REGISTERED NUMBER: 09700024 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2025

for

Trent Furniture Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R J Price

REGISTERED OFFICE:

Regent Street Industrial Estate

Regent Street

Narborough

Leicester

LE19 2DS

REGISTERED NUMBER:

09700024 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

Park House

37 Clarence Street

Leicester

Leicestershire

LE1 3RW

FIXED ASSETS

Intangible assets

4

188,937

246,937

Tangible assets

5

883,457

301,608

1,072,394

548,545

CURRENT ASSETS

Stocks

1,444,921

1,461,165

Debtors

6

308,870

707,677

Cash at bank and in hand

1,346,724

1,255,212

3,100,515

3,424,054

CREDITORS

Amounts falling due within one year

7

(2,052,217

)

(1,916,346

)

NET CURRENT ASSETS

1,048,298

1,507,708

TOTAL ASSETS LESS CURRENT LIABILITIES

2,120,692

2,056,253

PROVISIONS FOR LIABILITIES

(30,080

)

(61,148

)

NET ASSETS

2,090,612

1,995,105

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

2,090,611

1,995,104

2,090,612

1,995,105

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 April 2026 and were signed by:

R J Price - Director

1.	STATUTORY INFORMATION

Trent Furniture 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.

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 2019, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Tangible assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes the original purchase price and costs directly attributable to bringing the asset to its working condition for its intended use.

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

Freehold property

- 2% on cost

Plant and machinery

- 15% on reducing balance

Fixtures and fittings

- 15% on reducing balance

Motor vehicles

- 25% on reducing balance

Computer equipment

- 33% on cost

Stocks

Stocks are valued at the lower of cost and estimated selling price less costs to complete and sell, 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 Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Freehold property

The Freehold property held is held at cost less any provision for impairments.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2024 - 23 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 October 2024

and 30 September 2025

580,000

AMORTISATION

At 1 October 2024

333,063

Amortisation for year

58,000

At 30 September 2025

391,063

NET BOOK VALUE

At 30 September 2025

188,937

At 30 September 2024

246,937

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 October 2024

4,500

137,087

155,442

Additions

602,565

-

289,885

Disposals

-

-

-

At 30 September 2025

607,065

137,087

445,327

DEPRECIATION

At 1 October 2024

-

50,104

84,969

Charge for year

-

13,048

13,492

Eliminated on disposal

-

-

-

Impairments

332,449

-

-

At 30 September 2025

332,449

63,152

98,461

NET BOOK VALUE

At 30 September 2025

274,616

73,935

346,866

At 30 September 2024

4,500

86,983

70,473

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 October 2024

303,804

18,660

619,493

Additions

119,284

1,678

1,013,412

Disposals

(28,369

)

-

(28,369

)

At 30 September 2025

394,719

20,338

1,604,536

DEPRECIATION

At 1 October 2024

171,248

11,564

317,885

Charge for year

61,460

5,113

93,113

Eliminated on disposal

(22,368

)

-

(22,368

)

Impairments

-

-

332,449

At 30 September 2025

210,340

16,677

721,079

NET BOOK VALUE

At 30 September 2025

184,379

3,661

883,457

At 30 September 2024

132,556

7,096

301,608

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade debtors

80,241

31,359

Other debtors

228,629

676,318

308,870

707,677

Other debtors includes prepayments and accrued income of £164,549 (2024 - £143,681)

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade creditors

377,984

244,556

Amounts owed to group undertakings

1,041,814

1,343,654

Taxation and social security

316,601

211,771

Other creditors

315,818

116,365

2,052,217

1,916,346

Other creditors includes accruals and deferred income of £5,858 (2024 - £4,380)

8.	OTHER FINANCIAL COMMITMENTS

The total amount of financial commitments, guarantees and contingencies that are not included in the balance sheet is £913,009 (2024: £1,073,921).