Sliding Wardrobes Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 07447329 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Sliding Wardrobes Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M R Flynn

REGISTERED OFFICE:

The Courtyard, The Wolds

Tydcombe Road

Warlingham

Surrey

CR6 9LU

REGISTERED NUMBER:

07447329 (England and Wales)

ACCOUNTANTS:

RAA Gilroy & Brookes Accountants Ltd

Suite 15

The Enterprise Centre

Coxbridge Business Park

Farnham

Surrey

GU10 5EH

Fixed assets

Intangible assets

4

-

Tangible assets

5

60,307

75,840

Investment property

6

376,827

357,254

437,134

433,094

Current assets

Debtors

7

260,978

277,785

Cash at bank

405,639

523,512

666,617

801,297

Creditors

Amounts falling due within one year

8

(192,588

)

(294,961

)

Net current assets

474,029

506,336

Total assets less current liabilities

911,163

939,430

Creditors

Amounts falling due after more than one year

9

(89,337

)

(100,986

)

Provisions for liabilities

11

(10,139

)

(8,321

)

Net assets

811,687

830,123

Capital and reserves

Called up share capital

12

1

Retained earnings

811,686

830,122

Shareholders' funds

811,687

830,123

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 20 August 2026 and were signed by:

M R Flynn - Director

1.	STATUTORY INFORMATION

Sliding Wardrobes 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 as modified by the revaluation of certain assets.

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.

Development costs are being amortised evenly over their estimated useful life of nil years.

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.

Improvements to property

-

25% on reducing balance

Plant and machinery

-

10% on cost

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

INVESTMENT PROPERTY

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Development

costs

£

COST

At 1 January 2025

and 31 December 2025

21,430

AMORTISATION

At 1 January 2025

and 31 December 2025

21,430

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

COST

At 1 January 2025

7,087

31,603

9,438

Additions

-

At 31 December 2025

7,087

31,603

9,438

DEPRECIATION

At 1 January 2025

5,365

13,910

7,711

Charge for year

574

3,160

432

At 31 December 2025

5,939

17,070

8,143

NET BOOK VALUE

At 31 December 2025

1,148

14,533

1,295

At 31 December 2024

1,722

17,693

1,727

Motor

Computer

vehicles

equipment

Totals

£

COST

At 1 January 2025

116,451

12,102

176,681

Additions

-

2,436

At 31 December 2025

116,451

14,538

179,117

DEPRECIATION

At 1 January 2025

67,323

6,532

100,841

Charge for year

12,282

1,521

17,969

At 31 December 2025

79,605

8,053

118,810

NET BOOK VALUE

At 31 December 2025

36,846

6,485

60,307

At 31 December 2024

49,128

5,570

75,840

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

357,254

Revaluations

19,573

At 31 December 2025

376,827

NET BOOK VALUE

At 31 December 2025

376,827

At 31 December 2024

357,254

Fair value at 31 December 2025 is represented by:

£

Valuation in 2020

7,306

Valuation in 2021

(16,302

)

Valuation in 2022

36,905

Valuation in 2023

(25,458

)

Valuation in 2024

(17,462

)

Cost

391,838

376,827

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

199

2,668

Staff loan

259,729

275,117

Prepayments and accrued income

1,050

-

260,978

277,785

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts (see note 10)

19,231

Trade creditors

96,810

184,106

Corporation tax payable

12,651

34,927

PAYE/NI liability

1,065

2

VAT

17,929

15,130

Other creditors

263

1,996

Other trade creditors

25,651

-

Credit card

17,968

27,058

Directors' current accounts

760

12,466

Accruals and deferred income

260

45

192,588

294,961

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Bank loans (see note 10)

89,337

100,986

10.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

Amounts falling due within one year or on demand:

Bank Loan current portion

19,231

Amounts falling due between one and two years:

Bank loans - 1-2 years

89,337

100,986

11.	PROVISIONS FOR LIABILITIES

2025

2024

£

Deferred tax

10,139

8,321

Deferred

tax

£

Balance at 1 January 2025

8,321

Provided during year

1,818

Balance at 31 December 2025

10,139

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

1

Ordinary

1

13.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is M R Flynn.