Registration number: 13034843

Kitchen Renovate Ltd

trading as Dream Doors Birmingham South

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 9

Kitchen Renovate Ltd

trading as Dream Doors Birmingham South

Company Information

Director

Mr M Wadsley

Registered office

176 New Road Rubery Birmingham B45 9JA

Accountants

Ikara Business Solutions Limited 1 Pavilion Square Cricketers Way Westhoughton Bolton BL5 3AJ

Kitchen Renovate Ltd

trading as Dream Doors Birmingham South

(Registration number: 13034843)
Balance Sheet as at 30 November 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	-	4,620
Tangible assets	5	3,711	4,400
		3,711	9,020
Current assets
Stocks		30,201	28,692
Debtors	6	65,747	38,274
Cash at bank and in hand		26,127	8,699
		122,075	75,665
Creditors: Amounts falling due within one year	7	(134,579)	(97,573)
Net current liabilities		(12,504)	(21,908)
Total assets less current liabilities		(8,793)	(12,888)
Provisions for liabilities		(627)	(836)
Net liabilities		(9,420)	(13,724)
Capital and reserves
Called up share capital		1	1
Retained earnings		(9,421)	(13,725)
Shareholders' deficit		(9,420)	(13,724)

Kitchen Renovate Ltd

trading as Dream Doors Birmingham South

(Registration number: 13034843)
Balance Sheet as at 30 November 2025

For the financial year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 11 August 2026
 

......................................... Mr M Wadsley Director

Kitchen Renovate Ltd

trading as Dream Doors Birmingham South

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
176 New Road
Rubery
Birmingham
B45 9JA

These financial statements were authorised for issue by the director on 11 August 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements were prepared on a going concern basis. This is based on the director's opinion that the company can meet its liabilities as they fall due for a period of at least twelve months from approving the financial statements. However there can be no certainty to this view.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue from the sale of goods and provision of services at the point the products are installed and associated service delivered.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Kitchen Renovate Ltd

trading as Dream Doors Birmingham South

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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 and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office equipment	33% of cost
Fixtures and fittings	25% reducing balance

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Franchise fee	20% straight line

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Kitchen Renovate Ltd

trading as Dream Doors Birmingham South

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 5 (2024 - 6).

4	Intangible assets

	Franchise Fee £	Total £
Cost or valuation
At 1 December 2024	23,100	23,100
At 30 November 2025	23,100	23,100
Amortisation
At 1 December 2024	18,480	18,480
Amortisation charge	4,620	4,620
At 30 November 2025	23,100	23,100
Carrying amount
At 30 November 2025	-	-
At 30 November 2024	4,620	4,620

Kitchen Renovate Ltd

trading as Dream Doors Birmingham South

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

5	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 December 2024	14,132	14,132
Additions	613	613
At 30 November 2025	14,745	14,745
Depreciation
At 1 December 2024	9,732	9,732
Charge for the year	1,302	1,302
At 30 November 2025	11,034	11,034
Carrying amount
At 30 November 2025	3,711	3,711
At 30 November 2024	4,400	4,400

6

Debtors

Current	2025 £	2024 £
Trade debtors	468	6,585
Prepayments	-	2,100
Other debtors	65,279	29,589
	65,747	38,274

Kitchen Renovate Ltd

trading as Dream Doors Birmingham South

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	1,090	11,761
Trade creditors		14,329	42,666
Taxation and social security		74,016	21,909
Accruals and deferred income		39,595	16,863
Other creditors		5,549	4,374
		134,579	97,573

Kitchen Renovate Ltd

trading as Dream Doors Birmingham South

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

8	Loans and borrowings

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	1,090	11,761

9	Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

	2025 £	2024 £
Not later than one year	12,500	12,500
Later than one year and not later than five years	4,167	4,167
	16,667	16,667

The amount of non-cancellable operating lease payments recognised as an expense during the year was £12,500 (2024 - £12,500).

10	Related party transactions

Transactions with the director

2025	At 1 December 2024 £	Advances to director £	Repayments by director £	At 30 November 2025 £
Mr M Wadsley
	19,320	44,252	(18,297)	45,275

2024	At 1 December 2023 £	Advances to director £	Repayments by director £	Other payments made to company by director £	At 30 November 2024 £
Mr M Wadsley
	6,302	46,484	(33,466)	-	19,320