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Registered number: 09708716
Accent Office Interiors Ltd.
Unaudited Financial Statements
For The Year Ended 31 December 2025
C&H Stedman Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09708716
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 9,474 20,820
Tangible Assets 5 174,383 231,706
183,857 252,526
CURRENT ASSETS
Stocks 390 464
Debtors 6 98,229 825,696
Cash at bank and in hand 1,490,088 1,000,600
1,588,707 1,826,760
Creditors: Amounts Falling Due Within One Year 7 (941,586 ) (1,242,532 )
NET CURRENT ASSETS (LIABILITIES) 647,121 584,228
TOTAL ASSETS LESS CURRENT LIABILITIES 830,978 836,754
Creditors: Amounts Falling Due After More Than One Year 8 (20,000 ) (34,134 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (2,342 ) (13,417 )
NET ASSETS 808,636 789,203
CAPITAL AND RESERVES
Called up share capital 500 500
Capital redemption reserve 60,600 60,600
Profit and Loss Account 747,536 728,103
SHAREHOLDERS' FUNDS 808,636 789,203
Page 1
Page 2
For the 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.
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 G P Hibbert
Director
21 May 2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Accent Office Interiors Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 09708716 . The registered office is Jerome House, Hallam Fields Road, Ilkeston, Derbyshire, DE7 4AZ.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of ten years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. 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:
Leasehold 25% on cost
Plant & Machinery 20% on cost
Motor Vehicles 25% on reducing balance
2.5. 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.
2.6. 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.
2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
...CONTINUED
Page 3
Page 4
2.7. Taxation - continued
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2024: 8)
10 8
4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2025 113,460
As at 31 December 2025 113,460
Amortisation
As at 1 January 2025 92,640
Provided during the period 11,346
As at 31 December 2025 103,986
Net Book Value
As at 31 December 2025 9,474
As at 1 January 2025 20,820
5. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 January 2025 53,214 306,950 360,164
Additions 2,087 - 2,087
As at 31 December 2025 55,301 306,950 362,251
Depreciation
As at 1 January 2025 37,717 90,741 128,458
Provided during the period 5,356 54,054 59,410
As at 31 December 2025 43,073 144,795 187,868
Net Book Value
As at 31 December 2025 12,228 162,155 174,383
As at 1 January 2025 15,497 216,209 231,706
Page 4
Page 5
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 70,793 798,778
Other debtors 27,436 26,918
98,229 825,696
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 14,124 24,894
Trade creditors 37,537 22,088
Other creditors 800,097 979,704
Taxation and social security 89,828 215,846
941,586 1,242,532
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts - 14,134
Other creditors 20,000 20,000
20,000 34,134
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 14,124 24,894
Later than one year and not later than five years - 14,134
14,124 39,028
14,124 39,028
Page 5