REGISTERED NUMBER: 10873797 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2025

for

NORTHAVON BLINDS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P J Welch

P A J Welch

REGISTERED OFFICE:

The Mews

Hounds Road

Chipping Sodbury

Bristol

BS37 6EE

REGISTERED NUMBER:

10873797 (England and Wales)

ACCOUNTANTS:

Dolman's Chartered Accountants

The Mews

Hounds Road

Chipping Sodbury

Bristol

BS37 6EE

FIXED ASSETS

Tangible assets

4

12,229

13,607

CURRENT ASSETS

Stocks

48,000

66,750

Debtors

5

127,681

144,979

175,681

211,729

CREDITORS

Amounts falling due within one year

6

176,686

106,422

NET CURRENT (LIABILITIES)/ASSETS

(1,005

)

105,307

TOTAL ASSETS LESS CURRENT LIABILITIES

11,224

118,914

CREDITORS

Amounts falling due after more than one year

7

-

(12,000

)

PROVISIONS FOR LIABILITIES

(2,051

)

(2,051

)

NET ASSETS

9,173

104,863

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

9,073

104,763

SHAREHOLDERS' FUNDS

9,173

104,863

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 July 2026 and were signed on its behalf by:

P A J Welch - Director

1.	STATUTORY INFORMATION

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

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Fixtures, fittings & office equipment

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

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 items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures,

fittings

Plant and

& office

Motor

Computer

machinery

equipment

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 August 2024

3,900

1,114

38,479

297

43,790

Additions

2,700

-

-

-

2,700

At 31 July 2025

6,600

1,114

38,479

297

46,490

DEPRECIATION

At 1 August 2024

2,666

904

26,368

245

30,183

Charge for year

984

53

3,028

13

4,078

At 31 July 2025

3,650

957

29,396

258

34,261

NET BOOK VALUE

At 31 July 2025

2,950

157

9,083

39

12,229

At 31 July 2024

1,234

210

12,111

52

13,607

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 August 2024

and 31 July 2025

21,583

DEPRECIATION

At 1 August 2024

12,479

Charge for year

2,276

At 31 July 2025

14,755

NET BOOK VALUE

At 31 July 2025

6,828

At 31 July 2024

9,104

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

127,134

144,675

Other debtors

547

304

127,681

144,979

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

30,820

32,803

Hire purchase contracts

1,667

5,000

Trade creditors

9,550

8,513

Taxation and social security

24,687

25,637

Other creditors

109,962

34,469

176,686

106,422

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

10,333

Hire purchase contracts

-

1,667

-

12,000

8.	OTHER FINANCIAL COMMITMENTS

The company's hire purchase contracts are at a market rate of interest.

Further interest of £236 will be payable on these contracts, of which £236 is due within 1 year.

Interest is payable on the bank loans at a rate of 2.5% per year for 5 years from June 2021.

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 July 2025 and 31 July 2024:

2025

2024

£

£

P A J Welch and P J Welch

Balance outstanding at start of year

(26,731

)

(10,909

)

Amounts repaid

(72,109

)

(15,822

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(98,840

)

(26,731

)