REGISTERED NUMBER: 15180866 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

PAINTED BESPOKE JOINERY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Certified Accountants' Report

7

DIRECTOR:

Miss E Dlutowski

REGISTERED OFFICE:

60 High Street

Wimbledon

London

SW19 5EE

REGISTERED NUMBER:

15180866 (England and Wales)

ACCOUNTANTS:

MDH

Chartered Certified Accountants

21 Stafford Road

Croydon

Surrey

CR0 4NG

FIXED ASSETS

Intangible assets

4

28,468

31,932

Tangible assets

5

609,507

577,071

637,975

609,003

CURRENT ASSETS

Stocks

171,394

119,881

Debtors

6

71,350

287,734

Cash at bank and in hand

10,023

6,583

252,767

414,198

CREDITORS

Amounts falling due within one year

7

2,673,233

1,599,832

NET CURRENT LIABILITIES

(2,420,466

)

(1,185,634

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,782,491

)

(576,631

)

CAPITAL AND RESERVES

Called up share capital

8

1

1

Retained earnings

(1,782,492

)

(576,632

)

SHAREHOLDERS' FUNDS

(1,782,491

)

(576,631

)

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

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

The director acknowledges her 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 director and authorised for issue on 28 July 2026 and were signed by:

Miss E Dlutowski - Director

1.	STATUTORY INFORMATION

Painted Bespoke Joinery Ltd 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.

Going Concern

The financial statements have been prepared on a going concern basis.

The company has incurred losses in the current and prior financial period, giving rise to a material uncertainty that may cast significant doubt upon the company's ability to continue as a going concern.

The director has confirmed a personal commitment to provide such financial support as is necessary to enable the company to meet its liabilities as they fall due for a period of at least twelve months from the date of approval of these financial statements. Having regard to this commitment, the director considers the going concern basis of preparation to be appropriate. The financial statements do not include any adjustments that would result were this basis not appropriate.

Turnover

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

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

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 16 (2024 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 November 2024

and 31 October 2025

34,640

AMORTISATION

At 1 November 2024

2,708

Charge for year

3,464

At 31 October 2025

6,172

NET BOOK VALUE

At 31 October 2025

28,468

At 31 October 2024

31,932

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2024

722,910

Additions

204,927

At 31 October 2025

927,837

DEPRECIATION

At 1 November 2024

145,839

Charge for year

172,491

At 31 October 2025

318,330

NET BOOK VALUE

At 31 October 2025

609,507

At 31 October 2024

577,071

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/10/25

31/10/24

£

£

Trade debtors

55,102

73,812

Other debtors

16,248

213,922

71,350

287,734

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/10/25

31/10/24

£

£

Bank loans and overdrafts

2,353

1,076

Trade creditors

23,390

44,606

Amounts owed to group undertakings

150,283

125,565

Taxation and social security

24,193

13,130

Other creditors

2,473,014

1,415,455

2,673,233

1,599,832

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/10/25

31/10/24

value:

£

£

1

Ordinary

£1

1

1

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 October 2025 and the period ended 31 October 2024:

31/10/25

31/10/24

£

£

Miss E Dlutowski

Balance outstanding at start of year

(1,409,970

)

-

Amounts advanced

1,076

-

Amounts repaid

(1,064,121

)

(1,409,970

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(2,473,015

)

(1,409,970

)

10.	RELATED PARTY DISCLOSURES

Painted Ltd

A company in which Painted Group Ltd is a shareholder.

31/10/25

31/10/24

£

£

Amount due to related party at the balance sheet date

150,283

126,565

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Painted Group Ltd.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Painted Bespoke Joinery Ltd for the year ended 31 October 2025 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the director of Painted Bespoke Joinery Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Painted Bespoke Joinery Ltd and state those matters that we have agreed to state to the director of Painted Bespoke Joinery Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Painted Bespoke Joinery Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Painted Bespoke Joinery Ltd. You consider that Painted Bespoke Joinery 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 financial statements of Painted Bespoke Joinery 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 financial statements.

MDH

Chartered Certified Accountants

21 Stafford Road

Croydon

Surrey

CR0 4NG

28 July 2026