Registration number: 04955380

The Fireplace Centre (Doncaster) Limited

(Registration number: 04955380)

Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	3	6,339	9,080
Current assets
Stocks		103,470	112,731
Debtors	4	35,343	60,693
Cash at bank and in hand		6,758	5,837
		145,571	179,261
Creditors: Amounts falling due within one year	5	(149,150)	(149,043)
Net current (liabilities)/assets		(3,579)	30,218
Total assets less current liabilities		2,760	39,298
Creditors: Amounts falling due after more than one year	5	-	(5,833)
Provisions for liabilities		(1,663)	(2,270)
Net assets		1,097	31,195
Capital and reserves
Called up share capital		2	2
Retained earnings		1,095	31,193
Shareholders' funds		1,097	31,195

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

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Directors' Report and the Profit and Loss Account has been taken.

The Fireplace Centre (Doncaster) Limited

(Registration number: 04955380)

Balance Sheet as at 31 December 2025 (continued)

These financial statements, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A Small Entities.

These financial statements were approved and authorised for issue by the Board on 8 May 2026 and signed on its behalf by:
 

.........................................

Timothy Nigel Jackson

Director

.........................................

Jane Angela Farrelly

Director

The Fireplace Centre (Doncaster) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1	Accounting policies

The Fireplace Centre (Doncaster) Limited is a private company, limited by shares, domiciled in England and Wales, company number 04955380. The registered office is at 61-63 Netherhall Road, Doncaster, DN1 2QA.

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The presentation currency is United Kingdom pounds sterling, which is the functional currency of the company. The financial statements are those of an individual entity.

These financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

The Fireplace Centre (Doncaster) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025 (continued)

1	Accounting policies (continued)

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Tools	20% straight line
Motor Vehicles	25% straight line
Office equipment	20% straight line
Leasehold property improvements	5% straight line
Fixtures and fittings	20% straight line

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the statement of comprehensive income.

The Fireplace Centre (Doncaster) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025 (continued)

2	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 6 (2024 - 6).

3	Tangible assets

	Leasehold property improvements £	Fixtures and fittings  £	Motor vehicles  £	Tools £	Office equipment  £	Total £
Cost
At 1 January 2025	21,682	5,372	48,804	6,173	5,270	87,301
Additions	-	-	-	-	174	174
Disposals	-	-	-	(125)	(3,679)	(3,804)
At 31 December 2025	21,682	5,372	48,804	6,048	1,765	83,671
Depreciation
At 1 January 2025	16,650	4,891	48,804	4,358	3,518	78,221
Charge for the year	1,084	144	-	623	300	2,151
Eliminated on disposal	-	-	-	(73)	(2,967)	(3,040)
At 31 December 2025	17,734	5,035	48,804	4,908	851	77,332
Carrying amount
At 31 December 2025	3,948	337	-	1,140	914	6,339
At 31 December 2024	5,032	481	-	1,815	1,752	9,080

4

Debtors

	2025 £	2024 £
Trade debtors	979	-
Amounts owed by related parties	33,046	58,228
Prepayments	1,318	1,358
Other debtors	-	1,107
	35,343	60,693

The Fireplace Centre (Doncaster) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025 (continued)

5

Creditors

	2025  £	2024  £
Due within one year
Bank loan	5,833	10,000
Trade creditors	2,743	9,320
Directors loan accounts	131,338	120,394
Social security and other taxes	1,825	3,600
Accrued expenses	5,526	5,729
Corporation tax	1,885	-
	149,150	149,043
Due after one year
Bank loan	-	5,833

6	Financial commitments, guarantees and contingencies

Operating leases

As at the balance sheet date, the company had total commitments under non-cancellable operating leases over the remaining term of those leases of £18,000 (2024 - £18,000).