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Company Registration No. 09860110 (England and Wales)
North Devon Decorators Ltd Unaudited accounts for the year ended 31 December 2025
North Devon Decorators Ltd Unaudited accounts Contents
Page
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North Devon Decorators Ltd Company Information for the year ended 31 December 2025
Directors
Luke Peter ACERS Peter John ACERS Diane Angela ACERS
Company Number
09860110 (England and Wales)
Registered Office
Phoenix House Bucks Cross Bideford Devon EX39 5DT England
Accountants
On the Books Ltd 9 SOUTH PARK Woolsery Devon EX39 5QE
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North Devon Decorators Ltd Accountants' report
Accountants' report to the board of directors of North Devon Decorators Ltd (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 December 2025.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 31 December 2025. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
On the Books Ltd 9 SOUTH PARK Woolsery Devon EX39 5QE 30 July 2026
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North Devon Decorators Ltd Statement of financial position as at 31 December 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
443,352 
413,034 
Current assets
Inventories
20,500 
20,500 
Debtors
711,555 
558,284 
Cash at bank and in hand
69,967 
159,316 
802,022 
738,100 
Creditors: amounts falling due within one year
(355,711)
(262,517)
Net current assets
446,311 
475,583 
Total assets less current liabilities
889,663 
888,617 
Creditors: amounts falling due after more than one year
(368,199)
(391,657)
Provisions for liabilities
Other provisions
(10,983)
(38,006)
Net assets
510,481 
458,954 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
510,479 
458,952 
Shareholders' funds
510,481 
458,954 
For the year ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 31 July 2026 and were signed on its behalf by
Peter John ACERS Director Company Registration No. 09860110
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North Devon Decorators Ltd Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
North Devon Decorators Ltd is a private company, limited by shares, registered in England and Wales, registration number 09860110. The registered office is Phoenix House, Bucks Cross, Bideford, Devon, EX39 5DT, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Land & buildings
4% Straight Line
Plant & machinery
25% Straight LIne
Motor vehicles
12.5% Straight Line
Fixtures & fittings
25% Straight Line
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 January 2025
293,275 
- 
221,662 
57,099 
572,036 
Additions
- 
6,320 
92,510 
19,888 
118,718 
Disposals
- 
- 
(33,143)
- 
(33,143)
At 31 December 2025
293,275 
6,320 
281,029 
76,987 
657,611 
Depreciation
At 1 January 2025
67,456 
- 
54,343 
37,203 
159,002 
Charge for the year
11,731 
1,580 
35,129 
19,247 
67,687 
On disposals
- 
- 
(12,430)
- 
(12,430)
At 31 December 2025
79,187 
1,580 
77,042 
56,450 
214,259 
Net book value
At 31 December 2025
214,088 
4,740 
203,987 
20,537 
443,352 
At 31 December 2024
225,819 
- 
167,319 
19,896 
413,034 
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North Devon Decorators Ltd Notes to the Accounts for the year ended 31 December 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
2,026 
- 
Trade debtors
307,136 
135,074 
Amounts due from group undertakings etc.
398,967 
402,967 
Accrued income and prepayments
4,197 
859 
Other debtors
(771)
19,384 
711,555 
558,284 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
63,549 
77,287 
Obligations under finance leases and hire purchase contracts
46,463 
28,969 
Trade creditors
97,277 
52,205 
Taxes and social security
72,414 
46,288 
Other creditors
65,622 
54,498 
Loans from directors
8,136 
- 
Accruals
2,250 
3,270 
355,711 
262,517 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
251,841 
313,977 
Obligations under finance leases and hire purchase contracts
116,358 
77,680 
368,199 
391,657 
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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