The Showroom (Canterbury) Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 13027781

The Showroom (Canterbury) Limited

Filleted Unaudited Financial Statements

31 March 2026

The Showroom (Canterbury) Limited

Financial Statements

Year ended 31 March 2026

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

The Showroom (Canterbury) Limited

Statement of Financial Position

31 March 2026

	2026		2025
Note	£	£	£

Fixed assets

Tangible assets	5		3,462,228	3,462,228

Current assets

Debtors	6	6,495	4,878
Cash at bank and in hand		76,915	92,487
		--------	--------
		83,410	97,365

Creditors: amounts falling due within one year	7	383,762		394,338
		---------		---------
Net current liabilities			300,352	296,973
			------------	------------
Total assets less current liabilities			3,161,876	3,165,255

Creditors: amounts falling due after more than one year	8		2,040,000	2,127,017

Provisions	244,839	244,839
	------------	------------
Net assets	877,037	793,399
	------------	------------

Capital and reserves

Called up share capital	2	2
Profit and loss account	877,035	793,397
	---------	---------
Shareholders funds	877,037	793,399
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

The Showroom (Canterbury) Limited

Statement of Financial Position (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 7 July 2026 , and are signed on behalf of the board by:

J Santos

Director

Company registration number: 13027781

The Showroom (Canterbury) Limited

Notes to the Financial Statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Camburgh House, 27 New Dover Road, Canterbury, Kent, CT1 3DN, United Kingdom.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from the changes in fair value is recognised in the profit or loss.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

4. Employee numbers

The average number of employees including directors during the period amounted to 2 (2025: 2)

5. Tangible assets

	Investment property	Plant and machinery	Total
	£	£	£
Cost
At 1 April 2025 and 31 March 2026	3,451,825	10,403	3,462,228
	------------	--------	------------
Depreciation
At 1 April 2025 and 31 March 2026	–	–	–
	------------	--------	------------
Carrying amount
At 31 March 2026	3,451,825	10,403	3,462,228
	------------	--------	------------
At 31 March 2025	3,451,825	10,403	3,462,228
	------------	--------	------------

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from the changes in fair value is recognised in the profit or loss.

6. Debtors

	2026	2025
	£	£
Other debtors	6,495	4,878
	-------	-------

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	–	77,125
Trade creditors	–	40
Corporation tax	27,742	21,140
Social security and other taxes	13,170	13,738
Other creditors	342,850	282,295
	---------	---------
	383,762	394,338
	---------	---------

The figure for bank loans and overdrafts is secured by way of a fixed charge against properties owned by the company.

8. Creditors: amounts falling due after more than one year

	2026	2025
	£	£
Bank loans and overdrafts	2,040,000	2,127,017
	------------	------------

The figure for bank loans and overdrafts is secured by way of a fixed charge against properties owned by the company.

9. Related party transactions

At the period end the company owed £280,000 (2025: £280,000) to a group company. At the period end the company owed £30,000 (2025: £nil) to a director. At the period end the company owed £30,000 (2025: £nil) to a director.

10. Controlling party

The Showroom (Canterbury) Holdings Limited is the company's ultimate parent. The Showroom (Canterbury) Holdings Limited is registered in England and Wales. The registered address of the controlling company is Camburgh House, 27 New Dover Road, Canterbury, Kent, United Kingdom, CT1 3DN .