REGISTERED NUMBER: 04840742 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

The Refurb Department Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R Dawson

J Triggs

REGISTERED OFFICE:

20 Howard Business Park

Howard Close

Waltham Abbey

Essex

EN9 1XE

REGISTERED NUMBER:

04840742 (England and Wales)

ACCOUNTANTS:

Abbey Tax and Accountancy Limited

17 Caldbeck

Waltham Abbey

Essex

EN9 1UR

FIXED ASSETS

Tangible assets

4

61,893

61,609

CURRENT ASSETS

Stocks

20,637

15,076

Debtors

5

538,625

157,501

Cash at bank

242,185

518,746

801,447

691,323

CREDITORS

Amounts falling due within one year

6

190,468

178,691

NET CURRENT ASSETS

610,979

512,632

TOTAL ASSETS LESS CURRENT LIABILITIES

672,872

574,241

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

672,870

574,239

SHAREHOLDERS' FUNDS

672,872

574,241

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 8 June 2026 and were signed on its behalf by:

R Dawson - Director

J Triggs - Director

1.	STATUTORY INFORMATION

The Refurb Department 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.

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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

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 7 (2025 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 April 2025

70,937

117,661

188,598

Additions

21,000

-

21,000

Disposals

(8,750

)

-

(8,750

)

At 31 March 2026

83,187

117,661

200,848

DEPRECIATION

At 1 April 2025

56,797

70,192

126,989

Charge for year

8,766

11,868

20,634

Eliminated on disposal

(8,668

)

-

(8,668

)

At 31 March 2026

56,895

82,060

138,955

NET BOOK VALUE

At 31 March 2026

26,292

35,601

61,893

At 31 March 2025

14,140

47,469

61,609

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

187,258

69,112

Other debtors

351,367

88,389

538,625

157,501

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade creditors

10,802

14,665

Taxation and social security

157,124

142,779

Other creditors

22,542

21,247

190,468

178,691