The Office Furniture Company Limited

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—4

Registered number: 02618058

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Stocks		46,623		47,660
Debtors		178,928		82,489
Cash at bank and in hand		41,498		56,464

		267,049		186,613
Creditors: Amounts Falling Due Within One Year		(212,225 )		(127,134 )

NET CURRENT ASSETS (LIABILITIES)			54,824		59,479

TOTAL ASSETS LESS CURRENT LIABILITIES			54,824		59,479

Creditors: Amounts Falling Due After More Than One Year			-		(9,914 )

NET ASSETS			54,824		49,565

CAPITAL AND RESERVES
Called up share capital	5		1,000		1,000
Profit and Loss Account			53,824		48,565

SHAREHOLDERS' FUNDS			54,824		49,565

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The Office Furniture Company Limited

Abridged Balance Sheet (continued)

As At 30 June 2025

For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 30 June 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr Andrew Deacon

Director

8 June 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

The Office Furniture Company Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02618058 . The registered office is 2 Mountside, Stanmore, Middlesex., HA7 2DT.

The presentation currency of the financial statements is the Pound Sterling (£)

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.

The presentation currency of the financial statements is the Pound Sterling(£).

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Turnover represents net invoiced value of services provided relating to the principal activity of the company being that of wholesaling, retailing and installation of office furniture.

Turnover has also been recognised in respect of on going services with the value of work completed but unbilled at the balance sheet date being taken to turnover and the associated costs, where not invoiced at that date, being accrued for.

2.3. 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.

2.4. 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.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable.

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 years 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.

Current tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.6. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

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The Office Furniture Company Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 30 June 2025

2.7. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 6 (2024: 5)

4. Secured Creditors

Of the creditors the following amounts are secured.

	2025		2024
	£		£
Other Creditors	91,444		6,309

5. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1,000	1,000

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