REGISTERED NUMBER: 05613742 (England and Wales)

IDM DOORS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28TH FEBRUARY 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D W Smith

G A Navarra

H E Sparkes

M E Brennan

L A Wheatstone

SECRETARY:

A Pritchard

REGISTERED OFFICE:

Rock Wharf

Mill Parade

Newport

Gwent

NP20 2JR

REGISTERED NUMBER:

05613742 (England and Wales)

ACCOUNTANTS:

Green & Co

Accountants and Tax Advisors

Pembroke House

Llantarnam Park Way

Cwmbran

Torfaen

NP44 3AU

FIXED ASSETS

Intangible assets

4

6,257

25,333

Tangible assets

5

165,974

204,688

172,231

230,021

CURRENT ASSETS

Stocks

753,886

772,547

Debtors

6

763,865

1,110,242

Cash at bank and in hand

1,176,052

627,219

2,693,803

2,510,008

CREDITORS

Amounts falling due within one year

7

993,920

1,108,929

NET CURRENT ASSETS

1,699,883

1,401,079

TOTAL ASSETS LESS CURRENT LIABILITIES

1,872,114

1,631,100

CREDITORS

Amounts falling due after more than one year

8

-

(5,485

)

PROVISIONS FOR LIABILITIES

(41,494

)

(51,172

)

NET ASSETS

1,830,620

1,574,443

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

1,830,520

1,574,343

SHAREHOLDERS' FUNDS

1,830,620

1,574,443

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26th August 2026 and were signed on its behalf by:

D W Smith - Director

1.	STATUTORY INFORMATION

IDM Doors Limited 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.

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.

Safety certification costs are being amortised evenly over their estimated useful life of three years.

Computer software is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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

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 52 (2025 - 49 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1st March 2025

and 28th February 2026

90,459

AMORTISATION

At 1st March 2025

65,126

Charge for year

19,076

At 28th February 2026

84,202

NET BOOK VALUE

At 28th February 2026

6,257

At 28th February 2025

25,333

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1st March 2025

265,881

25,925

120,158

18,610

430,574

Additions

28,361

-

24,664

1,250

54,275

Disposals

(2,500

)

-

-

-

(2,500

)

At 28th February 2026

291,742

25,925

144,822

19,860

482,349

DEPRECIATION

At 1st March 2025

122,779

19,677

72,595

10,835

225,886

Charge for year

52,098

3,246

32,230

2,915

90,489

At 28th February 2026

174,877

22,923

104,825

13,750

316,375

NET BOOK VALUE

At 28th February 2026

116,865

3,002

39,997

6,110

165,974

At 28th February 2025

143,102

6,248

47,563

7,775

204,688

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

626,456

992,158

Other debtors

69,840

60,872

Prepayments and accrued income

67,569

57,212

763,865

1,110,242

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Funding Circle loan

-

57,960

Hire purchase contracts

5,633

9,403

Trade creditors

744,797

758,431

Corporation Tax

117,185

139,585

Social security and other taxes

31,361

25,021

VAT

58,042

95,247

Directors' current accounts

-

1,873

Credit card

12,818

2,109

Accrued expenses

24,084

19,300

993,920

1,108,929

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Hire purchase contracts

-

5,485

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

192

Ordinary A

£1

96

96

8

Ordinary B

£1

4

4

100

100

The following shares were issued during the year for cash at par :

96 Ordinary A shares of £1

4 Ordinary B shares of £1

10.	RELATED PARTY DISCLOSURES

During the year, the company made the following transactions with related parties under the control of the directors:

Rent paid £16,439 (2025: £14,748).

At 28 February 2026, the company owed £7,229 (2025: £1,229) to the related parties

During the year, the company made the following transactions with other related parties:

Rent paid £51,000 (2025: £51,000)

At 28 February 2026, the company owed £8,129 (2025: £1,829) to other related parties

During the year, the company made the following transactions with an associated company:

Sales and recharges £2,500 (2025: £93,581)

Purchases and recharges incurred £240,287 (2025: £246,638)

At 28 February 2026, the company owed £314,069 (2025: £246,638) to the associated company, which is included in trade creditors and accruals.

At 28 February 2026, the company was owed £2,500 (2025: £51,856) from the associated company, which is included in trade and other debtors.