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Company Registration No. 13231958 (England and Wales)
The Fireplace Company Morecambe Limited Unaudited accounts for the year ended 31 March 2026
The Fireplace Company Morecambe Limited Unaudited accounts Contents
Page
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The Fireplace Company Morecambe Limited Company Information for the year ended 31 March 2026
Directors
Anthony Chell Andrea Chell India Chell James Allen
Company Number
13231958 (England and Wales)
Registered Office
2 WHITEFIELD PLACE MORECAMBE LANCASHIRE LA3 3EA ENGLAND
Accountants
Walling Accountants Unit 1B Hallidays Farm Bilsborrow Preston PR3 0RU
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The Fireplace Company Morecambe Limited Statement of financial position as at 31 March 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Tangible assets
71,600 
74,439 
Current assets
Inventories
181,490 
130,054 
Debtors
62,686 
62,995 
Cash at bank and in hand
93,166 
27,345 
337,342 
220,394 
Creditors: amounts falling due within one year
(258,439)
(185,940)
Net current assets
78,903 
34,454 
Total assets less current liabilities
150,503 
108,893 
Creditors: amounts falling due after more than one year
(30,362)
(44,136)
Provisions for liabilities
Deferred tax
(11,925)
(12,216)
Net assets
108,216 
52,541 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
108,206 
52,531 
Shareholders' funds
108,216 
52,541 
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 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 of Directors and authorised for issue on 16 July 2026 and were signed on its behalf by
Anthony Chell Director Company Registration No. 13231958
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The Fireplace Company Morecambe Limited Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
The Fireplace Company Morecambe Limited is a private company, limited by shares, registered in England and Wales, registration number 13231958. The registered office is 2 WHITEFIELD PLACE, MORECAMBE, LANCASHIRE, LA3 3EA, ENGLAND.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
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:
Land & buildings
10% on cost
Plant & machinery
33.3% on cost
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
33.3% on cost
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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The Fireplace Company Morecambe Limited Notes to the Accounts for the year ended 31 March 2026
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 April 2025
13,870 
10,226 
82,970 
- 
1,178 
108,244 
Additions
- 
6,490 
888 
5,461 
4,808 
17,647 
At 31 March 2026
13,870 
16,716 
83,858 
5,461 
5,986 
125,891 
Depreciation
At 1 April 2025
3,728 
9,401 
19,944 
- 
732 
33,805 
Charge for the year
1,305 
1,361 
15,924 
909 
987 
20,486 
At 31 March 2026
5,033 
10,762 
35,868 
909 
1,719 
54,291 
Net book value
At 31 March 2026
8,837 
5,954 
47,990 
4,552 
4,267 
71,600 
At 31 March 2025
10,142 
825 
63,026 
- 
446 
74,439 
5
Debtors
2026 
2025 
£ 
£ 
Amounts falling due within one year
Trade debtors
60,124 
59,605 
Accrued income and prepayments
2,417 
1,530 
Other debtors
145 
1,860 
62,686 
62,995 
6
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
Bank loans and overdrafts
1,667 
10,000 
VAT
25,302 
874 
Obligations under finance leases and hire purchase contracts
12,107 
11,423 
Trade creditors
80,947 
60,060 
Taxes and social security
57,337 
22,698 
Other creditors
4,788 
62 
Loans from directors
508 
552 
Deferred income
75,783 
80,271 
258,439 
185,940 
7
Creditors: amounts falling due after more than one year
2026 
2025 
£ 
£ 
Bank loans
- 
1,667 
Obligations under finance leases and hire purchase contracts
30,362 
42,469 
30,362 
44,136 
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The Fireplace Company Morecambe Limited Notes to the Accounts for the year ended 31 March 2026
8
Average number of employees
During the year the average number of employees was 6 (2025: 6).
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