REGISTERED NUMBER: 07934201 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

My Paintbrush Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A J Cherry

REGISTERED OFFICE:

19 Warren Park Way

Enderby

Leicester

LE19 4SA

REGISTERED NUMBER:

07934201 (England and Wales)

ACCOUNTANTS:

Carter & Co

19 Warren Park Way

Enderby

Leicester

LE19 4SA

FIXED ASSETS

Intangible assets

4

1

1

Tangible assets

5

37,695

51,426

37,696

51,427

CURRENT ASSETS

Stocks

763,475

500,000

Debtors

6

157,214

141,757

Cash at bank

98,493

50,000

1,019,182

691,757

CREDITORS

Amounts falling due within one year

7

563,693

480,416

NET CURRENT ASSETS

455,489

211,341

TOTAL ASSETS LESS CURRENT LIABILITIES

493,185

262,768

CREDITORS

Amounts falling due after more than one year

8

(244,137

)

(75,100

)

PROVISIONS FOR LIABILITIES

(8,787

)

(11,459

)

NET ASSETS

240,261

176,209

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

240,161

176,109

SHAREHOLDERS' FUNDS

240,261

176,209

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 18 August 2026 and were signed by:

A J Cherry - Director

1.	STATUTORY INFORMATION

My Paintbrush 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

33% on cost, 25% on reducing balance and 25% 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2025 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2025

and 31 March 2026

6,514

AMORTISATION

At 1 April 2025

and 31 March 2026

6,513

NET BOOK VALUE

At 31 March 2026

1

At 31 March 2025

1

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

99,229

Additions

2,558

At 31 March 2026

101,787

DEPRECIATION

At 1 April 2025

47,803

Charge for year

16,289

At 31 March 2026

64,092

NET BOOK VALUE

At 31 March 2026

37,695

At 31 March 2025

51,426

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 April 2025

and 31 March 2026

49,320

DEPRECIATION

At 1 April 2025

17,644

Charge for year

10,317

At 31 March 2026

27,961

NET BOOK VALUE

At 31 March 2026

21,359

At 31 March 2025

31,676

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Paypal

1,101

7,704

Other debtors

94,809

89,151

VAT

61,304

44,567

Prepayments

-

335

157,214

141,757

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

-

7,260

Hire purchase contracts

8,603

8,603

Trade creditors

474,729

409,964

Tax

74,268

25,901

Social security and other taxes

3,248

2,605

Other creditors

-

24,092

Directors' current accounts

782

89

Accrued expenses

2,063

1,902

563,693

480,416

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans - 1-2 years

8,334

18,333

Bank loans - 2-5 years

219,798

32,158

Hire purchase contracts

16,005

24,609

244,137

75,100

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

£

100

Ordinary

£1.00

100

100

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £87,000 (2025 - £86,000) were paid to the director .