REGISTERED NUMBER: 10362839 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2026

for

Freeway Interior Solutions Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D W Ward

SECRETARY:

REGISTERED OFFICE:

32 Derby Street

Ormskirk

Lancashire

L39 2BY

REGISTERED NUMBER:

10362839 (England and Wales)

ACCOUNTANTS:

Myersons

Chartered Accountants

32 Derby Street

Ormskirk

Lancashire

L39 2BY

FIXED ASSETS

Intangible assets

4

73,483

99,586

Tangible assets

5

3,680

1,260

77,163

100,846

CURRENT ASSETS

Stocks

331,871

140,857

Debtors

6

65,375

143,719

Cash at bank

113,841

65,962

511,087

350,538

CREDITORS

Amounts falling due within one year

7

402,870

329,993

NET CURRENT ASSETS

108,217

20,545

TOTAL ASSETS LESS CURRENT LIABILITIES

185,380

121,391

CREDITORS

Amounts falling due after more than one year

8

-

(3,333

)

PROVISIONS FOR LIABILITIES

(920

)

(315

)

NET ASSETS

184,460

117,743

CAPITAL AND RESERVES

Called up share capital

100

100

Share premium

30

30

Retained earnings

184,330

117,613

SHAREHOLDERS' FUNDS

184,460

117,743

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 June 2026 and were signed by:

D W Ward - Director

1.	STATUTORY INFORMATION

Freeway Interior Solutions 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 2022, is being amortised evenly over its estimated useful life of seven years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, 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 Income Statement, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 March 2025

and 28 February 2026

174,018

AMORTISATION

At 1 March 2025

74,432

Charge for year

26,103

At 28 February 2026

100,535

NET BOOK VALUE

At 28 February 2026

73,483

At 28 February 2025

99,586

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 March 2025

14,067

Additions

3,173

At 28 February 2026

17,240

DEPRECIATION

At 1 March 2025

12,807

Charge for year

753

At 28 February 2026

13,560

NET BOOK VALUE

At 28 February 2026

3,680

At 28 February 2025

1,260

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Trade debtors

50,701

93,941

Other debtors

14,674

49,778

65,375

143,719

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Bank loans and overdrafts

3,334

10,000

Trade creditors

166,354

93,197

Taxation and social security

44,803

22,496

Other creditors

188,379

204,300

402,870

329,993

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.26

28.2.25

£

£

Bank loans

-

3,333

9.	OTHER FINANCIAL COMMITMENTS

At the reporting date, the company had outstanding commitments totalling £7,183.

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2026 and 28 February 2025:

28.2.26

28.2.25

£

£

D W Ward

Balance outstanding at start of year

6,706

(6

)

Amounts advanced

13,763

6,712

Amounts repaid

(16,812

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

3,657

6,706