REGISTERED NUMBER: 05512815 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Encompass Furniture & Accessories Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

8

DIRECTOR:

S S Ray

REGISTERED OFFICE:

Unit 14

Durleighmarsh

Petersfield

Hampshire

GU31 5AX

REGISTERED NUMBER:

05512815 (England and Wales)

ACCOUNTANTS:

Moss & Co (Direct Accounts) Limited

Rapley House

29 Creek Road

Hayling Island

Hampshire

PO11 9QZ

FIXED ASSETS

Intangible assets

4

1

1

Tangible assets

5

20,063

26,752

20,064

26,753

CURRENT ASSETS

Debtors

6

62,006

50,739

Cash at bank

95,604

117,666

157,610

168,405

CREDITORS

Amounts falling due within one year

7

93,840

68,310

NET CURRENT ASSETS

63,770

100,095

TOTAL ASSETS LESS CURRENT LIABILITIES

83,834

126,848

CREDITORS

Amounts falling due after more than one year

8

(11,916

)

(18,019

)

PROVISIONS FOR LIABILITIES

(3,809

)

(5,079

)

NET ASSETS

68,109

103,750

CAPITAL AND RESERVES

Called up share capital

9

102

102

Retained earnings

10

68,007

103,648

SHAREHOLDERS' FUNDS

68,109

103,750

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 28 August 2026 and were signed by:

S S Ray - Director

1.	STATUTORY INFORMATION

Encompass Furniture & Accessories Ltd 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of ten years.

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.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor van

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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.

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 3 (2025 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

34,000

AMORTISATION

At 1 April 2025

and 31 March 2026

33,999

NET BOOK VALUE

At 31 March 2026

1

At 31 March 2025

1

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

Motor van

equipment

Totals

£

£

£

£

£

COST

At 1 April 2025

and 31 March 2026

2,098

2,048

64,378

5,831

74,355

DEPRECIATION

At 1 April 2025

1,330

1,674

40,287

4,312

47,603

Charge for year

193

93

6,023

380

6,689

At 31 March 2026

1,523

1,767

46,310

4,692

54,292

NET BOOK VALUE

At 31 March 2026

575

281

18,068

1,139

20,063

At 31 March 2025

768

374

24,091

1,519

26,752

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

Motor van

£

COST

At 1 April 2025

and 31 March 2026

64,378

DEPRECIATION

At 1 April 2025

40,287

Charge for year

6,023

At 31 March 2026

46,310

NET BOOK VALUE

At 31 March 2026

18,068

At 31 March 2025

24,091

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

62,006

50,739

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

19,626

18,807

Hire purchase contracts

6,103

6,103

Trade creditors

33,554

20,514

Taxation and social security

22,721

18,193

Other creditors

11,836

4,693

93,840

68,310

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts

11,916

18,019

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

£

100

Ordinary

£1

100

100

1

Ordinary B Non Voting

£1

1

1

1

Ordinary C Non Voting

£1

1

1

102

102

10.

RESERVES

Retained

earnings

£

At 1 April 2025

103,648

Profit for the year

32,513

Dividends

(68,154

)

At 31 March 2026

68,007

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2026 set out on pages three to ten and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Moss & Co (Direct Accounts) Limited

Rapley House

29 Creek Road

Hayling Island

Hampshire

PO11 9QZ

28 August 2026