Company No: 04718079 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2026		2025
		£		£
Fixed assets
Tangible assets	3	35,247		45,285
Investments	4	997,499		0
		1,032,746		45,285
Current assets
Stocks		55,158		103,753
Debtors	5	184,161		55,887
Cash at bank and in hand		180,585		2,271,075
		419,904		2,430,715
Creditors: amounts falling due within one year	6	( 278,398)		( 943,291)
Net current assets		141,506		1,487,424
Total assets less current liabilities		1,174,252		1,532,709
Creditors: amounts falling due after more than one year	7	0		( 443,842)
Provision for liabilities		( 1,082)		0
Net assets		1,173,170		1,088,867
Capital and reserves
Called-up share capital		524		524
Capital redemption reserve		676		676
Profit and loss account		1,171,970		1,087,667
Total shareholders' funds		1,173,170		1,088,867

Included within the profit and loss account is £18 of non-distributable reserves (2025: £Nil).

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 financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of The Dormy House Furniture and Soft Furnishings Ltd (registered number: 04718079) were approved and authorised for issue by the Board of Directors on 24 August 2026. They were signed on its behalf by:

Mrs A F B R Trinder Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

The Dormy House Furniture and Soft Furnishings Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Hitchcock House Hilltop Park, Devizes Road, Salisbury, SP3 4UF, United Kingdom. The principal place of business is Unit 3, Glenmore Trade Park, Greenwich Way, Andover, Hampshire, SP10 4EY, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors are in the process of disposing of the company’s trading operations. Following this, the company will continue as an investment entity. The financial statements have been prepared on a going concern basis.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Turnover

Turnover represents the value of goods sold during the year, net of Value added tax and trade discounts. Turnover is recognised when the goods are physically delivered to the customer.

Uninvoiced deliveries at the year end are included in accrued income. Invoiced deliveries are included in debtors. Where customers pay in advance for goods, the amount is recorded as deferred income until the goods have been delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a reducing balance basis, as follows:

Leasehold improvements	10 years straight line
Plant and machinery	25 % reducing balance
Vehicles	25 % reducing balance
Office equipment	25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	9		11

3. Tangible assets

	Leasehold improve- ments		Plant and machinery		Vehicles		Office equipment		Total
	£		£		£		£		£
Cost
At 01 April 2025	12,845		43,031		22,995		1,812		80,683
At 31 March 2026	12,845		43,031		22,995		1,812		80,683
Accumulated depreciation
At 01 April 2025	2,570		16,485		15,720		623		35,398
Charge for the financial year	1,285		6,637		1,819		297		10,038
At 31 March 2026	3,855		23,122		17,539		920		45,436
Net book value
At 31 March 2026	8,990		19,909		5,456		892		35,247
At 31 March 2025	10,275		26,546		7,275		1,189		45,285

4. Fixed asset investments

	Listed investments		Total
	£		£
Cost or valuation before impairment
At 01 April 2025	0		0
Additions	1,302,978		1,302,978
Disposals	( 281,136)		( 281,136)
Movement in fair value	( 24,343)		( 24,343)
At 31 March 2026	997,499		997,499
Carrying value at 31 March 2026	997,499		997,499
Carrying value at 31 March 2025	0		0

5. Debtors

	2026		2025
	£		£
Trade debtors	594		2,065
Prepayments	18,861		16,723
VAT recoverable	0		747
Corporation tax	84,298		0
Other debtors	80,408		36,352
	184,161		55,887

6. Creditors: amounts falling due within one year

	2026		2025
	£		£
Bank loans	0		37,503
Trade creditors	29,126		51,633
Taxation and social security	26,029		173,922
Obligations under finance leases and hire purchase contracts	0		6,650
Other creditors	223,243		673,583
	278,398		943,291

The above bank loans of £Nil (2025- £37,503) are secured on the company assets.

7. Creditors: amounts falling due after more than one year

	2026		2025
	£		£
Bank loans	0		443,842

The above bank loans of £Nil (2025- £443,842) are secured on the company assets.

8. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

	2026		2025
	£		£
Within one year	27,700		27,700
Between one and five years	110,800		110,800
After five years	55,400		83,100
	193,900		221,600

9. Events after the Balance Sheet date

During the year, the directors initiated a process to dispose of the company’s trade and operational assets. Upon completion, the company will cease trading activities and will invest the proceeds, deriving income from investments.

10. Loans to directors

	2026
	£
Opening balance	(1,713)
Repayments by directors	(148,094)
Adavances to directors	194,803
	44,996

Interest is charged at HMRC official rate of 3.75% on the above loan.