REGISTERED NUMBER: 05631437 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Inchmere Design Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M S Goodall

SECRETARY:

AS Goodall

REGISTERED OFFICE:

C/o Aspen Waite Ltd

Rubis House

15 Friarn Street

Bridgwater

Somerset

TA6 3LH

REGISTERED NUMBER:

05631437 (England and Wales)

ACCOUNTANTS:

Aspen Waite South Ltd

Boston House

Grove Business Park

Wantage

Oxfordshire

OX12 9FF

FIXED ASSETS

Intangible assets

4

-

85,000

Tangible assets

5

2,086,253

1,799,102

Investments

6

69

69

2,086,322

1,884,171

CURRENT ASSETS

Stocks

5,000

5,000

Debtors

7

267,616

290,851

Cash at bank

70,900

31,273

343,516

327,124

CREDITORS

Amounts falling due within one year

8

474,845

162,044

NET CURRENT (LIABILITIES)/ASSETS

(131,329

)

165,080

TOTAL ASSETS LESS CURRENT LIABILITIES

1,954,993

2,049,251

CREDITORS

Amounts falling due after more than one year

9

(526,201

)

(648,674

)

PROVISIONS FOR LIABILITIES

(21,620

)

(13,551

)

NET ASSETS

1,407,172

1,387,026

CAPITAL AND RESERVES

Called up share capital

11

1

1

Retained earnings

1,407,171

1,387,025

SHAREHOLDERS' FUNDS

1,407,172

1,387,026

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 11 May 2026 and were signed by:

M S Goodall - Director

1.	STATUTORY INFORMATION

Inchmere Design 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 2006, is being amortised evenly over its estimated useful life of twenty 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

-

15% on reducing balance

Motor vehicles

-

15% on reducing balance

Computer equipment

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

1,700,000

AMORTISATION

At 1 January 2025

1,615,000

Charge for year

85,000

At 31 December 2025

1,700,000

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

85,000

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 January 2025

1,569,125

309,552

128,755

Additions

281,331

28,317

1,001

Disposals

-

-

-

At 31 December 2025

1,850,456

337,869

129,756

DEPRECIATION

At 1 January 2025

-

279,672

97,196

Charge for year

-

14,550

4,884

Eliminated on disposal

-

-

-

At 31 December 2025

-

294,222

102,080

NET BOOK VALUE

At 31 December 2025

1,850,456

43,647

27,676

At 31 December 2024

1,569,125

29,880

31,559

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2025

566,946

259,187

2,833,565

Additions

74,002

-

384,651

Disposals

(93,534

)

-

(93,534

)

At 31 December 2025

547,414

259,187

3,124,682

DEPRECIATION

At 1 January 2025

400,255

257,340

1,034,463

Charge for year

28,781

460

48,675

Eliminated on disposal

(44,709

)

-

(44,709

)

At 31 December 2025

384,327

257,800

1,038,429

NET BOOK VALUE

At 31 December 2025

163,087

1,387

2,086,253

At 31 December 2024

166,691

1,847

1,799,102

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertaking

£

COST

At 1 January 2025

and 31 December 2025

69

NET BOOK VALUE

At 31 December 2025

69

At 31 December 2024

69

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

26,400

26,400

Amounts owed by associates

179,962

-

Other debtors

61,254

264,451

267,616

290,851

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

81,266

70,517

Hire purchase contracts

14,240

9,988

Trade creditors

2,447

2,488

Taxation and social security

35,430

17,312

Other creditors

341,462

61,739

474,845

162,044

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans

474,334

622,611

Hire purchase contracts

51,867

26,063

526,201

648,674

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

86,452

277,502

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

£

Mortgage

555,600

693,129

Property at Swan Close Road, Banbury, Oxfordshire and Brackley, Oxfordshire and Chipping Warden, Oxfordshire.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

1

Ordinary

£1

1

1

12.	RELATED PARTY DISCLOSURES

The following loans were outstanding at the balance sheet date with related parties under common control of Mr M S Goodall:

Goodall Property Limited: As at 31 December 2026, £179,962 was outstanding from Goodall Property Ltd (2025: £179,962 included in other debtors)

The loans are interest-free, unsecured, and repayable on demand.