CAMERON DESIGN HOUSE LIMITED


Directors	CHILVERS, Simeon Edward
	WILLIAMS, Richard Stuart Edward


Registered Address	23 23 Knowl Piece
	Wilbury Way
	Hitchen
	SG4 0TY


Registered Number	09590671 (England and Wales)

Notes to the Financial Statements
for the year ended 30 November 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Revenue from rendering of services
	Revenue 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

	Stocks and work in progress
	Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

Stocks and work in progress

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss.

Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

	Cash and cash equivalents
	Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less.

Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	13		17

3.	Prior period adjustment
	During 2026, management reviewed the policy for showroom stock. These items were previously held within stock at cost with no systematic write down. The directors have concluded that these items are consumed over an extended period through display use, and that amortising their cost on a straight line basis over their useful economic life of 10 years provides more reliable and relevant information about the company's financial position and performance, better reflecting the pattern in which the economic benefits of these items are consumed. In accordance with FRS 102, this change in accounting policy has been applied retrospectively. Comparative amounts have been restated as if the new policy had always applied. The effect of the restatement is as follows Decrease in showroom stock at Nov 2024 of £72,149 Decrease in opening reserves at May 2023 of £46,403 Charge for the 18 months ended Nov 2024 £25,746 Decrease in profit for the 18 months ended Nov 2024 £25,746 The directors are satisfied that the restated figures present a true and fair view of the company's financial position and performance for the periods presented, and that the correction does not affect the company's underlying trading activities, cash generation or future prospects.

Prior period adjustment

During 2026, management reviewed the policy for showroom stock.  These items were previously held within stock at cost with no systematic write down.  The directors have concluded that these items are consumed over an extended period through display use, and that amortising their cost on a straight line basis over their useful economic life of 10 years provides more reliable and relevant information about the company's financial position and performance, better reflecting the pattern in which the economic benefits of these items are consumed.
In accordance with FRS 102, this change in accounting policy has been applied retrospectively.  Comparative amounts have been restated as if the new policy had always applied.

The effect of the restatement is as follows
Decrease in showroom stock at Nov 2024 of £72,149
Decrease in opening reserves at May 2023 of £46,403
Charge for the 18 months ended Nov 2024 £25,746
Decrease in profit for the 18 months ended Nov 2024 £25,746

The directors are satisfied that the restated figures present a true and fair view of the company's financial position and performance for the periods presented, and that the correction does not affect the company's underlying trading activities, cash generation or future prospects.

4.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£	£
Cost or valuation
At 01 December 24	23,563	321,929	58,652	40,715	41,576	486,435
Additions	-	39	30,021	517	2,321	32,898
At 30 November 25	23,563	321,968	88,673	41,232	43,897	519,333
Depreciation and impairment
At 01 December 24	19,440	240,170	25,713	32,205	37,986	355,514
Charge for year	3,534	20,448	13,238	2,171	2,657	42,048
At 30 November 25	22,974	260,618	38,951	34,376	40,643	397,562
Net book value
At 30 November 25	589	61,350	49,722	6,856	3,254	121,771
At 30 November 24	4,123	81,759	32,939	8,510	3,590	130,921

5.	Stocks
	During 2026, management reviewed the policy for showroom stock. These items were previously held within stock at cost with no systematic write down. The directors have concluded that these items are consumed over an extended period through display use, and that amortising their cost on a straight line basis over their useful economic life of 10 years provides more reliable and relevant information about the company's financial position and performance, better reflecting the pattern in which the economic benefits of these items are consumed. In accordance with FRS 102, this change in accounting policy has been applied retrospectively. Comparative amounts have been restated as if the new policy had always applied. The effect of the restatement is as follows Decrease in showroom stock at Nov 2024 of £72,149 Decrease in opening reserves at May 2023 of £46,403 Charge for the 18 months ended Nov 2024 £25,746 Decrease in profit for the 18 months ended Nov 2024 £25,746 The directors are satisfied that the restated figures present a true and fair view of the company's financial position and performance for the periods presented, and that the correction does not affect the company's underlying trading activities, cash generation or future prospects.

Stocks

During 2026, management reviewed the policy for showroom stock.  These items were previously held within stock at cost with no systematic write down.  The directors have concluded that these items are consumed over an extended period through display use, and that amortising their cost on a straight line basis over their useful economic life of 10 years provides more reliable and relevant information about the company's financial position and performance, better reflecting the pattern in which the economic benefits of these items are consumed.
In accordance with FRS 102, this change in accounting policy has been applied retrospectively.  Comparative amounts have been restated as if the new policy had always applied.

The effect of the restatement is as follows
Decrease in showroom stock at Nov 2024 of £72,149
Decrease in opening reserves at May 2023 of £46,403
Charge for the 18 months ended Nov 2024 £25,746
Decrease in profit for the 18 months ended Nov 2024 £25,746

The directors are satisfied that the restated figures present a true and fair view of the company's financial position and performance for the periods presented, and that the correction does not affect the company's underlying trading activities, cash generation or future prospects.

	2025	2024
	£	£
Raw materials and consumables	98,735	150,599
Finished goods	150,405	175,134
Total	249,140	325,733

6.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	101,447	110,419
Amounts owed by group undertakings	-	158,058
Other debtors	-	42,036
Prepayments and accrued income	14,186	25,440
Total	115,633	335,953


	Included within Other debtors is a balance due from a director, Ian Cameron, of £nil (2024: £37,508).

7.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	30,880	96,441
Bank borrowings and overdrafts	42,085	98,810
Amounts owed to related parties	18,728	7,913
Taxation and social security	22,892	13,585
Finance lease and HP contracts	16,834	8,762
Other creditors	36,070	21,241
Accrued liabilities and deferred income	286,767	192,810
Total	454,256	439,562


	Included within Other creditors is a balance due to a director, Simeon Chilvers, of £34,743 (2024: £19,602).

8.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	26,768	53,333
Other creditors	5,977	13,348
Total	32,745	66,681

9.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	22,812		22,110


	As at November 2025 £19,412 (2024 : £13,348) was due later than one year but not later than 5 years.

10.	Share capital
	There are 102 £1 ordinary shares, allotted, called up and fully paid.

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	4		121,771		130,921
			121,771		130,921
Current assets
Stocks	5	249,140		325,733
Debtors	6	115,633		335,953
Cash at bank and on hand		30,643		154,341
		395,416		816,027
Creditors amounts falling due within one year	7	(454,256)		(439,562)
Net current assets (liabilities)			(58,840)		376,465
Total assets less current liabilities			62,931		507,386
Creditors amounts falling due after one year	8		(32,745)		(66,681)
Net assets			30,186		440,705
Capital and reserves
Called up share capital			102		102
Profit and loss account			30,084		440,603
Shareholders' funds			30,186		440,705