Registration number: 12892166

Fine British Emporium Limited

(Registration number: 12892166)
Statement of Financial Position as at 31 January 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	9,374	55,695
Current assets
Stocks	5	166,615	188,951
Debtors	6	7,282	5,227
Cash at bank and in hand		15,834	19,451
		189,731	213,629
Creditors: Amounts falling due within one year	7	(14,516)	(25,918)
Net current assets		175,215	187,711
Total assets less current liabilities		184,589	243,406
Creditors: Amounts falling due after more than one year	7	(500,000)	(500,000)
Net liabilities		(315,411)	(256,594)
Capital and reserves
Called up share capital		100	100
Profit and loss account		(315,511)	(256,694)
Shareholders' deficit		(315,411)	(256,594)

For the financial 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.

Director's responsibilities:

Fine British Emporium Limited

(Registration number: 12892166)
Statement of Financial Position as at 31 January 2026

•	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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the director on 30 March 2026
 

......................................... Mr A S North Director

Fine British Emporium Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is: Merchant House, Market Square, Kirby Lonsdale, Cumbria, LA6 2AN, United Kingdom.

2	Accounting policies

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 smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

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

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 value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Fine British Emporium Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

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
Fixtures and Fittings	25% on the reducing balance or straight line over the inital lease period

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.

Trade debtors

Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents

Cash is represented by cash in hand and bank deposits.

Trade creditors

Short term creditors are measured at the transaction price.

Provisions

Provisions are recognised when the company has an obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

Employee benefits

Fine British Emporium Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

Short-term employee benefits are recognised as an expense in the period which they are incurred.

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 5 (2025 - 5).

Fine British Emporium Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

4	Tangible assets

	Fixtures and fittings £	Total £
Cost or valuation
At 1 February 2025	189,226	189,226
Additions	1,519	1,519
At 31 January 2026	190,745	190,745
Depreciation
At 1 February 2025	133,531	133,531
Charge for the year	47,840	47,840
At 31 January 2026	181,371	181,371
Carrying amount
At 31 January 2026	9,374	9,374
At 31 January 2025	55,695	55,695

5

Stocks

	2026 £	2025 £
Finished goods and goods for resale	166,615	188,951

Fine British Emporium Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

6

Debtors

	2026 £	2025 £
Trade debtors	3,319	1,495
Prepayments	3,963	3,732
	7,282	5,227

7

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Trade creditors		2,770	2,861
Amounts owed to group undertakings and undertakings in which the company has a participating interest		970	11,996
Taxation and social security		7,227	5,869
Accruals and deferred income		3,549	5,192
		14,516	25,918

Creditors: amounts falling due after more than one year

	2026 £	2025 £
Other financial liabilities	500,000	500,000