Direct Textile Imports Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04219666 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

FOR

DIRECT TEXTILE IMPORTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Certified Accountants' Report

6

DIRECTOR:

G A Marsh

SECRETARY:

MS L Pike

REGISTERED OFFICE:

The Well House Whitehouse Business Centr

Gaddesden Row

Hemel Hempstead

HP2 6HG

REGISTERED NUMBER:

04219666 (England and Wales)

ACCOUNTANTS:

MDH

Chartered Certified Accountants

21 Stafford Road

Croydon

Surrey

CR0 4NG

CURRENT ASSETS

Debtors

5

521,837

505,504

Cash at bank

15,401

5,158

537,238

510,662

CREDITORS

Amounts falling due within one year

6

161,569

126,076

NET CURRENT ASSETS

375,669

384,586

TOTAL ASSETS LESS CURRENT
LIABILITIES

375,669

384,586

CREDITORS

Amounts falling due after more than one
year

7

80,868

78,163

NET ASSETS

294,801

306,423

CAPITAL AND RESERVES

Called up share capital

8

2

Retained earnings

9

294,799

306,421

SHAREHOLDERS' FUNDS

294,801

306,423

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 director acknowledges his 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.

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

The financial statements were approved by the director and authorised for issue on 28 April 2026 and were signed by:

G A Marsh - Director

1.	STATUTORY INFORMATION

Direct Textile Imports 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.

The accounts have been prepared on a going concern basis, on the understanding that the director will continue to financially support the company with any ongoing liabilities.

Turnover

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

Tangible fixed assets

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

Computer equipment

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement and Other Comprehensive Income, 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2024

and 31 July 2025

1,649

DEPRECIATION

At 1 August 2024

and 31 July 2025

1,649

NET BOOK VALUE

At 31 July 2025

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/7/25

31/7/24

£

Trade debtors

12,903

33,535

Amounts owed by group undertakings

485,448

469,793

Other debtors

23,486

2,176

521,837

505,504

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/7/25

31/7/24

£

Bank loans and overdrafts

32,857

37,703

Trade creditors

37,110

27,663

Taxation and social security

62,754

53,971

Other creditors

28,848

6,739

161,569

126,076

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31/7/25

31/7/24

£

Bank loans

56,673

51,056

Other creditors

24,195

27,107

80,868

78,163

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/7/25

31/7/24

value:

£

2

Ordinary

1

2

9.

RESERVES

Retained

earnings

£

At 1 August 2024

306,421

Deficit for the year

(11,622

)

At 31 July 2025

294,799

10.	RELATED PARTY DISCLOSURES

UK Curtains and Interiors Limited

A company in which Mr Gurdikyan is a shareholder

31/7/25

31/7/24

£

Amount due to related party at the balance sheet date

70,776

72,227

Arevdour Limited

A company in which Mr Gurdikyan is a shareholder

31/7/25

31/7/24

£

Amount due from related party at the balance sheet date

41,918

39,424

Marsh Pike and Walker Limited

A company in which Mr Gurdikyan is a shareholder

31/7/25

31/7/24

£

Amount due from related party at the balance sheet date

514,306

513,906

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Marsh Pike and Walker Limited.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Direct Textile Imports Limited for the year ended 31 July 2025 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the director of Direct Textile Imports Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Direct Textile Imports Limited and state those matters that we have agreed to state to the director of Direct Textile Imports Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Direct Textile Imports Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Direct Textile Imports Limited. You consider that Direct Textile Imports Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Direct Textile Imports Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

MDH

Chartered Certified Accountants

21 Stafford Road

Croydon

Surrey

CR0 4NG

28 April 2026