Rochdale Furniture Direct Ltd Company accounts

COMPANY REGISTRATION NUMBER: 14663720

Rochdale Furniture Direct Ltd

Unaudited Financial Statements

28 February 2026

Rochdale Furniture Direct Ltd

Financial Statements

Year Ended 28 February 2026

Contents	Page

Officers and Professional Advisers	1

Directors' Report	2

Statement of Income and Retained Earnings	3

Statement of Financial Position	4

Notes to the Financial Statements	6

Rochdale Furniture Direct Ltd

Officers and Professional Advisers

The Board of Directors	Mr J Davenport
	Mrs G Davenport

Registered Office	Unit 2a-2b Caldershaw Centre
	Ings Lane
	Rochdale
	OL12 7LQ

Accountants	Clare Smith Accountancy Ltd
	Accountants
	Office 14
	Arrow Mill
	Queensway
	Rochdale
	OL11 2YW

Rochdale Furniture Direct Ltd

Directors' Report

Year Ended 28 February 2026

The directors present their report and the unaudited financial statements of the company for the year ended 28 February 2026 .

Directors

The directors who served the company during the year were as follows:

Mr J Davenport
Mrs G Davenport

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 14 May 2026 and signed on behalf of the board by:

Mr J Davenport	Mrs G Davenport
Director	Director


Company Secretary

Registered office:

Unit 2a-2b Caldershaw Centre

Ings Lane

Rochdale

OL12 7LQ

Rochdale Furniture Direct Ltd

Statement of Income and Retained Earnings

Year Ended 28 February 2026

	2026	2025
Note	£	£
Turnover	349,417	374,287

Cost of sales	245,843	188,443
	---------	---------
Gross Profit	103,574	185,844

Administrative expenses	109,063	167,624
	---------	---------
Operating (Loss)/Profit	( 5,489)	18,220

Other interest receivable and similar income		26	40
Interest payable and similar expenses		1,286	1,164
		---------	---------
(Loss)/Profit Before Taxation	5	( 6,749)	17,096

Tax on (loss)/profit	–	( 4,562)
	-------	--------
(Loss)/Profit for the Financial Year and Total Comprehensive Income	( 6,749)	21,658
	-------	--------

Dividends paid and payable	( 1,000)	( 26,000)

Retained Earnings at the Start of the Year	19,036	23,378
	--------	--------
Retained Earnings at the End of the Year	11,287	19,036
	--------	--------

All the activities of the company are from continuing operations.

Rochdale Furniture Direct Ltd

Statement of Financial Position

28 February 2026

	2026		2025
Note	£	£	£

Fixed Assets

Tangible assets	6		26,636	31,336

Current Assets

Stocks		37,140	14,210
Debtors	7	4,562	4,668
Cash at bank and in hand		12,624	5,161
		--------	--------
		54,326	24,039

Creditors: amounts falling due within one year	8	67,279		24,369
		--------		--------
Net Current Liabilities			12,953	330
			--------	--------
Total Assets Less Current Liabilities			13,683	31,006

Creditors: amounts falling due after more than one year	9	2,394	11,968
		--------	--------
Net Assets		11,289	19,038
		--------	--------

Capital and Reserves

Called up share capital	2	2
Profit and loss account	11,287	19,036
	--------	--------
Shareholders Funds	11,289	19,038
	--------	--------

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

For the year ending 28 February 2026 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 financial statements for the year in question in accordance with section 476 ;

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

Rochdale Furniture Direct Ltd

Statement of Financial Position (continued)

28 February 2026

These financial statements were approved by the board of directors and authorised for issue on 14 May 2026 , and are signed on behalf of the board by:

Mr J Davenport	Mrs G Davenport
Director	Director

Company registration number: 14663720

Rochdale Furniture Direct Ltd

Notes to the Financial Statements

Year Ended 28 February 2026

1. General Information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 2a-2b Caldershaw Centre, Ings Lane, Rochdale, OL12 7LQ.

2. Statement of Compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting Policies

Basis of Preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue Recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income Tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that 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 that are expected to apply to the reversal of the timing difference.

Tangible Assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Motor Vehicles	-	15% reducing balance

Impairment of Fixed Assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Finance Leases and Hire Purchase Contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Financial Instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined Contribution Plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee Numbers

The average number of persons employed by the company during the year amounted to 5 (2025: 5 ).

5. Profit Before Taxation

Profit before taxation is stated after charging:

	2026	2025
	£	£
Depreciation of tangible assets	4,700	5,529
	-------	-------

6. Tangible Assets

	Motor vehicles	Total
	£	£
Cost
At 1 March 2025 and 28 February 2026	36,865	36,865
	--------	--------
Depreciation
At 1 March 2025	5,529	5,529
Charge for the year	4,700	4,700
	--------	--------
At 28 February 2026	10,229	10,229
	--------	--------
Carrying amount
At 28 February 2026	26,636	26,636
	--------	--------
At 28 February 2025	31,336	31,336
	--------	--------

7. Debtors

	2026	2025
	£	£
Other debtors	4,562	4,668
	-------	-------

8. Creditors: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	1,016	2,556
Trade creditors	418	927
Social security and other taxes	10,361	10,812
Other creditors	55,484	10,074
	--------	--------
	67,279	24,369
	--------	--------

9. Creditors: amounts falling due after more than one year

	2026	2025
	£	£
Other creditors	2,394	11,968
	-------	--------

10. Directors' Advances, Credits and Guarantees

11. Related Party Transactions

During the year a dividend of £1,000 was paid to the director. (2025 £26,000)