Silverfin false false 31/12/2025 01/01/2025 31/12/2025 J C R Green L D McAllister 22/01/2024 J D Mills 22/01/2024 S Wan 30 June 2026 no description of principal activity 04199556 2025-12-31 04199556 bus:Director2 2025-12-31 04199556 bus:Director3 2025-12-31 04199556 2024-12-31 04199556 core:CurrentFinancialInstruments 2025-12-31 04199556 core:CurrentFinancialInstruments 2024-12-31 04199556 core:ShareCapital 2025-12-31 04199556 core:ShareCapital 2024-12-31 04199556 core:RetainedEarningsAccumulatedLosses 2025-12-31 04199556 core:RetainedEarningsAccumulatedLosses 2024-12-31 04199556 core:LeaseholdImprovements 2024-12-31 04199556 core:PlantMachinery 2024-12-31 04199556 core:Vehicles 2024-12-31 04199556 core:FurnitureFittings 2024-12-31 04199556 core:OfficeEquipment 2024-12-31 04199556 core:LeaseholdImprovements 2025-12-31 04199556 core:PlantMachinery 2025-12-31 04199556 core:Vehicles 2025-12-31 04199556 core:FurnitureFittings 2025-12-31 04199556 core:OfficeEquipment 2025-12-31 04199556 2023-12-31 04199556 core:AcceleratedTaxDepreciationDeferredTax 2025-12-31 04199556 core:AcceleratedTaxDepreciationDeferredTax 2024-12-31 04199556 core:FurtherSpecificItem1DeferredTaxComponentTotalForDeferredTax 2025-12-31 04199556 core:FurtherSpecificItem1DeferredTaxComponentTotalForDeferredTax 2024-12-31 04199556 2025-01-01 2025-12-31 04199556 bus:FilletedAccounts 2025-01-01 2025-12-31 04199556 bus:SmallEntities 2025-01-01 2025-12-31 04199556 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 04199556 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 04199556 bus:Director1 2025-01-01 2025-12-31 04199556 bus:Director2 2025-01-01 2025-12-31 04199556 bus:Director3 2025-01-01 2025-12-31 04199556 bus:Director4 2025-01-01 2025-12-31 04199556 core:PlantMachinery core:TopRangeValue 2025-01-01 2025-12-31 04199556 core:Vehicles core:TopRangeValue 2025-01-01 2025-12-31 04199556 core:FurnitureFittings core:TopRangeValue 2025-01-01 2025-12-31 04199556 core:OfficeEquipment core:TopRangeValue 2025-01-01 2025-12-31 04199556 2024-01-01 2024-12-31 04199556 core:LeaseholdImprovements 2025-01-01 2025-12-31 04199556 core:PlantMachinery 2025-01-01 2025-12-31 04199556 core:Vehicles 2025-01-01 2025-12-31 04199556 core:FurnitureFittings 2025-01-01 2025-12-31 04199556 core:OfficeEquipment 2025-01-01 2025-12-31 04199556 1 2025-01-01 2025-12-31 iso4217:GBP xbrli:pure

Company No: 04199556 (England and Wales)

# SEASONS TEXTILES LIMITED

### Unaudited Financial Statements
For the financial year ended 31 December 2025
Pages for filing with the registrar

SEASONS TEXTILES LIMITED

## Unaudited Financial Statements

For the financial year ended 31 December 2025

Contents

SEASONS TEXTILES LIMITED

## COMPANY INFORMATION

For the financial year ended 31 December 2025
SEASONS TEXTILES LIMITED

## COMPANY INFORMATION (continued)

For the financial year ended 31 December 2025

Directors | J C R Green
| L D McAllister
| J D Mills
| S Wan

Registered office | Unit 2a
| Panattoni Park
| York Crescent
| Borehamwood
| Herts
| WD6 1DN
| United Kingdom

Company number | 04199556 (England and Wales)

Accountant | Kreston Reeves LLP
| Springfield House
| Springfield Road
| Horsham
| West Sussex
| RH12 2RG

SEASONS TEXTILES LIMITED

## BALANCE SHEET

As at 31 December 2025
SEASONS TEXTILES LIMITED

## BALANCE SHEET (continued)

As at 31 December 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 263,734 |  | 227,154
|  | 263,734 |  | 227,154
Current assets |  |  |  |
Debtors | 4 | 4,358,921 |  | 2,291,682
Cash at bank and in hand | 5 | 757,107 |  | 2,226,172
|  | 5,116,028 |  | 4,517,854
Creditors: amounts falling due within one year | 6 | ( 636,834) |  | ( 693,849)
Net current assets |  | 4,479,194 |  | 3,824,005
Total assets less current liabilities |  | 4,742,928 |  | 4,051,159
Provision for liabilities | 7 | ( 50,620) |  | ( 55,042)
Net assets |  | 4,692,308 |  | 3,996,117
Capital and reserves |  |  |  |
Called-up share capital |  | 280 |  | 280
Profit and loss account |  | 4,692,028 |  | 3,995,837
Total shareholder's funds |  | 4,692,308 |  | 3,996,117

