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Company Registration No. 06495675 (England and Wales)
Lorna Smith Interiors Ltd Unaudited accounts for the year ended 28 February 2026
Lorna Smith Interiors Ltd Unaudited accounts Contents
Page
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Lorna Smith Interiors Ltd Company Information for the year ended 28 February 2026
Director
Mrs Lorna Smith
Company Number
06495675 (England and Wales)
Registered Office
Sanderlings Spinney Lane Itchenor West Sussex PO20 7DJ
Accountants
Balancing the Books TB3 Little Tapnage Titchfield Lane Fareham Hampshire PO17 5PQ
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Lorna Smith Interiors Ltd Accountants' report
Accountants' report to the director of Lorna Smith Interiors Ltd on the preparation of the unaudited statutory accounts for the year ended 28 February 2026
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Lorna Smith Interiors Ltd for the year ended 28 February 2026 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Lorna Smith Interiors Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Lorna Smith Interiors Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lorna Smith Interiors Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Lorna Smith Interiors Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Lorna Smith Interiors Ltd. You consider that Lorna Smith Interiors Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Lorna Smith Interiors Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Balancing the Books TB3 Little Tapnage Titchfield Lane Fareham Hampshire PO17 5PQ 30 June 2026
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Lorna Smith Interiors Ltd Statement of financial position as at 28 February 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,620 
2,669 
Current assets
Inventories
2,162 
2,644 
Debtors
1,425 
- 
Cash at bank and in hand
6,357 
513 
9,944 
3,157 
Creditors: amounts falling due within one year
(2,349)
(225)
Net current assets
7,595 
2,932 
Total assets less current liabilities
9,215 
5,601 
Creditors: amounts falling due after more than one year
(99,560)
(107,187)
Net liabilities
(90,345)
(101,586)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(90,445)
(101,686)
Shareholders' funds
(90,345)
(101,586)
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 7 July 2026 and were signed on its behalf by
Mrs Lorna Smith Director Company Registration No. 06495675
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Lorna Smith Interiors Ltd Notes to the Accounts for the year ended 28 February 2026
1
Statutory information
Lorna Smith Interiors Ltd is a private company, limited by shares, registered in England and Wales, registration number 06495675. The registered office is Sanderlings, Spinney Lane, Itchenor, West Sussex, PO20 7DJ.
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.
Presentation currency
The accounts are presented in £ sterling.
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:
Computer equipment
3 Years Straight Line
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 March 2025
5,689 
Additions
1,166 
At 28 February 2026
6,855 
Depreciation
At 1 March 2025
3,020 
Charge for the year
2,215 
At 28 February 2026
5,235 
Net book value
At 28 February 2026
1,620 
At 28 February 2025
2,669 
5
Debtors
2026 
2025 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
1,425 
- 
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Lorna Smith Interiors Ltd Notes to the Accounts for the year ended 28 February 2026
6
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
VAT
2,343 
225 
Trade creditors
6 
- 
2,349 
225 
7
Creditors: amounts falling due after more than one year
2026 
2025 
£ 
£ 
Loans from directors
99,560 
107,187 
8
Average number of employees
During the year the average number of employees was 0 (2025: 0).
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