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Company Registration No. 07962389 (England and Wales)
Susan Osbourne Interiors Limited Unaudited accounts for the year ended 28 February 2026
Susan Osbourne Interiors Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Susan Osbourne Interiors Limited Company Information for the year ended 28 February 2026
Director
S Tusder
Company Number
07962389 (England and Wales)
Registered Office
2 Paul Gardens Croydon Surrey CR0 5QL England
Accountants
Milton & Co (UK) Ltd International Accountants 2 Paul Gardens Croydon Surrey CR0 5QL
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Susan Osbourne Interiors Limited Statement of financial position as at 28 February 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
2,150
2,867
Current assets
Inventories
38,000
38,000
Cash at bank and in hand
32,185
1,527
70,185
39,527
Creditors: amounts falling due within one year
5
(147,427)
(101,174)
Net current liabilities
(77,242)
(61,647)
Total assets less current liabilities
(75,092)
(58,780)
Creditors: amounts falling due after more than one year
6
(3,193)
(12,177)
Net liabilities
(78,285)
(70,957)
Capital and reserves
Called up share capital
7
1
1
Profit and loss account
(78,286)
(70,958)
Shareholders' funds
(78,285)
(70,957)
For the year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 June 2026 and were signed on its behalf by
S Tusder Director Company Registration No. 07962389
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Susan Osbourne Interiors Limited Notes to the Accounts for the year ended 28 February 2026
1
Statutory information
Susan Osbourne Interiors Limited is a private company, limited by shares, registered in England and Wales, registration number 07962389. The registered office is 2 Paul Gardens, Croydon, Surrey, CR0 5QL, England. The principal place of business is 83 GOLBORNE ROAD, LONDON, W10 5NL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance basis
Computer equipment
25% reducing balance basis
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Principal Activities
The principal activity of the Company is that of Specialised Design Activities including Second Hand Furniture.
Dividends
The Director does not recommend the payment of any Dividends.
Going concern
The accounts have been drawn up on the going concern basis following the Director’s assessment of the company’s ability to trade for at least 12 months from the date these accounts have been approved. In conclusion, whilst there is some uncertainty, the Director does not believe there is a material uncertainty which casts significant doubt on the company’s ability to continue to trade.
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Susan Osbourne Interiors Limited Notes to the Accounts for the year ended 28 February 2026
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 March 2025
21,000
620
21,620
At 28 February 2026
21,000
620
21,620
Depreciation
At 1 March 2025
18,196
557
18,753
Charge for the year
701
16
717
At 28 February 2026
18,897
573
19,470
Net book value
At 28 February 2026
2,103
47
2,150
At 28 February 2025
2,804
63
2,867
5
Creditors: amounts falling due within one year
2026
2025
£
£
VAT
8,341
11,481
Trade creditors
127,815
80,519
Taxes and social security
2,031
3,034
Accruals
9,240
6,140
147,427
101,174
6
Creditors: amounts falling due after more than one year
2026
2025
£
£
Bank loans
3,193
12,177
7
Share capital
2026
2025
£
£
Allotted, called up and fully paid:
1 Ordinary shares - Mrs S Tusder of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 0 (2025: 1).
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