Archair Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

1. General Information

Archair Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14220098 . The registered office is Unit 6 Stephenson Road, Swindon, SN25 5AX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% on cost
Motor Vehicles	20% on cost
Computer Equipment	25% on cost

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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Archair Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.5. Financial Instruments

The company has chosen to adopt Sections 11 and 12 of FRS 102 in respect of financial instruments.

Financial assets

Basic financial assets, including trade and other receivables, cash and bank balances, are initially

recognised at transaction price, unless the arrangement constitutes a financing transaction, where the

transaction is measured at the present value of the future receipts discounted at a market rate of

interest.

Such assets are subsequently carried at amortised cost using the effective interest method.

At the end of each reporting period financial assets measured at amortised cost are assessed for

objective evidence of impairment. If an asset is impaired the impairment loss is the difference between

the carrying amount and the present value of the estimated cash flows discounted at the assets

original effective interest rate. The impairment loss is recognised in profit or loss.

If there is a decrease in the impairment loss arising from an event occurring after the impairment was

recognised the impairment is reversed. The reversal is such that the current carrying amount does not

exceed what the carrying amount would have been had the impairment not previously been

recognised. The impairment reversal is recognised in profit or loss.

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset

expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are

transferred to another party or (c) control the asset has been transferred to another party who has the

practical ability to unilaterally sell the asset to an unrelated third party without imposing additional

restrictions.

Financial liabilities

Basic financial liabilities, including trade and other payables, bank loans and overdrafts and loans from

fellow group companies, are initially recognised at transaction price, unless the arrangement

constitutes a financing transaction, where the debt instrument is measured at the present value of the

future receipts discounted at a market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade payables are obligations to pay for goods or services that have been acquired in the ordinary

course of business from suppliers. Accounts payable are classified as current liabilities if payment is

due within one year or less. If not, they are presented as non-current liabilities. Trade payables are

recognised initially at transaction price and subsequently measured at amortised cost using the

effective interest method.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual

obligation is discharged, cancelled or expires.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

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Archair Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was: 9 (2024: 7)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 January 2025	42,353	127,302	1,452	171,107
Additions	-	30,393	1,881	32,274

As at 31 December 2025	42,353	157,695	3,333	203,381

Depreciation
As at 1 January 2025	17,501	26,206	121	43,828
Provided during the period	10,588	26,257	529	37,374

As at 31 December 2025	28,089	52,463	650	81,202

Net Book Value
As at 31 December 2025	14,264	105,232	2,683	122,179

As at 1 January 2025	24,852	101,096	1,331	127,279

5. Stocks

	2025	2024
	£	£
Work in progress	41,189	23,668

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	172,214	160,633
Other debtors	14,811	9,433

	187,025	170,066

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	25,863	3,581
Amounts owed to group undertakings	151,000	40,000
Other creditors	130,666	5,061
Taxation and social security	31,494	84,860

	339,023	133,502

Amounts due to group undertakings are unsecured, interest free and repayable on demand.

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Archair Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	1

On 1st September 2025 the company issued one £1 ordinary share.

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		122,179		127,279

			122,179		127,279
CURRENT ASSETS
Stocks	5	41,189		23,668
Debtors	6	187,025		170,066
Cash at bank and in hand		34,423		82,542

		262,637		276,276
Creditors: Amounts Falling Due Within One Year	7	(339,023 )		(133,502 )

NET CURRENT ASSETS (LIABILITIES)			(76,386 )		142,774

TOTAL ASSETS LESS CURRENT LIABILITIES			45,793		270,053

PROVISIONS FOR LIABILITIES
Deferred Taxation			(30,545 )		-

NET ASSETS			15,248		270,053

CAPITAL AND RESERVES
Called up share capital	8		2		1
Profit and Loss Account			15,246		270,052

SHAREHOLDERS' FUNDS			15,248		270,053