Combined Office Interiors Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 03841158

Combined Office Interiors Limited

Filleted Unaudited Financial Statements

For the year ended

31 December 2025

Combined Office Interiors Limited

Financial Statements

Year ended 31 December 2025

Contents	Pages

Statement of financial position	1 to 2

Notes to the financial statements	3 to 6

Combined Office Interiors Limited

Statement of Financial Position

31 December 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	6		4,348	3,743

Current assets

Stocks		32,416	51,617
Debtors	7	166,657	405,658
Cash at bank and in hand		1,211	34,547
		---------	---------
		200,284	491,822

Creditors: amounts falling due within one year	8	344,783		596,219
		---------		---------
Net current liabilities			144,499	104,397
			---------	---------
Total assets less current liabilities			( 140,151)	( 100,654)
			---------	---------
Net liabilities			( 140,151)	( 100,654)
			---------	---------

Capital and reserves

Called up share capital	536	536
Capital redemption reserve	474	474
Profit and loss account	( 141,161)	( 101,664)
	---------	---------
Shareholders deficit	( 140,151)	( 100,654)
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Combined Office Interiors Limited

Statement of Financial Position (continued)

31 December 2025

These financial statements were approved by the board of directors and authorised for issue on 21 August 2026 , and are signed on behalf of the board by:

D Griffin

Director

Company registration number: 03841158

Combined Office Interiors Limited

Notes to the Financial Statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Potton House, Wyboston Lakes, Great North Road, Wyboston, Bedford, MK44 3BZ. The principal place of business is Centree House, Unit 6-8, Bicton Industrial Park, Kimbolton, Huntingdon, Cambs, PE28 0LQ.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Other operating income

Other operating income is accounted for on an accruals basis.

Going concern

The directors assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the company to continue as a going concern. The directors make this assessment in respect of a period of at least one year from the date of authorisation for issue of the financial statements. The company is supported by cash from other companies within the group and the directors have concluded that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the financial statements have been prepared on a going concern basis.

Management charges

Income from management charges is recognised in the accounts on an accruals basis.

Revenue recognition

The turnover shown in the Statement of Income and Retained Earnings represents sales of goods during the year, net of value added tax and trade discounts.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that 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 that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Improvements to leasehold property	-	20% reducing balance
Fixtures and fittings	-	33% straight line
Motor vehicles	-	25% reducing balance

Stocks

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

Defined contribution pension plans

The company operates a defined contribution pension scheme for employees and contributes to the personal schemes of the directors. The assets of the schemes are held separately from those of the company and contributions for the year are charged to the profit and loss account.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 12 (2024: 12 ).

5. Tax on loss

During the year the company received £69,881 (2024 £nil) for tax losses surrendered to the company's parent undertaking.

6. Tangible assets

	Improvements to leasehold property	Fixtures and fittings	Total
	£	£	£
Cost
At 1 January 2025	5,964	14,252	20,216
Additions	–	1,500	1,500
	-------	--------	--------
At 31 December 2025	5,964	15,752	21,716
	-------	--------	--------
Depreciation
At 1 January 2025	2,592	13,881	16,473
Charge for the year	357	538	895
	-------	--------	--------
At 31 December 2025	2,949	14,419	17,368
	-------	--------	--------
Carrying amount
At 31 December 2025	3,015	1,333	4,348
	-------	--------	--------
At 31 December 2024	3,372	371	3,743
	-------	--------	--------

7. Debtors

	2025	2024
	£	£
Trade debtors	54,656	218,860
Amounts owed by group undertakings and undertakings in which the company has a participating interest	95,309	125,719
Other debtors	16,692	61,079
	---------	---------
	166,657	405,658
	---------	---------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	266,213	470,321
Amounts owed to group undertakings and undertakings in which the company has a participating interest	4,277	11,652
Social security and other taxes	37,273	52,840
Other creditors	37,020	61,406
	---------	---------
	344,783	596,219
	---------	---------

9. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	16,476	20,973
Later than 1 year and not later than 5 years	5,571	22,047
	--------	--------
	22,047	43,020
	--------	--------

10. Controlling party

The company's parent undertaking is C.O.I. Properties Limited, a company incorporated in England and Wales and whose registered office address is Potton House, Wyboston Lakes, Great North Road, Wyboston, Bedford, MK44 3BZ.