PRIORY FLOORING & BLINDS LTD

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 07500525

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		21,556		26,165

			21,556		26,165
CURRENT ASSETS
Stocks	5	11,260		12,770
Debtors	6	8,451		6,537
Cash at bank and in hand		6,547		11,339

		26,258		30,646
Creditors: Amounts Falling Due Within One Year	7	(22,593 )		(22,433 )

NET CURRENT ASSETS (LIABILITIES)			3,665		8,213

TOTAL ASSETS LESS CURRENT LIABILITIES			25,221		34,378

Creditors: Amounts Falling Due After More Than One Year			-		(7,717 )

NET ASSETS			25,221		26,661

CAPITAL AND RESERVES
Called up share capital	8		16		16
Profit and Loss Account			25,205		26,645

SHAREHOLDERS' FUNDS			25,221		26,661

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PRIORY FLOORING & BLINDS LTD

Balance Sheet (continued)

As At 31 January 2026

For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr MARK CALVERT Director	Mrs JULIE CALVERT Director
15th May 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

PRIORY FLOORING & BLINDS LTD is a private company, limited by shares, incorporated in England & Wales, registered number 07500525 . The registered office is 11 CHURCH STREET, GUISBOROUGH, CLEVELAND, TS14 6HG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	20%
Fixtures & Fittings	15%
Computer Equipment	15%

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 3)

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PRIORY FLOORING & BLINDS LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

4. Tangible Assets

	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 February 2025	45,666	13,187	1,107	59,960

As at 31 January 2026	45,666	13,187	1,107	59,960

Depreciation
As at 1 February 2025	31,958	1,368	469	33,795
Provided during the period	2,741	1,773	95	4,609

As at 31 January 2026	34,699	3,141	564	38,404

Net Book Value
As at 31 January 2026	10,967	10,046	543	21,556

As at 1 February 2025	13,708	11,819	638	26,165

5. Stocks

	2026	2025
	£	£
Stock	11,260	12,770

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	5,767	5,435
Prepayments and accrued income	2,684	849
Other taxes and social security	-	253

	8,451	6,537

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	9,784	6,744
Bank loans and overdrafts	1,179	-
Corporation tax	1,456	-
VAT	3,037	2,182
Other creditors	3,840	3,720
Accruals and deferred income	1,886	1,603
Directors' loan accounts	1,411	8,184

	22,593	22,433

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PRIORY FLOORING & BLINDS LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	16	16

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