REGISTERED NUMBER: 12822893 (England and Wales)

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

BRADLEY TAYLOR DESIGN LTD

Page

Company Information

1

Report of the Directors

2

Accountants' Report

3

Income Statement

4

Statement of Financial Position

5

Statement of Changes in Equity

7

Notes to the Financial Statements

8

DIRECTORS:

Mr J J Pickering

Mr A B Taylor

REGISTERED OFFICE:

Studio B

New Crane Wharf

London

E1W 3TS

REGISTERED NUMBER:

12822893 (England and Wales)

ACCOUNTANTS:

Acuity Professional Partnership LLP

Unit 2.02 High Weald House

Glovers End

Bexhill

East Sussex

TN39 5ES

The directors present their report with the financial statements of the company for the year ended 31 March 2026.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of interior design.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 April 2025 to the date of this report.

Mr J J Pickering

Mr A B Taylor

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

Mr A B Taylor - Director

9 June 2026

In accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company for the year ended 31 March 2026 from the accounting records and information and explanations you have given to us.

This report is made to the Company's Board of Directors, as a body, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the Company's Board of Directors that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's Board of Directors, as a body, for our work or for this report.

We have carried out this engagement in accordance with technical guidance issued by the Institute of Chartered Accountants in England and Wales and abide by the ethical guidance laid down by the Institute relating to the compilation of financial statements.

You have acknowledged on the Balance Sheet as at 31 March 2026 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.

We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

Acuity Professional Partnership LLP

Unit 2.02 High Weald House

Glovers End

Bexhill

East Sussex

TN39 5ES

Date: .............................................

TURNOVER

1,428,212

948,771

Cost of sales

952,858

577,720

GROSS PROFIT

475,354

371,051

Administrative expenses

360,152

351,827

115,202

19,224

Other operating income

7,370

-

OPERATING PROFIT

122,572

19,224

Interest receivable and similar income

125

3,148

122,697

22,372

Interest payable and similar expenses

18,279

29,670

PROFIT/(LOSS) BEFORE TAXATION

104,418

(7,298

)

Tax on profit/(loss)

28,824

53

PROFIT/(LOSS) FOR THE FINANCIAL YEAR

75,594

(7,351

)

FIXED ASSETS

Tangible assets

4

13,010

16,375

CURRENT ASSETS

Debtors

5

234,562

267,803

Cash at bank and in hand

1,264

240

235,826

268,043

CREDITORS

Amounts falling due within one year

6

311,005

203,280

NET CURRENT (LIABILITIES)/ASSETS

(75,179

)

64,763

TOTAL ASSETS LESS CURRENT LIABILITIES

(62,169

)

81,138

CREDITORS

Amounts falling due after more than one year

7

(56,040

)

(83,275

)

PROVISIONS FOR LIABILITIES

8

(3,251

)

(4,093

)

NET LIABILITIES

(121,460

)

(6,230

)

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

(121,560

)

(6,330

)

SHAREHOLDERS' FUNDS

(121,460

)

(6,230

)

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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 9 June 2026 and were signed on its behalf by:

Mr A B Taylor - Director

Called up

share

Retained

Total

capital

earnings

equity

£

£

£

Balance at 1 April 2024

100

1,021

1,121

Changes in equity

Total comprehensive income

-

(7,351

)

(7,351

)

Balance at 31 March 2025

100

(6,330

)

(6,230

)

Changes in equity

Dividends

-

(190,824

)

(190,824

)

Total comprehensive income

-

75,594

75,594

Balance at 31 March 2026

100

(121,560

)

(121,460

)

1.	STATUTORY INFORMATION

Bradley Taylor Design Ltd 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.

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

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.

SIGNIFICANT JUDGEMENTS AND ESTIMATES

In preparing the financial statements, the directors are required to make estimates and judgments about the carrying amounts of assets and liabilities. The estimates and assumptions are reviewed on an ongoing basis and are based on historical experience and other factors that are considered by the directors to be relevant. Revision to accounting estimates are recognised in the period in which the estimate is revised.

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

-

20% on cost

Computer equipment

-

33% on cost

FINANCIAL INSTRUMENTS

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 (Section 1A) to all of its financial instruments.

Financial instruments are recognized in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognized amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

BASIC FINANCIAL ASSETS

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

CLASSIFICATION OF FINANCIAL LIABILITIES

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

BASIC FINANCIAL LIABILITIES

Basic financial liabilities, including creditors, bank loans and loans from fellow group companies that are classified as debt, are initially recognized at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payment discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors greater than one year are recognized initially at transaction price and subsequently measured at amortised cost using the effective interest method.

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 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 statement of financial position date.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

GOING CONCERN

During the year, the Company declared and paid an interim dividend of £190,825 (prior year: £Nil). At the date of declaration, retained earnings were sufficient to support the distribution, and the dividend was made in accordance with the Companies Act 2006.

Trading losses incurred subsequent to declaration of interim dividend, resulted in the interim dividend exceeding the net profit for the financial year ended 31 March 2026. However, the dividend was lawfully declared from adequate distributable reserves.

The directors have considered the impact of this position and remain satisfied that the Company is financially sound. Current cash flow forecasts and trading performance indicate a return to profitability, and the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 April 2025

25,795

8,061

33,856

Additions

891

3,303

4,194

At 31 March 2026

26,686

11,364

38,050

DEPRECIATION

At 1 April 2025

11,853

5,628

17,481

Charge for year

5,166

2,393

7,559

At 31 March 2026

17,019

8,021

25,040

NET BOOK VALUE

At 31 March 2026

9,667

3,343

13,010

At 31 March 2025

13,942

2,433

16,375

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

105,172

75,507

Other debtors

129,390

192,296

234,562

267,803

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

25,979

20,258

Trade creditors

85,572

31,680

Taxation and social security

103,090

99,288

Other creditors

96,364

52,054

311,005

203,280

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

56,040

83,275

8.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

3,251

4,093

Deferred

tax

£

Balance at 1 April 2025

4,093

Provided during year

(842

)

Balance at 31 March 2026

3,251

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary shares

£1

100

100

10.	RELATED PARTY DISCLOSURES

Dividends totalling £190,825 (2025 - £Nil) were paid in the year in respect of shares held by companies' directors.

At 1st April 2025, Mr A B Taylor account was overdrawn by £163,659. During the year, further advances totalling £101,199 were made and £178,844 was repaid. As at 31st March 2026, the account was overdrawn by £86,014.

At 1st April 2025, Mr J J Pickering account was overdrawn by £27,166. During the year, further advances totalling £54,274 were made and £52,769 was repaid. As at 31st March 2026, the account was overdrawn by £28,671.