 31 July 2025	0		37,208		37,208
At 31 July 2024	0		30,765		30,765

Land and Buildings refers to the short leaseholds held by the company.

4. Debtors

	2025		2024
	£		£
Trade debtors	20,147		16,893
Amounts owed by related parties	65,777		112,877
Corporation tax	1,961		1,961
Other debtors	29,043		19,515
	116,928		151,246

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	44,314		51,692
Corporation tax	15,675		1,626
Other taxation and social security	1,106		5,339
Other creditors	6,667		4,992
	67,762		63,649

6. Related party transactions

Transactions with the entity's director

	2025		2024
	£		£
Amount advanced	14,301		56,924
Amount repaid	(10,410)		(54,050)
	0		0

Interest was charged on all loans at the official HMRC rates.

Other related party transactions

During the year the company wrote off loans amounting to £52,000 (2024 : £52,000) owed by Hyleford Investments Limited.