Registration number: 04104530

Randalls Office Furniture Limited

Contents

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

Randalls Office Furniture Limited

Company Information

Directors

Mr Tony Randall Mrs Heather Randall Mr Shaun Baker

Company secretary

Mrs Heather Randall

Registered office

2 Charnwood House Marsh Road Ashton Bristol United Kingdom BS3 2NA

Accountants

Stone & Co Chartered Accountants 2 Charnwood House Marsh Road Ashton Bristol BS3 2NA

Randalls Office Furniture Limited

(Registration number: 04104530)
Balance Sheet as at 30 April 2026

	Note	2026 £		2025 £
Fixed assets
Tangible assets	5		1,402	291
Current assets
Stocks	6	35,604		129,194
Debtors	7	96,949		106,839
Cash at bank and in hand		112,154		285,722
		244,707		521,755
Creditors: Amounts falling due within one year	9	(193,924)		(544,790)
Net current assets/(liabilities)			50,783	(23,035)
Total assets less current liabilities			52,185	(22,744)
Creditors: Amounts falling due after more than one year	9		-	(1,964)
Provisions for liabilities			(265)	(41)
Net assets/(liabilities)			51,920	(24,749)
Capital and reserves
Called up share capital		100		100
Retained earnings		51,820		(24,849)
Shareholders' funds/(deficit)			51,920	(24,749)

Randalls Office Furniture Limited

(Registration number: 04104530)
Balance Sheet as at 30 April 2026

For the financial year ending 30 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 18 August 2026 and signed on its behalf by:
 

.........................................

Mr Tony Randall
Director

Directors' 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Randalls Office Furniture Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

1	General information

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

The address of its registered office is:
2 Charnwood House
Marsh Road
Ashton
Bristol
BS3 2NA
United Kingdom

These financial statements were authorised for issue by the Board on 18 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

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 sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

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.

Randalls Office Furniture Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

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
Motor Vehicles	25% Straight Line
Office Equipment	25% Straight Line
Website	25% Straight Line

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

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
Goodwill	Straight Line over 5 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Randalls Office Furniture Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

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.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

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.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Randalls Office Furniture Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2025 - 2).

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 May 2025	12,500	12,500
At 30 April 2026	12,500	12,500
Amortisation
At 1 May 2025	12,500	12,500
At 30 April 2026	12,500	12,500
Carrying amount
At 30 April 2026	-	-

5	Tangible assets

	Land and buildings £	Website £	Office equipment £	Motor vehicles  £
Cost or valuation
At 1 May 2025	10,180	5,821	20,443	14,500
Additions	-	-	1,437	-
At 30 April 2026	10,180	5,821	21,880	14,500
Depreciation
At 1 May 2025	10,102	5,763	20,288	14,500
Charge for the year	78	58	190	-
At 30 April 2026	10,180	5,821	20,478	14,500
Carrying amount
At 30 April 2026	-	-	1,402	-
At 30 April 2025	78	58	155	-

Randalls Office Furniture Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

	Total £
Cost or valuation
At 1 May 2025	50,944
Additions	1,437
At 30 April 2026	52,381
Depreciation
At 1 May 2025	50,653
Charge for the year	326
At 30 April 2026	50,979
Carrying amount
At 30 April 2026	1,402
At 30 April 2025	291

Included within the net book value of land and buildings above is £Nil (2025 - £78) in respect of freehold land and buildings.
 

6

Stocks

	2026 £	2025 £
Other inventories	35,604	129,194

7

Debtors

Current	2026 £	2025 £
Trade debtors	95,763	105,747
Prepayments	1,186	940
Other debtors	-	152
	96,949	106,839

8	Related party transactions

Transactions with directors

2026	At 1 May 2025 £	At 30 April 2026 £
Mr Tony Randall
Director's Loan Account	(265)	(265)

Randalls Office Furniture Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

2025	At 1 May 2024 £	At 30 April 2025 £
Mr Tony Randall
Director's Loan Account	(265)	(265)

Summary of transactions with subsidiaries

Loans to related parties

2026	Key management £	Total £
At start of period	500	500
At end of period	500	500

2025	Key management £	Total £
At start of period	500	500
At end of period	500	500

Terms of loans to related parties

A loan to Seating Online Ltd, a company with which the director has a shared interest.
 

9

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Loans and borrowings		1,964	10,000
Trade creditors		51,648	196,108
Taxation and social security		25,598	33,678
Accruals and deferred income		93,949	304,239
Other creditors		20,765	765
		193,924	544,790

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings		-	1,964