REGISTERED NUMBER: 06617832 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2025

for

Seated Furniture Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Courage

Mrs K Courage

REGISTERED OFFICE:

Unit 6 Trinity Place

Midland Drive

Sutton Coldifeld

West Midlands

B72 1TX

REGISTERED NUMBER:

06617832 (England and Wales)

ACCOUNTANTS:

Clover Chartered Certified Accountants

6 Trinity Place

Midland Drive

Sutton Coldfield

West Midlands

B72 1TX

FIXED ASSETS

Intangible assets

4

55,080

61,965

Tangible assets

5

15,574

24,681

Investments

6

36,500

36,500

107,154

123,146

CURRENT ASSETS

Stocks

3,081

10,322

Debtors

7

645,293

581,210

Cash at bank and in hand

780,449

720,785

1,428,823

1,312,317

CREDITORS

Amounts falling due within one year

8

(1,198,154

)

(1,145,085

)

NET CURRENT ASSETS

230,669

167,232

TOTAL ASSETS LESS CURRENT LIABILITIES

337,823

290,378

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

337,821

290,376

337,823

290,378

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 29 January 2026 and were signed on its behalf by:

S Courage - Director

Mrs K Courage - Director

1.	STATUTORY INFORMATION

Seated Furniture Limited 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.

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 etc

-

33% on cost and 25% on reducing balance

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 24 (2024 - 23 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 December 2024

and 30 November 2025

68,850

AMORTISATION

At 1 December 2024

6,885

Charge for year

6,885

At 30 November 2025

13,770

NET BOOK VALUE

At 30 November 2025

55,080

At 30 November 2024

61,965

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2024

179,152

Additions

2,373

At 30 November 2025

181,525

DEPRECIATION

At 1 December 2024

154,471

Charge for year

11,480

At 30 November 2025

165,951

NET BOOK VALUE

At 30 November 2025

15,574

At 30 November 2024

24,681

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 December 2024

and 30 November 2025

36,500

NET BOOK VALUE

At 30 November 2025

36,500

At 30 November 2024

36,500

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade debtors

443,165

228,488

Amounts owed by group undertakings

88,633

178,633

Other debtors

113,495

174,089

645,293

581,210

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans and overdrafts

5,679

15,668

Trade creditors

892,331

918,988

Taxation and social security

243,217

163,084

Other creditors

56,927

47,345

1,198,154

1,145,085

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2025 and 30 November 2024:

30.11.25

30.11.24

£

£

Mrs K Courage

Balance outstanding at start of year

-

19,741

Amounts repaid

-

(19,741

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-