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Registered number: 05523276
Rotherham Fireplace Centre Limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
Footprints Accountancy
CIMA
24 Gander Lane
Barlborough
Chesterfield
S43 4PZ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 05523276
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 63,744 109,412
63,744 109,412
CURRENT ASSETS
Stocks 6 98,422 90,645
Debtors 7 119,704 132,985
Cash at bank and in hand 228,037 126,284
446,163 349,914
Creditors: Amounts Falling Due Within One Year 8 (274,453 ) (255,133 )
NET CURRENT ASSETS (LIABILITIES) 171,710 94,781
TOTAL ASSETS LESS CURRENT LIABILITIES 235,454 204,193
Creditors: Amounts Falling Due After More Than One Year 9 (24,844 ) (40,427 )
NET ASSETS 210,610 163,766
CAPITAL AND RESERVES
Called up share capital 11 3 3
Profit and Loss Account 210,607 163,763
SHAREHOLDERS' FUNDS 210,610 163,766
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For the year ending 31 March 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Stephen Gay
Director
27 April 2026
The notes on pages 3 to 6 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Rotherham Fireplace Centre Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05523276 . The registered office is Unit 2-3 Sycamore Centre Sycamore Road, Eastwood Trading Estate, Rotherham, S65 1EN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets amortised over its estimated economic life of 5 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% reducing balance
Motor Vehicles 20% straight line
Fixtures & Fittings 25% reducing balance
Computer Equipment 20% straight line
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 11 (2025: 17)
11 17
4. Intangible Assets
Other
£
Cost
As at 1 April 2025 3,450
As at 31 March 2026 3,450
Amortisation
As at 1 April 2025 3,450
As at 31 March 2026 3,450
Net Book Value
As at 31 March 2026 -
As at 1 April 2025 -
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5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2025 29,777 210,793 10,264 1,862 252,696
Additions - - 1,977 646 2,623
Disposals (17,020 ) (34,390 ) - - (51,410 )
As at 31 March 2026 12,757 176,403 12,241 2,508 203,909
Depreciation
As at 1 April 2025 17,008 118,072 6,343 1,861 143,284
Provided during the period 3,042 36,170 1,090 21 40,323
Disposals (12,472 ) (30,970 ) - - (43,442 )
As at 31 March 2026 7,578 123,272 7,433 1,882 140,165
Net Book Value
As at 31 March 2026 5,179 53,131 4,808 626 63,744
As at 1 April 2025 12,769 92,721 3,921 1 109,412
6. Stocks
2026 2025
£ £
Materials 98,422 90,645
7. Debtors
2026 2025
£ £
Due within one year
Trade debtors 97,876 105,146
Prepayments and accrued income 17,829 19,747
Sam Gay loan - 800
Undeposited funds - 7,292
Rotherham Marble & Granite Ltd 3,999 -
119,704 132,985
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8. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 11,551 22,805
Trade creditors 83,940 120,722
Bank loans and overdrafts 5,592 5,592
Corporation tax 60,199 10,601
Other taxes and social security 7,316 5,998
VAT 43,720 31,115
Wages liability 16,439 20,110
Accruals and deferred income 44,585 38,126
Directors' loan accounts 1,111 64
274,453 255,133
9. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 8,554 18,884
Bank loans 16,290 21,543
24,844 40,427
10. Obligations Under Finance Leases and Hire Purchase
2026 2025
£ £
The future minimum finance lease payments are as follows:
Not later than one year 11,551 22,805
Later than one year and not later than five years 8,554 18,884
20,105 41,689
20,105 41,689
11. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 3 3
12. Dividends
2026 2025
£ £
On equity shares:
Final dividend paid 91,500 75,000
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