For the financial year ending 31 December 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Seasons Textiles Limited (registered number: 04199556) were approved and authorised for issue by the Board of Directors on 30 June 2026. They were signed on its behalf by:

S Wan Director |

SEASONS TEXTILES LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2025
SEASONS TEXTILES LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Seasons Textiles Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The company's registered number is 04199556. The address of the Company's registered office is Unit 2a, Panattoni Park, York Crescent, Borehamwood, Herts, United Kingdom, WD6 1DN.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

##### Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

##### Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

##### Finance costs

Finance costs are charged to the Profit and Loss Account over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Leasehold improvements | depreciated over the life of the lease
Plant and machinery | 20 years straight line
Vehicles | 4 years straight line
Fixtures and fittings | 10 years straight line
Office equipment | 5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.
Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

##### Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

##### Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
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.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

##### Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) 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.
The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).
When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 19 |  | 19

#### 3. Tangible assets

| Leasehold improve- ments |  | Plant and machinery |  | Vehicles |  | Fixtures and fittings |  | Office equipment |  | Total
| £ |  | £ |  | £ |  | £ |  | £ |  | £
Cost |  |  |  |  |  |  |  |  |  |  |
At 01 January 2025 | 284,995 |  | 508,904 |  | 20,000 |  | 72,191 |  | 56,771 |  | 942,861
Additions | 0 |  | 1,063 |  | 0 |  | 64,745 |  | 139 |  | 65,947
Disposals | ( 284,995) |  | 0 |  | 0 |  | 0 |  | 0 |  | ( 284,995)
At 31 December 2025 | 0 |  | 509,967 |  | 20,000 |  | 136,936 |  | 56,910 |  | 723,813
Accumulated depreciation |  |  |  |  |  |  |  |  |  |  |
At 01 January 2025 | 284,995 |  | 331,737 |  | 20,000 |  | 38,730 |  | 40,245 |  | 715,707
Charge for the financial year | 0 |  | 16,022 |  | 0 |  | 8,012 |  | 5,333 |  | 29,367
Disposals | ( 284,995) |  | 0 |  | 0 |  | 0 |  | 0 |  | ( 284,995)
At 31 December 2025 | 0 |  | 347,759 |  | 20,000 |  | 46,742 |  | 45,578 |  | 460,079
Net book value |  |  |  |  |  |  |  |  |  |  |
At 31 December 2025 | 0 |  | 162,208 |  | 0 |  | 90,194 |  | 11,332 |  | 263,734
At 31 December 2024 | 0 |  | 177,167 |  | 0 |  | 33,461 |  | 16,526 |  | 227,154

#### 4. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 251,259 |  | 262,399
Amounts owed by Group undertakings | 4,050,000 |  | 2,000,000
Prepayments | 57,662 |  | 27,462
Other debtors | 0 |  | 1,821
| 4,358,921 |  | 2,291,682

#### 5. Cash and cash equivalents

| 2025 |  | 2024
| £ |  | £
Cash at bank and in hand | 757,107 |  | 2,226,172

#### 6. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Trade creditors | 252,862 |  | 184,837
Accruals | 151,153 |  | 205,883
Corporation tax | 171,357 |  | 219,341
Other taxation and social security | 57,604 |  | 79,067
Other creditors | 3,858 |  | 4,721
| 636,834 |  | 693,849

#### 7. Deferred tax

| 2025 |  | 2024
| £ |  | £
At the beginning of financial year | ( 55,042) |  | ( 66,556)
Credited to the Profit and Loss Account | 4,422 |  | 11,514
At the end of financial year | ( 50,620) |  | ( 55,042)

The deferred taxation balance is made up as follows:

| 2025 |  | 2024
| £ |  | £
Accelerated capital allowances | ( 50,981) |  | ( 55,042)
| 361 |  | 0
| ( 50,620) |  | ( 55,042)

#### 8. Financial commitments

Pensions

The Company operates a defined contribution pension scheme for the directors and employees. The assets of the scheme are held separately from those of the Company in an independently administered fund.

The pension cost charge represents contributions payable by the Company to the fund and amounted to £21,033 (2024 - £20,160). Contributions totalling £3,858 (2024 - £4,262) were payable to teh fund at the balance sheet date and are included in creditors.

#### 9. Ultimate controlling party

Parent Company:

Classic Prop Hire Company Limited

The group, headed by Classic Prop Hire Company Limited, qualify as small as set out in section 383 of the Companies Act 2006 and is therefore eligible for exemption to prepare consolidated accounts.