REGISTERED NUMBER: SC602534 (Scotland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

Q REDESIGN LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Ms M Medaets

REGISTERED OFFICE:

Summit House

4-5 Mitchell Street

Edinburgh

EH6 7BD

REGISTERED NUMBER:

SC602534 (Scotland)

ACCOUNTANTS:

Lawes & Co

Boyce's Building

40-42 Regent Street

Clifton

Bristol

BS8 4HU

FIXED ASSETS

Tangible assets

4

24,272

29,331

CURRENT ASSETS

Stocks

122,994

166,137

Debtors

5

25,058

17,530

Cash at bank and in hand

82,362

158,717

230,414

342,384

CREDITORS

Amounts falling due within one year

6

176,488

328,285

NET CURRENT ASSETS

53,926

14,099

TOTAL ASSETS LESS CURRENT LIABILITIES

78,198

43,430

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

78,098

43,330

SHAREHOLDERS' FUNDS

78,198

43,430

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 her 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 16 September 2026 and were signed by:

Ms M Medaets - Director

1.	STATUTORY INFORMATION

Q Redesign Limited is a private company, limited by shares , registered in Scotland. 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.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2025

3,669

97,962

34,573

136,204

Additions

-

854

1,590

2,444

At 31 December 2025

3,669

98,816

36,163

138,648

DEPRECIATION

At 1 January 2025

3,009

79,405

24,459

106,873

Charge for year

165

4,710

2,628

7,503

At 31 December 2025

3,174

84,115

27,087

114,376

NET BOOK VALUE

At 31 December 2025

495

14,701

9,076

24,272

At 31 December 2024

660

18,557

10,114

29,331

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

550

3,030

Deferred tax asset

8,797

-

Prepayments

15,711

14,500

25,058

17,530

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

32,417

(4,498

)

Tax

7,268

11,325

Social security and other taxes

1,816

2,073

VAT

9,227

12,914

Other creditors

120,972

-

Directors' current accounts

-

237,456

Accruals and deferred income

4,788

69,015

176,488

328,285

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.12.25

31.12.24

£

£

Within one year

69,600

69,600

Between one and five years

133,400

203,000

203,000

272,600

8.	DEFERRED TAX

£

Reversal of timing differences

(8,797

)

Balance at 31 December 2025

(8,797

)

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

100

Ordinary

£1.00

100

100

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Sunset Barn Interiors Ltd.