Company Registration No. 11689846 (England and Wales)
Sublime Extensions & Refurbs Limited
Unaudited accounts
for the year ended 30 November 2025
Sublime Extensions & Refurbs Limited
Unaudited accounts
Contents
Sublime Extensions & Refurbs Limited
Company Information
for the year ended 30 November 2025
Company Number
11689846 (England and Wales)
Registered Office
Wickets Woodside Road
Chiddingfold
Godalming
Surrey
GU8 4UG
UK
Sublime Extensions & Refurbs Limited
Statement of financial position
as at 30 November 2025
Cash at bank and in hand
7
1,006
Creditors: amounts falling due within one year
(133,286)
(161,042)
Net current assets
185,783
250,221
Total assets less current liabilities
186,399
250,221
Creditors: amounts falling due after more than one year
(249,465)
(248,411)
Net (liabilities)/assets
(63,066)
1,810
Called up share capital
2
-
Profit and loss account
(63,068)
1,810
Shareholders' funds
(63,066)
1,810
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 August 2026 and were signed on its behalf by
Deane Eales
Director
Company Registration No. 11689846
Sublime Extensions & Refurbs Limited
Notes to the Accounts
for the year ended 30 November 2025
Sublime Extensions & Refurbs Limited is a private company, limited by shares, registered in England and Wales, registration number 11689846. The registered office is Wickets Woodside Road, Chiddingfold, Godalming, Surrey, GU8 4UG, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of completion.
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the income statement, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, 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.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss.
Sublime Extensions & Refurbs Limited
Notes to the Accounts
for the year ended 30 November 2025
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
3 year straight line
Judgements in applying accounting policies and key sources of estimation uncertainty
The preparation of financial statements in compliance with FRS 102 Section 1A requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the company's accounting polices. In preparing these financial statements, the director has made the following judgements:
Determine whether there are indicators of impairment of the company's tangible fixed assets. Factors taken into consideration in reaching such a decision include the economic viability and expected future financial performance of the asset and where it is a component of a larger cash-generating unit, the viability and expected future performance of that unit.
Other key sources of estimation uncertainty:
Tangible fixed assets (note 4)
Tangible fixed assets are depreciated over their useful lives taking into account residual values, where appropriate. The actual lives of the assets and residual values are assessed annually and may vary depending on a number of factors. In re-assessing asset lives, factors such as technological innovation, product life cycles and maintenance programmes are taken into account. Residual value assessments consider issues such as future market conditions, the remaining life of the asset and projected disposal values.
The Director and their associated company which make up the majority of the creditors balances will not recall their loans until such time the company has the funds to repay these and as such the accounts are prepared on a going concern basis.
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Trade debtors
10,830
17,133
Accrued income and prepayments
55,720
128,255
Other debtors
252,512
264,869
Sublime Extensions & Refurbs Limited
Notes to the Accounts
for the year ended 30 November 2025
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
2,374
20,407
Taxes and social security
69,677
72,610
Other creditors
7,492
7,491
Loans from directors
53,710
55,332
7
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
180,000
180,000
Loans from directors
60,453
60,453
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).