Daniels Upholstery Limited - Filleted accounts

Registered number

07922290

Daniels Upholstery Limited

Filleted Accounts

31 January 2026

Daniels Upholstery Limited
Registered number:		07922290
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		760			1,287

Current assets
Stocks		690			690
Debtors	4	416			224
Cash at bank and in hand		16,694			15,334
		17,800			16,248

Creditors: amounts falling due within one year	5	(4,181)			(4,167)

Net current assets			13,619			12,081

Net assets			14,379			13,368

Capital and reserves
Called up share capital			1			1
Profit and loss account			14,378			13,367

Shareholders' funds			14,379			13,368

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




G Daniels
Director
Approved by the board on 11 May 2026

Daniels Upholstery Limited
Notes to the Accounts
for the year ended 31 January 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	25% Straight Line

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			2		2



3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 February 2025	4,051		21,810		25,861
	At 31 January 2026	4,051		21,810		25,861

	Depreciation
	At 1 February 2025	2,764		21,810		24,574
	Charge for the year	527		-		527
	At 31 January 2026	3,291		21,810		25,101

	Net book value
	At 31 January 2026	760		-		760
	At 31 January 2025	1,287		-		1,287


4	Debtors			2026		2025
£					£

	Trade debtors			192		-
	Other debtors			224		224
				416		224


5	Creditors: amounts falling due within one year			2026		2025
£					£

	Trade creditors			289		382
	Taxation and social security costs			2,207		1,837
	Other creditors			1,685		1,948
				4,181		4,167


6	Other information

	Daniels Upholstery Limited is a private company limited by shares and incorporated in England. Its registered office is:
	2 Albany Road
	Crawley
	RH11 7BZ