Focus Stoves Limited - Period Ending 2026-03-31

Registration number: 03331415

Focus Stoves Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2026

Focus Stoves Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 5

Focus Stoves Limited

(Registration number: 03331415)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	-	37,502
Current assets
Stocks	5	10,164	274,443
Debtors	6	46,109	51,476
Cash at bank and in hand		75,810	28,319
		132,083	354,238
Creditors: Amounts falling due within one year	7	(93,566)	(131,345)
Net current assets		38,517	222,893
Net assets		38,517	260,395
Capital and reserves
Called up share capital		1,100	1,100
Retained earnings		37,417	259,295
Shareholders' funds		38,517	260,395

For the financial year ending 31 March 2026 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 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.

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 2 September 2026 and signed on its behalf by:

.........................................
R C Newson
Company secretary and director

Focus Stoves Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1	General information

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

The address of its registered office is:
2 Old Bath Road
Newbury
Berkshire
RG14 1QL

The principal place of business is:
Unit A
Station Approach
Four Marks
Alton
Hants
GU34 5HN
England

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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale and installation of stoves and the manufacture of chimneys. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current tax payable.

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.

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:

Focus Stoves Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Asset class	Depreciation method and rate
Plant and machinery	25% reducing balance basis
Office equipment	25% reducing balance basis
Motor vehicles	25% reducing balance basis

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.

Debtors

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

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

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.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 6 (2025 - 8).

Focus Stoves Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

4	Tangible assets

Land and buildings
£

Plant and machinery
£

Office equipment
£

Motor vehicles
£

Total
£

Cost or valuation

At 1 April 2025

-

23,122

7,986

14,526

45,634

Additions

-

-

889

-

889

Disposals

-

(23,122)

(8,875)

(14,526)

(46,523)

At 31 March 2026

-

-

-

-

-

Depreciation

At 1 April 2025

-

21,773

5,265

14,203

41,241

Charge for the year

-

356

997

92

1,445

Eliminated on disposal

-

(22,129)

(6,262)

(14,295)

(42,686)

At 31 March 2026

-

-

-

-

-

Carrying amount

At 31 March 2026

-

-

-

-

-

At 31 March 2025

33,109

1,349

2,721

323

37,502

Page 4

Focus Stoves Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Stocks

	2026 £	2025 £
Other inventories	10,164	274,443

Debtors

Current	2026 £	2025 £
Trade debtors	13,028	42,372
Prepayments	-	5,810
Other debtors	33,081	3,294
	46,109	51,476

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Trade creditors	12,534	56,010
Taxation and social security	21,540	17,904
Other creditors	59,492	57,431
	93,566	131,345

	Land and buildings £	Plant and machinery £	Office equipment £	Motor vehicles £	Total £
Cost or valuation
At 1 April 2025	-	23,122	7,986	14,526	45,634
Additions	-	-	889	-	889
Disposals	-	(23,122)	(8,875)	(14,526)	(46,523)
At 31 March 2026	-	-	-	-	-
Depreciation
At 1 April 2025	-	21,773	5,265	14,203	41,241
Charge for the year	-	356	997	92	1,445
Eliminated on disposal	-	(22,129)	(6,262)	(14,295)	(42,686)
At 31 March 2026	-	-	-	-	-
Carrying amount
At 31 March 2026	-	-	-	-	-
At 31 March 2025	33,109	1,349	2,721	323	37,502